Quantinno Capital Management LP Grows Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Quantinno Capital Management LP grew its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 48.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,465 shares of the business services provider's stock after purchasing an additional 1,133 shares during the quarter. Quantinno Capital Management LP's holdings in FactSet Research Systems were worth $1,664,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Mufg Securities Americas Inc. bought a new position in FactSet Research Systems in the fourth quarter worth approximately $269,000. Man Group plc increased its holdings in shares of FactSet Research Systems by 4.5% in the 4th quarter. Man Group plc now owns 34,480 shares of the business services provider's stock valued at $16,560,000 after acquiring an additional 1,487 shares during the period. Nissay Asset Management Corp Japan ADV raised its position in shares of FactSet Research Systems by 2.3% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 4,984 shares of the business services provider's stock worth $2,425,000 after acquiring an additional 113 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in shares of FactSet Research Systems during the 4th quarter worth $603,000. Finally, OMERS ADMINISTRATION Corp lifted its stake in shares of FactSet Research Systems by 11.0% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 1,687 shares of the business services provider's stock worth $810,000 after purchasing an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company's stock.

Insider Buying and Selling at FactSet Research Systems

In other news, CAO Gregory T. Moskoff sold 363 shares of the firm's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the completion of the transaction, the chief accounting officer now directly owns 44 shares in the company, valued at $19,084.12. This trade represents a 89.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.10% of the company's stock.

FactSet Research Systems Stock Performance

FDS stock traded up $4.91 during trading on Tuesday, reaching $467.71. The company had a trading volume of 37,275 shares, compared to its average volume of 291,202. The company has a market cap of $17.75 billion, a price-to-earnings ratio of 33.53, a price-to-earnings-growth ratio of 2.93 and a beta of 0.88. FactSet Research Systems Inc. has a twelve month low of $391.69 and a twelve month high of $499.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a 50-day simple moving average of $438.47 and a 200-day simple moving average of $458.39.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.17 by $0.11. The business had revenue of $570.70 million during the quarter, compared to analysts' expectations of $570.65 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company posted $4.22 earnings per share. As a group, sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Friday, May 30th will be given a dividend of $1.10 per share. The ex-dividend date is Friday, May 30th. This represents a $4.40 dividend on an annualized basis and a yield of 0.94%. This is a boost from FactSet Research Systems's previous quarterly dividend of $1.04. FactSet Research Systems's payout ratio is currently 31.29%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. UBS Group cut their target price on FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating on the stock in a research note on Friday, March 21st. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research report on Monday, March 10th. BMO Capital Markets decreased their target price on shares of FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating for the company in a research report on Monday, March 24th. Wells Fargo & Company lowered shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating and cut their price target for the stock from $450.00 to $402.00 in a report on Friday, March 21st. Finally, Morgan Stanley reduced their price target on FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a research report on Friday, March 21st. Four research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $436.90.

About FactSet Research Systems

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.