Virtu Financial LLC Acquires Shares of 1,725 FactSet Research Systems Inc. (NYSE:FDS)

Virtu Financial LLC bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, Holdings Channel reports. The firm bought 1,725 shares of the business services provider’s stock, valued at approximately $828,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FDS. Brooklyn Investment Group bought a new stake in FactSet Research Systems during the 3rd quarter worth about $35,000. Allworth Financial LP lifted its position in shares of FactSet Research Systems by 19.1% during the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after purchasing an additional 22 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of FactSet Research Systems by 5,200.0% during the third quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock worth $79,000 after purchasing an additional 156 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of FactSet Research Systems by 19.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 33 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $102,000. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on FDS. Wells Fargo & Company lowered FactSet Research Systems from an “equal weight” rating to an “underweight” rating and decreased their price objective for the company from $450.00 to $402.00 in a research report on Friday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research report on Monday, March 10th. Stifel Nicolaus upped their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. Morgan Stanley reduced their target price on shares of FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a research note on Friday. Finally, BMO Capital Markets dropped their price target on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a research note on Monday. Five analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $436.27.

FactSet Research Systems Trading Down 0.1 %

FDS opened at $432.44 on Tuesday. The firm’s fifty day moving average is $455.05 and its two-hundred day moving average is $464.73. The firm has a market cap of $16.45 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. 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.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, topping analysts’ consensus estimates of $4.17 by $0.11. The company had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. FactSet Research Systems’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the firm posted $4.22 earnings per share. Equities research analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were given a dividend of $1.04 per share. The ex-dividend date was Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.96%. FactSet Research Systems’s dividend payout ratio is currently 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.