Stratos Wealth Advisors LLC Sells 48 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Stratos Wealth Advisors LLC trimmed its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,887 shares of the business services provider’s stock after selling 48 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in FactSet Research Systems were worth $900,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. First Capital Advisors Group LLC. bought a new stake in shares of FactSet Research Systems during the 2nd quarter worth $30,000. Clear Street Markets LLC boosted its holdings in shares of FactSet Research Systems by 94.9% in the 1st quarter. Clear Street Markets LLC now owns 76 shares of the business services provider’s stock worth $32,000 after purchasing an additional 37 shares in the last quarter. Tyler Stone Wealth Management bought a new position in shares of FactSet Research Systems during the 2nd quarter valued at about $32,000. IFP Advisors Inc raised its holdings in shares of FactSet Research Systems by 71.4% during the 3rd quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock valued at $37,000 after buying an additional 35 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new stake in FactSet Research Systems in the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on FDS. Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. The Goldman Sachs Group boosted their target price on shares of FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a report on Friday, March 22nd. BMO Capital Markets lifted their price target on shares of FactSet Research Systems from $447.00 to $458.00 and gave the company a “market perform” rating in a research note on Monday, March 25th. Stifel Nicolaus reaffirmed a “hold” rating and set a $469.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Barclays reiterated an “equal weight” rating and set a $460.00 price objective (down previously from $480.00) on shares of FactSet Research Systems in a report on Friday, March 22nd. Two equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $444.11.

Insiders Place Their Bets

In related news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $452.10, for a total value of $1,356,300.00. Following the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $5,838,871.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by company insiders.

FactSet Research Systems Price Performance

FactSet Research Systems stock opened at $433.17 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. FactSet Research Systems Inc. has a 1 year low of $380.96 and a 1 year high of $488.64. The company has a market capitalization of $16.51 billion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 2.67 and a beta of 0.72. The company’s 50 day simple moving average is $464.05 and its 200-day simple moving average is $456.39.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share for the quarter, topping the consensus estimate of $3.83 by $0.39. The business had revenue of $545.95 million for the quarter, compared to analyst estimates of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. As a group, equities research analysts expect that FactSet Research Systems Inc. will post 15.81 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were paid a dividend of $0.98 per share. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.90%. FactSet Research Systems’s dividend payout ratio (DPR) is 31.04%.

FactSet Research Systems Profile

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.