Louisiana State Employees Retirement System Has $961,000 Stake in FactSet Research Systems Inc. (NYSE:FDS)

Louisiana State Employees Retirement System lowered its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,000 shares of the business services provider’s stock after selling 100 shares during the period. Louisiana State Employees Retirement System’s holdings in FactSet Research Systems were worth $961,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FDS. Exchange Traded Concepts LLC raised its holdings in shares of 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 valued at $69,000 after purchasing an additional 128 shares during the period. Vontobel Holding Ltd. raised its holdings in shares of 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 valued at $608,000 after purchasing an additional 125 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of 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 valued at $1,757,000 after purchasing an additional 69 shares during the period. Blue Trust Inc. raised its holdings in shares of FactSet Research Systems by 64.0% during the third quarter. Blue Trust Inc. now owns 228 shares of the business services provider’s stock valued at $105,000 after purchasing an additional 89 shares during the period. Finally, Raymond James & Associates raised 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 valued at $53,598,000 after purchasing an additional 5,381 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on FDS. Royal Bank of Canada reissued a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, December 20th. UBS Group boosted their target price on shares of FactSet Research Systems from $485.00 to $525.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Wells Fargo & Company decreased their target price on shares of FactSet Research Systems from $503.00 to $500.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Morgan Stanley boosted 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 report on Thursday, December 12th. Finally, 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 report on Monday, December 23rd. Five equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus price target of $453.23.

FactSet Research Systems Stock Down 0.7 %

FactSet Research Systems stock opened at $456.24 on Tuesday. FactSet Research Systems Inc. has a twelve month low of $391.84 and a twelve month high of $499.87. The firm has a 50 day moving average price of $471.27 and a 200-day moving average price of $458.57. 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 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 released its earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share 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 during the quarter, compared to the consensus estimate of $565.14 million. During the same period in the prior year, the firm earned $4.12 EPS. The company’s revenue was up 4.9% compared to the same quarter last year. As a group, equities analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Friday, February 28th. FactSet Research Systems’s payout ratio is currently 29.82%.

FactSet Research Systems 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.