FactSet Research Systems Inc. (NYSE:FDS) Shares Bought by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lifted its stake in FactSet Research Systems Inc. (NYSE:FDS) by 3.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,589 shares of the business services provider’s stock after purchasing an additional 54 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in FactSet Research Systems were worth $758,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Bamco Inc. NY lifted its holdings in shares of FactSet Research Systems by 0.3% in the 3rd quarter. Bamco Inc. NY now owns 2,751,596 shares of the business services provider’s stock worth $1,203,163,000 after acquiring an additional 8,862 shares during the last quarter. Morgan Stanley lifted its holdings in shares of FactSet Research Systems by 100.1% in the 3rd quarter. Morgan Stanley now owns 1,396,225 shares of the business services provider’s stock worth $610,515,000 after acquiring an additional 698,611 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of FactSet Research Systems by 15.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 503,467 shares of the business services provider’s stock worth $220,146,000 after acquiring an additional 66,986 shares during the last quarter. Fiera Capital Corp lifted its holdings in shares of FactSet Research Systems by 1.6% in the 3rd quarter. Fiera Capital Corp now owns 441,046 shares of the business services provider’s stock worth $192,852,000 after acquiring an additional 6,960 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of FactSet Research Systems by 4.7% in the 3rd quarter. Northern Trust Corp now owns 390,555 shares of the business services provider’s stock worth $170,774,000 after acquiring an additional 17,605 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Up 0.7 %

Shares of NYSE:FDS traded up $2.76 during trading hours on Friday, reaching $421.47. The stock had a trading volume of 185,143 shares, compared to its average volume of 258,878. FactSet Research Systems Inc. has a 1 year low of $380.96 and a 1 year high of $488.64. The firm’s 50 day moving average is $450.55 and its 200-day moving average is $454.98. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market capitalization of $16.07 billion, a price-to-earnings ratio of 33.37, a P/E/G ratio of 2.57 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, beating analysts’ consensus estimates of $3.83 by $0.39. The firm had revenue of $545.95 million for the quarter, compared to the consensus estimate of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. Research analysts predict that FactSet Research Systems Inc. will post 15.83 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, February 29th were given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 31.04%.

Wall Street Analyst Weigh In

FDS has been the topic of several recent analyst reports. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. The Goldman Sachs Group increased their target price on shares of FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a report on Friday, March 22nd. Barclays reiterated an “equal weight” rating and set a $460.00 target price (down from $480.00) on shares of FactSet Research Systems in a report on Friday, March 22nd. BMO Capital Markets increased their target price on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a report on Monday, March 25th. Finally, Oppenheimer reiterated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Three investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $442.70.

Insider Activity at FactSet Research Systems

In related news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $476.02, for a total value of $1,428,060.00. Following the transaction, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $6,147,798.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.00% of the company’s stock.

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.