Asset Management One Co. Ltd. Purchases 359 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Asset Management One Co. Ltd. boosted its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,241 shares of the business services provider’s stock after purchasing an additional 359 shares during the period. Asset Management One Co. Ltd.’s holdings in FactSet Research Systems were worth $6,929,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its position in FactSet Research Systems by 581.8% during the third quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock worth $69,000 after buying an additional 128 shares during the last quarter. Vontobel Holding Ltd. lifted its stake in FactSet Research Systems by 10.4% during the third quarter. Vontobel Holding Ltd. now owns 1,323 shares of the business services provider’s stock worth $608,000 after purchasing an additional 125 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in FactSet Research Systems by 1.8% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 3,820 shares of the business services provider’s stock worth $1,757,000 after purchasing an additional 69 shares during the last quarter. Blue Trust Inc. lifted its stake in FactSet Research Systems by 64.0% during the third quarter. Blue Trust Inc. now owns 228 shares of the business services provider’s stock worth $105,000 after purchasing an additional 89 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in shares of FactSet Research Systems by 4.8% during the third quarter. Raymond James & Associates now owns 116,556 shares of the business services provider’s stock worth $53,598,000 after buying an additional 5,381 shares in the last quarter. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Performance

NYSE FDS opened at $456.24 on Tuesday. 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 1.39 and a current ratio of 1.39. The company has a market capitalization of $17.35 billion, a P/E ratio of 32.71, a P/E/G ratio of 2.95 and a beta of 0.77. The company has a fifty day moving average of $471.27 and a 200-day moving average of $458.57.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $568.70 million for the quarter, compared to analysts’ expectations of $565.14 million. During the same quarter in the previous year, the company earned $4.12 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. As a group, equities research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Friday, February 28th will be paid a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s payout ratio is currently 29.82%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on FDS. BMO Capital Markets decreased their price objective on FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a report on Monday, December 23rd. UBS Group increased their price target on FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Royal Bank of Canada reiterated a “sector perform” rating and set a $503.00 price target on shares of FactSet Research Systems in a report on Friday, December 20th. Morgan Stanley increased their price target on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a report on Thursday, December 12th. Finally, Wells Fargo & Company decreased their price target on FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a report on Tuesday, February 11th. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $453.23.

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.