Fiera Capital Corp Sells 8,662 Shares of FactSet Research Systems Inc. $FDS

Fiera Capital Corp lessened its position in FactSet Research Systems Inc. (NYSE:FDS) by 3.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 271,525 shares of the business services provider’s stock after selling 8,662 shares during the period. Fiera Capital Corp’s holdings in FactSet Research Systems were worth $78,794,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FDS. Cromwell Holdings LLC bought a new stake in FactSet Research Systems in the 4th quarter worth $26,000. WPG Advisers LLC grew its holdings in FactSet Research Systems by 76.9% in the 4th quarter. WPG Advisers LLC now owns 92 shares of the business services provider’s stock worth $27,000 after acquiring an additional 40 shares during the last quarter. Field & Main Bank bought a new stake in FactSet Research Systems in the 4th quarter worth $29,000. BOKF NA grew its holdings in FactSet Research Systems by 5,100.0% in the 3rd quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after acquiring an additional 102 shares during the last quarter. Finally, Navalign LLC bought a new stake in FactSet Research Systems in the 4th quarter worth $32,000. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Down 0.1%

NYSE:FDS opened at $255.24 on Monday. The firm has a market cap of $9.30 billion, a P/E ratio of 16.41, a P/E/G ratio of 2.22 and a beta of 0.71. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.43 and a current ratio of 1.43. FactSet Research Systems Inc. has a fifty-two week low of $185.00 and a fifty-two week high of $453.41. The firm has a 50-day simple moving average of $227.25 and a two-hundred day simple moving average of $244.09.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, March 31st. The business services provider reported $4.46 earnings per share for the quarter, beating analysts’ consensus estimates of $4.37 by $0.09. FactSet Research Systems had a net margin of 24.48% and a return on equity of 30.25%. The business had revenue of $611.02 million during the quarter, compared to analyst estimates of $604.78 million. During the same period last year, the business earned $4.28 EPS. FactSet Research Systems’s revenue was up 7.1% compared to the same quarter last year. 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 29th will be given a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a yield of 1.8%. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date is Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.84%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on FDS shares. UBS Group cut their price target on shares of FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Friday, March 27th. Wells Fargo & Company lifted their price target on shares of FactSet Research Systems from $195.00 to $200.00 and gave the company an “underweight” rating in a research report on Wednesday, April 1st. Barclays lowered their price target on shares of FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a research report on Monday, February 23rd. Finally, The Goldman Sachs Group lowered their price target on shares of FactSet Research Systems from $253.00 to $217.00 and set a “sell” rating for the company in a research 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 given a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, FactSet Research Systems has a consensus rating of “Reduce” and a consensus price target of $279.62.

FactSet Research Systems Company Profile

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.