Sivia Capital Partners LLC Takes Position in FactSet Research Systems Inc. $FDS

Sivia Capital Partners LLC acquired a new position in FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,064 shares of the business services provider’s stock, valued at approximately $889,000.

Several other institutional investors also recently modified their holdings of FDS. Northwestern Mutual Wealth Management Co. increased its position in shares of FactSet Research Systems by 444,058.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,857,733 shares of the business services provider’s stock worth $4,021,376,000 after purchasing an additional 13,854,613 shares during the last quarter. Norges Bank bought a new position in shares of FactSet Research Systems in the fourth quarter worth approximately $151,492,000. M&T Bank Corp increased its position in shares of FactSet Research Systems by 3,285.3% in the fourth quarter. M&T Bank Corp now owns 307,923 shares of the business services provider’s stock worth $89,356,000 after purchasing an additional 298,827 shares during the last quarter. Two Sigma Investments LP increased its position in shares of FactSet Research Systems by 1,356.3% in the third quarter. Two Sigma Investments LP now owns 279,768 shares of the business services provider’s stock worth $80,151,000 after purchasing an additional 260,557 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of FactSet Research Systems by 69.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 455,371 shares of the business services provider’s stock worth $132,144,000 after purchasing an additional 186,665 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on FDS shares. Weiss Ratings restated a “sell (d+)” rating on shares of FactSet Research Systems in a research report on Friday, March 27th. Barclays decreased their price objective on shares of FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating on the stock in a research report on Monday, February 23rd. Wells Fargo & Company upped their price objective on shares of FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 1st. UBS Group decreased their price objective 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. Finally, Royal Bank Of Canada decreased their price objective on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $279.62.

FactSet Research Systems Price Performance

Shares of NYSE:FDS opened at $255.63 on Friday. The stock has a market cap of $9.31 billion, a PE ratio of 16.44, a PEG ratio of 2.20 and a beta of 0.71. The company’s fifty day moving average is $226.02 and its 200 day moving average is $244.22. FactSet Research Systems Inc. has a 52 week low of $185.00 and a 52 week high of $453.41. 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 (NYSE:FDS) last issued its 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. The company had revenue of $611.02 million for the quarter, compared to analysts’ expectations of $604.78 million. FactSet Research Systems had a net margin of 24.48% and a return on equity of 30.25%. The firm’s revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $4.28 EPS. Research analysts anticipate that FactSet Research Systems Inc. will post 17.66 earnings per share for the current year.

FactSet Research Systems Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Friday, May 29th will be given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, May 29th. This is a boost from FactSet Research Systems’s previous quarterly dividend of $1.10. FactSet Research Systems’s dividend payout ratio is 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.