Wealth Enhancement Advisory Services LLC Purchases 88 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,207 shares of the business services provider’s stock after purchasing an additional 88 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in FactSet Research Systems were worth $1,934,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Catalyst Capital Advisors LLC bought a new stake in shares of FactSet Research Systems during the 3rd quarter worth $26,000. Quest Partners LLC raised its stake in 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 worth $28,000 after acquiring an additional 67 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of FactSet Research Systems in the third quarter worth about $34,000. Brooklyn Investment Group acquired a new stake in shares of FactSet Research Systems in the 3rd quarter valued at approximately $35,000. Finally, Federated Hermes Inc. bought a new stake in shares of FactSet Research Systems during the 2nd quarter valued at approximately $52,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Trading Down 0.2 %

NYSE:FDS opened at $453.76 on Wednesday. FactSet Research Systems Inc. has a 52 week low of $391.84 and a 52 week high of $499.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.25. The firm’s fifty day moving average is $481.39 and its 200-day moving average is $450.70. The firm has a market cap of $17.26 billion, a P/E ratio of 32.64, a P/E/G ratio of 3.14 and a beta of 0.76.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.25 by $0.12. The business had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.12 earnings per share. Equities analysts expect 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 declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend was Friday, November 29th. FactSet Research Systems’s payout ratio is 29.82%.

Wall Street Analysts Forecast Growth

FDS has been the topic of a number of research analyst reports. Royal Bank of Canada restated a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, December 20th. BMO Capital Markets cut their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating on the stock in a report on Monday, December 23rd. Stifel Nicolaus increased their target price on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. Wells Fargo & Company boosted their price target on FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a report on Friday, September 20th. 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 equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $453.46.

Insider Transactions at FactSet Research Systems

In related news, insider John Costigan sold 1,622 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the transaction, the insider now directly owns 299 shares of the company’s stock, valued at $143,819. This represents a 84.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.10% of the company’s stock.

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.