Natixis Advisors LLC Sells 17,604 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Natixis Advisors LLC decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 14.6% in the 4th quarter, HoldingsChannel reports. The firm owned 103,352 shares of the business services provider’s stock after selling 17,604 shares during the quarter. Natixis Advisors LLC’s holdings in FactSet Research Systems were worth $49,638,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FDS. Brooklyn Investment Group bought a new stake in FactSet Research Systems during the third quarter worth about $35,000. Allworth Financial LP raised its stake in FactSet Research Systems by 19.1% during the fourth quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock worth $64,000 after acquiring an additional 22 shares in the last quarter. Coastline Trust Co acquired a new position in FactSet Research Systems during the third quarter worth about $78,000. Continuum Advisory LLC raised its stake in FactSet Research Systems by 5,200.0% during the third quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock worth $79,000 after acquiring an additional 156 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in FactSet Research Systems by 19.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock worth $99,000 after acquiring an additional 33 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on FDS. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research note on Monday, March 10th. Wells Fargo & Company lowered their target price on FactSet Research Systems from $500.00 to $450.00 and set an “equal weight” rating for the company in a research note on Friday, March 7th. Stifel Nicolaus boosted their target price on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. BMO Capital Markets lowered their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research note on Monday, December 23rd. Finally, Morgan Stanley upped their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the company 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. According to data from MarketBeat, FactSet Research Systems presently has a consensus rating of “Hold” and a consensus target price of $449.38.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $436.64 on Monday. The company has a market capitalization of $16.61 billion, a PE ratio of 31.30, a P/E/G ratio of 2.93 and a beta of 0.77. The company has a 50 day simple moving average of $457.83 and a two-hundred day simple moving average of $464.25. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.39 and a current ratio of 1.39. FactSet Research Systems Inc. has a fifty-two week low of $391.84 and a fifty-two week high of $499.87.

FactSet Research Systems (NYSE:FDS) last released 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. The business had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.12 EPS. Research analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share 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. Shareholders of record on Friday, February 28th will be issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s 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.