Vinva Investment Management Ltd Grows Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Vinva Investment Management Ltd grew its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 77.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,657 shares of the business services provider’s stock after acquiring an additional 724 shares during the period. Vinva Investment Management Ltd’s holdings in FactSet Research Systems were worth $800,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in shares of FactSet Research Systems in the 3rd quarter valued at $35,000. Allworth Financial LP lifted its stake in shares of FactSet Research Systems by 19.1% in the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 22 shares during the period. Continuum Advisory LLC lifted its stake in shares of FactSet Research Systems by 5,200.0% in the 3rd quarter. Continuum Advisory LLC now owns 159 shares of the business services provider’s stock valued at $79,000 after purchasing an additional 156 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of FactSet Research Systems by 19.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 205 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 33 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in shares of FactSet Research Systems in the 4th quarter valued at $102,000. 91.24% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $431.75 on Friday. FactSet Research Systems Inc. has a 52-week low of $391.84 and a 52-week high of $499.87. The firm has a market capitalization of $16.42 billion, a price-to-earnings ratio of 30.95, a PEG ratio of 2.93 and a beta of 0.77. The company has a fifty day simple moving average of $455.91 and a 200-day simple moving average of $464.12. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The firm had revenue of $570.70 million during the quarter, compared to analyst estimates of $570.65 million. During the same quarter in the prior year, the firm posted $4.22 earnings per share. FactSet Research Systems’s quarterly revenue was up 4.5% on a year-over-year basis. On average, equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were issued a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems’s dividend payout ratio is currently 29.82%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on FDS shares. Stifel Nicolaus boosted their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Wells Fargo & Company decreased their target price on shares of 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. 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 Monday, March 10th. BMO Capital Markets decreased their target price on shares of 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 shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research report on Thursday, December 12th. Five investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $449.38.

About FactSet Research Systems

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.