JGP Wealth Management LLC Has $10.55 Million Holdings in FactSet Research Systems Inc. (NYSE:FDS)

JGP Wealth Management LLC grew its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 22,124 shares of the business services provider’s stock after purchasing an additional 67 shares during the period. FactSet Research Systems makes up about 1.6% of JGP Wealth Management LLC’s holdings, making the stock its 27th biggest holding. JGP Wealth Management LLC’s holdings in FactSet Research Systems were worth $10,554,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC bought a new position in shares of FactSet Research Systems during the fourth quarter worth about $69,000. BKM Wealth Management LLC acquired a new stake in shares of FactSet Research Systems during the 4th quarter worth approximately $1,204,000. Gateway Investment Advisers LLC boosted its stake in FactSet Research Systems by 1.9% during the fourth quarter. Gateway Investment Advisers LLC now owns 16,777 shares of the business services provider’s stock worth $8,003,000 after acquiring an additional 309 shares in the last quarter. Bath Savings Trust Co raised its holdings in shares of FactSet Research Systems by 1.1% during the fourth quarter. Bath Savings Trust Co now owns 31,173 shares of the business services provider’s stock valued at $14,871,000 after purchasing an additional 346 shares during the period. Finally, Diversified Trust Co boosted its position in shares of FactSet Research Systems by 24.8% during the 4th quarter. Diversified Trust Co now owns 3,228 shares of the business services provider’s stock worth $1,540,000 after purchasing an additional 642 shares in the last quarter. 89.50% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock traded up $2.10 during trading hours on Monday, hitting $478.06. 222,945 shares of the company’s stock traded hands, compared to its average volume of 203,905. The company has a fifty day simple moving average of $467.96 and a 200-day simple moving average of $454.09. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.68 and a quick ratio of 1.68. The stock has a market capitalization of $18.21 billion, a price-to-earnings ratio of 38.88, a PEG ratio of 2.91 and a beta of 0.73. FactSet Research Systems Inc. has a 12-month low of $377.89 and a 12-month high of $487.79.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, December 19th. The business services provider reported $4.12 EPS for the quarter, beating the consensus estimate of $4.10 by $0.02. The business had revenue of $542.20 million for the quarter, compared to the consensus estimate of $540.34 million. FactSet Research Systems had a net margin of 22.60% and a return on equity of 34.47%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.99 earnings per share. Equities research analysts anticipate that FactSet Research Systems Inc. will post 15.76 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Thursday, February 29th will be paid a dividend of $0.98 per share. This represents a $3.92 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio is 31.72%.

Analyst Ratings Changes

FDS has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $480.00 price target (up from $471.00) on shares of FactSet Research Systems in a research note on Friday, December 8th. Royal Bank of Canada reissued a “sector perform” rating and set a $464.00 target price on shares of FactSet Research Systems in a research report on Wednesday, December 20th. Stifel Nicolaus raised their price target on shares of FactSet Research Systems from $436.00 to $469.00 and gave the company a “hold” rating in a research report on Wednesday, December 20th. Finally, BMO Capital Markets increased their price objective on FactSet Research Systems from $436.00 to $447.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 20th. Two research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $434.25.

Insiders Place Their Bets

In related news, EVP Christopher R. Ellis sold 9,291 shares of the firm’s stock in a transaction that occurred on Wednesday, December 20th. The shares were sold at an average price of $450.76, for a total value of $4,188,011.16. Following the sale, the executive vice president now directly owns 23,433 shares of the company’s stock, valued at $10,562,659.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, EVP Christopher R. Ellis sold 9,291 shares of the stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $450.76, for a total value of $4,188,011.16. Following the transaction, the executive vice president now owns 23,433 shares of the company’s stock, valued at $10,562,659.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Laurie Siegel sold 1,500 shares of the firm’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $475.84, for a total value of $713,760.00. Following the transaction, the director now directly owns 595 shares in the company, valued at $283,124.80. The disclosure for this sale can be found here. Insiders have sold 14,805 shares of company stock worth $6,805,651 in the last ninety days. 1.00% of the stock is currently owned by 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.