Stevens Capital Management LP Makes New $1.92 Million Investment in FactSet Research Systems Inc. (NYSE:FDS)

Stevens Capital Management LP purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,021 shares of the business services provider’s stock, valued at approximately $1,918,000.

Other large investors also recently bought and sold shares of the company. Criterion Capital Advisors LLC purchased a new stake in FactSet Research Systems during the 4th quarter worth about $30,000. Desjardins Global Asset Management Inc. boosted its position in shares of FactSet Research Systems by 69.4% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock worth $40,000 after acquiring an additional 34 shares in the last quarter. IFP Advisors Inc boosted its position in shares of FactSet Research Systems by 71.4% during the 3rd quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock worth $37,000 after acquiring an additional 35 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of FactSet Research Systems by 820.0% during the 3rd quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock worth $40,000 after acquiring an additional 82 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its position in shares of FactSet Research Systems by 28.8% during the 3rd quarter. Global Retirement Partners LLC now owns 103 shares of the business services provider’s stock worth $46,000 after acquiring an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 0.7 %

Shares of NYSE:FDS traded up $2.76 during midday trading on Friday, reaching $421.47. The company’s stock had a trading volume of 185,143 shares, compared to its average volume of 241,371. The firm has a market cap of $16.07 billion, a price-to-earnings ratio of 33.15, a price-to-earnings-growth ratio of 2.60 and a beta of 0.72. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83. FactSet Research Systems Inc. has a 1 year low of $380.96 and a 1 year high of $488.64. The business has a 50 day moving average price of $451.29 and a 200 day moving average price of $455.19.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $545.95 million during the quarter, compared to the consensus estimate of $547.93 million. Research analysts forecast that FactSet Research Systems Inc. will post 15.83 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were given a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 0.93%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems’s payout ratio is 31.04%.

Insider Transactions at FactSet Research Systems

In other news, CEO Frederick Philip Snow sold 3,000 shares of the company’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 sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $6,147,798.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on FDS. The Goldman Sachs Group upped 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. Barclays reaffirmed an “equal weight” rating and set a $460.00 price objective (down from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Oppenheimer reissued a “market perform” rating 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. Finally, Wolfe Research started coverage on FactSet Research Systems in a research report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 target price for the company. Three investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $442.70.

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.