Planned Solutions Inc. Invests $105,000 in FactSet Research Systems Inc. (NYSE:FDS)

Planned Solutions Inc. acquired a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, HoldingsChannel reports. The fund acquired 220 shares of the business services provider’s stock, valued at approximately $105,000.

Several other large investors have also added to or reduced their stakes in FDS. Vanguard Group Inc. grew its holdings in FactSet Research Systems by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 4,298,111 shares of the business services provider’s stock valued at $1,866,025,000 after buying an additional 52,604 shares in the last quarter. Bamco Inc. NY raised its holdings in shares of FactSet Research Systems by 0.3% during the 3rd quarter. Bamco Inc. NY now owns 2,751,596 shares of the business services provider’s stock worth $1,203,163,000 after acquiring an additional 8,862 shares in the last quarter. State Street Corp grew its holdings in shares of FactSet Research Systems by 1.7% in the first quarter. State Street Corp now owns 1,988,080 shares of the business services provider’s stock valued at $863,125,000 after purchasing an additional 32,550 shares in the last quarter. Morgan Stanley raised its stake in FactSet Research Systems by 100.1% during the third quarter. Morgan Stanley now owns 1,396,225 shares of the business services provider’s stock valued at $610,515,000 after purchasing an additional 698,611 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of FactSet Research Systems by 0.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,078,226 shares of the business services provider’s stock worth $447,561,000 after buying an additional 8,564 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

Shares of FDS stock opened at $447.38 on Thursday. The stock’s 50-day moving average is $467.69 and its 200 day moving average is $455.47. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.68. FactSet Research Systems Inc. has a 1-year low of $380.96 and a 1-year high of $488.64. The company has a market cap of $17.04 billion, a P/E ratio of 35.42, a PEG ratio of 2.74 and a beta of 0.73.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, beating analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. The company had revenue of $545.95 million during the quarter, compared to analysts’ expectations of $547.93 million. Research analysts predict that FactSet Research Systems Inc. will post 15.78 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were issued a $0.98 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.88%. FactSet Research Systems’s dividend payout ratio is currently 31.04%.

Insiders Place Their Bets

In other news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at $6,147,798.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

FDS has been the subject of several analyst reports. Barclays reaffirmed an “equal weight” rating and issued a $460.00 price objective (down from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $469.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $464.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, The Goldman Sachs Group boosted their price target on FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Two research analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $444.11.

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.