Savant Capital LLC Has $270,000 Position in FactSet Research Systems Inc. (NYSE:FDS)

Savant Capital LLC raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 8.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 562 shares of the business services provider’s stock after buying an additional 46 shares during the period. Savant Capital LLC’s holdings in FactSet Research Systems were worth $270,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of FDS. Exchange Traded Concepts LLC grew its position in shares of FactSet Research Systems by 581.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 150 shares of the business services provider’s stock valued at $69,000 after acquiring an additional 128 shares during the period. Vontobel Holding Ltd. grew its position in shares of FactSet Research Systems by 10.4% in the 3rd quarter. Vontobel Holding Ltd. now owns 1,323 shares of the business services provider’s stock valued at $608,000 after acquiring an additional 125 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of FactSet Research Systems by 1.8% in the 3rd 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 acquiring an additional 69 shares during the period. Blue Trust Inc. grew its position in shares of FactSet Research Systems by 64.0% in the 3rd quarter. Blue Trust Inc. now owns 228 shares of the business services provider’s stock valued at $105,000 after acquiring an additional 89 shares during the period. Finally, Raymond James & Associates grew its position in shares of FactSet Research Systems by 4.8% in the 3rd quarter. Raymond James & Associates now owns 116,556 shares of the business services provider’s stock valued at $53,598,000 after acquiring an additional 5,381 shares during the period. Institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Stifel Nicolaus lifted their price objective on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research report on Friday, December 20th. BMO Capital Markets reduced 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 report on Monday, December 23rd. UBS Group lifted their target price on shares of 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 reaffirmed a “sector perform” rating and set a $503.00 target price on shares of FactSet Research Systems in a report on Friday, December 20th. Finally, Wells Fargo & Company reduced 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 report on Tuesday, February 11th. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $453.23.

FactSet Research Systems Price Performance

Shares of FactSet Research Systems stock opened at $459.64 on Wednesday. The company has a 50-day simple moving average of $470.79 and a two-hundred day simple moving average of $458.89. The stock has a market capitalization of $17.48 billion, a price-to-earnings ratio of 32.95, a price-to-earnings-growth 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 Inc. has a twelve month low of $391.84 and a twelve month high of $499.87.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, December 19th. The business services provider reported $4.37 EPS for the quarter, beating the consensus estimate of $4.25 by $0.12. The company had revenue of $568.70 million during the quarter, compared to analysts’ expectations of $565.14 million. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company earned $4.12 EPS. Analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Friday, February 28th will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s payout ratio is presently 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.