FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 24.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,609 shares of the business services provider’s stock after buying an additional 516 shares during the period. Integrated Investment Consultants LLC’s holdings in FactSet Research Systems were worth $1,200,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of FDS. Toronto Dominion Bank lifted its holdings in shares of FactSet Research Systems by 2.2% during the 1st quarter. Toronto Dominion Bank now owns 22,083 shares of the business services provider’s stock worth $10,034,000 after acquiring an additional 479 shares during the period. Guardian Capital LP grew its stake in FactSet Research Systems by 3.7% during the 1st quarter. Guardian Capital LP now owns 1,491 shares of the business services provider’s stock worth $677,000 after buying an additional 53 shares during the last quarter. Gabelli Funds LLC raised its holdings in shares of FactSet Research Systems by 16.7% during the first quarter. Gabelli Funds LLC now owns 700 shares of the business services provider’s stock valued at $318,000 after buying an additional 100 shares during the last quarter. Kennedy Capital Management LLC raised its stake in FactSet Research Systems by 10.8% during the 1st quarter. Kennedy Capital Management LLC now owns 26,856 shares of the business services provider’s stock valued at $12,203,000 after acquiring an additional 2,622 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in FactSet Research Systems by 53.1% in the first quarter. B. Riley Wealth Advisors Inc. now owns 744 shares of the business services provider’s stock worth $325,000 after purchasing an additional 258 shares during the period. 91.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the transaction, the insider now directly owns 299 shares of the company’s stock, valued at approximately $143,819. This trade represents a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Christopher R. Ellis sold 13,952 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the completion of the sale, the executive vice president now directly owns 23,515 shares of the company’s stock, valued at $10,726,367.25. This trade represents a 37.24 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,984 shares of company stock worth $12,230,877. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

FDS has been the topic of a number of analyst reports. UBS Group lifted their price target on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Evercore ISI began coverage on shares of FactSet Research Systems in a research note on Wednesday, October 2nd. They set an “inline” rating and a $470.00 price target for the company. Redburn Atlantic lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. BMO Capital Markets lifted their target price on FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a research note on Friday, November 15th. Finally, Wells Fargo & Company raised their target price on FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a report on Friday, September 20th. Five analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $450.00.

FactSet Research Systems Price Performance

FDS stock opened at $485.51 on Friday. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.25. The stock has a market cap of $18.44 billion, a price-to-earnings ratio of 34.93, a P/E/G ratio of 3.09 and a beta of 0.75. The company has a 50 day simple moving average of $465.20 and a 200 day simple moving average of $435.23.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, topping the consensus estimate of $3.62 by $0.12. The company had revenue of $562.20 million during the quarter, compared to the consensus estimate of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The company’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.93 EPS. Research analysts anticipate that FactSet Research Systems Inc. will post 17.2 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be paid a $1.04 dividend. The ex-dividend date is Friday, November 29th. This represents a $4.16 annualized dividend and a yield of 0.86%. FactSet Research Systems’s dividend payout ratio (DPR) is 29.93%.

FactSet Research Systems 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.