Revisor Wealth Management LLC Invests $312,000 in FactSet Research Systems Inc. (NYSE:FDS)

Revisor Wealth Management LLC bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 685 shares of the business services provider's stock, valued at approximately $312,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in FactSet Research Systems by 40,436.2% in the 1st quarter. GAMMA Investing LLC now owns 430,089 shares of the business services provider's stock valued at $195,536,000 after purchasing an additional 429,028 shares during the period. Raymond James Financial Inc. bought a new stake in FactSet Research Systems in the 4th quarter valued at $69,128,000. Point72 Asset Management L.P. bought a new stake in FactSet Research Systems in the 4th quarter valued at $66,368,000. Vest Financial LLC bought a new stake in FactSet Research Systems in the 1st quarter valued at $52,445,000. Finally, Geode Capital Management LLC boosted its stake in FactSet Research Systems by 9.4% in the 4th quarter. Geode Capital Management LLC now owns 1,096,592 shares of the business services provider's stock valued at $527,411,000 after purchasing an additional 94,668 shares during the period. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Price Performance

Shares of NYSE:FDS traded up $0.23 during trading on Friday, reaching $447.94. 185,676 shares of the company traded hands, compared to its average volume of 293,338. The company's 50 day moving average is $443.47 and its two-hundred day moving average is $449.04. The firm has a market capitalization of $17.00 billion, a PE ratio of 32.37, a PEG ratio of 2.93 and a beta of 0.84. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.66. FactSet Research Systems Inc. has a 52 week low of $391.69 and a 52 week high of $499.87.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Monday, June 23rd. The business services provider reported $4.27 EPS for the quarter, missing analysts' consensus estimates of $4.30 by ($0.03). FactSet Research Systems had a return on equity of 31.59% and a net margin of 23.30%. The business had revenue of $585.52 million for the quarter, compared to analyst estimates of $580.70 million. During the same period last year, the firm posted $4.37 EPS. FactSet Research Systems's quarterly revenue was up 5.9% on a year-over-year basis. As a group, sell-side analysts predict 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 issued a dividend of $1.10 per share. The ex-dividend date was Friday, May 30th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 0.98%. This is a boost from FactSet Research Systems's previous quarterly dividend of $1.04. FactSet Research Systems's payout ratio is 31.79%.

Analysts Set New Price Targets

FDS has been the subject of several recent research reports. Evercore ISI reduced their price target on FactSet Research Systems from $470.00 to $448.00 and set an "in-line" rating for the company in a research note on Monday, June 16th. Morgan Stanley upped their target price on FactSet Research Systems from $390.00 to $393.00 and gave the company an "underweight" rating in a research report on Friday, June 20th. Wells Fargo & Company upped their target price on FactSet Research Systems from $402.00 to $405.00 and gave the company an "underweight" rating in a research report on Friday, June 20th. Raymond James Financial upgraded FactSet Research Systems from an "underperform" rating to a "market perform" rating in a research report on Thursday, June 26th. Finally, Royal Bank Of Canada reiterated a "sector perform" rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, June 20th. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $444.25.

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.