FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC increased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.1% during the third quarter, Holdings Channel.com reports. The fund owned 3,684 shares of the business services provider’s stock after buying an additional 40 shares during the period. OneDigital Investment Advisors LLC’s holdings in FactSet Research Systems were worth $1,694,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Empowered Funds LLC grew its holdings in FactSet Research Systems by 47.6% in the first quarter. Empowered Funds LLC now owns 626 shares of the business services provider’s stock valued at $284,000 after purchasing an additional 202 shares during the period. Vanguard Group Inc. lifted its position in shares of FactSet Research Systems by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,571,550 shares of the business services provider’s stock valued at $2,077,267,000 after buying an additional 11,974 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in FactSet Research Systems by 5.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 7,524 shares of the business services provider’s stock valued at $3,419,000 after acquiring an additional 418 shares during the period. UniSuper Management Pty Ltd increased its holdings in FactSet Research Systems by 431.3% in the 1st quarter. UniSuper Management Pty Ltd now owns 2,391 shares of the business services provider’s stock worth $1,086,000 after acquiring an additional 1,941 shares in the last quarter. Finally, Mattern Capital Management LLC raised its position in FactSet Research Systems by 4.4% during the first quarter. Mattern Capital Management LLC now owns 18,363 shares of the business services provider’s stock worth $8,344,000 after acquiring an additional 780 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $483.90 on Monday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. The stock has a market cap of $18.38 billion, a P/E ratio of 34.81, a PEG ratio of 3.20 and a beta of 0.75. The company has a 50-day moving average price of $461.60 and a 200 day moving average price of $433.79. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The firm had revenue of $562.20 million for the quarter, compared to analysts’ expectations of $547.06 million. During the same period in the prior year, the firm posted $2.93 earnings per share. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be paid a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.93%.

Wall Street Analyst Weigh In

FDS has been the topic of several research analyst reports. UBS Group lifted their target price on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research report on Friday. Evercore ISI began coverage on FactSet Research Systems in a report on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price objective on the stock. BMO Capital Markets increased their target price on FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a report on Friday. Redburn Atlantic lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $420.00 to $380.00 in a research note on Wednesday, October 9th. Finally, Stifel Nicolaus increased their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a research note on Friday, September 20th. Five equities research 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 a consensus target price of $450.00.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,380,259.85. This represents a 18.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James J. Mcgonigle sold 5,410 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $456.83, for a total value of $2,471,450.30. Following the completion of the sale, the director now owns 5,283 shares in the company, valued at $2,413,432.89. This represents a 50.59 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 26,984 shares of company stock valued at $12,230,877 over the last 90 days. 1.10% of the stock is owned by company insiders.

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.