782 Shares in FactSet Research Systems Inc. (NYSE:FDS) Purchased by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new position in FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 782 shares of the business services provider’s stock, valued at approximately $373,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HighPoint Advisor Group LLC purchased a new stake in shares of FactSet Research Systems during the 4th quarter valued at $443,000. Vanguard Group Inc. grew its position in FactSet Research Systems by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 4,559,576 shares of the business services provider’s stock valued at $2,175,146,000 after acquiring an additional 16,801 shares during the period. V Square Quantitative Management LLC increased its stake in FactSet Research Systems by 21.0% during the fourth quarter. V Square Quantitative Management LLC now owns 964 shares of the business services provider’s stock worth $460,000 after acquiring an additional 167 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in FactSet Research Systems during the fourth quarter worth about $211,000. Finally, Ghisallo Capital Management LLC acquired a new position in shares of FactSet Research Systems in the 4th quarter valued at about $5,009,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $464.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Wolfe Research assumed coverage on shares of FactSet Research Systems in a research report on Thursday, April 11th. They set an “underperform” rating and a $430.00 price target for the company. The Goldman Sachs Group increased their price target on FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Bank of America cut FactSet Research Systems from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $500.00 to $407.00 in a research note on Thursday, May 30th. Finally, Barclays reiterated an “equal weight” rating and issued a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Four investment analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $431.50.

Insider Transactions at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $400.00, for a total value of $1,200,000.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $5,166,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $400.00, for a total value of $1,200,000.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $5,166,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Gregory T. Moskoff sold 330 shares of the business’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $419.50, for a total transaction of $138,435.00. Following the completion of the sale, the chief accounting officer now directly owns 72 shares of the company’s stock, valued at approximately $30,204. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,987 shares of company stock valued at $10,283,347. Insiders own 1.00% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $423.73 on Friday. FactSet Research Systems Inc. has a 12 month low of $385.27 and a 12 month high of $488.64. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.79 and a quick ratio of 1.79. The firm has a market capitalization of $16.15 billion, a P/E ratio of 33.55, a P/E/G ratio of 2.65 and a beta of 0.74. The company’s fifty day moving average price is $423.68 and its two-hundred day moving average price is $448.25.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The firm had revenue of $545.95 million for the quarter, compared to analyst estimates of $547.93 million. On average, research analysts anticipate that FactSet Research Systems Inc. will post 15.95 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Stockholders of record on Friday, May 31st were given a $1.04 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $4.16 annualized dividend and a dividend yield of 0.98%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $0.98. FactSet Research Systems’s payout ratio is presently 32.94%.

FactSet Research Systems Company 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.