Everpar Advisors LLC Acquires Shares of 795 FactSet Research Systems Inc. (NYSE:FDS)

Everpar Advisors LLC acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 795 shares of the business services provider’s stock, valued at approximately $379,000.

Several other institutional investors and hedge funds have also recently modified their holdings of FDS. SG Americas Securities LLC increased its holdings in shares of FactSet Research Systems by 133.2% in the third quarter. SG Americas Securities LLC now owns 659 shares of the business services provider’s stock valued at $288,000 after purchasing an additional 2,646 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of FactSet Research Systems by 4.1% in the third quarter. Commonwealth Equity Services LLC now owns 16,215 shares of the business services provider’s stock valued at $7,090,000 after acquiring an additional 638 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of FactSet Research Systems by 15.1% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 2,972 shares of the business services provider’s stock valued at $1,299,000 after acquiring an additional 389 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of FactSet Research Systems by 22.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,289 shares of the business services provider’s stock valued at $6,685,000 after acquiring an additional 2,766 shares during the period. Finally, IFM Investors Pty Ltd boosted its position in shares of FactSet Research Systems by 5.6% in the third quarter. IFM Investors Pty Ltd now owns 7,789 shares of the business services provider’s stock valued at $3,406,000 after acquiring an additional 413 shares during the period. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus reissued a “hold” rating and issued a $469.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Royal Bank of Canada reissued a “sector perform” rating and issued a $464.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Barclays reaffirmed an “equal weight” rating and set a $460.00 price objective (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. The Goldman Sachs Group upped their price objective on shares of FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research report on Friday, March 22nd. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $442.70.

FactSet Research Systems Price Performance

NYSE FDS traded down $1.56 during trading on Wednesday, hitting $433.90. 167,046 shares of the company’s stock were exchanged, compared to its average volume of 238,750. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.83. The company has a market cap of $16.54 billion, a PE ratio of 34.48, a P/E/G ratio of 2.71 and a beta of 0.73. FactSet Research Systems Inc. has a fifty-two week low of $380.96 and a fifty-two week high of $488.64. The stock’s 50 day moving average price is $445.97 and its two-hundred day moving average price is $454.13.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. The company had revenue of $545.95 million during the quarter, compared to the consensus estimate of $547.93 million. Research analysts expect that FactSet Research Systems Inc. will post 15.82 EPS for the current year.

FactSet Research Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Friday, May 31st will be paid a $1.04 dividend. The ex-dividend date is Friday, May 31st. This represents a $4.16 annualized dividend and a dividend yield of 0.96%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $0.98. FactSet Research Systems’s dividend payout ratio is currently 31.04%.

Insider Activity

In other news, EVP Robert J. Robie sold 4,336 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $431.48, for a total value of $1,870,897.28. Following the completion of the transaction, the executive vice president now owns 1,485 shares of the company’s stock, valued at $640,747.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other FactSet Research Systems news, EVP Robert J. Robie sold 4,336 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $431.48, for a total transaction of $1,870,897.28. Following the completion of the sale, the executive vice president now owns 1,485 shares of the company’s stock, valued at approximately $640,747.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the sale, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $5,838,871.50. The disclosure for this sale can be found here. Insiders sold 14,772 shares of company stock valued at $6,371,121 over the last quarter. 1.00% of the stock is owned by company insiders.

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.