Stephens Inc. AR Cuts Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Stephens Inc. AR reduced its position in FactSet Research Systems Inc. (NYSE:FDS) by 1.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,705 shares of the business services provider’s stock after selling 153 shares during the quarter. Stephens Inc. AR’s holdings in FactSet Research Systems were worth $4,181,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of FDS. Raymond James Trust N.A. increased its holdings in FactSet Research Systems by 2.3% in the third quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock valued at $436,000 after buying an additional 21 shares in the last quarter. Mount Yale Investment Advisors LLC boosted its holdings in FactSet Research Systems by 1.4% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock valued at $755,000 after purchasing an additional 22 shares during the last quarter. Cerro Pacific Wealth Advisors LLC boosted its holdings in FactSet Research Systems by 1.4% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 25 shares during the last quarter. Andina Capital Management LLC raised its stake in shares of FactSet Research Systems by 3.8% in the 3rd quarter. Andina Capital Management LLC now owns 715 shares of the business services provider’s stock valued at $329,000 after acquiring an additional 26 shares during the period. Finally, Wilmington Savings Fund Society FSB increased its stake in FactSet Research Systems by 3.2% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 905 shares of the business services provider’s stock worth $434,000 after buying an additional 28 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FDS shares. Stifel Nicolaus increased their price objective on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a report on Friday, December 20th. Morgan Stanley raised their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. UBS Group raised their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Finally, BMO Capital Markets decreased 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. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $453.46.

FactSet Research Systems Trading Down 1.4 %

Shares of FactSet Research Systems stock opened at $460.07 on Tuesday. The company has a market cap of $17.50 billion, a price-to-earnings ratio of 32.98, a PEG ratio of 2.95 and a beta of 0.77. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The company’s fifty day simple moving average is $473.77 and its 200-day simple moving average is $457.06. 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 (NYSE:FDS) last released its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. During the same period in the previous year, the business posted $4.12 earnings per share. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. As a group, sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.90%. FactSet Research Systems’s payout ratio is currently 29.82%.

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.