FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Atria Investments Inc

Atria Investments Inc lowered its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,642 shares of the business services provider’s stock after selling 79 shares during the quarter. Atria Investments Inc’s holdings in FactSet Research Systems were worth $7,512,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of FactSet Research Systems by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 382,434 shares of the business services provider’s stock valued at $183,675,000 after acquiring an additional 9,048 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $102,000. Jones Financial Companies Lllp grew its position in shares of FactSet Research Systems by 19.9% in the fourth quarter. Jones Financial Companies Lllp now owns 1,636 shares of the business services provider’s stock valued at $786,000 after purchasing an additional 272 shares in the last quarter. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $351,000. Finally, Smartleaf Asset Management LLC grew its position in shares of FactSet Research Systems by 19.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Down 0.8 %

Shares of NYSE FDS opened at $441.90 on Friday. The stock has a market cap of $16.81 billion, a P/E ratio of 31.68, a PEG ratio of 2.93 and a beta of 0.77. 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 12-month low of $391.84 and a 12-month high of $499.87. The business’s fifty day simple moving average is $464.28 and its 200-day simple moving average is $462.68.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.25 by $0.12. The business had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the firm earned $4.12 earnings per share. As a group, equities analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s dividend payout ratio is presently 29.82%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on FDS. Stifel Nicolaus upped their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. BMO Capital Markets dropped their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research report on Friday, December 20th. Wells Fargo & Company lowered their price objective on FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Finally, UBS Group increased their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $453.23.

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.