3,064 Shares in FactSet Research Systems Inc. $FDS Purchased by Sivia Capital Partners LLC

Sivia Capital Partners LLC purchased a new position in FactSet Research Systems Inc. (NYSE:FDS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,064 shares of the business services provider’s stock, valued at approximately $889,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FDS. Cromwell Holdings LLC bought a new stake in FactSet Research Systems in the 4th quarter valued at about $26,000. WPG Advisers LLC raised its stake in FactSet Research Systems by 76.9% in the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 40 shares during the period. Field & Main Bank bought a new stake in FactSet Research Systems in the 4th quarter valued at about $29,000. BOKF NA raised its stake in FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 102 shares during the period. Finally, Navalign LLC bought a new stake in FactSet Research Systems in the 4th quarter valued at about $32,000. 91.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FDS has been the topic of a number of research reports. Royal Bank Of Canada lowered their price objective on FactSet Research Systems from $243.00 to $240.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 27th. The Goldman Sachs Group lowered their price objective on FactSet Research Systems from $253.00 to $217.00 and set a “sell” rating on the stock in a research note on Wednesday, April 1st. UBS Group lowered their price objective on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Wells Fargo & Company boosted their price objective on FactSet Research Systems from $195.00 to $200.00 and gave the company an “underweight” rating in a research note on Wednesday, April 1st. Finally, Bank of America initiated coverage on FactSet Research Systems in a research note on Tuesday, February 17th. They issued an “underperform” rating and a $195.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $279.62.

FactSet Research Systems Trading Up 0.9%

Shares of FDS opened at $255.63 on Friday. The business’s 50-day moving average price is $226.02 and its 200-day moving average price is $244.22. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $453.41. The stock has a market cap of $9.31 billion, a PE ratio of 16.44, a P/E/G ratio of 2.20 and a beta of 0.71. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.64.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.46 earnings per share for the quarter, beating the consensus estimate of $4.37 by $0.09. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The firm had revenue of $611.02 million for the quarter, compared to analysts’ expectations of $604.78 million. During the same period in the prior year, the business posted $4.28 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. On average, equities analysts forecast that FactSet Research Systems Inc. will post 17.66 EPS for the current fiscal year.

FactSet Research Systems Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, May 29th will be given a dividend of $1.16 per share. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 29.84%.

FactSet Research Systems Profile

FactSet Research Systems Inc operates as a global provider of integrated financial data and analytics to the investment community. Founded in 1978 and headquartered in Norwalk, Connecticut, the company offers a unified platform that aggregates content from thousands of sources, delivering real-time and historical market data, company fundamentals, estimates, fixed-income information and proprietary analytics to portfolio managers, research analysts, investment bankers and risk officers.

The company’s core products include the FactSet Workstation, an application offering customizable screening, charting, portfolio analysis and news; APIs and data feeds for seamless integration into proprietary systems; and cloud-based solutions for thematic research and quantitative strategies.