488 Shares in FactSet Research Systems Inc. (NYSE:FDS) Bought by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC purchased a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 488 shares of the business services provider’s stock, valued at approximately $234,000.

Other large investors have also added to or reduced their stakes in the company. Mount Yale Investment Advisors LLC boosted its holdings in shares of FactSet Research Systems by 1.4% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock worth $755,000 after purchasing an additional 22 shares during the period. Allworth Financial LP lifted its holdings in FactSet Research Systems by 19.1% in the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after buying an additional 22 shares during the period. Private Trust Co. NA grew its position in shares of FactSet Research Systems by 8.2% in the 4th quarter. Private Trust Co. NA now owns 291 shares of the business services provider’s stock worth $140,000 after buying an additional 22 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in FactSet Research Systems by 2.0% in the fourth quarter. Avantax Advisory Services Inc. now owns 1,214 shares of the business services provider’s stock worth $583,000 after acquiring an additional 24 shares during the period. Finally, Cerro Pacific Wealth Advisors LLC lifted its stake in shares of FactSet Research Systems by 1.4% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 25 shares during the period. Institutional investors own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on FDS shares. UBS Group cut their target price on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a research note on Friday, March 21st. Wells Fargo & Company lowered shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $450.00 to $402.00 in a report on Friday, March 21st. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Monday, March 10th. Morgan Stanley dropped their price objective on shares of FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating for the company in a research note on Friday, March 21st. Finally, BMO Capital Markets decreased their target price on FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a research report on Monday, March 24th. Four analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems presently has an average rating of “Hold” and an average price target of $436.90.

FactSet Research Systems Stock Up 1.3 %

Shares of FDS opened at $454.21 on Friday. The company’s 50-day moving average price is $432.58 and its 200 day moving average price is $458.37. The firm has a market cap of $17.24 billion, a P/E ratio of 32.56, a price-to-earnings-growth ratio of 2.93 and a beta of 0.88. FactSet Research Systems Inc. has a 12-month low of $391.69 and a 12-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.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, March 20th. The business services provider reported $4.28 earnings per share for the quarter, topping the consensus estimate of $4.17 by $0.11. The business had revenue of $570.70 million for the quarter, compared to analyst estimates of $570.65 million. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the company earned $4.22 EPS. On average, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Friday, May 30th will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 0.97%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.04. The ex-dividend date is Friday, May 30th. FactSet Research Systems’s dividend payout ratio (DPR) is 31.29%.

Insider Buying and Selling

In other FactSet Research Systems news, CAO Gregory T. Moskoff sold 363 shares of the firm’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $433.73, for a total transaction of $157,443.99. Following the transaction, the chief accounting officer now owns 44 shares of the company’s stock, valued at approximately $19,084.12. This trade represents a 89.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.10% of the stock is owned by company insiders.

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.