FactSet Research Systems Inc. (FDS) is Tandem Investment Advisors Inc.’s 4th Largest Position

Tandem Investment Advisors Inc. boosted its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 1.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 64,557 shares of the business services provider’s stock after acquiring an additional 620 shares during the quarter. FactSet Research Systems comprises 4.3% of Tandem Investment Advisors Inc.’s portfolio, making the stock its 4th largest holding. Tandem Investment Advisors Inc.’s holdings in FactSet Research Systems were worth $12,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. ETF Managers Group LLC acquired a new stake in FactSet Research Systems in the 2nd quarter valued at approximately $121,000. Mountain Capital Investment Advisors Inc acquired a new stake in FactSet Research Systems in the 2nd quarter valued at approximately $126,000. Turner Investments LLC acquired a new stake in FactSet Research Systems in the 3rd quarter valued at approximately $144,000. Fieldpoint Private Securities LLC acquired a new stake in FactSet Research Systems in the 3rd quarter valued at approximately $195,000. Finally, Visionary Asset Management Inc. acquired a new position in shares of FactSet Research Systems during the 3rd quarter valued at $205,000. Hedge funds and other institutional investors own 93.68% of the company’s stock.

FDS has been the topic of several research analyst reports. Northcoast Research upgraded FactSet Research Systems from a “neutral” rating to a “buy” rating and set a $195.00 price target on the stock in a research report on Thursday, September 21st. Zacks Investment Research upgraded FactSet Research Systems from a “hold” rating to a “buy” rating and set a $187.00 price target on the stock in a research report on Friday, September 22nd. Credit Suisse Group reiterated an “outperform” rating and set a $200.00 price target (up from $190.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th. Morgan Stanley reiterated an “equal weight” rating and set a $166.00 price target (up from $157.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $169.00 price target (up from $163.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $183.46.

FactSet Research Systems Inc. (NYSE FDS) traded down $2.64 on Tuesday, hitting $194.29. The stock had a trading volume of 385,100 shares, compared to its average volume of 330,140. The company has a market cap of $7,600.00, a price-to-earnings ratio of 29.35, a PEG ratio of 2.24 and a beta of 0.97. The company has a current ratio of 2.64, a quick ratio of 2.04 and a debt-to-equity ratio of 0.93. FactSet Research Systems Inc. has a 1-year low of $155.09 and a 1-year high of $207.25.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.06. The business had revenue of $329.10 million during the quarter, compared to analyst estimates of $330.49 million. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The company’s revenue was up 14.2% compared to the same quarter last year. During the same period last year, the company posted $1.75 EPS. equities research analysts expect that FactSet Research Systems Inc. will post 8.32 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Thursday, November 30th were paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 1.15%. The ex-dividend date was Wednesday, November 29th. FactSet Research Systems’s dividend payout ratio is presently 33.84%.

In other news, VP Matthew J. Mcnulty sold 1,400 shares of the firm’s stock in a transaction on Saturday, December 29th. The stock was sold at an average price of $192.70, for a total value of $269,780.00. Following the completion of the sale, the vice president now owns 3,248 shares of the company’s stock, valued at $625,889.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott A. Billeadeau sold 2,419 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $192.30, for a total value of $465,173.70. Following the completion of the sale, the director now directly owns 4,419 shares of the company’s stock, valued at approximately $849,773.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,219 shares of company stock valued at $1,004,734. Corporate insiders own 2.80% of the company’s stock.

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FactSet Research Systems Company Profile

Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

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Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

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