Thrivent Financial for Lutherans Has $1.95 Million Position in FactSet Research Systems Inc. (FDS)

Thrivent Financial for Lutherans increased its position in FactSet Research Systems Inc. (NYSE:FDS) by 6.1% in the 4th quarter, HoldingsChannel reports. The fund owned 9,737 shares of the business services provider’s stock after buying an additional 563 shares during the quarter. Thrivent Financial for Lutherans’ holdings in FactSet Research Systems were worth $1,949,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Great Lakes Advisors LLC boosted its position in shares of FactSet Research Systems by 0.5% during the 3rd quarter. Great Lakes Advisors LLC now owns 9,165 shares of the business services provider’s stock valued at $2,050,000 after acquiring an additional 50 shares during the last quarter. Paradigm Asset Management Co. LLC boosted its position in shares of FactSet Research Systems by 6.7% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 800 shares of the business services provider’s stock valued at $179,000 after acquiring an additional 50 shares during the last quarter. Mission Wealth Management LP boosted its position in shares of FactSet Research Systems by 3.8% during the 4th quarter. Mission Wealth Management LP now owns 1,632 shares of the business services provider’s stock valued at $327,000 after acquiring an additional 59 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of FactSet Research Systems by 3.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 2,044 shares of the business services provider’s stock valued at $409,000 after acquiring an additional 63 shares during the last quarter. Finally, Penobscot Investment Management Company Inc. boosted its position in shares of FactSet Research Systems by 5.2% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 1,405 shares of the business services provider’s stock valued at $281,000 after acquiring an additional 70 shares during the last quarter. 92.16% of the stock is owned by institutional investors.

A number of research analysts have recently commented on the company. DA Davidson increased their target price on FactSet Research Systems to $214.00 and gave the company a “neutral” rating in a research report on Wednesday, March 27th. Cantor Fitzgerald increased their target price on FactSet Research Systems from $209.00 to $240.00 and gave the company a “neutral” rating in a research report on Wednesday, March 27th. Morgan Stanley raised their price target on FactSet Research Systems from $211.00 to $220.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 27th. Deutsche Bank raised their price target on FactSet Research Systems from $217.00 to $245.00 and gave the stock a “hold” rating in a research report on Wednesday, March 27th. Finally, Piper Jaffray Companies raised their price target on FactSet Research Systems from $211.00 to $262.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 27th. Eleven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $236.18.

Shares of FDS opened at $249.27 on Tuesday. The firm has a market capitalization of $9.44 billion, a P/E ratio of 29.22, a P/E/G ratio of 2.51 and a beta of 1.11. FactSet Research Systems Inc. has a 52-week low of $184.48 and a 52-week high of $249.92. The company has a quick ratio of 2.49, a current ratio of 2.45 and a debt-to-equity ratio of 0.96.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Tuesday, March 26th. The business services provider reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.34 by $0.08. The company had revenue of $354.90 million during the quarter, compared to the consensus estimate of $356.46 million. FactSet Research Systems had a return on equity of 64.58% and a net margin of 22.45%. FactSet Research Systems’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the company earned $2.12 earnings per share. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 9.59 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 19th. Investors of record on Thursday, February 28th were given a $0.64 dividend. The ex-dividend date was Wednesday, February 27th. This represents a $2.56 dividend on an annualized basis and a yield of 1.03%. FactSet Research Systems’s dividend payout ratio is presently 30.01%.

In other FactSet Research Systems news, EVP Robert J. Robie sold 10,459 shares of the stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $241.34, for a total value of $2,524,175.06. Following the sale, the executive vice president now owns 4,331 shares in the company, valued at $1,045,243.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Frederick Philip Snow sold 1,182 shares of the stock in a transaction on Wednesday, January 2nd. The stock was sold at an average price of $200.00, for a total value of $236,400.00. Following the completion of the sale, the chief executive officer now owns 4,870 shares in the company, valued at approximately $974,000. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 30,391 shares of company stock valued at $6,631,923. 2.30% of the stock is owned by corporate insiders.

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FactSet Research Systems Company Profile

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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

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