Hantz Financial Services Inc. Has $10.13 Million Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Hantz Financial Services Inc. trimmed its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 3.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 21,092 shares of the business services provider’s stock after selling 800 shares during the period. Hantz Financial Services Inc.’s holdings in FactSet Research Systems were worth $10,130,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Millennium Management LLC lifted its holdings in FactSet Research Systems by 2,873.9% during the 2nd quarter. Millennium Management LLC now owns 119,582 shares of the business services provider’s stock valued at $48,822,000 after purchasing an additional 115,561 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of FactSet Research Systems in the third quarter valued at about $38,909,000. Nordea Investment Management AB lifted its stake in shares of FactSet Research Systems by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock worth $164,653,000 after buying an additional 59,173 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of FactSet Research Systems by 12.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock worth $226,867,000 after buying an additional 52,741 shares during the period. Finally, State Street Corp grew its stake in FactSet Research Systems by 2.2% in the 3rd quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock valued at $888,603,000 after buying an additional 42,303 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

FDS has been the subject of several research reports. Royal Bank of Canada restated 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. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and reduced their price target for the company from $420.00 to $380.00 in a research note on Wednesday, October 9th. BMO Capital Markets decreased their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. Stifel Nicolaus boosted their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. Finally, UBS Group upped their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $453.46.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the sale, the insider now owns 299 shares of the company’s stock, valued at approximately $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock opened at $467.73 on Wednesday. The company has a 50 day moving average of $477.33 and a 200-day moving average of $454.36. The company has a market cap of $17.79 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 2.92 and a beta of 0.76. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share 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 firm had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. During the same quarter last year, the business posted $4.12 EPS. The company’s revenue was up 4.9% compared to the same quarter last year. As a group, equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were paid a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.89%. The ex-dividend date was Friday, November 29th. FactSet Research Systems’s payout ratio is 29.82%.

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.