Siemens Fonds Invest GmbH Grows Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Siemens Fonds Invest GmbH raised its position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 871.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,834 shares of the business services provider's stock after buying an additional 9,719 shares during the quarter. Siemens Fonds Invest GmbH's holdings in FactSet Research Systems were worth $5,203,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of FactSet Research Systems by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider's stock valued at $226,867,000 after purchasing an additional 52,741 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of FactSet Research Systems in the fourth quarter valued at $5,882,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of FactSet Research Systems by 5.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,814 shares of the business services provider's stock valued at $9,094,000 after purchasing an additional 932 shares during the period. Mediolanum International Funds Ltd lifted its holdings in FactSet Research Systems by 35.4% during the 4th quarter. Mediolanum International Funds Ltd now owns 23,718 shares of the business services provider's stock worth $11,420,000 after purchasing an additional 6,207 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in FactSet Research Systems by 44.4% during the 4th quarter. American Century Companies Inc. now owns 15,493 shares of the business services provider's stock worth $7,441,000 after purchasing an additional 4,763 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company's stock.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the company's stock in a transaction that occurred on 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 sale, the chief accounting officer now owns 44 shares of the company's stock, valued at $19,084.12. This represents a 89.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

FactSet Research Systems Price Performance

FDS stock traded down $8.20 during midday trading on Friday, reaching $457.37. The company had a trading volume of 554,135 shares, compared to its average volume of 292,625. The firm has a 50-day moving average price of $440.31 and a 200-day moving average price of $458.33. The company has a market capitalization of $17.36 billion, a P/E ratio of 32.79, a P/E/G ratio of 2.93 and a beta of 0.88. FactSet Research Systems Inc. has a 1 year low of $391.69 and a 1 year high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.22 EPS. On average, research analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders 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 is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. This represents a $4.40 annualized dividend and a dividend yield of 0.96%. FactSet Research Systems's dividend payout ratio is 31.29%.

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.