Aurora Investment Counsel Acquires Shares of 6,867 FactSet Research Systems Inc. $FDS

Aurora Investment Counsel acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,867 shares of the business services provider’s stock, valued at approximately $1,993,000.

Other institutional investors have also recently bought and sold shares of the company. Cromwell Holdings LLC bought a new position in FactSet Research Systems in the 4th quarter valued at $26,000. WPG Advisers LLC grew its stake 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 valued at $27,000 after purchasing an additional 40 shares during the period. Field & Main Bank bought a new position in FactSet Research Systems in the 4th quarter valued at $29,000. BOKF NA grew its stake 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 valued at $30,000 after purchasing an additional 102 shares during the period. Finally, Navalign LLC bought a new position in FactSet Research Systems in the 4th quarter valued at $32,000. Institutional investors own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FDS. Royal Bank Of Canada reduced their price objective on FactSet Research Systems from $243.00 to $240.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 27th. UBS Group reduced their price objective on FactSet Research Systems from $425.00 to $380.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Barclays reduced their price objective on FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a research note on Monday, February 23rd. The Goldman Sachs Group dropped their price target on FactSet Research Systems from $253.00 to $217.00 and set a “sell” rating on the stock in a research report on Wednesday, April 1st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Friday, March 27th. One equities 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 stock. According to data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Reduce” and an average price target of $279.62.

FactSet Research Systems Stock Up 2.2%

Shares of NYSE FDS opened at $241.74 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 current ratio of 1.43 and a quick ratio of 1.43. The business’s fifty day moving average price is $230.82 and its 200-day moving average price is $243.29. The stock has a market capitalization of $8.81 billion, a PE ratio of 15.55, a P/E/G ratio of 2.09 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last issued its quarterly 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 firm had revenue of $611.02 million for the quarter, compared to analysts’ expectations of $604.78 million. During the same quarter in the prior year, the firm earned $4.28 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 17.66 EPS for the current 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 given a dividend of $1.16 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s payout ratio is currently 29.84%.

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.