Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Takes Position in FactSet Research Systems Inc. (NYSE:FDS)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group acquired a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 2,358 shares of the business services provider’s stock, valued at approximately $1,072,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FDS. GAMMA Investing LLC lifted its stake in FactSet Research Systems by 40,436.2% during the 1st quarter. GAMMA Investing LLC now owns 430,089 shares of the business services provider’s stock worth $195,536,000 after acquiring an additional 429,028 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of FactSet Research Systems in the 4th quarter valued at about $66,368,000. Vest Financial LLC acquired a new stake in shares of FactSet Research Systems in the 1st quarter valued at about $52,445,000. Geode Capital Management LLC lifted its position in 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 acquiring an additional 94,668 shares during the period. Finally, Meridiem Capital Partners LP purchased a new position in FactSet Research Systems in the 4th quarter valued at approximately $41,241,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. BMO Capital Markets lifted their price objective on FactSet Research Systems from $448.00 to $452.00 and gave the company a “market perform” rating in a research report on Friday, June 20th. UBS Group reiterated a “neutral” rating on shares of FactSet Research Systems in a research report on Friday, June 20th. Wells Fargo & Company increased their price objective on FactSet Research Systems from $402.00 to $405.00 and gave the company an “underweight” rating in a research report on Friday, June 20th. Evercore ISI cut their price objective on FactSet Research Systems from $470.00 to $448.00 and set an “in-line” rating for the company in a report on Monday, June 16th. Finally, Morgan Stanley increased their target price on shares of FactSet Research Systems from $390.00 to $393.00 and gave the stock an “underweight” rating in a research report on Friday, June 20th. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $444.25.

Insider Activity

In other FactSet Research Systems news, Director James J. Mcgonigle sold 2,925 shares of the firm’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $451.39, for a total transaction of $1,320,315.75. Following the transaction, the director owned 4,461 shares of the company’s stock, valued at approximately $2,013,650.79. This trade represents a 39.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Gregory T. Moskoff sold 2,500 shares of FactSet Research Systems stock in a transaction that occurred on Wednesday, July 9th. The stock was sold at an average price of $442.60, for a total transaction of $1,106,500.00. Following the completion of the transaction, the chief accounting officer directly owned 44 shares in the company, valued at approximately $19,474.40. The trade was a 98.27% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,031 shares of company stock valued at $5,825,481. 1.10% of the stock is currently owned by company insiders.

FactSet Research Systems Stock Performance

FDS traded up $1.51 on Friday, hitting $438.08. The company’s stock had a trading volume of 12,187 shares, compared to its average volume of 317,503. The company’s 50 day simple moving average is $445.15 and its 200-day simple moving average is $446.49. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.66. FactSet Research Systems Inc. has a 12 month low of $391.69 and a 12 month high of $499.87. The firm has a market cap of $16.56 billion, a P/E ratio of 31.65, a price-to-earnings-growth ratio of 2.85 and a beta of 0.84.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Monday, June 23rd. The business services provider reported $4.27 earnings per share for the quarter, missing analysts’ consensus estimates of $4.30 by ($0.03). FactSet Research Systems had a net margin of 23.30% and a return on equity of 31.59%. The company had revenue of $585.52 million for the quarter, compared to the consensus estimate of $580.70 million. During the same period in the previous year, the firm posted $4.37 EPS. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th were paid a $1.10 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $4.40 annualized dividend and a dividend yield of 1.00%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.04. FactSet Research Systems’s dividend payout ratio is currently 31.79%.

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.