Running Oak Capital LLC Increases Position in FactSet Research Systems Inc. (NYSE:FDS)

Running Oak Capital LLC increased its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,235 shares of the business services provider's stock after acquiring an additional 2,494 shares during the quarter. FactSet Research Systems comprises approximately 1.9% of Running Oak Capital LLC's portfolio, making the stock its 12th biggest position. Running Oak Capital LLC owned 0.05% of FactSet Research Systems worth $9,653,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FDS. Los Angeles Capital Management LLC bought a new position in FactSet Research Systems in the fourth quarter worth $2,185,000. First Trust Direct Indexing L.P. raised its holdings in FactSet Research Systems by 13.8% in the fourth quarter. First Trust Direct Indexing L.P. now owns 702 shares of the business services provider's stock worth $335,000 after purchasing an additional 85 shares in the last quarter. Summit Financial LLC raised its holdings in FactSet Research Systems by 6.1% in the fourth quarter. Summit Financial LLC now owns 1,437 shares of the business services provider's stock worth $686,000 after purchasing an additional 83 shares in the last quarter. ICW Investment Advisors LLC raised its holdings in FactSet Research Systems by 0.9% in the fourth quarter. ICW Investment Advisors LLC now owns 4,402 shares of the business services provider's stock worth $2,100,000 after purchasing an additional 41 shares in the last quarter. Finally, Savant Capital LLC bought a new position in FactSet Research Systems in the fourth quarter worth $224,000. Hedge funds and other institutional investors own 91.24% of the company's stock.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the firm's stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $415.26, for a total value of $1,245,780.00. Following the transaction, the chief executive officer now directly owns 12,915 shares of the company's stock, valued at $5,363,082.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 330 shares of the firm's stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $419.50, for a total value of $138,435.00. Following the transaction, the chief accounting officer now directly owns 72 shares of the company's stock, valued at $30,204. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Frederick Philip Snow sold 3,000 shares of the firm's stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $415.26, for a total value of $1,245,780.00. Following the completion of the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,363,082.90. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,330 shares of company stock valued at $2,740,515. Insiders own 1.00% of the company's stock.

FactSet Research Systems Stock Performance

NYSE FDS traded up $3.79 during trading hours on Thursday, hitting $423.36. The company's stock had a trading volume of 217,286 shares, compared to its average volume of 240,857. FactSet Research Systems Inc. has a 12 month low of $380.96 and a 12 month high of $488.64. The company's 50 day simple moving average is $448.37 and its two-hundred day simple moving average is $454.35. The company has a market cap of $16.14 billion, a P/E ratio of 33.62, a price-to-earnings-growth ratio of 2.64 and a beta of 0.73. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping 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 company had revenue of $545.95 million during the quarter, compared to the consensus estimate of $547.93 million. As a group, sell-side analysts expect that FactSet Research Systems Inc. will post 15.82 EPS for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, May 31st will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.98%. This is a boost from FactSet Research Systems's previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, May 31st. FactSet Research Systems's dividend payout ratio (DPR) is presently 31.04%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on FDS shares. Royal Bank of Canada reiterated a "sector perform" rating and issued a $464.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. Oppenheimer restated a "market perform" rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Wolfe Research assumed coverage on FactSet Research Systems in a report on Thursday, April 11th. They set an "underperform" rating and a $430.00 price target for the company. Stifel Nicolaus restated a "hold" rating and set a $469.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, BMO Capital Markets raised their price target on FactSet Research Systems from $447.00 to $458.00 and gave the company a "market perform" rating in a report on Monday, March 25th. Three investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $442.70.

FactSet Research Systems 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.