Nisa Investment Advisors LLC Sells 65 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Nisa Investment Advisors LLC trimmed its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,203 shares of the business services provider’s stock after selling 65 shares during the quarter. Nisa Investment Advisors LLC’s holdings in FactSet Research Systems were worth $5,861,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FDS. Raymond James Trust N.A. lifted its holdings in FactSet Research Systems by 2.3% during the third quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock worth $436,000 after acquiring an additional 21 shares in the last quarter. Andina Capital Management LLC raised its position in shares of FactSet Research Systems by 3.8% during the third quarter. Andina Capital Management LLC now owns 715 shares of the business services provider’s stock worth $329,000 after purchasing an additional 26 shares during the period. Wallace Advisory Group LLC lifted its holdings in shares of FactSet Research Systems by 4.2% during the 4th quarter. Wallace Advisory Group LLC now owns 894 shares of the business services provider’s stock valued at $411,000 after purchasing an additional 36 shares in the last quarter. Mitchell & Pahl Private Wealth LLC grew its position in shares of FactSet Research Systems by 2.0% in the 3rd quarter. Mitchell & Pahl Private Wealth LLC now owns 1,861 shares of the business services provider’s stock valued at $856,000 after purchasing an additional 37 shares during the period. Finally, Haverford Trust Co increased its stake in FactSet Research Systems by 4.5% during the 3rd quarter. Haverford Trust Co now owns 852 shares of the business services provider’s stock worth $392,000 after purchasing an additional 37 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company’s stock.

Insider Activity

In related news, insider John Costigan sold 1,622 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $481.00, for a total value of $780,182.00. Following the transaction, the insider now owns 299 shares in the company, valued at approximately $143,819. This represents a 84.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on FDS. Evercore ISI initiated coverage on shares of FactSet Research Systems in a report on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price target for the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 price target on shares of FactSet Research Systems in a research note on Friday, December 20th. Morgan Stanley increased their price objective on FactSet Research Systems from $373.00 to $409.00 and gave the stock an “underweight” rating in a report on Thursday, December 12th. Stifel Nicolaus boosted their target price on FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Finally, Redburn Atlantic downgraded shares of FactSet Research Systems from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $420.00 to $380.00 in a report on Wednesday, October 9th. Five analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. According to MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and an average price target of $453.46.

FactSet Research Systems Stock Performance

Shares of FDS stock opened at $466.63 on Friday. The stock has a market cap of $17.75 billion, a P/E ratio of 33.45, a P/E/G ratio of 2.92 and a beta of 0.76. The company has a fifty day moving average price of $477.77 and a two-hundred day moving average price of $453.08. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings results on Thursday, December 19th. The business services provider reported $4.37 earnings per share for the quarter, topping analysts’ consensus estimates of $4.25 by $0.12. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm had revenue of $568.70 million for the quarter, compared to the consensus estimate of $565.14 million. During the same quarter in the previous year, the business earned $4.12 earnings per share. The business’s revenue was up 4.9% compared to the same quarter last year. As a group, equities analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were given a dividend of $1.04 per share. The ex-dividend date was Friday, November 29th. This represents a $4.16 dividend on an annualized basis and a yield of 0.89%. FactSet Research Systems’s dividend payout ratio (DPR) is 29.82%.

About FactSet Research Systems

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.