Kestra Private Wealth Services LLC Has $969,000 Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Kestra Private Wealth Services LLC raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,017 shares of the business services provider’s stock after buying an additional 48 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in FactSet Research Systems were worth $969,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FDS. CWM LLC lifted its stake in FactSet Research Systems by 17.8% in the third quarter. CWM LLC now owns 2,075 shares of the business services provider’s stock valued at $954,000 after buying an additional 313 shares during the period. Exchange Traded Concepts LLC raised its position in shares of 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 period. Vontobel Holding Ltd. raised its position in shares of FactSet Research Systems by 10.4% during the third quarter. Vontobel Holding Ltd. now owns 1,323 shares of the business services provider’s stock worth $608,000 after purchasing an additional 125 shares during the period. nVerses Capital LLC acquired a new position in shares of FactSet Research Systems during the third quarter worth approximately $1,058,000. Finally, Mitchell & Pahl Private Wealth LLC raised its position in shares of FactSet Research Systems by 2.0% during the third quarter. Mitchell & Pahl Private Wealth LLC now owns 1,861 shares of the business services provider’s stock worth $856,000 after purchasing an additional 37 shares during the period. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Stock Up 1.2 %

Shares of NYSE:FDS opened at $459.65 on Friday. The company has a market capitalization of $17.48 billion, a PE ratio of 32.95, a price-to-earnings-growth ratio of 2.95 and a beta of 0.77. 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 business has a fifty day moving average price of $472.18 and a two-hundred day moving average price of $457.32. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The firm 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 prior year, the company earned $4.12 EPS. Analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a yield of 0.91%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

Analyst Ratings Changes

FDS has been the topic of a number of research reports. Wells Fargo & Company lowered their target price on FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating on the stock in a research report on Tuesday. BMO Capital Markets lowered their target price on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research report on Monday, December 23rd. Stifel Nicolaus upped their target price on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research report on Friday, December 20th. Morgan Stanley upped their target price on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. Finally, UBS Group increased their price target on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Five research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Hold” and an average price target of $453.23.

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.