ICW Investment Advisors LLC Buys 41 Shares of FactSet Research Systems Inc. (NYSE:FDS)

ICW Investment Advisors LLC boosted its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,402 shares of the business services provider’s stock after buying an additional 41 shares during the period. ICW Investment Advisors LLC’s holdings in FactSet Research Systems were worth $2,100,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FDS. Morgan Stanley boosted its stake in FactSet Research Systems by 100.1% during the 3rd quarter. Morgan Stanley now owns 1,396,225 shares of the business services provider’s stock valued at $610,515,000 after purchasing an additional 698,611 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in FactSet Research Systems by 671.0% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 243,829 shares of the business services provider’s stock valued at $106,617,000 after purchasing an additional 212,204 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in FactSet Research Systems during the 4th quarter valued at $45,288,000. JPMorgan Chase & Co. boosted its stake in FactSet Research Systems by 15.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 503,467 shares of the business services provider’s stock valued at $220,146,000 after purchasing an additional 66,986 shares during the last quarter. Finally, Nordea Investment Management AB boosted its stake in FactSet Research Systems by 45.1% during the 3rd quarter. Nordea Investment Management AB now owns 185,103 shares of the business services provider’s stock valued at $81,723,000 after purchasing an additional 57,502 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Price Performance

NYSE:FDS traded up $4.56 on Wednesday, reaching $421.45. 75,894 shares of the company’s stock traded hands, compared to its average volume of 239,152. FactSet Research Systems Inc. has a 12 month low of $380.96 and a 12 month high of $488.64. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83. The stock has a 50-day simple moving average of $449.04 and a 200-day simple moving average of $454.60. The firm has a market cap of $16.06 billion, a PE ratio of 33.16, a P/E/G ratio of 2.60 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. The firm had revenue of $545.95 million for the quarter, compared to analysts’ expectations of $547.93 million. Equities research analysts forecast that FactSet Research Systems Inc. will post 15.83 earnings per share for the current year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Thursday, February 29th were given a $0.98 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 annualized dividend and a yield of 0.93%. FactSet Research Systems’s dividend payout ratio is currently 31.04%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on FDS shares. Stifel Nicolaus restated a “hold” rating and issued a $469.00 price target on shares of FactSet Research Systems in a research note on Friday, March 22nd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $464.00 target price on shares of FactSet Research Systems in a report on Friday, March 22nd. Barclays reaffirmed an “equal weight” rating and issued a $460.00 target price (down from $480.00) on shares of FactSet Research Systems in a report on Friday, March 22nd. Oppenheimer reaffirmed a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Wolfe Research assumed coverage on FactSet Research Systems in a report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $442.70.

Insider Buying and Selling

In related news, CAO Gregory T. Moskoff sold 330 shares of FactSet Research Systems stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $419.50, for a total value of $138,435.00. Following the completion of the transaction, the chief accounting officer now owns 72 shares in the company, valued at $30,204. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $452.10, for a total transaction of $1,356,300.00. Following the completion of the transaction, the chief executive officer now owns 12,915 shares in the company, valued at $5,838,871.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Gregory T. Moskoff sold 330 shares of the business’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $419.50, for a total value of $138,435.00. Following the transaction, the chief accounting officer now owns 72 shares of the company’s stock, valued at approximately $30,204. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,330 shares of company stock worth $2,922,795. Corporate 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.