Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 42.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,360 shares of the business services provider’s stock after acquiring an additional 3,104 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in FactSet Research Systems were worth $1,722,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Bridgewater Associates LP raised its holdings in shares of FactSet Research Systems by 1,214.4% during the first quarter. Bridgewater Associates LP now owns 18,401 shares of the business services provider’s stock valued at $3,035,000 after acquiring an additional 17,001 shares in the last quarter. Airain ltd bought a new position in shares of FactSet Research Systems during the second quarter valued at approximately $1,195,000. Bank of New York Mellon Corp raised its holdings in shares of FactSet Research Systems by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 475,631 shares of the business services provider’s stock valued at $79,040,000 after acquiring an additional 2,224 shares in the last quarter. Virginia Retirement Systems ET AL raised its holdings in shares of FactSet Research Systems by 54.8% during the second quarter. Virginia Retirement Systems ET AL now owns 86,200 shares of the business services provider’s stock valued at $14,325,000 after acquiring an additional 30,500 shares in the last quarter. Finally, BB&T Corp raised its holdings in shares of FactSet Research Systems by 3.1% during the second quarter. BB&T Corp now owns 31,304 shares of the business services provider’s stock valued at $5,202,000 after acquiring an additional 946 shares in the last quarter. Institutional investors own 93.72% of the company’s stock.

In other FactSet Research Systems news, Director Philip A. Hadley sold 5,983 shares of FactSet Research Systems stock in a transaction on Wednesday, July 5th. The stock was sold at an average price of $165.55, for a total transaction of $990,485.65. Following the completion of the sale, the director now directly owns 705,436 shares of the company’s stock, valued at approximately $116,784,929.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Scott G. Miller sold 17,074 shares of FactSet Research Systems stock in a transaction on 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 sale, the executive vice president now directly owns 15,045 shares of the company’s stock, valued at $2,494,160.10. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 205,858 shares of company stock valued at $34,287,143. 2.70% of the stock is currently owned by corporate insiders.

FactSet Research Systems Inc. (NYSE:FDS) opened at 161.85 on Monday. The firm has a 50-day moving average price of $160.52 and a 200-day moving average price of $164.91. The company has a market cap of $6.35 billion, a P/E ratio of 18.87 and a beta of 0.97. FactSet Research Systems Inc. has a 12-month low of $150.95 and a 12-month high of $183.64.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Tuesday, June 27th. The business services provider reported $1.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.84 by $0.01. The business had revenue of $312.12 million during 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%. FactSet Research Systems’s revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.64 EPS. On average, equities research analysts forecast that FactSet Research Systems Inc. will post $7.30 earnings per share for the current fiscal year.

The company also recently announced 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. This represents a $2.24 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Tuesday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 26.20%.

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A number of research firms have issued reports on FDS. UBS AG reiterated a “buy” rating and issued a $146.00 price objective (down previously from $150.00) on shares of FactSet Research Systems in a report on Friday, June 9th. BidaskClub upgraded FactSet Research Systems from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Zacks Investment Research upgraded FactSet Research Systems from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $163.00 price objective on shares of FactSet Research Systems in a report on Tuesday, July 25th. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $162.67.

FactSet Research Systems 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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