FactSet Research Systems Inc. $FDS Shares Acquired by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. grew its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 10.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,210 shares of the business services provider’s stock after buying an additional 2,676 shares during the period. GHP Investment Advisors Inc. owned 0.07% of FactSet Research Systems worth $5,904,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FDS. Louisiana State Employees Retirement System acquired a new position in FactSet Research Systems in the first quarter valued at $412,000. KFG Wealth Management LLC boosted its holdings in shares of FactSet Research Systems by 20.9% in the 1st quarter. KFG Wealth Management LLC now owns 1,248 shares of the business services provider’s stock valued at $271,000 after purchasing an additional 216 shares during the last quarter. Hendley & Co. Inc. grew its stake in shares of FactSet Research Systems by 166.0% during the 1st quarter. Hendley & Co. Inc. now owns 19,820 shares of the business services provider’s stock valued at $4,301,000 after buying an additional 12,370 shares during the period. SG Americas Securities LLC grew its stake in shares of FactSet Research Systems by 240.5% during the 1st quarter. SG Americas Securities LLC now owns 70,920 shares of the business services provider’s stock valued at $15,389,000 after buying an additional 50,092 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in FactSet Research Systems by 683.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 33,094 shares of the business services provider’s stock valued at $9,604,000 after acquiring an additional 28,872 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $232.00 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.64. FactSet Research Systems Inc. has a twelve month low of $185.00 and a twelve month high of $453.41. The business has a 50 day simple moving average of $230.82 and a 200-day simple moving average of $239.48. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 14.92, a price-to-earnings-growth ratio of 1.74 and a beta of 0.71.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Tuesday, March 31st. The business services provider reported $4.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.37 by $0.09. The business had revenue of $611.02 million for the quarter, compared to the consensus estimate of $604.78 million. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The business’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $4.28 EPS. As a group, equities research analysts expect that FactSet Research Systems Inc. will post 17.66 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, May 29th were paid a dividend of $1.16 per share. This is an increase from FactSet Research Systems’s previous quarterly dividend of $1.10. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Friday, May 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.84%.

Analyst Ratings Changes

A number of brokerages have weighed in on FDS. Rothschild & Co Redburn cut shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and set a $215.00 price target on the stock. in a research report on Thursday, June 18th. Royal Bank Of Canada cut their price objective on FactSet Research Systems from $243.00 to $240.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 27th. The Goldman Sachs Group downgraded FactSet Research Systems from a “sell” rating to an “underweight” rating in a report on Thursday, June 18th. UBS Group decreased their price target 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 increased their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $267.69.

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.