Conestoga Capital Advisors LLC Has $707,000 Stock Position in FactSet Research Systems Inc. (NYSE:FDS)

Conestoga Capital Advisors LLC lowered its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 4.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,482 shares of the business services provider’s stock after selling 75 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in FactSet Research Systems were worth $707,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Global Retirement Partners LLC increased its position in FactSet Research Systems by 28.8% in the 3rd quarter. Global Retirement Partners LLC now owns 103 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 23 shares in the last quarter. Drive Wealth Management LLC increased its position in FactSet Research Systems by 5.2% in the 4th quarter. Drive Wealth Management LLC now owns 487 shares of the business services provider’s stock valued at $233,000 after acquiring an additional 24 shares in the last quarter. Naples Global Advisors LLC increased its position in FactSet Research Systems by 0.9% in the 3rd quarter. Naples Global Advisors LLC now owns 2,875 shares of the business services provider’s stock valued at $1,257,000 after acquiring an additional 25 shares in the last quarter. Institutional & Family Asset Management LLC grew its position in shares of FactSet Research Systems by 0.3% during the 3rd quarter. Institutional & Family Asset Management LLC now owns 9,660 shares of the business services provider’s stock worth $4,224,000 after buying an additional 29 shares during the period. Finally, CENTRAL TRUST Co grew its position in shares of FactSet Research Systems by 23.0% during the 4th quarter. CENTRAL TRUST Co now owns 155 shares of the business services provider’s stock worth $74,000 after buying an additional 29 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Buying and Selling

In other FactSet Research Systems 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 value of $1,356,300.00. Following the transaction, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,838,871.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on FDS shares. Wolfe Research started coverage on shares of FactSet Research Systems in a research report on Thursday. They set an “underperform” rating and a $430.00 price target for the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $464.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. BMO Capital Markets lifted their price target on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research report on Monday, March 25th. Barclays reiterated an “equal weight” rating and set a $460.00 price target (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Stifel Nicolaus reissued a “hold” rating and set a $469.00 price objective on shares of FactSet Research Systems in a research note on Friday, March 22nd. Three analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $442.70.

FactSet Research Systems Stock Performance

Shares of FDS opened at $428.67 on Thursday. 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 Inc. has a twelve month low of $380.96 and a twelve month high of $488.64. The firm’s 50 day moving average price is $461.67 and its two-hundred day moving average price is $456.32. The firm has a market cap of $16.34 billion, a P/E ratio of 33.94, a PEG ratio of 2.71 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data 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. The company had revenue of $545.95 million for the quarter, compared to the consensus estimate of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. On average, analysts forecast that FactSet Research Systems Inc. will post 15.81 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, February 29th were issued a dividend of $0.98 per share. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a yield of 0.91%. FactSet Research Systems’s payout ratio is 31.04%.

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.