Aurora Investment Managers LLC. Sells 113 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Aurora Investment Managers LLC. lowered its position in FactSet Research Systems Inc. (NYSE:FDS) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,892 shares of the business services provider’s stock after selling 113 shares during the period. Aurora Investment Managers LLC.’s holdings in FactSet Research Systems were worth $1,869,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Catalyst Capital Advisors LLC bought a new stake in shares of FactSet Research Systems in the third quarter worth about $26,000. Capital Performance Advisors LLP acquired a new position in shares of FactSet Research Systems in the 3rd quarter valued at approximately $34,000. Brooklyn Investment Group acquired a new position in shares of FactSet Research Systems in the 3rd quarter valued at approximately $35,000. Federated Hermes Inc. acquired a new stake in FactSet Research Systems during the 2nd quarter worth approximately $52,000. Finally, Exchange Traded Concepts LLC lifted its stake in FactSet Research Systems by 581.8% in the third quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock valued at $69,000 after buying an additional 128 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Activity

In other news, insider John Costigan sold 1,622 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $481.00, for a total value of $780,182.00. Following the transaction, the insider now directly owns 299 shares of the company’s stock, valued at $143,819. This represents a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FDS shares. BMO Capital Markets lowered their price objective on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. Evercore ISI initiated coverage on FactSet Research Systems in a research note on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price target on the stock. UBS Group upped their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Redburn Atlantic lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and dropped their target price for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Finally, 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 note on Friday, December 20th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $453.46.

FactSet Research Systems Price Performance

NYSE:FDS opened at $462.64 on Tuesday. The stock has a market capitalization of $17.59 billion, a PE ratio of 33.16, a P/E/G ratio of 2.85 and a beta of 0.76. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87. The firm has a fifty day simple moving average of $479.64 and a 200 day simple moving average of $452.28. The company has a current ratio of 1.39, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The company had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $4.12 EPS. On average, research analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were paid a $1.04 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $4.16 annualized dividend and a yield of 0.90%. FactSet Research Systems’s dividend payout ratio is 29.82%.

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.