Shepherd Financial Partners LLC Has $386,000 Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Shepherd Financial Partners LLC trimmed its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 8.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 804 shares of the business services provider’s stock after selling 73 shares during the quarter. Shepherd Financial Partners LLC’s holdings in FactSet Research Systems were worth $386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of FDS. State Street Corp boosted its stake in shares of FactSet Research Systems by 2.2% during the 3rd quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock worth $888,603,000 after acquiring an additional 42,303 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of FactSet Research Systems by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after buying an additional 8,376 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. Charles Schwab Investment Management Inc. raised its holdings in FactSet Research Systems by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 373,386 shares of the business services provider’s stock worth $171,702,000 after acquiring an additional 4,113 shares during the period. Finally, Nordea Investment Management AB lifted its position in 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 acquiring an additional 59,173 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

Insider Buying and Selling at FactSet Research Systems

In related news, insider John Costigan sold 1,622 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FDS shares. Morgan Stanley raised their price target on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research report on Thursday, December 12th. Stifel Nicolaus increased their price objective 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 target price on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research report on Monday, December 23rd. UBS Group increased their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, December 20th. Five research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $453.46.

FactSet Research Systems Stock Down 0.5 %

Shares of NYSE:FDS opened at $467.10 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market capitalization of $17.76 billion, a PE ratio of 33.48, a P/E/G ratio of 2.98 and a beta of 0.77. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The company’s fifty day moving average is $474.36 and its 200-day moving average is $456.06.

FactSet Research Systems (NYSE:FDS) last announced 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. The company had revenue of $568.70 million during the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company posted $4.12 earnings per share. Equities research analysts predict 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 disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be issued a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.89%. FactSet Research Systems’s dividend payout ratio is currently 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.