FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,356 shares of the business services provider’s stock after acquiring an additional 1,681 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA owned approximately 0.11% of FactSet Research Systems worth $20,634,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC lifted its holdings in shares of FactSet Research Systems by 93.5% in the 4th quarter. Larson Financial Group LLC now owns 178 shares of the business services provider’s stock worth $85,000 after purchasing an additional 86 shares during the last quarter. California Public Employees Retirement System boosted its holdings in shares of FactSet Research Systems by 1.5% during the fourth quarter. California Public Employees Retirement System now owns 206,074 shares of the business services provider’s stock valued at $98,308,000 after acquiring an additional 3,110 shares during the period. Duality Advisers LP bought a new position in shares of FactSet Research Systems during the fourth quarter worth about $816,000. CWM LLC lifted its position in FactSet Research Systems by 8.1% in the 4th quarter. CWM LLC now owns 855 shares of the business services provider’s stock valued at $408,000 after purchasing an additional 64 shares during the last quarter. Finally, Criterion Capital Advisors LLC acquired a new position in FactSet Research Systems during the 4th quarter valued at about $30,000. Institutional investors own 91.24% of the company’s stock.

Insider Activity at FactSet Research Systems

In related news, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction 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 completion of 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is owned by company insiders.

FactSet Research Systems Price Performance

Shares of NYSE FDS traded up $4.55 during trading on Monday, hitting $438.57. The company had a trading volume of 286,392 shares, compared to its average volume of 240,582. The company has a market cap of $16.72 billion, a P/E ratio of 34.72, a PEG ratio of 2.67 and a beta of 0.72. The business’s 50-day moving average is $453.84 and its 200 day moving average is $455.90. FactSet Research Systems Inc. has a 52 week low of $380.96 and a 52 week high of $488.64. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping the consensus estimate of $3.83 by $0.39. The company had revenue of $545.95 million for 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 research analysts predict that FactSet Research Systems Inc. will post 15.83 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio is 31.04%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Wolfe Research initiated coverage on shares of FactSet Research Systems in a research note on Thursday, April 11th. They issued an “underperform” rating and a $430.00 price target on the stock. Barclays restated an “equal weight” rating and issued a $460.00 target price (down from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Stifel Nicolaus reiterated a “hold” rating and set a $469.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. The Goldman Sachs Group raised their price target on FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a report on Friday, March 22nd. Finally, BMO Capital Markets upped their price objective on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a report on Monday, March 25th. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat, FactSet Research Systems has an average rating of “Hold” and a consensus target price of $442.70.

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.