International Assets Investment Management LLC Acquires Shares of 94,933 FactSet Research Systems Inc. (NYSE:FDS)

International Assets Investment Management LLC bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 94,933 shares of the business services provider's stock, valued at approximately $45,288,000. International Assets Investment Management LLC owned approximately 0.25% of FactSet Research Systems as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. First Capital Advisors Group LLC. purchased a new stake in shares of FactSet Research Systems during the 2nd quarter valued at $30,000. Clear Street Markets LLC raised its position in FactSet Research Systems by 94.9% during the first quarter. Clear Street Markets LLC now owns 76 shares of the business services provider's stock valued at $32,000 after purchasing an additional 37 shares in the last quarter. Tyler Stone Wealth Management bought a new stake in FactSet Research Systems during the second quarter worth about $32,000. Eagle Bay Advisors LLC purchased a new position in shares of FactSet Research Systems in the 2nd quarter worth about $32,000. Finally, IFP Advisors Inc raised its holdings in shares of FactSet Research Systems by 71.4% during the 3rd quarter. IFP Advisors Inc now owns 84 shares of the business services provider's stock valued at $37,000 after buying an additional 35 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on FDS shares. Oppenheimer reaffirmed a "market perform" rating on shares of FactSet Research Systems in a research note on Friday, March 22nd. Barclays reiterated an "equal weight" rating and issued a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. The Goldman Sachs Group upped their price target on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a "sell" rating in a research report on Friday, March 22nd. Stifel Nicolaus reiterated a "hold" rating and issued a $469.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $464.00 target price on shares of FactSet Research Systems in a report on Friday, March 22nd. Two investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. Based on data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of "Hold" and a consensus price target of $444.11.

FactSet Research Systems Trading Down 0.1 %

FDS traded down $0.52 during midday trading on Tuesday, reaching $439.75. 224,593 shares of the company's stock traded hands, compared to its average volume of 238,122. FactSet Research Systems Inc. has a 52 week low of $380.96 and a 52 week high of $488.64. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79. The firm has a fifty day moving average of $462.62 and a two-hundred day moving average of $456.51. The stock has a market capitalization of $16.76 billion, a price-to-earnings ratio of 34.82, a P/E/G ratio of 2.67 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. The firm had revenue of $545.95 million for the quarter, compared to analysts' expectations of $547.93 million. On average, equities analysts anticipate that FactSet Research Systems Inc. will post 15.81 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were given a $0.98 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $3.92 annualized dividend and a dividend yield of 0.89%. FactSet Research Systems's dividend payout ratio is 31.04%.

Insider Activity

In other news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $476.02, for a total value of $1,428,060.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares of the company's stock, valued at approximately $6,147,798.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.00% 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.