WINTON GROUP Ltd Invests $5.20 Million in FactSet Research Systems Inc. $FDS

WINTON GROUP Ltd purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 17,931 shares of the business services provider’s stock, valued at approximately $5,203,000.

Other hedge funds have also recently modified their holdings of the company. Mattern Capital Management LLC lifted its holdings in shares of FactSet Research Systems by 48.8% during the fourth quarter. Mattern Capital Management LLC now owns 30,391 shares of the business services provider’s stock worth $8,819,000 after purchasing an additional 9,971 shares during the period. Nuance Investments LLC acquired a new stake in shares of FactSet Research Systems during the third quarter worth $2,733,000. Fiera Capital Corp lifted its holdings in shares of FactSet Research Systems by 5.3% during the third quarter. Fiera Capital Corp now owns 280,187 shares of the business services provider’s stock worth $80,271,000 after purchasing an additional 14,133 shares during the period. Mcdonald Capital Investors Inc. CA acquired a new stake in shares of FactSet Research Systems during the third quarter worth $28,320,000. Finally, Heron Bay Capital Management lifted its holdings in shares of FactSet Research Systems by 52.6% during the third quarter. Heron Bay Capital Management now owns 55,359 shares of the business services provider’s stock worth $15,860,000 after purchasing an additional 19,072 shares during the period. 91.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FDS has been the subject of several recent research reports. The Goldman Sachs Group decreased their price target on FactSet Research Systems from $253.00 to $217.00 and set a “sell” rating for the company in a report on Wednesday, April 1st. Bank of America began coverage on FactSet Research Systems in a report on Tuesday, February 17th. They set an “underperform” rating and a $195.00 price target for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of FactSet Research Systems in a report on Friday, March 27th. UBS Group reduced their target price on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, Wells Fargo & Company raised their target price on FactSet Research Systems from $195.00 to $200.00 and gave the company an “underweight” rating in a report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $279.62.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $255.24 on Friday. FactSet Research Systems Inc. has a one year low of $185.00 and a one year high of $453.41. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.43 and a current ratio of 1.43. The business has a fifty day moving average of $227.25 and a two-hundred day moving average of $244.29. The company has a market cap of $9.30 billion, a P/E ratio of 16.41, a price-to-earnings-growth ratio of 2.22 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, March 31st. The business services provider reported $4.46 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $611.02 million during the quarter, compared to the consensus estimate of $604.78 million. During the same quarter last year, the company earned $4.28 earnings per share. FactSet Research Systems’s quarterly revenue was up 7.1% compared to the same quarter last year. As a group, analysts predict that FactSet Research Systems Inc. will post 17.66 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

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

About FactSet Research Systems

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.