Mount Yale Investment Advisors LLC Sells 107 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Mount Yale Investment Advisors LLC decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 6.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,550 shares of the business services provider’s stock after selling 107 shares during the period. Mount Yale Investment Advisors LLC’s holdings in FactSet Research Systems were worth $713,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FDS. Vanguard Group Inc. raised 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 purchasing an additional 11,974 shares during the period. Ninety One UK Ltd lifted its position in shares of FactSet Research Systems by 0.9% in the second quarter. Ninety One UK Ltd now owns 1,216,461 shares of the business services provider’s stock valued at $496,645,000 after acquiring an additional 10,928 shares in the last quarter. PineStone Asset Management Inc. boosted its stake in shares of FactSet Research Systems by 53.3% in the second quarter. PineStone Asset Management Inc. now owns 272,973 shares of the business services provider’s stock worth $111,447,000 after acquiring an additional 94,952 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of FactSet Research Systems by 3.9% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 264,481 shares of the business services provider’s stock worth $120,178,000 after purchasing an additional 9,925 shares in the last quarter. Finally, Tandem Investment Advisors Inc. raised its stake in FactSet Research Systems by 1.4% during the 2nd quarter. Tandem Investment Advisors Inc. now owns 250,028 shares of the business services provider’s stock valued at $102,079,000 after purchasing an additional 3,485 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Down 0.4 %

Shares of FDS stock opened at $454.94 on Friday. The company has a market cap of $17.31 billion, a PE ratio of 32.73, a price-to-earnings-growth ratio of 3.08 and a beta of 0.75. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.79. The stock’s 50 day simple moving average is $445.18 and its two-hundred day simple moving average is $428.83. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $488.64.

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

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Friday, August 30th were issued a dividend of $1.04 per share. The ex-dividend date of this dividend was Friday, August 30th. This represents a $4.16 annualized dividend and a yield of 0.91%. FactSet Research Systems’s payout ratio is 29.93%.

Analyst Ratings Changes

FDS has been the subject of several recent analyst reports. UBS Group upped their price target on FactSet Research Systems from $455.00 to $485.00 and gave the stock a “neutral” rating in a research note on Friday, September 20th. Royal Bank of Canada upped their target price on shares of FactSet Research Systems from $464.00 to $503.00 and gave the stock a “sector perform” rating in a research report on Friday, September 20th. Wells Fargo & Company lifted their price target on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday, September 20th. Stifel Nicolaus raised their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a research report on Friday, September 20th. Finally, Redburn Atlantic cut FactSet Research Systems from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $420.00 to $380.00 in a report on Wednesday, October 9th. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $443.57.

Insider Buying and Selling

In other FactSet Research Systems news, EVP Christopher R. Ellis sold 13,952 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the completion of the transaction, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, Director James J. Mcgonigle sold 5,410 shares of FactSet Research Systems stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.83, for a total transaction 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 trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Christopher R. Ellis sold 13,952 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the completion of the transaction, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,362 shares of company stock valued at $12,688,945 in the last ninety days. 1.00% of the stock is owned by company insiders.

FactSet Research Systems Company 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.