FactSet Research Systems Inc. (NYSE:FDS) Shares Purchased by Klein Pavlis & Peasley Financial Inc.

Klein Pavlis & Peasley Financial Inc. increased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.7% in the third quarter, HoldingsChannel reports. The firm owned 1,818 shares of the business services provider’s stock after acquiring an additional 48 shares during the quarter. Klein Pavlis & Peasley Financial Inc.’s holdings in FactSet Research Systems were worth $836,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. lifted its holdings in shares of FactSet Research Systems by 144.4% during the second quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock worth $27,000 after purchasing an additional 39 shares during the period. Crewe Advisors LLC lifted its holdings in shares of FactSet Research Systems by 750.0% during the second quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock worth $28,000 after purchasing an additional 60 shares during the period. Quest Partners LLC lifted its holdings in shares of FactSet Research Systems by 6,700.0% during the second quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock worth $28,000 after purchasing an additional 67 shares during the period. Gladius Capital Management LP acquired a new stake in shares of FactSet Research Systems during the second quarter worth about $33,000. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of FactSet Research Systems by 300.0% during the second quarter. SJS Investment Consulting Inc. now owns 88 shares of the business services provider’s stock worth $36,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FDS shares. UBS Group boosted their price target on FactSet Research Systems from $455.00 to $485.00 and gave the company a “neutral” rating in a report on Friday, September 20th. Stifel Nicolaus boosted their price target on FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a report on Friday, September 20th. Royal Bank of Canada boosted their price target on FactSet Research Systems from $464.00 to $503.00 and gave the company a “sector perform” rating in a report on Friday, September 20th. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and decreased their price target for the company from $420.00 to $380.00 in a report on Wednesday, October 9th. Finally, Evercore ISI started coverage on FactSet Research Systems in a research note on Wednesday, October 2nd. They set an “inline” rating and a $470.00 target price for the company. Five investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems currently has an average rating of “Hold” and an average target price of $443.57.

FactSet Research Systems Stock Down 0.4 %

Shares of FDS opened at $454.94 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.79 and a current ratio of 1.25. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $488.64. The stock has a market capitalization of $17.31 billion, a price-to-earnings ratio of 32.73, a PEG ratio of 3.08 and a beta of 0.75. The stock has a 50 day moving average price of $445.18 and a 200 day moving average price of $428.83.

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

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 30th were issued a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.91%. The ex-dividend date was Friday, August 30th. FactSet Research Systems’s payout ratio is currently 29.93%.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $412.75, for a total value of $1,238,250.00. Following the completion of the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,330,666.25. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction 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 completion of the transaction, the executive vice president now directly owns 23,515 shares in the company, valued at approximately $10,726,367.25. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $412.75, for a total value of $1,238,250.00. Following the transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $5,330,666.25. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,362 shares of company stock worth $12,688,945 in the last three months. 1.00% of the stock is owned by corporate insiders.

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.