Running Oak Capital LLC Increases Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Running Oak Capital LLC increased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 4.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,910 shares of the business services provider’s stock after acquiring an additional 1,353 shares during the quarter. FactSet Research Systems makes up about 1.9% of Running Oak Capital LLC’s portfolio, making the stock its 17th biggest holding. Running Oak Capital LLC owned 0.08% of FactSet Research Systems worth $14,365,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Cerro Pacific Wealth Advisors LLC boosted its stake in shares of FactSet Research Systems by 1.4% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock worth $809,000 after acquiring an additional 25 shares during the last quarter. Apeiron RIA LLC increased its position in FactSet Research Systems by 6.6% during the fourth quarter. Apeiron RIA LLC now owns 886 shares of the business services provider’s stock worth $426,000 after purchasing an additional 55 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in FactSet Research Systems by 1.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 37,160 shares of the business services provider’s stock worth $17,847,000 after purchasing an additional 377 shares during the period. Dakota Wealth Management boosted its holdings in FactSet Research Systems by 15.0% in the 4th quarter. Dakota Wealth Management now owns 2,498 shares of the business services provider’s stock valued at $1,200,000 after purchasing an additional 326 shares during the last quarter. Finally, Mitchell & Pahl Private Wealth LLC grew its stake in shares of FactSet Research Systems by 5.3% in the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 1,960 shares of the business services provider’s stock valued at $941,000 after buying an additional 99 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Trading Up 0.5 %

FDS opened at $466.63 on Friday. The business has a fifty day moving average price of $477.77 and a 200 day moving average price of $453.08. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87. The stock has a market capitalization of $17.75 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 2.92 and a beta of 0.76.

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, topping analysts’ consensus estimates of $4.25 by $0.12. The business had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the previous year, the company posted $4.12 earnings per share. Sell-side analysts expect that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were given a dividend of $1.04 per share. The ex-dividend date was Friday, November 29th. This represents a $4.16 annualized dividend and a dividend yield of 0.89%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 29.82%.

Insider Buying and Selling

In related news, insider John Costigan sold 1,622 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the sale, the insider now owns 299 shares in the company, valued at $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

FDS has been the subject of several recent analyst reports. Stifel Nicolaus raised their target price on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. Evercore ISI assumed coverage on FactSet Research Systems in a research report on Wednesday, October 2nd. They set an “inline” rating and a $470.00 price objective for the company. Morgan Stanley increased their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research note on Thursday, December 12th. UBS Group lifted their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a report on Friday, December 20th. Five research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $453.46.

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.