OneDigital Investment Advisors LLC Raises Holdings in FactSet Research Systems Inc. (NYSE:FDS)

OneDigital Investment Advisors LLC lifted its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,684 shares of the business services provider’s stock after buying an additional 40 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in FactSet Research Systems were worth $1,694,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FDS. Catalyst Capital Advisors LLC purchased a new stake in FactSet Research Systems in the third quarter worth about $26,000. UMB Bank n.a. raised its holdings in shares of FactSet Research Systems by 144.4% in the 2nd quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 39 shares in the last quarter. Crewe Advisors LLC lifted its position in shares of FactSet Research Systems by 750.0% in the 2nd quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock worth $28,000 after purchasing an additional 60 shares during the period. Quest Partners LLC boosted its stake in shares of FactSet Research Systems by 6,700.0% during the second quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in FactSet Research Systems during the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FDS. BMO Capital Markets upped their target price on FactSet Research Systems from $471.00 to $521.00 and gave the stock a “market perform” rating in a report on Friday. Redburn Atlantic downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research note on Friday. Stifel Nicolaus increased their price target on shares of FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a research report on Friday, September 20th. Finally, Evercore ISI initiated coverage on shares of FactSet Research Systems in a research report on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price objective on the stock. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $450.00.

Insider Transactions at FactSet Research Systems

In other FactSet Research Systems news, EVP Christopher R. Ellis sold 13,952 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the sale, the executive vice president now directly owns 23,515 shares of the company’s stock, valued at approximately $10,726,367.25. This represents a 37.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James J. Mcgonigle sold 5,410 shares of FactSet Research Systems stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.83, for a total value of $2,471,450.30. Following the transaction, the director now owns 5,283 shares of the company’s stock, valued at $2,413,432.89. The trade was a 50.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,984 shares of company stock worth $12,230,877 over the last 90 days. 1.10% of the stock is currently owned by company insiders.

FactSet Research Systems Price Performance

NYSE FDS opened at $483.90 on Monday. The company has a market cap of $18.38 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 3.20 and a beta of 0.75. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.25. The stock’s fifty day moving average price is $461.60 and its 200 day moving average price is $433.79. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, September 19th. The business services provider reported $3.74 earnings per share for the quarter, beating analysts’ consensus estimates of $3.62 by $0.12. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The business had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. During the same period in the prior year, the company earned $2.93 earnings per share. The company’s revenue was up 4.9% on a year-over-year basis. As a group, equities 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 firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be issued a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Friday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 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.