Venturi Wealth Management LLC Has $1.33 Million Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Venturi Wealth Management LLC cut its position in FactSet Research Systems Inc. (NYSE:FDSFree Report) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,795 shares of the business services provider’s stock after selling 178 shares during the period. Venturi Wealth Management LLC’s holdings in FactSet Research Systems were worth $1,334,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of FactSet Research Systems by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 4,298,111 shares of the business services provider’s stock valued at $1,866,025,000 after buying an additional 52,604 shares during the period. Bamco Inc. NY boosted its stake in FactSet Research Systems by 0.3% during the 3rd quarter. Bamco Inc. NY now owns 2,751,596 shares of the business services provider’s stock valued at $1,203,163,000 after purchasing an additional 8,862 shares during the last quarter. State Street Corp boosted its stake in FactSet Research Systems by 1.7% during the 1st quarter. State Street Corp now owns 1,988,080 shares of the business services provider’s stock valued at $863,125,000 after purchasing an additional 32,550 shares during the last quarter. 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. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its stake in FactSet Research Systems by 0.8% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,078,226 shares of the business services provider’s stock valued at $447,561,000 after purchasing an additional 8,564 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FDS shares. Barclays reiterated an “equal weight” rating and set a $460.00 price target (down previously from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Oppenheimer reiterated a “market perform” rating on shares of FactSet Research Systems in a research note on Friday, March 22nd. The Goldman Sachs Group boosted their target price on FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research note on Friday, March 22nd. Stifel Nicolaus restated a “hold” rating and issued a $469.00 target price on shares of FactSet Research Systems in a research note on Friday, March 22nd. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $464.00 target price on shares of FactSet Research Systems in a research note on Friday, March 22nd. Two equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to data from MarketBeat.com, FactSet Research Systems has a consensus rating of “Hold” and an average target price of $444.11.

View Our Latest Stock Analysis on FDS

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 Thursday, February 1st. The shares were sold at an average price of $476.02, for a total transaction of $1,428,060.00. Following the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $6,147,798.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.00% of the company’s stock.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS traded down $3.18 during mid-day trading on Wednesday, reaching $436.42. The company had a trading volume of 26,029 shares, compared to its average volume of 230,480. The company has a current ratio of 1.79, a quick ratio of 1.68 and a debt-to-equity ratio of 0.83. The firm has a market cap of $16.62 billion, a price-to-earnings ratio of 34.83, a PEG ratio of 2.73 and a beta of 0.72. The company’s 50-day moving average price is $466.25 and its 200-day moving average price is $456.22. FactSet Research Systems Inc. has a one year low of $380.96 and a one year high of $488.64.

FactSet Research Systems (NYSE:FDSGet Free Report) last posted its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. The company had revenue of $545.95 million for the quarter, compared to analysts’ expectations of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. As a group, equities research analysts anticipate that FactSet Research Systems Inc. will post 15.78 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were issued a dividend of $0.98 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a yield of 0.90%. FactSet Research Systems’s payout ratio is 31.04%.

FactSet Research Systems Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDSFree Report).

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

Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.