FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. boosted its position in FactSet Research Systems Inc. (NYSE:FDS) by 3.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 19,562 shares of the business services provider’s stock after acquiring an additional 718 shares during the quarter. Whittier Trust Co.’s holdings in FactSet Research Systems were worth $9,395,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in FDS. State Street Corp lifted its holdings in shares of FactSet Research Systems by 2.2% in the 3rd quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock valued at $888,603,000 after buying an additional 42,303 shares during the period. Geode Capital Management LLC raised its position in FactSet Research Systems by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after acquiring an additional 8,376 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in FactSet Research Systems by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock valued at $226,867,000 after acquiring an additional 52,741 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of FactSet Research Systems by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 382,434 shares of the business services provider’s stock worth $183,675,000 after purchasing an additional 9,048 shares during the period. Finally, Nordea Investment Management AB grew its stake in shares of FactSet Research Systems by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock worth $164,653,000 after purchasing an additional 59,173 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Down 1.5 %

Shares of NYSE FDS opened at $431.75 on Friday. The firm has a market cap of $16.42 billion, a P/E ratio of 30.95, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77. 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 Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The firm’s 50 day moving average price is $455.91 and its 200 day moving average price is $464.12.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.17 by $0.11. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business had revenue of $570.70 million during the quarter, compared to the consensus estimate of $570.65 million. During the same quarter in the previous year, the business earned $4.22 earnings per share. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. As a group, sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a $1.04 dividend. The ex-dividend date of this dividend 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 presently 29.82%.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a report on Monday, March 10th. BMO Capital Markets decreased 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. Stifel Nicolaus raised their price objective 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. Wells Fargo & Company lowered their target price on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Friday, March 7th. Finally, Morgan Stanley boosted their price objective on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the company. Based on data from MarketBeat.com, FactSet Research Systems has an average rating of “Hold” and an average price target of $449.38.

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.