FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Sepio Capital LP

Sepio Capital LP decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 16.1% during the 4th quarter, HoldingsChannel reports. The fund owned 4,789 shares of the business services provider’s stock after selling 917 shares during the quarter. Sepio Capital LP’s holdings in FactSet Research Systems were worth $2,284,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Criterion Capital Advisors LLC acquired a new position in shares of FactSet Research Systems during the 4th quarter valued at about $30,000. Desjardins Global Asset Management Inc. boosted its position in shares of FactSet Research Systems by 69.4% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 34 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of FactSet Research Systems by 820.0% during the 3rd quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 82 shares during the last quarter. Smithfield Trust Co boosted its position in shares of FactSet Research Systems by 51.6% during the 4th quarter. Smithfield Trust Co now owns 94 shares of the business services provider’s stock valued at $44,000 after acquiring an additional 32 shares during the last quarter. Finally, CVA Family Office LLC acquired a new position in shares of FactSet Research Systems during the 4th quarter valued at about $49,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Down 0.1 %

NYSE:FDS traded down $0.32 on Friday, reaching $436.04. 166,302 shares of the company’s stock were exchanged, compared to its average volume of 212,224. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $16.62 billion, a price-to-earnings ratio of 34.52, a price-to-earnings-growth ratio of 2.71 and a beta of 0.73. The business has a fifty day moving average of $438.80 and a 200-day moving average of $454.74. FactSet Research Systems Inc. has a 52-week low of $380.96 and a 52-week high of $488.64.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. The company had revenue of $545.95 million for the quarter, compared to analyst estimates 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, analysts expect that FactSet Research Systems Inc. will post 15.82 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Investors of record on Friday, May 31st will be paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.95%. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, May 31st. FactSet Research Systems’s dividend payout ratio is presently 31.04%.

Analyst Ratings Changes

FDS has been the topic of several recent research reports. Stifel Nicolaus reissued a “hold” rating and set a $469.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. Barclays reaffirmed an “equal weight” rating and issued a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $464.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. The Goldman Sachs Group upped their target price on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. According to data from MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Hold” and an average target price of $443.56.

Insider Buying and Selling

In related news, EVP Goran Skoko sold 6,215 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $436.40, for a total transaction of $2,712,226.00. Following the sale, the executive vice president now directly owns 5,262 shares in the company, valued at $2,296,336.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Robert J. Robie sold 4,336 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $431.48, for a total transaction of $1,870,897.28. Following the sale, the executive vice president now directly owns 1,485 shares in the company, valued at $640,747.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Goran Skoko sold 6,215 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $436.40, for a total transaction of $2,712,226.00. Following the sale, the executive vice president now owns 5,262 shares in the company, valued at $2,296,336.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 20,987 shares of company stock worth $9,083,347. Company insiders own 1.00% of the company’s stock.

FactSet Research Systems Company 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.