ExodusPoint Capital Management LP Purchases 3,095 Shares of FactSet Research Systems Inc. (NYSE:FDS)

ExodusPoint Capital Management LP lifted its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 25.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,111 shares of the business services provider’s stock after buying an additional 3,095 shares during the quarter. ExodusPoint Capital Management LP’s holdings in FactSet Research Systems were worth $7,258,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in FDS. Motley Fool Asset Management LLC increased its holdings in FactSet Research Systems by 7.3% in the fourth quarter. Motley Fool Asset Management LLC now owns 559 shares of the business services provider’s stock valued at $268,000 after purchasing an additional 38 shares during the period. World Investment Advisors acquired a new stake in shares of FactSet Research Systems in the fourth quarter valued at about $258,000. Huntington National Bank raised its position in shares of FactSet Research Systems by 152.2% during the fourth quarter. Huntington National Bank now owns 734 shares of the business services provider’s stock worth $353,000 after acquiring an additional 443 shares during the last quarter. OLD Mission Capital LLC bought a new stake in FactSet Research Systems in the fourth quarter valued at approximately $3,570,000. Finally, Geode Capital Management LLC boosted its holdings in FactSet Research Systems by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 1,096,592 shares of the business services provider’s stock valued at $527,411,000 after acquiring an additional 94,668 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Gregory T. Moskoff sold 363 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the completion of the sale, the chief accounting officer now directly owns 44 shares of the company’s stock, valued at approximately $19,084.12. This represents a 89.19 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Down 5.0 %

Shares of FactSet Research Systems stock opened at $415.36 on Friday. 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 Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The stock has a 50 day moving average price of $451.88 and a two-hundred day moving average price of $464.81. The stock has a market capitalization of $15.80 billion, a PE ratio of 29.77, a price-to-earnings-growth ratio of 2.93 and a beta of 0.82.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $570.70 million during the quarter, compared to analyst estimates of $570.65 million. During the same quarter in the previous year, the business posted $4.22 EPS. FactSet Research Systems’s quarterly revenue was up 4.5% on a year-over-year basis. As a group, equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Friday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 29.59%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Wells Fargo & Company downgraded shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $450.00 to $402.00 in a research report on Friday, March 21st. Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Monday, March 10th. BMO Capital Markets lowered their price objective on FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a research report on Monday, March 24th. UBS Group cut their target price on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a research report on Friday, March 21st. Finally, 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 report on Friday, March 21st. Five equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price 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.