Alberta Investment Management Corp (AIMCo) has acquired a new position of 13,500 shares in FactSet Research Systems Inc., valued at approximately $3.87 million, bringing institutional ownership to 91.24%. Despite exceeding Q3 earnings and revenue estimates, and announcing a dividend and share repurchase program, analysts have a “Reduce” consensus rating with a target price of $298.54. The company’s stock has seen recent volatility, trading at $198.72 with a market cap of $7.37 billion, and has a 2.2% dividend yield.
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Alberta Investment Management Corp Acquires New Shares in FactSet Research Systems Inc. $FDS
Alberta Investment Management Corp (AIMCo) has acquired a new position of 13,500 shares in FactSet Research Systems Inc., valued at approximately $3.87 million, bringing institutional ownership to 91.24%. Despite exceeding Q3 earnings and revenue estimates, and announcing a dividend and share repurchase program, analysts have a “Reduce” consensus rating with a target price of $298.54. The company’s stock has seen recent volatility, trading at $198.72 with a market cap of $7.37 billion, and has a 2.2% dividend yield.