Drucker Wealth 3.0 LLC Purchases 4,183 Shares of FactSet Research Systems Inc. $FDS

Drucker Wealth 3.0 LLC increased its position in FactSet Research Systems Inc. (NYSE:FDS) by 186.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,422 shares of the business services provider’s stock after buying an additional 4,183 shares during the quarter. Drucker Wealth 3.0 LLC’s holdings in FactSet Research Systems were worth $1,393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the business. Cromwell Holdings LLC bought a new position in shares of FactSet Research Systems during the fourth quarter worth about $26,000. WPG Advisers LLC lifted its position in shares of 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 purchasing an additional 40 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of FactSet Research Systems by 188.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 64 shares during the last quarter. Field & Main Bank acquired a new stake in shares of FactSet Research Systems during the fourth quarter worth $29,000. Finally, BOKF NA increased its position in shares of FactSet Research Systems by 5,100.0% during the third quarter. BOKF NA now owns 104 shares of the business services provider’s stock worth $30,000 after buying an additional 102 shares during the period. Institutional investors own 91.24% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FDS. Wells Fargo & Company lifted their target price on shares of FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 1st. 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 research report on Wednesday, April 1st. Rothschild & Co Redburn downgraded FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target for the company. in a report on Thursday, June 18th. Royal Bank Of Canada lowered 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 report on Wednesday, May 27th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have issued a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $267.69.

FactSet Research Systems Stock Up 0.6%

FactSet Research Systems stock opened at $233.20 on Tuesday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.64. FactSet Research Systems Inc. has a 12-month low of $185.00 and a 12-month high of $453.41. The firm’s fifty day moving average is $230.84 and its 200 day moving average is $238.76. The company has a market capitalization of $8.50 billion, a PE ratio of 15.00, a PEG ratio of 1.93 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.46 EPS for the quarter, topping 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 analysts’ expectations of $604.78 million. During the same period last year, the company posted $4.28 earnings per share. The business’s quarterly revenue was up 7.1% on a year-over-year basis. As a group, sell-side analysts predict that FactSet Research Systems Inc. will post 17.66 EPS for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, May 29th were paid a $1.16 dividend. The ex-dividend date was Friday, May 29th. This represents a $4.64 annualized dividend and a dividend yield of 2.0%. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s dividend payout ratio (DPR) is 29.84%.

FactSet Research Systems 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.