Federated Investors Inc. PA decreased its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 7.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,723 shares of the business services provider’s stock after selling 1,485 shares during the quarter. Federated Investors Inc. PA owned approximately 0.05% of FactSet Research Systems worth $3,278,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. SRS Capital Advisors Inc. boosted its position in shares of FactSet Research Systems by 17.4% during the 1st quarter. SRS Capital Advisors Inc. now owns 891 shares of the business services provider’s stock valued at $147,000 after acquiring an additional 132 shares during the last quarter. Harfst & Associates Inc. acquired a new position in shares of FactSet Research Systems during the 1st quarter valued at about $199,000. Suntrust Banks Inc. boosted its position in shares of FactSet Research Systems by 4.0% during the 1st quarter. Suntrust Banks Inc. now owns 1,313 shares of the business services provider’s stock valued at $215,000 after acquiring an additional 50 shares during the last quarter. Penobscot Investment Management Company Inc. boosted its position in shares of FactSet Research Systems by 9.4% during the 2nd quarter. Penobscot Investment Management Company Inc. now owns 1,390 shares of the business services provider’s stock valued at $231,000 after acquiring an additional 120 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of FactSet Research Systems during the 1st quarter valued at about $238,000. 93.72% of the stock is currently owned by hedge funds and other institutional investors.

Shares of FactSet Research Systems Inc. (FDS) opened at 158.10 on Tuesday. FactSet Research Systems Inc. has a 12 month low of $150.95 and a 12 month high of $183.64. The firm has a market cap of $6.20 billion, a PE ratio of 18.44 and a beta of 0.97. The stock’s 50 day moving average is $161.91 and its 200 day moving average is $166.30.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, June 27th. The business services provider reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.84 by $0.01. The business had revenue of $312.12 million for the quarter, compared to analyst estimates of $314.14 million. FactSet Research Systems had a return on equity of 55.72% and a net margin of 29.02%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.64 EPS. On average, analysts anticipate that FactSet Research Systems Inc. will post $7.30 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Thursday, August 31st will be paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Tuesday, August 29th. FactSet Research Systems’s dividend payout ratio is currently 26.20%.

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In other news, Director Joseph E. Laird, Jr. sold 1,000 shares of FactSet Research Systems stock in a transaction dated 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 directly owns 9,000 shares of the company’s stock, valued at approximately $1,494,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Scott G. Miller sold 17,074 shares of FactSet Research Systems stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $165.78, for a total value of $2,830,527.72. Following the completion of the transaction, the executive vice president now directly owns 15,045 shares in the company, valued at $2,494,160.10. The disclosure for this sale can be found here. Insiders sold a total of 206,858 shares of company stock worth $34,453,143 over the last ninety days. Corporate insiders own 2.70% of the company’s stock.

Several research analysts have recently weighed in on the stock. BidaskClub cut shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Stifel Nicolaus reissued a “hold” rating and set a $163.00 price target on shares of FactSet Research Systems in a research report on Tuesday, July 25th. Zacks Investment Research raised shares of FactSet Research Systems from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. UBS AG reissued a “buy” rating and set a $146.00 price target (down previously from $150.00) on shares of FactSet Research Systems in a research report on Friday, June 9th. Finally, Deutsche Bank AG assumed coverage on shares of FactSet Research Systems in a research report on Wednesday, May 10th. They set a “hold” rating and a $160.00 price target on the stock. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. FactSet Research Systems has an average rating of “Hold” and a consensus price target of $164.90.

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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