Bath Savings Trust Co Grows Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Bath Savings Trust Co raised its position in shares of FactSet Research Systems Inc. (NYSE:FDSFree Report) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,173 shares of the business services provider’s stock after buying an additional 346 shares during the period. FactSet Research Systems comprises about 1.7% of Bath Savings Trust Co’s holdings, making the stock its 19th largest holding. Bath Savings Trust Co’s holdings in FactSet Research Systems were worth $14,871,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of FDS. Diversified Trust Co raised its stake in shares of FactSet Research Systems by 24.8% in the fourth quarter. Diversified Trust Co now owns 3,228 shares of the business services provider’s stock valued at $1,540,000 after acquiring an additional 642 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of FactSet Research Systems in the third quarter valued at $325,000. Wellington Management Group LLP raised its stake in shares of FactSet Research Systems by 1,816.4% in the third quarter. Wellington Management Group LLP now owns 31,505 shares of the business services provider’s stock valued at $13,776,000 after acquiring an additional 29,861 shares in the last quarter. American Century Companies Inc. raised its stake in shares of FactSet Research Systems by 5.5% in the third quarter. American Century Companies Inc. now owns 8,645 shares of the business services provider’s stock valued at $3,780,000 after acquiring an additional 451 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its stake in shares of FactSet Research Systems by 5.3% in the third quarter. Public Sector Pension Investment Board now owns 8,892 shares of the business services provider’s stock valued at $3,888,000 after acquiring an additional 447 shares in the last quarter. 89.50% of the stock is currently owned by hedge funds and other institutional investors.

FactSet Research Systems Price Performance

Shares of FDS opened at $475.96 on Friday. The stock’s 50 day moving average is $467.96 and its two-hundred day moving average is $453.95. The firm has a market capitalization of $18.13 billion, a PE ratio of 38.51, a P/E/G ratio of 2.93 and a beta of 0.73. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.91. FactSet Research Systems Inc. has a twelve month low of $377.89 and a twelve month high of $487.79.

FactSet Research Systems (NYSE:FDSGet Free Report) last announced its quarterly earnings results on Tuesday, December 19th. The business services provider reported $4.12 EPS for the quarter, topping the consensus estimate of $4.10 by $0.02. FactSet Research Systems had a return on equity of 34.47% and a net margin of 22.60%. The business had revenue of $542.20 million for the quarter, compared to analyst estimates of $540.34 million. During the same quarter in the previous year, the company earned $3.99 EPS. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Research analysts anticipate that FactSet Research Systems Inc. will post 15.76 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Thursday, February 29th will be given a dividend of $0.98 per share. The ex-dividend date is Wednesday, February 28th. This represents a $3.92 annualized dividend and a dividend yield of 0.82%. FactSet Research Systems’s dividend payout ratio is currently 31.72%.

Insider Buying and Selling

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $476.02, for a total value of $1,428,060.00. Following the completion of the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $6,147,798.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, EVP Christopher R. Ellis sold 9,291 shares of the business’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $450.76, for a total transaction of $4,188,011.16. Following the completion of the sale, the executive vice president now directly owns 23,433 shares of the company’s stock, valued at approximately $10,562,659.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the sale, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at $6,147,798.30. The disclosure for this sale can be found here. Insiders sold 14,805 shares of company stock worth $6,805,651 in the last ninety days. Insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. BMO Capital Markets raised their price target on FactSet Research Systems from $436.00 to $447.00 and gave the company a “market perform” rating in a research note on Wednesday, December 20th. Stifel Nicolaus raised their price target on FactSet Research Systems from $436.00 to $469.00 and gave the company a “hold” rating in a research note on Wednesday, December 20th. Royal Bank of Canada restated a “sector perform” rating and issued a $464.00 price target on shares of FactSet Research Systems in a research note on Wednesday, December 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $480.00 price target (up from $471.00) on shares of FactSet Research Systems in a research note on Friday, December 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $434.25.

View Our Latest Stock Report on FactSet Research Systems

FactSet Research Systems Profile

(Free Report)

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.

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Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

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