Universal Beteiligungs und Servicegesellschaft mbH Raises Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 3.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,016 shares of the business services provider's stock after purchasing an additional 3,223 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.22% of FactSet Research Systems worth $38,652,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDS. Cary Street Partners Financial LLC purchased a new stake in FactSet Research Systems in the fourth quarter worth approximately $29,000. American National Bank & Trust purchased a new stake in FactSet Research Systems in the first quarter worth approximately $44,000. Golden State Wealth Management LLC raised its position in FactSet Research Systems by 800.0% in the first quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider's stock worth $45,000 after acquiring an additional 88 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in FactSet Research Systems by 31.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 118 shares of the business services provider's stock worth $54,000 after acquiring an additional 28 shares during the period. Finally, CX Institutional bought a new position in FactSet Research Systems in the first quarter worth approximately $60,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

FactSet Research Systems Price Performance

Shares of FDS stock traded down $2.10 on Friday, hitting $419.36. 348,127 shares of the stock traded hands, compared to its average volume of 285,974. The firm has a market cap of $15.86 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 2.74 and a beta of 0.84. FactSet Research Systems Inc. has a 52 week low of $391.69 and a 52 week high of $499.87. The firm has a 50 day simple moving average of $440.41 and a two-hundred day simple moving average of $444.24. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.47 and a quick ratio of 1.47.

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

FactSet Research Systems Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 18th. Shareholders of record on Friday, May 30th were issued a $1.10 dividend. This is an increase from FactSet Research Systems's previous quarterly dividend of $1.04. This represents a $4.40 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date was Friday, May 30th. FactSet Research Systems's payout ratio is currently 31.79%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, June 20th. UBS Group reiterated a "neutral" rating on shares of FactSet Research Systems in a research report on Friday, June 20th. BMO Capital Markets increased 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 research report on Friday, June 20th. Evercore ISI decreased their price target on shares of FactSet Research Systems from $470.00 to $448.00 and set an "in-line" rating on the stock in a research report on Monday, June 16th. Finally, Morgan Stanley increased their price target on shares of FactSet Research Systems from $390.00 to $393.00 and gave the stock an "underweight" rating 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. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $444.25.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 2,500 shares of FactSet Research Systems stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total value of $1,106,500.00. Following the sale, the chief accounting officer directly owned 44 shares in the company, valued at approximately $19,474.40. The trade was a 98.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher R. Ellis sold 7,606 shares of FactSet Research Systems stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $446.84, for a total transaction of $3,398,665.04. Following the completion of the sale, the executive vice president owned 23,952 shares in the company, valued at approximately $10,702,711.68. This represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,031 shares of company stock worth $5,825,481. Insiders own 1.10% of the company's stock.

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.