OMERS ADMINISTRATION Corp purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,180 shares of the business services provider’s stock, valued at approximately $1,882,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FDS. Geneos Wealth Management Inc. boosted its position in shares of FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 64 shares in the last quarter. BOKF NA raised its position in FactSet Research Systems by 5,100.0% in the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after purchasing an additional 102 shares in the last quarter. Navalign LLC bought a new position in FactSet Research Systems during the fourth quarter worth about $32,000. Litman Gregory Wealth Management LLC acquired a new stake in FactSet Research Systems during the fourth quarter valued at approximately $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in FactSet Research Systems during the second quarter valued at approximately $50,000. 91.24% of the stock is owned by institutional investors.
FactSet Research Systems Stock Down 0.4%
NYSE FDS opened at $295.02 on Thursday. The firm has a market cap of $10.49 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.99 and a beta of 0.70. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $384.33. The stock’s 50 day simple moving average is $260.88 and its 200 day simple moving average is $235.01. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.68 and a quick ratio of 0.68.
FactSet Research Systems Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Monday, August 31st will be paid a $1.16 dividend. The ex-dividend date is Monday, August 31st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.6%. FactSet Research Systems’s dividend payout ratio (DPR) is 30.57%.
Wall Street Analyst Weigh In
FDS has been the subject of a number of recent research reports. BMO Capital Markets increased their target price on FactSet Research Systems from $257.00 to $275.00 and gave the stock a “market perform” rating in a report on Thursday, July 2nd. Jefferies Financial Group lifted their price objective on FactSet Research Systems from $225.00 to $253.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. UBS Group restated a “buy” rating on shares of FactSet Research Systems in a research note on Wednesday, July 22nd. Bank of America upped their target price on shares of FactSet Research Systems from $205.00 to $210.00 and gave the stock an “underperform” rating in a report on Thursday, July 2nd. Finally, Wolfe Research increased their target price on shares of FactSet Research Systems from $225.00 to $240.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $253.00.
View Our Latest Analysis on FactSet Research Systems
FactSet Research Systems Company Profile
FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.
The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.
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