FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 24,686 shares of the business services provider’s stock after selling 1,251 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in FactSet Research Systems were worth $11,856,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in FDS. Mount Yale Investment Advisors LLC grew its stake in FactSet Research Systems by 1.4% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock worth $755,000 after buying an additional 22 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of FactSet Research Systems by 19.1% in the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 22 shares during the period. Private Trust Co. NA grew its position in shares of FactSet Research Systems by 8.2% during the fourth quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock worth $140,000 after acquiring an additional 22 shares during the last quarter. Avantax Advisory Services Inc. raised its position in FactSet Research Systems by 2.0% in the 4th quarter. Avantax Advisory Services Inc. now owns 1,214 shares of the business services provider’s stock valued at $583,000 after purchasing an additional 24 shares during the last quarter. Finally, Cerro Pacific Wealth Advisors LLC raised its position in FactSet Research Systems by 1.4% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the business’s stock in a transaction 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is currently owned by company insiders.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $449.16 on Friday. The company has a market cap of $17.08 billion, a P/E ratio of 32.20, a price-to-earnings-growth ratio of 2.93 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. The business has a fifty day moving average of $454.05 and a two-hundred day moving average of $464.88. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, beating the consensus estimate of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The firm had revenue of $570.70 million during the quarter, compared to analysts’ expectations of $570.65 million. During the same quarter last year, the business earned $4.22 earnings per share. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. As a group, analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were issued a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 29.59%.

Analyst Upgrades and Downgrades

FDS has been the topic of a number of recent research reports. UBS Group dropped their price objective on shares of FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a research note on Friday, March 21st. Morgan Stanley reduced their price objective 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. Stifel Nicolaus lifted their target price on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. BMO Capital Markets cut their price target on FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a research note on Monday, March 24th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research report on Monday, March 10th. Five research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat, FactSet Research Systems presently has a consensus rating of “Hold” and an average price target of $436.27.

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.