Koch Industries Inc. bought a new position in FactSet Research Systems Inc. (NYSE:FDS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,151 shares of the business services provider’s stock, valued at approximately $222,000.
Several other institutional investors have also bought and sold shares of FDS. Turner Investments LLC bought a new stake in shares of FactSet Research Systems in the 3rd quarter worth $144,000. Fieldpoint Private Securities LLC bought a new stake in shares of FactSet Research Systems in the 3rd quarter worth $195,000. Advisory Services Network LLC increased its holdings in shares of FactSet Research Systems by 723.4% in the 4th quarter. Advisory Services Network LLC now owns 1,021 shares of the business services provider’s stock worth $197,000 after purchasing an additional 897 shares in the last quarter. Visionary Asset Management Inc. bought a new stake in shares of FactSet Research Systems in the 3rd quarter worth $205,000. Finally, Checchi Capital Advisers LLC bought a new stake in shares of FactSet Research Systems in the 4th quarter worth $205,000. 95.99% of the stock is owned by institutional investors and hedge funds.
In related news, VP Matthew J. Mcnulty sold 1,000 shares of FactSet Research Systems stock in a transaction on Friday, January 12th. The stock was sold at an average price of $198.00, for a total value of $198,000.00. Following the completion of the sale, the vice president now owns 2,848 shares of the company’s stock, valued at $563,904. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Matthew J. Mcnulty sold 1,400 shares of the business’s stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $192.70, for a total value of $269,780.00. The disclosure for this sale can be found here. Insiders sold 55,406 shares of company stock valued at $10,957,561 in the last ninety days. 2.70% of the stock is currently owned by corporate insiders.
Shares of FactSet Research Systems Inc. (FDS) opened at $214.58 on Friday. The company has a quick ratio of 2.64, a current ratio of 2.64 and a debt-to-equity ratio of 0.93. FactSet Research Systems Inc. has a fifty-two week low of $155.09 and a fifty-two week high of $215.61. The company has a market capitalization of $8,299.99, a price-to-earnings ratio of 27.99, a P/E/G ratio of 2.31 and a beta of 0.90.
FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.98 by $0.06. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The company had revenue of $329.10 million during the quarter, compared to analyst estimates of $330.49 million. During the same quarter in the previous year, the company posted $1.75 earnings per share. FactSet Research Systems’s revenue was up 14.2% compared to the same quarter last year. analysts forecast that FactSet Research Systems Inc. will post 8.37 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 20th. Investors of record on Wednesday, February 28th will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Tuesday, February 27th. FactSet Research Systems’s payout ratio is currently 33.79%.
FDS has been the subject of a number of research analyst reports. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $220.00 target price for the company in a report on Tuesday, November 28th. Morgan Stanley lifted their target price on FactSet Research Systems from $179.00 to $186.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 31st. Piper Jaffray Companies reissued a “hold” rating and issued a $199.00 target price on shares of FactSet Research Systems in a report on Thursday, December 21st. Wells Fargo set a $185.00 target price on FactSet Research Systems and gave the stock a “hold” rating in a report on Wednesday, December 20th. Finally, Oppenheimer reissued a “hold” rating on shares of FactSet Research Systems in a report on Tuesday, December 19th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $186.92.
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FactSet Research Systems Profile
Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.
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