FactSet Research Systems Inc. (NYSE:FDS) Shares Bought by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC boosted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,428 shares of the business services provider’s stock after buying an additional 88 shares during the quarter. FactSet Research Systems comprises about 0.7% of Linden Thomas Advisory Services LLC’s investment portfolio, making the stock its 13th biggest holding. Linden Thomas Advisory Services LLC’s holdings in FactSet Research Systems were worth $3,544,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Global Retirement Partners LLC raised its position in FactSet Research Systems by 28.8% during the third quarter. Global Retirement Partners LLC now owns 103 shares of the business services provider’s stock worth $46,000 after acquiring an additional 23 shares during the last quarter. Signaturefd LLC raised its position in FactSet Research Systems by 6.5% during the fourth quarter. Signaturefd LLC now owns 375 shares of the business services provider’s stock worth $179,000 after acquiring an additional 23 shares during the last quarter. Drive Wealth Management LLC raised its position in shares of FactSet Research Systems by 5.2% in the fourth quarter. Drive Wealth Management LLC now owns 487 shares of the business services provider’s stock valued at $233,000 after buying an additional 24 shares during the last quarter. Institutional & Family Asset Management LLC raised its position in shares of FactSet Research Systems by 0.3% in the third quarter. Institutional & Family Asset Management LLC now owns 9,660 shares of the business services provider’s stock valued at $4,224,000 after buying an additional 29 shares during the last quarter. Finally, CENTRAL TRUST Co raised its position in shares of FactSet Research Systems by 23.0% in the fourth quarter. CENTRAL TRUST Co now owns 155 shares of the business services provider’s stock valued at $74,000 after buying an additional 29 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analysts Forecast Growth

FDS has been the subject of a number of analyst reports. Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Barclays restated an “equal weight” rating and issued a $460.00 target price (down from $480.00) on shares of FactSet Research Systems in a report on Friday, March 22nd. The Goldman Sachs Group boosted their price objective on shares of FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research note on Friday, March 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $469.00 price objective on shares of FactSet Research Systems in a research note on Friday, March 22nd. Finally, BMO Capital Markets boosted their price objective on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research note on Monday, March 25th. Three analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $442.70.

FactSet Research Systems Stock Performance

Shares of FDS stock traded down $17.60 during trading hours on Tuesday, reaching $420.83. The stock had a trading volume of 248,815 shares, compared to its average volume of 240,502. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79. FactSet Research Systems Inc. has a twelve month low of $380.96 and a twelve month high of $488.64. The firm has a 50-day simple moving average of $453.84 and a 200-day simple moving average of $455.90. The firm has a market capitalization of $16.04 billion, a PE ratio of 34.72, a price-to-earnings-growth ratio of 2.67 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 earnings per share for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. The business had revenue of $545.95 million for the quarter, compared to analysts’ expectations of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. As a group, equities analysts forecast that FactSet Research Systems Inc. will post 15.83 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were paid a dividend of $0.98 per share. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 annualized dividend and a yield of 0.93%. FactSet Research Systems’s payout ratio is 31.04%.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $6,147,798.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.00% of the stock is owned by corporate insiders.

About FactSet Research Systems

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.