Caprock Group LLC Increases Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Caprock Group LLC lifted its stake in FactSet Research Systems Inc. (NYSE:FDS) by 13.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 632 shares of the business services provider’s stock after purchasing an additional 74 shares during the period. Caprock Group LLC’s holdings in FactSet Research Systems were worth $304,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FDS. Raymond James Trust N.A. raised its holdings in FactSet Research Systems by 2.3% during the third quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock valued at $436,000 after acquiring an additional 21 shares during the period. Mount Yale Investment Advisors LLC raised its position in shares of FactSet Research Systems by 1.4% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,572 shares of the business services provider’s stock valued at $755,000 after buying an additional 22 shares in the last quarter. Cerro Pacific Wealth Advisors LLC lifted its stake in shares of FactSet Research Systems by 1.4% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,759 shares of the business services provider’s stock valued at $809,000 after purchasing an additional 25 shares during the last quarter. Andina Capital Management LLC lifted its position in FactSet Research Systems by 3.8% in the third quarter. Andina Capital Management LLC now owns 715 shares of the business services provider’s stock worth $329,000 after buying an additional 26 shares during the last quarter. Finally, Wallace Advisory Group LLC boosted its stake in shares of FactSet Research Systems by 4.2% during the 4th quarter. Wallace Advisory Group LLC now owns 894 shares of the business services provider’s stock worth $411,000 after purchasing an additional 36 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Buying and Selling

In related news, insider John Costigan sold 1,622 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $481.00, for a total transaction of $780,182.00. Following the completion of the sale, the insider now directly owns 299 shares in the company, valued at approximately $143,819. This trade represents a 84.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

FDS has been the subject of a number of recent analyst reports. UBS Group boosted their price objective on FactSet Research Systems from $485.00 to $525.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Stifel Nicolaus upped their target price on FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a report on Friday, December 20th. BMO Capital Markets reduced their price objective 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. Morgan Stanley lifted their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a research report on Friday, December 20th. Five investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $453.46.

FactSet Research Systems Price Performance

Shares of FactSet Research Systems stock opened at $468.04 on Friday. The firm has a market cap of $17.80 billion, a PE ratio of 33.55, a P/E/G ratio of 2.98 and a beta of 0.77. The business has a 50-day moving average price of $474.85 and a 200 day moving average price of $455.80. 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 Inc. has a twelve month low of $391.84 and a twelve month high of $499.87.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.25 by $0.12. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. During the same period last year, the firm posted $4.12 earnings per share. The company’s revenue was up 4.9% compared to the same quarter last year. Sell-side analysts predict that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.04 per share. The ex-dividend date is Friday, February 28th. This represents a $4.16 annualized dividend and a yield of 0.89%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.82%.

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.