Capital Investment Services of America Inc. reduced its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,396 shares of the company’s stock after selling 665 shares during the period. Capital Investment Services of America Inc. owned 0.13% of FactSet Research Systems worth $8,655,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Penserra Capital Management LLC raised its stake in shares of FactSet Research Systems by 37.7% in the second quarter. Penserra Capital Management LLC now owns 712 shares of the company’s stock valued at $115,000 after buying an additional 195 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of FactSet Research Systems by 571.4% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 940 shares of the company’s stock valued at $152,000 after buying an additional 800 shares during the last quarter. Glenmede Trust Co. NA raised its stake in shares of FactSet Research Systems by 1.1% in the second quarter. Glenmede Trust Co. NA now owns 1,142 shares of the company’s stock valued at $184,000 after buying an additional 12 shares during the last quarter. Southeast Asset Advisors Inc. bought a new stake in shares of FactSet Research Systems during the second quarter valued at approximately $202,000. Finally, Wesbanco Bank Inc. bought a new stake in shares of FactSet Research Systems during the second quarter valued at approximately $208,000. Hedge funds and other institutional investors own 93.61% of the company’s stock.

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

Shares of FactSet Research Systems Inc. (NYSE:FDS) traded up 0.37% on Friday, reaching $163.06. 248,127 shares of the company traded hands. The firm has a 50-day moving average of $156.70 and a 200-day moving average of $163.46. The company has a market capitalization of $6.51 billion, a PE ratio of 19.91 and a beta of 0.74. FactSet Research Systems Inc. has a 52-week low of $135.95 and a 52-week high of $183.17.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Tuesday, September 27th. The company reported $1.69 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.70 by $0.01. FactSet Research Systems had a return on equity of 48.65% and a net margin of 30.06%. The business earned $287.30 million during the quarter. During the same period last year, the firm posted $1.48 earnings per share. The business’s quarterly revenue was up 9.7% on a year-over-year basis. On average, equities research analysts forecast that FactSet Research Systems Inc. will post $7.04 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 20th. Stockholders of record on Wednesday, November 30th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Monday, November 28th. This represents a $2.00 annualized dividend and a dividend yield of 1.23%. FactSet Research Systems’s payout ratio is 24.30%.

FDS has been the topic of several research analyst reports. Credit Suisse Group AG restated a “buy” rating and set a $179.00 target price on shares of FactSet Research Systems in a research report on Wednesday, September 28th. Barclays PLC boosted their target price on shares of FactSet Research Systems from $160.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 23rd. Cantor Fitzgerald reaffirmed a “hold” rating on shares of FactSet Research Systems in a research note on Friday, August 19th. Bank of America Corp. set a $185.00 price target on FactSet Research Systems and gave the stock a “hold” rating in a research note on Thursday, September 15th. Finally, Morgan Stanley set a $161.00 price target on FactSet Research Systems and gave the stock a “hold” rating in a research note on Wednesday, September 28th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $169.67.

In other news, CEO Frederick Philip Snow sold 6,250 shares of the stock in a transaction on Wednesday, October 5th. The stock was sold at an average price of $158.22, for a total value of $988,875.00. Following the completion of the transaction, the chief executive officer now owns 10,551 shares of the company’s stock, valued at $1,669,379.22. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Rachel Rebecca Stern sold 1,065 shares of the stock in a transaction on Monday, October 10th. The stock was sold at an average price of $158.79, for a total value of $169,111.35. Following the completion of the transaction, the senior vice president now directly owns 978 shares of the company’s stock, valued at approximately $155,296.62. The disclosure for this sale can be found here. 2.70% of the stock is owned by insiders.

FactSet Research Systems Company Profile

FactSet Research Systems Inc (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S., Europe and Asia Pacific. Sales, consulting, data collection, product development and software engineering are the primary functional groups within the U.S., Europe and Asia Pacific segments that provide global financial and economic information to investment managers, investment banks and other financial services professionals.

5 Day Chart for NYSE:FDS

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