First Quadrant L P CA Has $2,393,000 Position in FactSet Research Systems Inc. (NYSE:FDS)

First Quadrant L P CA held its position in shares of FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,400 shares of the business services provider’s stock at the end of the second quarter. First Quadrant L P CA’s holdings in FactSet Research Systems were worth $2,393,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. SRS Capital Advisors Inc. raised its stake in shares of FactSet Research Systems by 17.4% in the first quarter. SRS Capital Advisors Inc. now owns 891 shares of the business services provider’s stock valued at $147,000 after buying an additional 132 shares during the last quarter. Harfst & Associates Inc. bought a new stake in shares of FactSet Research Systems during the first quarter valued at about $199,000. Penobscot Investment Management Company Inc. raised its stake in shares of FactSet Research Systems by 2.7% in the first quarter. Penobscot Investment Management Company Inc. now owns 1,270 shares of the business services provider’s stock valued at $209,000 after buying an additional 33 shares during the last quarter. Suntrust Banks Inc. raised its stake in shares of FactSet Research Systems by 4.0% in the first quarter. Suntrust Banks Inc. now owns 1,313 shares of the business services provider’s stock valued at $215,000 after buying an additional 50 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in shares of FactSet Research Systems during the first quarter valued at about $238,000. 94.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of FactSet Research Systems Inc. (NYSE FDS) traded down 1.29% on Friday, reaching $159.02. 259,208 shares of the company were exchanged. The stock has a market capitalization of $6.24 billion, a price-to-earnings ratio of 18.54 and a beta of 0.95. The firm’s 50 day moving average price is $163.44 and its 200 day moving average price is $167.54. FactSet Research Systems Inc. has a 52 week low of $150.95 and a 52 week high of $183.64.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, June 27th. The business services provider reported $1.85 EPS for the quarter, beating the consensus estimate of $1.84 by $0.01. FactSet Research Systems had a return on equity of 55.72% and a net margin of 29.02%. The company had revenue of $312.12 million during the quarter, compared to analysts’ expectations of $314.14 million. During the same quarter in the previous year, the business earned $1.64 EPS. The firm’s revenue was up 8.6% on a year-over-year basis. Equities research analysts anticipate that FactSet Research Systems Inc. will post $7.30 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Thursday, August 31st will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Tuesday, August 29th. FactSet Research Systems’s payout ratio is currently 26.20%.

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Several brokerages have commented on FDS. Zacks Investment Research downgraded shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a report on Monday, June 5th. BidaskClub raised shares of FactSet Research Systems from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Stifel Nicolaus reissued a “hold” rating and issued a $163.00 price target on shares of FactSet Research Systems in a research note on Tuesday, April 25th. Deutsche Bank AG initiated coverage on shares of FactSet Research Systems in a research note on Wednesday, May 10th. They issued a “hold” rating and a $160.00 price target for the company. Finally, UBS AG reissued a “buy” rating and issued a $146.00 price target (down from $150.00) on shares of FactSet Research Systems in a research note on Friday, June 9th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $166.27.

In other news, EVP Scott G. Miller sold 17,074 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $165.78, for a total value of $2,830,527.72. Following the completion of the sale, the executive vice president now directly owns 15,045 shares in the company, valued at approximately $2,494,160.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph E. Laird, Jr. sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of $166.00, for a total value of $166,000.00. Following the completion of the sale, the director now owns 9,000 shares of the company’s stock, valued at $1,494,000. The disclosure for this sale can be found here. Insiders have sold a total of 206,858 shares of company stock valued at $34,453,143 in the last quarter. Company insiders own 2.70% of the company’s stock.

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.

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

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