FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by L. Roy Papp & Associates LLP

L. Roy Papp & Associates LLP lessened its stake in FactSet Research Systems Inc. (NYSE:FDS) by 1.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 18,853 shares of the business services provider’s stock after selling 200 shares during the quarter. FactSet Research Systems accounts for 1.1% of L. Roy Papp & Associates LLP’s portfolio, making the stock its 26th largest position. L. Roy Papp & Associates LLP’s holdings in FactSet Research Systems were worth $9,055,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its position in shares of FactSet Research Systems by 17.8% during the 3rd quarter. CWM LLC now owns 2,075 shares of the business services provider’s stock valued at $954,000 after acquiring an additional 313 shares during the period. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in FactSet Research Systems by 810.8% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 337 shares of the business services provider’s stock worth $155,000 after purchasing an additional 300 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in FactSet Research Systems by 581.8% during the third quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock worth $69,000 after purchasing an additional 128 shares during the last quarter. Koshinski Asset Management Inc. boosted its position in FactSet Research Systems by 26.6% during the third quarter. Koshinski Asset Management Inc. now owns 776 shares of the business services provider’s stock worth $357,000 after purchasing an additional 163 shares in the last quarter. Finally, Birch Capital Management LLC grew its holdings in FactSet Research Systems by 10.2% in the third quarter. Birch Capital Management LLC now owns 7,812 shares of the business services provider’s stock valued at $3,592,000 after purchasing an additional 725 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Stifel Nicolaus lifted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. BMO Capital Markets cut their target price on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. UBS Group upped their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Wells Fargo & Company dropped their price objective on shares of FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research report on Friday, December 20th. Five equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $453.23.

FactSet Research Systems Stock Down 1.4 %

FDS stock opened at $454.42 on Wednesday. The company has a 50 day moving average price of $473.15 and a two-hundred day moving average price of $457.33. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market capitalization of $17.28 billion, a P/E ratio of 32.58, a PEG ratio of 2.95 and a beta of 0.77. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The business had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.12 earnings per share. As a group, sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be issued a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.92%. FactSet Research Systems’s payout ratio is currently 29.82%.

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.