FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. decreased its position in FactSet Research Systems Inc. (NYSE:FDS) by 46.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,152 shares of the business services provider’s stock after selling 2,789 shares during the quarter. Achmea Investment Management B.V.’s holdings in FactSet Research Systems were worth $1,514,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Everence Capital Management Inc. bought a new stake in shares of FactSet Research Systems in the 4th quarter worth approximately $413,000. Geode Capital Management LLC lifted its holdings in shares of FactSet Research Systems by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after purchasing an additional 8,376 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of FactSet Research Systems by 52.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,171 shares of the business services provider’s stock worth $2,003,000 after purchasing an additional 1,436 shares during the last quarter. Natixis Advisors LLC lifted its holdings in shares of FactSet Research Systems by 1.1% in the 3rd quarter. Natixis Advisors LLC now owns 120,956 shares of the business services provider’s stock worth $55,621,000 after purchasing an additional 1,260 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings 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 worth $164,653,000 after purchasing an additional 59,173 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $436.64 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 current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average of $457.83 and a 200-day moving average of $463.53. The firm has a market cap of $16.61 billion, a price-to-earnings ratio of 31.30, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77.

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, beating the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company had revenue of $568.70 million during the quarter, compared to analyst estimates of $565.14 million. During the same quarter last year, the firm posted $4.12 EPS. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. Analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal 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 given a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $4.16 annualized dividend and a dividend yield of 0.95%. FactSet Research Systems’s dividend payout ratio (DPR) is 29.82%.

Analyst Upgrades and Downgrades

FDS has been the topic of several recent research reports. Morgan Stanley raised their price target on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a report on Thursday, December 12th. Wells Fargo & Company cut their target price on 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 target price 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 target price 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. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. Five investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $449.38.

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.