Impact Capital Partners LLC Makes New $584,000 Investment in FactSet Research Systems Inc. (NYSE:FDS)

Impact Capital Partners LLC purchased a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,215 shares of the business services provider’s stock, valued at approximately $584,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its holdings in FactSet Research Systems by 3.0% during the third quarter. Principal Financial Group Inc. now owns 48,791 shares of the business services provider’s stock worth $22,437,000 after purchasing an additional 1,443 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in FactSet Research Systems in the 3rd quarter worth about $275,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of FactSet Research Systems by 0.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 84,082 shares of the business services provider’s stock worth $38,665,000 after purchasing an additional 270 shares in the last quarter. Haverford Trust Co boosted its stake in shares of FactSet Research Systems by 4.5% during the 3rd quarter. Haverford Trust Co now owns 852 shares of the business services provider’s stock valued at $392,000 after buying an additional 37 shares during the period. Finally, Huntington National Bank boosted its position in FactSet Research Systems by 29.3% during the third quarter. Huntington National Bank now owns 291 shares of the business services provider’s stock valued at $134,000 after purchasing an additional 66 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

FDS has been the topic of several recent research reports. Stifel Nicolaus raised their price objective on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. Wells Fargo & Company cut their price target on shares of FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Friday, March 7th. UBS Group upped their price objective on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Royal Bank of Canada restated a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a report on Monday. Finally, Morgan Stanley upped their price target 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. Five investment analysts have rated the stock with a sell rating and eight 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 price target of $449.38.

FactSet Research Systems Stock Down 0.7 %

NYSE FDS opened at $426.75 on Friday. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market cap of $16.23 billion, a PE ratio of 30.59, a PEG ratio of 2.93 and a beta of 0.77. The firm has a 50-day simple moving average of $459.59 and a 200 day simple moving average of $463.60.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 million. During the same quarter in the previous year, the firm posted $4.12 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, research analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be issued a $1.04 dividend. The ex-dividend date is Friday, February 28th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.97%. FactSet Research Systems’s dividend payout ratio is 29.82%.

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.