BI Asset Management Fondsmaeglerselskab A S Buys 117 Shares of FactSet Research Systems Inc. (NYSE:FDS)

BI Asset Management Fondsmaeglerselskab A S increased its stake in FactSet Research Systems Inc. (NYSE:FDS) by 10.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,282 shares of the business services provider’s stock after purchasing an additional 117 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in FactSet Research Systems were worth $612,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FDS. Criterion Capital Advisors LLC acquired a new stake in shares of FactSet Research Systems in the 4th quarter valued at $30,000. Larson Financial Group LLC increased its position in FactSet Research Systems by 820.0% in the third quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock worth $40,000 after purchasing an additional 82 shares during the period. Desjardins Global Asset Management Inc. raised its holdings in FactSet Research Systems by 69.4% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock worth $40,000 after purchasing an additional 34 shares during the last quarter. Smithfield Trust Co boosted its stake in shares of FactSet Research Systems by 51.6% in the 4th quarter. Smithfield Trust Co now owns 94 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 32 shares during the last quarter. Finally, Milestone Investment Advisors LLC bought a new position in shares of FactSet Research Systems in the 3rd quarter valued at about $46,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Buying and Selling

In related news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $415.26, for a total transaction of $1,245,780.00. Following the completion of the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,363,082.90. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other FactSet Research Systems news, EVP Robert J. Robie sold 4,336 shares of FactSet Research Systems stock in a transaction on Monday, May 6th. The shares were sold at an average price of $431.48, for a total value of $1,870,897.28. Following the sale, the executive vice president now directly owns 1,485 shares in the company, valued at approximately $640,747.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $415.26, for a total transaction of $1,245,780.00. Following the transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $5,363,082.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,987 shares of company stock valued at $9,083,347. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on FDS. Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. The Goldman Sachs Group increased their price target on FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research note on Friday, March 22nd. Stifel Nicolaus reaffirmed a “hold” rating and set a $469.00 price objective on shares of FactSet Research Systems in a research note on Friday, March 22nd. Barclays reissued an “equal weight” rating and issued a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Finally, BMO Capital Markets raised their target price on FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a report on Monday, March 25th. Three analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $443.56.

FactSet Research Systems Stock Down 2.6 %

Shares of FactSet Research Systems stock opened at $436.36 on Friday. FactSet Research Systems Inc. has a 1 year low of $380.96 and a 1 year high of $488.64. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79. The company has a market capitalization of $16.63 billion, a P/E ratio of 34.55, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73. The business has a 50-day moving average of $439.60 and a two-hundred day moving average of $454.77.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The firm had revenue of $545.95 million for the quarter, compared to the consensus estimate of $547.93 million. As a group, equities analysts predict that FactSet Research Systems Inc. will post 15.82 EPS for the current year.

FactSet Research Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Friday, May 31st will be given a $1.04 dividend. This is a boost from FactSet Research Systems’s previous quarterly dividend of $0.98. This represents a $4.16 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, May 31st. FactSet Research Systems’s payout ratio is currently 31.04%.

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.