Stiles Financial Services Inc Lowers Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Stiles Financial Services Inc decreased its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,537 shares of the business services provider’s stock after selling 279 shares during the period. Stiles Financial Services Inc’s holdings in FactSet Research Systems were worth $2,660,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Cetera Investment Advisers grew its holdings in FactSet Research Systems by 7.2% during the 2nd quarter. Cetera Investment Advisers now owns 5,791 shares of the business services provider’s stock valued at $2,364,000 after buying an additional 391 shares in the last quarter. CWM LLC grew its stake in FactSet Research Systems by 17.8% during the third 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 in the last quarter. Perpetual Ltd increased its holdings in FactSet Research Systems by 44.6% in the 3rd quarter. Perpetual Ltd now owns 755 shares of the business services provider’s stock valued at $347,000 after acquiring an additional 233 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in FactSet Research Systems by 810.8% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 337 shares of the business services provider’s stock valued at $155,000 after acquiring an additional 300 shares during the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in FactSet Research Systems by 581.8% in the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

FDS has been the topic of several research reports. UBS Group lifted their target price on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Stifel Nicolaus lifted their price objective 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 lowered their target price on 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. Morgan Stanley boosted their price target on shares of 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, Royal Bank of Canada reiterated 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 investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $453.46.

FactSet Research Systems Stock Down 0.5 %

Shares of NYSE:FDS opened at $467.10 on Monday. The firm has a market capitalization of $17.76 billion, a PE ratio of 33.48, a price-to-earnings-growth ratio of 2.95 and a beta of 0.77. The business has a 50 day simple moving average of $474.36 and a two-hundred day simple moving average of $456.72. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year 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.

FactSet Research Systems (NYSE:FDS) last posted 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. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. During the same quarter in the previous year, the business earned $4.12 EPS. FactSet Research Systems’s revenue was up 4.9% compared to the same quarter last year. On average, equities analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s dividend payout ratio is presently 29.82%.

About FactSet Research Systems

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.