Everett Harris & Co. CA Purchases 561 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Everett Harris & Co. CA lifted its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 148,472 shares of the business services provider’s stock after acquiring an additional 561 shares during the period. FactSet Research Systems makes up about 1.0% of Everett Harris & Co. CA’s portfolio, making the stock its 24th largest holding. Everett Harris & Co. CA owned approximately 0.39% of FactSet Research Systems worth $70,829,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FDS. American Century Companies Inc. grew its position in FactSet Research Systems by 10.8% in the first quarter. American Century Companies Inc. now owns 3,246 shares of the business services provider’s stock valued at $1,409,000 after acquiring an additional 317 shares during the last quarter. Panagora Asset Management Inc. boosted its stake in shares of FactSet Research Systems by 9.3% in the 1st quarter. Panagora Asset Management Inc. now owns 2,236 shares of the business services provider’s stock valued at $971,000 after purchasing an additional 190 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in FactSet Research Systems by 7.0% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,057 shares of the business services provider’s stock worth $2,195,000 after purchasing an additional 332 shares in the last quarter. Cibc World Market Inc. lifted its stake in FactSet Research Systems by 4.2% in the 1st quarter. Cibc World Market Inc. now owns 897 shares of the business services provider’s stock valued at $389,000 after purchasing an additional 36 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its position in FactSet Research Systems by 49.5% in the first quarter. Vontobel Holding Ltd. now owns 1,051 shares of the business services provider’s stock valued at $463,000 after buying an additional 348 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Activity

In other news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares in the company, valued at approximately $6,147,798.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Laurie Siegel sold 1,500 shares of FactSet Research Systems stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $475.84, for a total value of $713,760.00. Following the completion of the transaction, the director now directly owns 595 shares in the company, valued at $283,124.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Frederick Philip Snow sold 3,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $476.02, for a total value of $1,428,060.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $6,147,798.30. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

FactSet Research Systems Stock Up 0.8 %

NYSE:FDS traded up $3.52 during trading hours on Wednesday, hitting $447.38. 312,541 shares of the company traded hands, compared to its average volume of 230,486. The company has a quick ratio of 1.68, a current ratio of 1.79 and a debt-to-equity ratio of 0.83. The company has a market cap of $17.04 billion, a PE ratio of 35.42, a PEG ratio of 2.74 and a beta of 0.73. The firm’s 50-day simple moving average is $467.69 and its 200-day simple moving average is $455.47. FactSet Research Systems Inc. has a one year low of $380.96 and a one year high of $488.64.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, beating the consensus estimate of $3.83 by $0.39. The firm had revenue of $545.95 million during the quarter, compared to analyst estimates of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. Equities analysts predict that FactSet Research Systems Inc. will post 15.78 earnings per share for the current year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were given a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 0.88%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio is 31.04%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FDS shares. The Goldman Sachs Group boosted their price objective on FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research report on Friday, March 22nd. Royal Bank of Canada reiterated a “sector perform” rating and set a $464.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Barclays reaffirmed an “equal weight” rating and set a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $480.00 price objective (up previously from $471.00) on shares of FactSet Research Systems in a report on Friday, December 8th. Two investment analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $444.11.

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.