FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by American Capital Management Inc.

American Capital Management Inc. lessened its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 185,143 shares of the business services provider’s stock after selling 1,380 shares during the period. FactSet Research Systems accounts for approximately 2.8% of American Capital Management Inc.’s investment portfolio, making the stock its 12th biggest position. American Capital Management Inc. owned approximately 0.49% of FactSet Research Systems worth $85,138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FDS. Catalyst Capital Advisors LLC acquired a new position in shares of FactSet Research Systems during the third quarter valued at approximately $26,000. UMB Bank n.a. raised its stake in FactSet Research Systems by 144.4% in the 2nd quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 39 shares during the last quarter. Crewe Advisors LLC raised its stake in FactSet Research Systems by 750.0% in the 2nd quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 60 shares during the last quarter. Quest Partners LLC lifted its holdings in FactSet Research Systems by 6,700.0% in the 2nd quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. Finally, Gladius Capital Management LP acquired a new stake in FactSet Research Systems during the 2nd quarter worth $33,000. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Stock Up 0.5 %

Shares of FDS opened at $490.67 on Friday. The company’s 50-day moving average price is $469.38 and its 200 day moving average price is $437.45. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65. The firm has a market cap of $18.64 billion, a P/E ratio of 35.30, a price-to-earnings-growth ratio of 3.15 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12. The business had revenue of $562.20 million for the quarter, compared to the consensus estimate of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business’s revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.93 EPS. On average, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be given a dividend of $1.04 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $4.16 annualized dividend and a dividend yield of 0.85%. FactSet Research Systems’s dividend payout ratio is currently 29.93%.

Insider Activity

In related news, insider John Costigan sold 1,622 shares of FactSet Research Systems stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $481.00, for a total value of $780,182.00. Following the completion of the transaction, the insider now owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the sale, the executive vice president now owns 23,515 shares in the company, valued at approximately $10,726,367.25. This trade represents a 37.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,984 shares of company stock valued at $12,230,877. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FDS has been the subject of a number of recent research reports. Stifel Nicolaus raised their price target on shares of FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. UBS Group increased their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Evercore ISI initiated coverage on FactSet Research Systems in a report on Wednesday, October 2nd. They set an “inline” rating and a $470.00 target price on the stock. BMO Capital Markets increased their price target on FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a report on Friday, November 15th. Finally, Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $420.00 to $380.00 in a research report on Wednesday, October 9th. Five analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $450.00.

FactSet Research Systems Company 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.