391 Shares in FactSet Research Systems Inc. (NYSE:FDS) Acquired by Curio Wealth LLC

Curio Wealth LLC purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 391 shares of the business services provider’s stock, valued at approximately $188,000.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of FactSet Research Systems in the 4th quarter valued at approximately $69,128,000. Wealthfront Advisers LLC boosted its stake in shares of FactSet Research Systems by 4,104.5% in the 4th quarter. Wealthfront Advisers LLC now owns 76,438 shares of the business services provider’s stock valued at $36,712,000 after purchasing an additional 74,620 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of FactSet Research Systems by 21.0% in the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock valued at $164,653,000 after purchasing an additional 59,173 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of FactSet Research Systems in the 4th quarter valued at approximately $26,338,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of FactSet Research Systems by 12.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock valued at $226,867,000 after purchasing an additional 52,741 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FDS shares. Wells Fargo & Company reduced their price target on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Friday, March 7th. Stifel Nicolaus lifted their price target on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. BMO Capital Markets cut their price target on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a research note on Monday, December 23rd. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research note on Monday, March 10th. Finally, Morgan Stanley lifted their price target on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a research note on Thursday, December 12th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $449.38.

FactSet Research Systems Stock Up 2.1 %

Shares of NYSE:FDS opened at $436.64 on Monday. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 31.30, a P/E/G ratio of 2.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The business’s 50-day moving average is $457.83 and its 200-day moving average is $464.25. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The company had revenue of $568.70 million for 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 firm’s revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business earned $4.12 EPS. Equities research analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be paid a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s dividend payout ratio is 29.82%.

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.