FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. trimmed its position in FactSet Research Systems Inc. (NYSE:FDSFree Report) by 94.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,578 shares of the business services provider’s stock after selling 24,631 shares during the quarter. Assenagon Asset Management S.A.’s holdings in FactSet Research Systems were worth $690,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stratos Wealth Partners LTD. raised its stake in FactSet Research Systems by 12.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 2,118 shares of the business services provider’s stock valued at $926,000 after purchasing an additional 237 shares during the last quarter. Yousif Capital Management LLC increased its position in shares of FactSet Research Systems by 2.7% during the 2nd quarter. Yousif Capital Management LLC now owns 5,477 shares of the business services provider’s stock worth $2,194,000 after purchasing an additional 146 shares in the last quarter. Fiduciary Trust Co. bought a new stake in FactSet Research Systems during the 2nd quarter worth about $1,751,000. Bath Savings Trust Co grew its holdings in FactSet Research Systems by 1.7% during the 3rd quarter. Bath Savings Trust Co now owns 30,827 shares of the business services provider’s stock worth $13,479,000 after acquiring an additional 520 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in FactSet Research Systems by 820.0% during the 3rd quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock worth $40,000 after acquiring an additional 82 shares during the last quarter. Institutional investors own 89.50% of the company’s stock.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $6,147,798.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Laurie Siegel sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, December 28th. The stock was sold at an average price of $475.84, for a total value of $713,760.00. Following the completion of the transaction, the director now owns 595 shares of the company’s stock, valued at $283,124.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $476.02, for a total value of $1,428,060.00. Following the completion of the transaction, the chief executive officer now directly owns 12,915 shares of the company’s stock, valued at approximately $6,147,798.30. The disclosure for this sale can be found here. Insiders sold a total of 17,805 shares of company stock valued at $8,164,021 over the last quarter. 1.00% of the stock is owned by corporate insiders.

FactSet Research Systems Trading Down 0.0 %

Shares of FactSet Research Systems stock opened at $477.34 on Wednesday. The firm has a 50-day moving average of $463.36 and a 200-day moving average of $446.92. The stock has a market cap of $18.18 billion, a PE ratio of 38.62, a PEG ratio of 2.99 and a beta of 0.75. FactSet Research Systems Inc. has a 52-week low of $377.89 and a 52-week high of $487.79. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.68 and a current ratio of 1.68.

FactSet Research Systems (NYSE:FDSGet Free Report) last posted its quarterly earnings results on Tuesday, December 19th. The business services provider reported $4.12 EPS for the quarter, beating analysts’ consensus estimates of $4.10 by $0.02. The business had revenue of $542.20 million during the quarter, compared to the consensus estimate of $540.34 million. FactSet Research Systems had a return on equity of 34.47% and a net margin of 22.60%. FactSet Research Systems’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.99 earnings per share. As a group, sell-side analysts forecast that FactSet Research Systems Inc. will post 15.76 EPS for the current year.

FactSet Research Systems Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 21st. Investors of record on Thursday, February 29th will be paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 31.72%.

Analyst Ratings Changes

A number of equities research analysts have commented on FDS shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $480.00 price objective (up previously from $471.00) on shares of FactSet Research Systems in a report on Friday, December 8th. Royal Bank of Canada restated a “sector perform” rating and set a $464.00 target price on shares of FactSet Research Systems in a report on Wednesday, December 20th. BMO Capital Markets lifted their price objective on shares of FactSet Research Systems from $436.00 to $447.00 and gave the company a “market perform” rating in a report on Wednesday, December 20th. Finally, Stifel Nicolaus lifted their price objective on shares of FactSet Research Systems from $436.00 to $469.00 and gave the company a “hold” rating in a report on Wednesday, December 20th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $434.25.

View Our Latest Stock Report on FDS

FactSet Research Systems Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDSFree Report).

Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.