Tyche Wealth Partners LLC Purchases Shares of 598 FactSet Research Systems Inc. (NYSE:FDS)

Tyche Wealth Partners LLC purchased a new stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 598 shares of the business services provider’s stock, valued at approximately $285,000.

Several other large investors have also added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of FactSet Research Systems by 4.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,020 shares of the business services provider’s stock worth $7,642,000 after buying an additional 731 shares in the last quarter. Desjardins Global Asset Management Inc. lifted its holdings in shares of FactSet Research Systems by 69.4% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock worth $40,000 after buying an additional 34 shares in the last quarter. Cookson Peirce & Co. Inc. purchased a new position in shares of FactSet Research Systems in the fourth quarter worth $8,833,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of FactSet Research Systems in the fourth quarter worth $205,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of FactSet Research Systems by 1.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 7,750 shares of the business services provider’s stock worth $3,696,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 0.5 %

FDS stock opened at $429.25 on Thursday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83. FactSet Research Systems Inc. has a twelve month low of $380.96 and a twelve month high of $488.64. The stock has a market capitalization of $16.36 billion, a price-to-earnings ratio of 33.99, a price-to-earnings-growth ratio of 2.63 and a beta of 0.72. The firm’s fifty day simple moving average is $456.17 and its two-hundred day simple moving average is $455.98.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The business had revenue of $545.95 million for the quarter, compared to analysts’ expectations of $547.93 million. As a group, analysts anticipate that FactSet Research Systems Inc. will post 15.83 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were given a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is 31.04%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. BMO Capital Markets boosted their target price on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a report on Monday, March 25th. Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. Royal Bank of Canada restated a “sector perform” rating and issued a $464.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, The Goldman Sachs Group boosted their price target on shares of FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research report on Friday, March 22nd. Three equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. Based on data from MarketBeat.com, FactSet Research Systems has an average rating of “Hold” and a consensus price target of $442.70.

Insider Buying and Selling 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 on Monday, April 1st. The shares were sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the transaction, the chief executive officer now owns 12,915 shares in the company, valued at $5,838,871.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

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.