Aster Capital Management DIFC Ltd Purchases Shares of 776 FactSet Research Systems Inc. (NYSE:FDS)

Aster Capital Management DIFC Ltd acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 776 shares of the business services provider’s stock, valued at approximately $373,000.

Several other large investors also recently made changes to their positions in FDS. State Street Corp raised its position in FactSet Research Systems by 2.2% during the third quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock worth $888,603,000 after acquiring an additional 42,303 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of FactSet Research Systems by 9.4% during the 4th quarter. Geode Capital Management LLC now owns 1,096,592 shares of the business services provider’s stock worth $527,411,000 after purchasing an additional 94,668 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of FactSet Research Systems by 3.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 505,587 shares of the business services provider’s stock valued at $240,184,000 after purchasing an additional 16,522 shares during the period. JPMorgan Chase & Co. lifted its stake in FactSet Research Systems by 1.6% in the 4th quarter. JPMorgan Chase & Co. now owns 501,068 shares of the business services provider’s stock valued at $240,653,000 after purchasing an additional 7,718 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in FactSet Research Systems by 2.4% during the fourth 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. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Down 5.0 %

Shares of FDS opened at $415.36 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 capitalization of $15.80 billion, a PE ratio of 29.77, a P/E/G ratio of 2.93 and a beta of 0.82. The firm’s 50 day moving average is $451.88 and its 200-day moving average is $464.94. 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 announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, beating the consensus estimate of $4.17 by $0.11. The firm had revenue of $570.70 million during the quarter, compared to analysts’ expectations of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.22 EPS. Equities research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors 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 yield of 1.00%. FactSet Research Systems’s dividend payout ratio is 29.59%.

Insiders Place Their Bets

In related news, CAO Gregory T. Moskoff sold 363 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $433.73, for a total transaction of $157,443.99. Following the sale, the chief accounting officer now owns 44 shares in the company, valued at approximately $19,084.12. This trade represents a 89.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on FDS. UBS Group cut their price objective on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating for the company in a research report on Friday, March 21st. Wells Fargo & Company cut shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $450.00 to $402.00 in a research report on Friday, March 21st. Stifel Nicolaus increased their price objective 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. BMO Capital Markets cut their target price 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, March 24th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a research note on Monday, March 10th. Five analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $436.27.

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.