Larson Financial Group LLC Purchases 86 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Larson Financial Group LLC lifted its position in FactSet Research Systems Inc. (NYSE:FDS) by 93.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178 shares of the business services provider’s stock after buying an additional 86 shares during the quarter. Larson Financial Group LLC’s holdings in FactSet Research Systems were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Morgan Stanley lifted its holdings in shares of FactSet Research Systems by 100.1% during the third quarter. Morgan Stanley now owns 1,396,225 shares of the business services provider’s stock worth $610,515,000 after buying an additional 698,611 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in FactSet Research Systems by 671.0% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 243,829 shares of the business services provider’s stock worth $106,617,000 after buying an additional 212,204 shares in the last quarter. International Assets Investment Management LLC bought a new stake in FactSet Research Systems in the 4th quarter valued at $45,288,000. JPMorgan Chase & Co. raised its stake in shares of FactSet Research Systems by 15.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 503,467 shares of the business services provider’s stock valued at $220,146,000 after buying an additional 66,986 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of FactSet Research Systems by 45.1% during the 3rd quarter. Nordea Investment Management AB now owns 185,103 shares of the business services provider’s stock worth $81,723,000 after acquiring an additional 57,502 shares during the period. 91.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

FDS has been the topic of a number of analyst reports. Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a research note on Friday, March 22nd. BMO Capital Markets upped their price objective on FactSet Research Systems from $447.00 to $458.00 and gave the company a “market perform” rating in a research note on Monday, March 25th. Wolfe Research began coverage on FactSet Research Systems in a report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 target price for the company. The Goldman Sachs Group boosted their price target on FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research note on Friday, March 22nd. Finally, Barclays reiterated an “equal weight” rating and issued a $460.00 price target (down from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $442.70.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS opened at $418.71 on Friday. The business has a fifty day moving average of $451.29 and a 200-day moving average of $455.19. 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 twelve month low of $380.96 and a twelve month high of $488.64. The firm has a market cap of $15.96 billion, a PE ratio of 33.15, a price-to-earnings-growth ratio of 2.60 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 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $545.95 million for the quarter, compared to analyst estimates of $547.93 million. On average, equities research analysts predict that FactSet Research Systems Inc. will post 15.83 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 21st. Investors of record on Thursday, February 29th were issued a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 31.04%.

Insider Buying and Selling

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $452.10, for a total value of $1,356,300.00. Following the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $5,838,871.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by corporate 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.