FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,956 shares of the business services provider’s stock after acquiring an additional 1,260 shares during the period. Natixis Advisors LLC owned about 0.32% of FactSet Research Systems worth $55,621,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC boosted its stake in shares of FactSet Research Systems by 47.6% in the first quarter. Empowered Funds LLC now owns 626 shares of the business services provider’s stock valued at $284,000 after purchasing an additional 202 shares during the period. QRG Capital Management Inc. grew its stake in shares of FactSet Research Systems by 19.8% in the first quarter. QRG Capital Management Inc. now owns 998 shares of the business services provider’s stock worth $454,000 after acquiring an additional 165 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of FactSet Research Systems by 10.5% in the first quarter. Bleakley Financial Group LLC now owns 789 shares of the business services provider’s stock worth $359,000 after acquiring an additional 75 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of FactSet Research Systems by 0.3% in the first quarter. Vanguard Group Inc. now owns 4,571,550 shares of the business services provider’s stock valued at $2,077,267,000 after acquiring an additional 11,974 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in FactSet Research Systems by 5.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 7,524 shares of the business services provider’s stock valued at $3,419,000 after purchasing an additional 418 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,380,259.85. This represents a 18.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christopher R. Ellis sold 13,952 shares of FactSet Research Systems stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the completion of the sale, the executive vice president now directly owns 23,515 shares in the company, valued at approximately $10,726,367.25. The trade was a 37.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 26,984 shares of company stock valued at $12,230,877 in the last ninety days. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on FDS. BMO Capital Markets increased their price target on FactSet Research Systems from $471.00 to $521.00 and gave the company a “market perform” rating in a research report on Friday. Wells Fargo & Company raised their target price on shares of FactSet Research Systems from $435.00 to $503.00 and gave the company an “equal weight” rating in a report on Friday, September 20th. Evercore ISI began coverage on shares of FactSet Research Systems in a report on Wednesday, October 2nd. They set an “inline” rating and a $470.00 price target for the company. Stifel Nicolaus raised their price objective on shares of FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a report on Friday, September 20th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a report on Friday. Five investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and an average price target of $450.00.

FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $483.90 on Friday. The stock has a market cap of $18.38 billion, a P/E ratio of 34.81, a P/E/G ratio of 3.25 and a beta of 0.75. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. The stock has a 50 day moving average of $461.60 and a two-hundred day moving average of $433.69. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, beating the consensus estimate of $3.62 by $0.12. The firm had revenue of $562.20 million during the quarter, compared to the consensus estimate of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. FactSet Research Systems’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.93 EPS. On average, research analysts forecast that FactSet Research Systems Inc. will post 17.2 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.93%.

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.