FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Eukles Asset Management

Eukles Asset Management decreased its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 1.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,824 shares of the business services provider’s stock after selling 99 shares during the quarter. FactSet Research Systems accounts for about 1.6% of Eukles Asset Management’s holdings, making the stock its 20th largest holding. Eukles Asset Management’s holdings in FactSet Research Systems were worth $3,758,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of FDS. Catalyst Capital Advisors LLC purchased a new stake in shares of FactSet Research Systems in the third quarter valued at approximately $26,000. Capital Performance Advisors LLP purchased a new stake in FactSet Research Systems in the 3rd quarter worth $34,000. Brooklyn Investment Group acquired a new position in FactSet Research Systems during the third quarter worth $35,000. Exchange Traded Concepts LLC raised 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 worth $69,000 after acquiring an additional 128 shares during the period. Finally, Coastline Trust Co purchased a new position in FactSet Research Systems during the third quarter valued at $78,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research note on Friday, December 20th. UBS Group increased their target price on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Stifel Nicolaus lifted their price target 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. BMO Capital Markets dropped their price target on 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. Finally, Morgan Stanley raised their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. Five research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $453.46.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $467.10 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a market cap of $17.76 billion, a P/E ratio of 33.48, a PEG ratio of 2.95 and a beta of 0.77. The company has a 50-day moving average price of $474.36 and a 200 day moving average price of $456.72. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $4.25 by $0.12. The firm had revenue of $568.70 million for the quarter, compared to analyst estimates of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.12 EPS. Sell-side analysts anticipate 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 declared 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 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

About FactSet Research Systems

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.