Voya Investment Management LLC Buys 7,186 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Voya Investment Management LLC boosted its holdings in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 36.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,868 shares of the business services provider's stock after buying an additional 7,186 shares during the period. Voya Investment Management LLC owned approximately 0.07% of FactSet Research Systems worth $12,904,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Adage Capital Partners GP L.L.C. increased its holdings in FactSet Research Systems by 133.6% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 31,300 shares of the business services provider's stock valued at $15,033,000 after purchasing an additional 17,900 shares during the last quarter. MGO One Seven LLC increased its stake in shares of FactSet Research Systems by 10.4% in the 4th quarter. MGO One Seven LLC now owns 820 shares of the business services provider's stock valued at $394,000 after acquiring an additional 77 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of FactSet Research Systems by 48.9% in the 4th quarter. Hsbc Holdings PLC now owns 105,496 shares of the business services provider's stock valued at $50,802,000 after acquiring an additional 34,659 shares during the period. Stifel Financial Corp boosted its stake in FactSet Research Systems by 4.3% during the 4th quarter. Stifel Financial Corp now owns 44,746 shares of the business services provider's stock worth $21,523,000 after acquiring an additional 1,837 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in FactSet Research Systems by 10.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,969 shares of the business services provider's stock valued at $1,426,000 after purchasing an additional 274 shares during the period. Institutional investors and hedge funds own 91.24% of the company's stock.

Insider Activity

In other news, CAO Gregory T. Moskoff sold 363 shares of FactSet Research Systems stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $433.73, for a total transaction of $157,443.99. Following the completion of the transaction, the chief accounting officer now directly owns 44 shares in the company, valued at approximately $19,084.12. The trade was a 89.19 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.10% of the stock is owned by insiders.

FactSet Research Systems Stock Down 0.4 %

FDS stock traded down $1.61 during midday trading on Thursday, hitting $430.61. The company's stock had a trading volume of 223,926 shares, compared to its average volume of 284,076. The company's fifty day moving average price is $435.09 and its 200 day moving average price is $459.80. FactSet Research Systems Inc. has a twelve month low of $391.69 and a twelve month high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $16.34 billion, a P/E ratio of 30.87, a PEG ratio of 2.93 and a beta of 0.82.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.17 by $0.11. The firm had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.22 EPS. As a group, equities research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th will be paid a dividend of $1.10 per share. This is a positive change from FactSet Research Systems's previous quarterly dividend of $1.04. This represents a $4.40 annualized dividend and a dividend yield of 1.02%. FactSet Research Systems's payout ratio is currently 29.59%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. UBS Group decreased their price target on shares of FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a report on Friday, March 21st. BMO Capital Markets lowered their price target on FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating for the company in a report on Monday, March 24th. Wells Fargo & Company cut FactSet Research Systems from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $450.00 to $402.00 in a report on Friday, March 21st. Morgan Stanley lowered their target price on FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating for the company in a research note on Friday, March 21st. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $503.00 price target on shares of FactSet Research Systems in a report on Monday, March 10th. Four analysts have rated the stock with a sell rating and five 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 $436.90.

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.