New York State Teachers Retirement System Has $14.41 Million Position in FactSet Research Systems Inc. (NYSE:FDS)

New York State Teachers Retirement System lowered its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 3.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 31,705 shares of the business services provider's stock after selling 1,005 shares during the quarter. New York State Teachers Retirement System owned about 0.08% of FactSet Research Systems worth $14,414,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Geode Capital Management LLC boosted its stake in FactSet Research Systems by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 1,096,592 shares of the business services provider's stock worth $527,411,000 after purchasing an additional 94,668 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in FactSet Research Systems by 3.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 505,587 shares of the business services provider's stock worth $240,184,000 after purchasing an additional 16,522 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in FactSet Research Systems by 1.6% in the fourth quarter. JPMorgan Chase & Co. now owns 501,068 shares of the business services provider's stock worth $240,653,000 after purchasing an additional 7,718 shares in the last quarter. Invesco Ltd. lifted its stake in shares of FactSet Research Systems by 17.2% during the fourth quarter. Invesco Ltd. now owns 456,149 shares of the business services provider's stock valued at $219,079,000 after acquiring an additional 66,861 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of FactSet Research Systems by 40,436.2% during the first quarter. GAMMA Investing LLC now owns 430,089 shares of the business services provider's stock valued at $195,536,000 after acquiring an additional 429,028 shares during the period. Institutional investors and hedge funds own 91.24% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on FDS. Morgan Stanley upped their price target on FactSet Research Systems from $390.00 to $393.00 and gave the company an "underweight" rating in a research note on Friday, June 20th. Wells Fargo & Company upped their price target on FactSet Research Systems from $402.00 to $405.00 and gave the company an "underweight" rating in a research note on Friday, June 20th. UBS Group reaffirmed a "neutral" rating on shares of FactSet Research Systems in a research note on Friday, June 20th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $503.00 price target on shares of FactSet Research Systems in a research note on Friday, June 20th. Finally, BMO Capital Markets upped their target price on shares of FactSet Research Systems from $448.00 to $452.00 and gave the company a "market perform" rating in a research report on Friday, June 20th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company's stock. According to MarketBeat, FactSet Research Systems currently has a consensus rating of "Hold" and an average target price of $444.25.

FactSet Research Systems Trading Up 0.1%

NYSE:FDS traded up $0.23 during mid-day trading on Friday, hitting $447.94. The company had a trading volume of 185,676 shares, compared to its average volume of 293,028. FactSet Research Systems Inc. has a fifty-two week low of $391.69 and a fifty-two week high of $499.87. The business's fifty day moving average is $443.47 and its two-hundred day moving average is $449.20. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.47 and a current ratio of 1.47. The firm has a market cap of $17.00 billion, a P/E ratio of 32.37, a P/E/G ratio of 2.93 and a beta of 0.84.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its earnings results on Monday, June 23rd. The business services provider reported $4.27 earnings per share for the quarter, missing the consensus estimate of $4.30 by ($0.03). The company had revenue of $585.52 million during the quarter, compared to analyst estimates of $580.70 million. FactSet Research Systems had a net margin of 23.30% and a return on equity of 31.59%. The company's quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $4.37 EPS. As a group, research analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 0.98%. This is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. FactSet Research Systems's dividend payout ratio (DPR) is currently 31.79%.

FactSet Research Systems Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.