Duality Advisers LP Purchases Shares of 1,710 FactSet Research Systems Inc. (NYSE:FDS)

Duality Advisers LP purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 1,710 shares of the business services provider’s stock, valued at approximately $816,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FDS. AE Wealth Management LLC boosted its position in FactSet Research Systems by 2.3% in the third quarter. AE Wealth Management LLC now owns 3,620 shares of the business services provider’s stock valued at $1,583,000 after buying an additional 82 shares in the last quarter. IFP Advisors Inc boosted its position in FactSet Research Systems by 71.4% in the third quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock valued at $37,000 after buying an additional 35 shares in the last quarter. Global Retirement Partners LLC boosted its position in FactSet Research Systems by 28.8% in the third quarter. Global Retirement Partners LLC now owns 103 shares of the business services provider’s stock valued at $46,000 after buying an additional 23 shares in the last quarter. HB Wealth Management LLC acquired a new position in FactSet Research Systems in the third quarter valued at about $217,000. Finally, SG Americas Securities LLC lifted its position in shares of FactSet Research Systems by 133.2% during the third quarter. SG Americas Securities LLC now owns 659 shares of the business services provider’s stock worth $288,000 after purchasing an additional 2,646 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FDS has been the topic of a number of research reports. Oppenheimer reiterated a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. The Goldman Sachs Group increased their price objective on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Wolfe Research began coverage on shares of FactSet Research Systems in a report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 price objective on the stock. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $464.00 price objective on shares of FactSet Research Systems in a report on Friday, March 22nd. Three analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Hold” and a consensus price target of $442.70.

FactSet Research Systems Stock Up 0.7 %

Shares of NYSE:FDS opened at $422.83 on Thursday. The company has a 50 day moving average price of $452.19 and a two-hundred day moving average price of $455.44. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. FactSet Research Systems Inc. has a 52 week low of $380.96 and a 52 week high of $488.64. The company has a market capitalization of $16.12 billion, a PE ratio of 33.48, a PEG ratio of 2.58 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The company had revenue of $545.95 million during the quarter, compared to the consensus estimate of $547.93 million. Analysts forecast that FactSet Research Systems Inc. will post 15.83 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, February 29th were given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 31.04%.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $476.02, for a total value of $1,428,060.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares in the company, valued at $6,147,798.30. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.00% of the stock is owned by insiders.

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.