Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Makes New $1.07 Million Investment in FactSet Research Systems Inc. (NYSE:FDS)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group bought a new position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,358 shares of the business services provider's stock, valued at approximately $1,072,000.

Several other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in 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. Point72 Asset Management L.P. purchased a new position in shares of FactSet Research Systems during the fourth quarter worth approximately $66,368,000. Vest Financial LLC bought a new stake in shares of FactSet Research Systems in the 1st quarter worth approximately $52,445,000. Geode Capital Management LLC lifted its holdings in shares of 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 worth $527,411,000 after acquiring an additional 94,668 shares during the last quarter. Finally, Meridiem Capital Partners LP purchased a new position in shares of FactSet Research Systems in the fourth quarter worth $41,241,000. Institutional investors own 91.24% of the company's stock.

Insider Activity

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 2,500 shares of the company's stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $442.60, for a total value of $1,106,500.00. Following the completion of the transaction, the chief accounting officer directly owned 44 shares in the company, valued at $19,474.40. This represents a 98.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James J. Mcgonigle sold 2,925 shares of the stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $451.39, for a total value of $1,320,315.75. Following the transaction, the director owned 4,461 shares of the company's stock, valued at $2,013,650.79. This represents a 39.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,031 shares of company stock valued at $5,825,481 in the last quarter. 1.10% of the stock is currently owned by insiders.

FactSet Research Systems Stock Up 0.3%

FactSet Research Systems stock traded up $1.51 during mid-day trading on Friday, reaching $438.08. The stock had a trading volume of 12,187 shares, compared to its average volume of 317,503. The company has a market capitalization of $16.56 billion, a price-to-earnings ratio of 31.65, a PEG ratio of 2.85 and a beta of 0.84. The company has a 50-day moving average price of $445.15 and a two-hundred day moving average price of $446.49. 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.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $585.52 million during the quarter, compared to the consensus estimate of $580.70 million. During the same quarter in the previous year, the firm earned $4.37 EPS. The business's revenue for the quarter was up 5.9% on a year-over-year basis. On average, analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal 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 given a dividend of $1.10 per share. The ex-dividend date was Friday, May 30th. This represents a $4.40 annualized dividend and a dividend yield of 1.00%. This is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. FactSet Research Systems's dividend payout ratio is presently 31.79%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. BMO Capital Markets lifted their price target on shares of FactSet Research Systems from $448.00 to $452.00 and gave the company a "market perform" rating in a report on Friday, June 20th. Evercore ISI cut 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 report on Monday, June 16th. Morgan Stanley boosted their target price on shares of FactSet Research Systems from $390.00 to $393.00 and gave the company an "underweight" rating in a report on Friday, June 20th. Wells Fargo & Company boosted their target price on shares of FactSet Research Systems from $402.00 to $405.00 and gave the company an "underweight" rating in a report on Friday, June 20th. Finally, Raymond James Financial upgraded shares of FactSet Research Systems from an "underperform" rating to a "market perform" rating in a report on Thursday, June 26th. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company's stock. According to MarketBeat.com, FactSet Research Systems currently has an average rating of "Hold" and an average target price of $444.25.

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.

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