Outlook Wealth Advisors LLC grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS – Free Report) by 12.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 884 shares of the business services provider’s stock after acquiring an additional 96 shares during the period. Outlook Wealth Advisors LLC’s holdings in FactSet Research Systems were worth $425,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp raised its stake in FactSet Research Systems by 2.2% during the third quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock valued at $888,603,000 after buying an additional 42,303 shares in the last quarter. Geode Capital Management LLC boosted its holdings in FactSet Research Systems by 0.8% in the third quarter. Geode Capital Management LLC now owns 1,001,924 shares of the business services provider’s stock worth $460,467,000 after purchasing an additional 8,376 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of FactSet Research Systems by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 493,350 shares of the business services provider’s stock worth $226,867,000 after purchasing an additional 52,741 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of FactSet Research Systems by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 373,386 shares of the business services provider’s stock valued at $171,702,000 after buying an additional 4,113 shares during the period. Finally, Nordea Investment Management AB grew its position in shares of FactSet Research Systems by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 340,494 shares of the business services provider’s stock valued at $164,653,000 after buying an additional 59,173 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.
FactSet Research Systems Price Performance
FDS opened at $453.89 on Thursday. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The company has a quick ratio of 1.25, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $17.26 billion, a P/E ratio of 32.54, a PEG ratio of 2.85 and a beta of 0.76. The stock has a fifty day moving average of $481.11 and a 200-day moving average of $451.02.
FactSet Research Systems Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 29th were given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.92%. The ex-dividend date was Friday, November 29th. FactSet Research Systems’s payout ratio is presently 29.82%.
Insider Buying and Selling at FactSet Research Systems
In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the completion of the sale, the insider now owns 299 shares of the company’s stock, valued at $143,819. The trade was a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.10% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have issued reports on FDS shares. Wells Fargo & Company raised their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a report on Friday, September 20th. Morgan Stanley upped their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research note on Thursday, December 12th. Evercore ISI started coverage on FactSet Research Systems in a research note on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 target price on the stock. UBS Group upped their price target on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 price objective on shares of FactSet Research Systems in a research report on Friday, December 20th. Five equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Hold” and an average target price of $453.46.
Read Our Latest Stock Analysis on FDS
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.
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