Outlook Wealth Advisors LLC Buys 124 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Outlook Wealth Advisors LLC increased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 27.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 573 shares of the business services provider’s stock after acquiring an additional 124 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in FactSet Research Systems were worth $260,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. BKM Wealth Management LLC acquired a new position in shares of FactSet Research Systems in the 4th quarter valued at $1,174,000. Stratos Wealth Partners LTD. raised its position in shares of FactSet Research Systems by 12.6% during the third quarter. Stratos Wealth Partners LTD. now owns 2,118 shares of the business services provider’s stock worth $926,000 after purchasing an additional 237 shares during the period. Advisors Preferred LLC bought a new position in shares of FactSet Research Systems during the 4th quarter valued at about $2,024,000. abrdn plc grew its position in shares of FactSet Research Systems by 17.4% in the 4th quarter. abrdn plc now owns 68,911 shares of the business services provider’s stock valued at $32,874,000 after purchasing an additional 10,230 shares during the period. Finally, Cookson Peirce & Co. Inc. acquired a new stake in FactSet Research Systems during the 4th quarter worth approximately $8,833,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

NYSE FDS traded up $2.76 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 company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79. The company has a market cap of $16.07 billion, a P/E ratio of 33.37, a price-to-earnings-growth ratio of 2.57 and a beta of 0.72. The firm has a fifty day moving average of $450.55 and a two-hundred day moving average of $454.98.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The business had revenue of $545.95 million for the quarter, compared to analyst estimates of $547.93 million. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 15.83 EPS for the current year.

FactSet Research Systems Announces Dividend

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

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the transaction, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,838,871.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets increased their price objective on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research report on Monday, March 25th. Wolfe Research started coverage on FactSet Research Systems in a research note on Thursday, April 11th. They issued an “underperform” rating and a $430.00 price target on the stock. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $464.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $442.70.

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.