Lindenwold Advisors INC Sells 43 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Lindenwold Advisors INC decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,062 shares of the business services provider’s stock after selling 43 shares during the period. Lindenwold Advisors INC’s holdings in FactSet Research Systems were worth $510,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of FactSet Research Systems during the 4th quarter valued at $69,128,000. Wealthfront Advisers LLC increased its position in FactSet Research Systems by 4,104.5% during the 4th quarter. Wealthfront Advisers LLC now owns 76,438 shares of the business services provider’s stock valued at $36,712,000 after buying an additional 74,620 shares in the last quarter. Nordea Investment Management AB raised its stake in FactSet Research Systems by 21.0% in the fourth quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock valued at $164,653,000 after buying an additional 59,173 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in FactSet Research Systems in the fourth quarter valued at about $26,338,000. Finally, JPMorgan Chase & Co. boosted its holdings in FactSet Research Systems by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock worth $226,867,000 after acquiring an additional 52,741 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Stock Down 0.0 %

FactSet Research Systems stock opened at $439.59 on Wednesday. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The firm has a market cap of $16.72 billion, a price-to-earnings ratio of 31.51, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. The business’s 50-day moving average price is $456.86 and its 200 day moving average price is $464.53. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. During the same period in the prior year, the company posted $4.12 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared 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. This represents a $4.16 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s payout ratio is presently 29.82%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a report on Friday, December 20th. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research note on Monday, March 10th. Morgan Stanley raised their price target on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a report on Thursday, December 12th. Wells Fargo & Company dropped their price objective on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Friday, March 7th. Finally, BMO Capital Markets reduced their target price on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $449.38.

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.