18,515 Shares in FactSet Research Systems Inc. (NYSE:FDS) Acquired by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,515 shares of the business services provider's stock, valued at approximately $8,833,000.

A number of other hedge funds have also recently bought and sold shares of FDS. First Capital Advisors Group LLC. bought a new position in shares of FactSet Research Systems during the 2nd quarter worth approximately $30,000. Clear Street Markets LLC boosted its stake in shares of FactSet Research Systems by 94.9% during the 1st quarter. Clear Street Markets LLC now owns 76 shares of the business services provider's stock worth $32,000 after acquiring an additional 37 shares during the period. Tyler Stone Wealth Management bought a new position in shares of FactSet Research Systems during the 2nd quarter worth approximately $32,000. Eagle Bay Advisors LLC bought a new position in shares of FactSet Research Systems during the 2nd quarter worth approximately $32,000. Finally, IFP Advisors Inc boosted its stake 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 worth $37,000 after acquiring an additional 35 shares during the period. 91.24% of the stock is currently owned by institutional investors.

Insider Activity at FactSet Research Systems

In related news, CEO Frederick Philip Snow sold 3,000 shares of the company's stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $6,147,798.30. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.00% of the stock is owned by corporate insiders.

FactSet Research Systems Price Performance

FDS stock traded up $2.85 during midday trading on Tuesday, reaching $426.94. 279,197 shares of the stock were exchanged, compared to its average volume of 240,097. The stock has a market capitalization of $16.27 billion, a PE ratio of 33.80, a P/E/G ratio of 2.62 and a beta of 0.72. 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 company has a fifty day moving average price of $457.24 and a 200 day moving average price of $456.16.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $547.93 million. As a group, analysts expect that FactSet Research Systems Inc. will post 15.83 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, February 29th were given a dividend of $0.98 per share. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 annualized dividend and a dividend yield of 0.92%. FactSet Research Systems's payout ratio is 31.04%.

Wall Street Analysts Forecast Growth

FDS has been the subject of several recent research reports. Oppenheimer restated a "market perform" rating on shares of FactSet Research Systems in a research note on Friday, March 22nd. Wolfe Research initiated coverage on FactSet Research Systems in a research note on Thursday, April 11th. They issued an "underperform" rating and a $430.00 price target for the company. The Goldman Sachs Group boosted their price target on FactSet Research Systems from $377.00 to $419.00 and gave the company a "sell" rating in a research note on Friday, March 22nd. BMO Capital Markets boosted their price target on FactSet Research Systems from $447.00 to $458.00 and gave the company a "market perform" rating in a research note on Monday, March 25th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $464.00 price target on shares of FactSet Research Systems in a research note on Friday, March 22nd. Three research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $442.70.

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.