FactSet Research Systems Inc. (NYSE:FDS) Stock Holdings Lessened by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd lowered its stake in FactSet Research Systems Inc. (NYSE:FDS) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,984 shares of the business services provider’s stock after selling 24 shares during the period. Gulf International Bank UK Ltd’s holdings in FactSet Research Systems were worth $1,433,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in FDS. Catalyst Capital Advisors LLC acquired a new stake in FactSet Research Systems during the 3rd quarter valued at $26,000. Capital Performance Advisors LLP acquired a new stake in FactSet Research Systems during the 3rd quarter valued at $34,000. Brooklyn Investment Group acquired a new stake in FactSet Research Systems during the 3rd quarter valued at $35,000. Allworth Financial LP raised its stake in FactSet Research Systems by 19.1% during the 4th quarter. Allworth Financial LP now owns 137 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 22 shares during the period. Finally, Coastline Trust Co acquired a new stake in FactSet Research Systems during the 3rd quarter valued at $78,000. 91.24% of the stock is owned by institutional investors and hedge funds.

FactSet Research Systems Trading Up 1.6 %

Shares of NYSE:FDS opened at $461.93 on Friday. The stock has a market capitalization of $17.57 billion, a PE ratio of 33.11, a P/E/G ratio of 2.93 and a beta of 0.77. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $499.87. The firm has a fifty day moving average price of $466.78 and a 200 day moving average price of $461.82. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.25 by $0.12. The firm 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%. FactSet Research Systems’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the company posted $4.12 earnings per share. Analysts expect that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 28th will be issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Friday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 29.82%.

Wall Street Analysts Forecast Growth

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