Aurora Investment Managers LLC. Has $1.87 Million Position in FactSet Research Systems Inc. (NYSE:FDS)

Aurora Investment Managers LLC. trimmed its position in FactSet Research Systems Inc. (NYSE:FDS) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,892 shares of the business services provider’s stock after selling 113 shares during the quarter. Aurora Investment Managers LLC.’s holdings in FactSet Research Systems were worth $1,869,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Catalyst Capital Advisors LLC bought a new stake in shares of FactSet Research Systems in the third quarter valued at about $26,000. Capital Performance Advisors LLP bought a new stake in FactSet Research Systems in the 3rd quarter valued at about $34,000. Brooklyn Investment Group acquired a new position in shares of FactSet Research Systems during the 3rd quarter worth approximately $35,000. Federated Hermes Inc. acquired a new position in shares of FactSet Research Systems during the 2nd quarter worth approximately $52,000. Finally, Quarry LP bought a new position in shares of FactSet Research Systems during the second quarter worth approximately $62,000. Institutional investors own 91.24% of the company’s stock.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, insider John Costigan sold 1,622 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $481.00, for a total value of $780,182.00. Following the sale, the insider now owns 299 shares in the company, valued at approximately $143,819. The trade was a 84.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on FDS. Evercore ISI began coverage on FactSet Research Systems in a research note on Wednesday, October 2nd. They issued an “inline” rating and a $470.00 price target for the company. Redburn Atlantic lowered FactSet Research Systems from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $420.00 to $380.00 in a report on Wednesday, October 9th. Stifel Nicolaus boosted their price target 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. BMO Capital Markets cut their price objective on shares of FactSet Research Systems from $521.00 to $518.00 and set a “market perform” rating for the company in a research report on Monday, December 23rd. Finally, Morgan Stanley raised their target price on shares of FactSet Research Systems from $373.00 to $409.00 and gave the company an “underweight” rating in a report on Thursday, December 12th. Five investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $453.46.

FactSet Research Systems Price Performance

Shares of FDS opened at $462.64 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a market cap of $17.59 billion, a PE ratio of 33.16, a PEG ratio of 2.85 and a beta of 0.76. FactSet Research Systems Inc. has a 12-month low of $391.84 and a 12-month high of $499.87. The business has a 50-day simple moving average of $479.64 and a two-hundred day simple moving average of $452.28.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, December 19th. The business services provider reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $568.70 million during the quarter, compared to the consensus estimate of $565.14 million. During the same quarter in the prior year, the firm posted $4.12 earnings per share. The firm’s revenue was up 4.9% compared to the same quarter last year. Analysts anticipate that FactSet Research Systems Inc. will post 17.21 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 29th were paid a $1.04 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $4.16 annualized dividend and a dividend yield of 0.90%. FactSet Research Systems’s dividend payout ratio 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.