Cordatus Wealth Management LLC Has $2.02 Million Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Cordatus Wealth Management LLC lifted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,196 shares of the business services provider’s stock after acquiring an additional 34 shares during the quarter. Cordatus Wealth Management LLC’s holdings in FactSet Research Systems were worth $2,015,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FDS. Catalyst Capital Advisors LLC acquired a new stake in shares of FactSet Research Systems in the third quarter worth $26,000. Capital Performance Advisors LLP acquired a new stake in FactSet Research Systems during the third quarter valued at $34,000. Brooklyn Investment Group acquired a new stake in FactSet Research Systems during the third quarter valued at $35,000. Allworth Financial LP boosted its position in FactSet Research Systems by 19.1% during the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 22 shares during the last quarter. Finally, Exchange Traded Concepts LLC boosted its position in FactSet Research Systems by 581.8% during the third quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock valued at $69,000 after purchasing an additional 128 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

NYSE FDS opened at $466.39 on Friday. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market capitalization of $17.74 billion, a PE ratio of 33.43, a P/E/G ratio of 2.93 and a beta of 0.77. The stock has a 50-day simple moving average of $469.87 and a 200 day simple moving average of $459.00.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. During the same quarter in the previous year, the firm earned $4.12 EPS. The firm’s revenue was up 4.9% compared to the same quarter last year. Research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be given a dividend of $1.04 per share. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.89%. FactSet Research Systems’s dividend payout ratio is presently 29.82%.

Analyst Upgrades and Downgrades

FDS has been the subject of a number of research reports. Stifel Nicolaus lifted their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. Wells Fargo & Company reduced their price objective on FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Morgan Stanley lifted their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research report on Thursday, December 12th. UBS Group lifted their price objective on 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 reaffirmed a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, December 20th. Five equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $453.23.

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.