WINTON GROUP Ltd Invests $5.20 Million in FactSet Research Systems Inc. $FDS

WINTON GROUP Ltd purchased a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 17,931 shares of the business services provider’s stock, valued at approximately $5,203,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FDS. Jones Financial Companies Lllp raised its stake in shares of FactSet Research Systems by 5.6% during the 1st quarter. Jones Financial Companies Lllp now owns 1,727 shares of the business services provider’s stock worth $785,000 after buying an additional 91 shares during the last quarter. Empowered Funds LLC increased its position in FactSet Research Systems by 27.6% during the 1st quarter. Empowered Funds LLC now owns 972 shares of the business services provider’s stock worth $442,000 after purchasing an additional 210 shares in the last quarter. Geneos Wealth Management Inc. increased its position in FactSet Research Systems by 188.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 98 shares of the business services provider’s stock worth $45,000 after purchasing an additional 64 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in FactSet Research Systems by 58.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 138 shares of the business services provider’s stock worth $62,000 after purchasing an additional 51 shares in the last quarter. Finally, Cerity Partners LLC increased its position in FactSet Research Systems by 15.6% during the 2nd quarter. Cerity Partners LLC now owns 5,247 shares of the business services provider’s stock worth $2,347,000 after purchasing an additional 707 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.1%

FDS opened at $255.24 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.43 and a quick ratio of 1.43. The stock has a market capitalization of $9.30 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 2.22 and a beta of 0.71. The business has a 50-day moving average of $227.25 and a two-hundred day moving average of $244.29. FactSet Research Systems Inc. has a 12 month low of $185.00 and a 12 month high of $453.41.

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, beating the consensus estimate of $4.37 by $0.09. The company had revenue of $611.02 million during the quarter, compared to analysts’ expectations of $604.78 million. FactSet Research Systems had a return on equity of 30.25% and a net margin of 24.48%.The firm’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.28 EPS. On average, 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Friday, May 29th will be issued a $1.16 dividend. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.10. The ex-dividend date is Friday, May 29th. This represents a $4.64 annualized dividend and a yield of 1.8%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.84%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FDS. Barclays dropped their price objective on FactSet Research Systems from $300.00 to $210.00 and set an “underweight” rating for the company in a research report on Monday, February 23rd. Bank of America began coverage on FactSet Research Systems in a research report on Tuesday, February 17th. They set an “underperform” rating and a $195.00 price objective for the company. Wells Fargo & Company lifted their price objective on FactSet Research Systems from $195.00 to $200.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 1st. The Goldman Sachs Group dropped their price objective on FactSet Research Systems from $253.00 to $217.00 and set a “sell” rating for the company in a research report on Wednesday, April 1st. Finally, Royal Bank Of Canada dropped 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. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, nine have issued a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, FactSet Research Systems has an average rating of “Reduce” and an average price target of $279.62.

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.