Great Lakes Advisors LLC boosted its position in FactSet Research Systems Inc. (NYSE:FDS) by 8.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 7,688 shares of the business services provider’s stock after buying an additional 627 shares during the period. Great Lakes Advisors LLC’s holdings in FactSet Research Systems were worth $1,278,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FDS. Eads & Heald Investment Counsel boosted its position in shares of FactSet Research Systems by 0.9% in the second quarter. Eads & Heald Investment Counsel now owns 2,358 shares of the business services provider’s stock worth $392,000 after buying an additional 20 shares during the last quarter. FineMark National Bank & Trust boosted its position in shares of FactSet Research Systems by 1.0% in the second quarter. FineMark National Bank & Trust now owns 2,183 shares of the business services provider’s stock worth $363,000 after buying an additional 22 shares during the last quarter. Genesee Valley Trust Co. boosted its position in shares of FactSet Research Systems by 1.4% in the first quarter. Genesee Valley Trust Co. now owns 2,071 shares of the business services provider’s stock worth $341,000 after buying an additional 28 shares during the last quarter. World Asset Management Inc boosted its position in shares of FactSet Research Systems by 1.3% in the second quarter. World Asset Management Inc now owns 2,847 shares of the business services provider’s stock worth $473,000 after buying an additional 36 shares during the last quarter. Finally, Intrust Bank NA boosted its position in shares of FactSet Research Systems by 2.1% in the first quarter. Intrust Bank NA now owns 1,930 shares of the business services provider’s stock worth $318,000 after buying an additional 40 shares during the last quarter. Institutional investors own 93.72% of the company’s stock.

FactSet Research Systems Inc. (NYSE:FDS) opened at 155.53 on Wednesday. FactSet Research Systems Inc. has a 12 month low of $150.95 and a 12 month high of $183.64. The stock has a market cap of $6.10 billion, a price-to-earnings ratio of 18.14 and a beta of 0.95. The firm has a 50-day moving average price of $162.73 and a 200-day moving average price of $166.99.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.56 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.24 dividend on an annualized basis and a yield of 1.44%. FactSet Research Systems’s payout ratio is 26.20%.

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A number of equities analysts have weighed in on FDS shares. UBS AG reissued a “buy” rating and issued a $146.00 target price (down previously from $150.00) on shares of FactSet Research Systems in a research report on Friday, June 9th. Zacks Investment Research raised 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. Deutsche Bank AG started coverage on FactSet Research Systems in a research report on Wednesday, May 10th. They issued a “hold” rating and a $160.00 target price for the company. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $163.00 target price on shares of FactSet Research Systems in a research report on Tuesday, July 25th. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. FactSet Research Systems currently has a consensus rating of “Hold” and a consensus price target of $164.90.

In other FactSet Research Systems news, EVP Scott G. Miller sold 17,074 shares of the stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $165.78, for a total transaction of $2,830,527.72. Following the completion of the sale, the executive vice president now directly owns 15,045 shares of the company’s stock, valued at approximately $2,494,160.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Philip A. Hadley sold 100,017 shares of the stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $168.99, for a total value of $16,901,872.83. Following the sale, the director now directly owns 761,436 shares of the company’s stock, valued at $128,675,069.64. 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 over the last ninety days. 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.

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

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