Robeco Institutional Asset Management B.V. Acquires 1,926 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Robeco Institutional Asset Management B.V. lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 159.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,135 shares of the business services provider's stock after purchasing an additional 1,926 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in FactSet Research Systems were worth $1,425,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of FDS. GAMMA Investing LLC lifted its holdings 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 worth $195,536,000 after purchasing an additional 429,028 shares during the period. Raymond James Financial Inc. acquired a new position in shares of FactSet Research Systems during the fourth quarter worth $69,128,000. Point72 Asset Management L.P. acquired a new position in shares of FactSet Research Systems during the fourth quarter worth $66,368,000. Vest Financial LLC acquired a new position in shares of FactSet Research Systems during the first quarter worth $52,445,000. Finally, Geode Capital Management LLC lifted its holdings in shares of FactSet Research Systems by 9.4% during 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 during the period. Institutional investors and hedge funds own 91.24% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on FDS shares. BMO Capital Markets lifted their price target on shares of FactSet Research Systems from $448.00 to $452.00 and gave the stock a "market perform" rating in a report on Friday, June 20th. Morgan Stanley lifted their target price on shares of FactSet Research Systems from $390.00 to $393.00 and gave the stock an "underweight" rating in a research note on Friday, June 20th. Raymond James Financial raised shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a research note on Thursday, June 26th. UBS Group reissued a "neutral" rating on shares of FactSet Research Systems in a research note on Friday, June 20th. Finally, Evercore ISI lowered their target price on shares of 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. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. According to data from MarketBeat, FactSet Research Systems has an average rating of "Hold" and a consensus target price of $444.25.

FactSet Research Systems Trading Up 0.1%

NYSE FDS traded up $0.23 during mid-day trading on Friday, reaching $447.94. 185,676 shares of the stock were exchanged, compared to its average volume of 293,338. FactSet Research Systems Inc. has a one year low of $391.69 and a one year high of $499.87. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.47 and a quick ratio of 1.47. The stock 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. The stock has a 50 day simple moving average of $443.47 and a 200-day simple moving average of $449.04.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data on Monday, June 23rd. The business services provider reported $4.27 earnings per share (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 company had revenue of $585.52 million for the quarter, compared to the consensus estimate of $580.70 million. During the same period last year, the company earned $4.37 EPS. FactSet Research Systems's revenue for the quarter was up 5.9% compared to the same quarter last year. On average, analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Friday, May 30th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 0.98%. This is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. The ex-dividend date was Friday, May 30th. FactSet Research Systems's payout ratio is presently 31.79%.

FactSet Research Systems Company 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.