denkapparat Operations GmbH Acquires Shares of 552 FactSet Research Systems Inc. (NYSE:FDS)

denkapparat Operations GmbH bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, HoldingsChannel reports. The fund bought 552 shares of the business services provider’s stock, valued at approximately $265,000.

Other large investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in FactSet Research Systems in the 3rd quarter valued at $35,000. Allworth Financial LP boosted its position in shares of FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 22 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of FactSet Research Systems by 5,200.0% in the third quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock valued at $79,000 after purchasing an additional 156 shares during the period. Smartleaf Asset Management LLC increased its position in FactSet Research Systems by 19.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock worth $99,000 after purchasing an additional 33 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in FactSet Research Systems during the fourth quarter worth about $102,000. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Morgan Stanley cut their price target on shares of FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating for the company in a report on Friday, March 21st. Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Monday, March 10th. Wells Fargo & Company lowered FactSet Research Systems from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $450.00 to $402.00 in a research note on Friday, March 21st. BMO Capital Markets cut their price objective on FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a research report on Monday, March 24th. Finally, Stifel Nicolaus boosted 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. Five research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $436.27.

Insider Activity

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the firm’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now directly owns 44 shares in the company, valued at $19,084.12. This trade represents a 89.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.10% of the company’s stock.

FactSet Research Systems Trading Down 0.0 %

NYSE FDS opened at $449.16 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 firm has a market cap of $17.08 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 2.93 and a beta of 0.77. The firm has a 50 day simple moving average of $454.05 and a 200-day simple moving average of $464.71. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, topping the consensus estimate of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 million. During the same quarter in the previous year, the firm posted $4.22 earnings per share. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. Equities research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were given a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Friday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 29.59%.

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.