Nisa Investment Advisors LLC continued to hold its position in FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,420 shares of the business services provider’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in FactSet Research Systems were worth $2,895,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FDS. Wendell David Associates Inc. raised its position in FactSet Research Systems by 0.3% in the first quarter. Wendell David Associates Inc. now owns 42,826 shares of the business services provider’s stock valued at $7,062,000 after buying an additional 145 shares during the last quarter. Somerset Trust Co raised its position in FactSet Research Systems by 1.4% in the first quarter. Somerset Trust Co now owns 8,378 shares of the business services provider’s stock valued at $1,382,000 after buying an additional 113 shares during the last quarter. Reilly Financial Advisors LLC raised its position in FactSet Research Systems by 1.6% in the first quarter. Reilly Financial Advisors LLC now owns 57,655 shares of the business services provider’s stock valued at $9,508,000 after buying an additional 917 shares during the last quarter. Cim LLC raised its position in FactSet Research Systems by 5.3% in the first quarter. Cim LLC now owns 2,896 shares of the business services provider’s stock valued at $478,000 after buying an additional 147 shares during the last quarter. Finally, Carderock Capital Management Inc. raised its position in FactSet Research Systems by 256.9% in the first quarter. Carderock Capital Management Inc. now owns 7,530 shares of the business services provider’s stock valued at $1,242,000 after buying an additional 5,420 shares during the last quarter. Institutional investors and hedge funds own 94.63% of the company’s stock.

FactSet Research Systems Inc. (NYSE FDS) traded down 0.78% on Monday, hitting $162.52. The stock had a trading volume of 230,775 shares. The firm has a market capitalization of $6.38 billion, a price-to-earnings ratio of 18.95 and a beta of 0.95. The stock’s 50-day moving average is $165.68 and its 200 day moving average is $168.39. FactSet Research Systems Inc. has a 1-year low of $150.95 and a 1-year high of $183.64.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Tuesday, June 27th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $314.14 million. During the same quarter in the prior year, the firm earned $1.64 earnings per share. FactSet Research Systems’s revenue was up 8.6% compared to the same quarter last year. On average, equities research analysts predict that FactSet Research Systems Inc. will post $7.30 earnings per share for the current fiscal year.

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Several research firms recently issued reports on FDS. Zacks Investment Research upgraded FactSet Research Systems from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. BidaskClub lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, June 13th. Stifel Nicolaus reiterated a “hold” rating and issued a $163.00 price objective on shares of FactSet Research Systems in a research report on Tuesday, July 25th. UBS AG reiterated a “buy” rating and issued a $146.00 price objective (down from $150.00) on shares of FactSet Research Systems in a research report on Friday, June 9th. Finally, Deutsche Bank AG began coverage on FactSet Research Systems in a research report on Wednesday, May 10th. They issued a “hold” rating and a $160.00 price objective on the stock. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. FactSet Research Systems presently has a consensus rating of “Hold” and an average price target of $166.27.

In related news, Director Joseph E. Laird, Jr. sold 1,000 shares of the stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $166.00, for a total value of $166,000.00. Following the transaction, the director now owns 9,000 shares of the company’s stock, valued at $1,494,000. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Philip A. Hadley sold 38,942 shares of the stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $163.83, for a total value of $6,379,867.86. Following the completion of the transaction, the chairman now directly owns 666,494 shares in the company, valued at approximately $109,191,712.02. The disclosure for this sale can be found here. In the last three months, insiders sold 206,858 shares of company stock worth $34,453,143. 2.70% of the stock is owned by insiders.

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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