Schwab Charles Investment Management Inc. Grows Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Schwab Charles Investment Management Inc. lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 168,001 shares of the business services provider’s stock after buying an additional 7,670 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.43% of FactSet Research Systems worth $32,384,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FDS. Suntrust Banks Inc. grew its holdings in shares of FactSet Research Systems by 30.7% during the 2nd quarter. Suntrust Banks Inc. now owns 1,716 shares of the business services provider’s stock valued at $284,000 after acquiring an additional 403 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in FactSet Research Systems by 1.3% in the second quarter. Dimensional Fund Advisors LP now owns 167,605 shares of the business services provider’s stock worth $27,857,000 after purchasing an additional 2,155 shares in the last quarter. Janus Henderson Group PLC lifted its position in FactSet Research Systems by 65.2% during the 2nd quarter. Janus Henderson Group PLC now owns 188,562 shares of the business services provider’s stock worth $31,335,000 after acquiring an additional 74,406 shares during the last quarter. Gotham Asset Management LLC lifted its position in FactSet Research Systems by 6.8% during the 2nd quarter. Gotham Asset Management LLC now owns 1,296 shares of the business services provider’s stock worth $215,000 after acquiring an additional 82 shares during the last quarter. Finally, Nomura Holdings Inc. lifted its position in FactSet Research Systems by 113.3% during the 2nd quarter. Nomura Holdings Inc. now owns 3,066 shares of the business services provider’s stock worth $510,000 after acquiring an additional 26,180 shares during the last quarter. 94.01% of the stock is currently owned by hedge funds and other institutional investors.

FactSet Research Systems Inc. (NYSE FDS) traded up $0.37 during trading on Monday, reaching $202.18. 301,100 shares of the company were exchanged, compared to its average volume of 331,721. FactSet Research Systems Inc. has a 1-year low of $155.09 and a 1-year high of $209.02. The company has a market capitalization of $7,889.85, a P/E ratio of 26.60, a P/E/G ratio of 2.20 and a beta of 0.96. The company has a current ratio of 2.64, a quick ratio of 2.64 and a debt-to-equity ratio of 0.93.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.06. The company had revenue of $329.10 million during the quarter, compared to the consensus estimate of $330.49 million. FactSet Research Systems had a net margin of 20.76% and a return on equity of 54.65%. The company’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.75 EPS. analysts predict that FactSet Research Systems Inc. will post 8.37 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 20th. Stockholders of record on Wednesday, February 28th will be given a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.11%. The ex-dividend date is Tuesday, February 27th. FactSet Research Systems’s payout ratio is presently 33.79%.

In other FactSet Research Systems news, VP Matthew J. Mcnulty sold 1,400 shares of the business’s stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $192.70, for a total transaction of $269,780.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Scott A. Billeadeau sold 2,419 shares of the business’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $192.30, for a total transaction of $465,173.70. Following the sale, the director now directly owns 4,419 shares in the company, valued at $849,773.70. The disclosure for this sale can be found here. Insiders sold a total of 55,406 shares of company stock valued at $10,957,561 over the last 90 days. Corporate insiders own 2.80% of the company’s stock.

FDS has been the subject of a number of research analyst reports. Credit Suisse Group reissued an “outperform” rating and set a $205.00 target price (up previously from $200.00) on shares of FactSet Research Systems in a research report on Monday, October 23rd. Goldman Sachs Group began coverage on shares of FactSet Research Systems in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $194.00 price target for the company. Morgan Stanley increased their price target on shares of FactSet Research Systems from $166.00 to $171.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. Northcoast Research cut shares of FactSet Research Systems from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 5th. Finally, Zacks Investment Research cut shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. FactSet Research Systems currently has a consensus rating of “Hold” and an average target price of $184.62.

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FactSet Research Systems Profile

Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

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