Fiduciary Management Inc. WI raised its position in FactSet Research Systems Inc. (NYSE:FDS) by 33.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 254,972 shares of the business services provider’s stock after buying an additional 63,672 shares during the quarter. Fiduciary Management Inc. WI owned approximately 0.65% of FactSet Research Systems worth $45,923,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FDS. Russell Investments Group Ltd. increased its holdings in shares of FactSet Research Systems by 1.6% in the second quarter. Russell Investments Group Ltd. now owns 16,175 shares of the business services provider’s stock valued at $2,689,000 after purchasing an additional 250 shares during the period. Great West Life Assurance Co. Can increased its holdings in shares of FactSet Research Systems by 1.1% in the second quarter. Great West Life Assurance Co. Can now owns 23,671 shares of the business services provider’s stock valued at $3,932,000 after purchasing an additional 269 shares during the period. World Asset Management Inc increased its holdings 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 valued at $473,000 after purchasing an additional 36 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of FactSet Research Systems by 7.4% in the second quarter. Stratos Wealth Partners LTD. now owns 2,759 shares of the business services provider’s stock valued at $458,000 after purchasing an additional 189 shares during the period. Finally, IFP Advisors Inc increased its holdings in shares of FactSet Research Systems by 11.7% in the second quarter. IFP Advisors Inc now owns 2,382 shares of the business services provider’s stock valued at $396,000 after purchasing an additional 250 shares during the period. Institutional investors own 93.73% of the company’s stock.

Shares of FactSet Research Systems Inc. (NYSE FDS) traded down $2.25 during mid-day trading on Wednesday, reaching $202.24. The company had a trading volume of 969,700 shares, compared to its average volume of 305,589. FactSet Research Systems Inc. has a 52-week low of $155.09 and a 52-week high of $204.65. The firm has a market capitalization of $7,910.00, a price-to-earnings ratio of 27.97, a PEG ratio of 2.32 and a beta of 0.97. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.04 and a quick ratio of 2.04.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Tuesday, September 26th. The business services provider reported $1.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.89 by $0.01. FactSet Research Systems had a return on equity of 55.76% and a net margin of 21.15%. The firm had revenue of $326.60 million for the quarter, compared to analyst estimates of $325.26 million. During the same quarter in the prior year, the company posted $1.69 earnings per share. FactSet Research Systems’s quarterly revenue was up 13.7% on a year-over-year basis. equities research analysts anticipate that FactSet Research Systems Inc. will post 8.18 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Thursday, November 30th will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Wednesday, November 29th. FactSet Research Systems’s dividend payout ratio is presently 34.41%.

A number of research analysts have recently issued reports on FDS shares. Credit Suisse Group reissued an “outperform” rating and issued a $205.00 target price (up previously from $200.00) on shares of FactSet Research Systems in a report on Monday, October 23rd. Goldman Sachs Group started coverage on FactSet Research Systems in a report on Wednesday, November 8th. They issued a “neutral” rating and a $194.00 target price on the stock. Morgan Stanley boosted their target price on FactSet Research Systems from $166.00 to $171.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd. Zacks Investment Research lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, Northcoast Research raised FactSet Research Systems from a “neutral” rating to a “buy” rating and set a $195.00 target price on the stock in a report on Thursday, September 21st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $180.73.

In other FactSet Research Systems news, VP Matthew J. Mcnulty sold 1,049 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $181.00, for a total value of $189,869.00. Following the sale, the vice president now owns 2,499 shares of the company’s stock, valued at $452,319. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Frederick Philip Snow sold 7,334 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $181.24, for a total value of $1,329,214.16. Following the completion of the sale, the chief executive officer now directly owns 11,262 shares in the company, valued at approximately $2,041,124.88. The disclosure for this sale can be found here. Insiders have sold 17,841 shares of company stock worth $3,224,739 in the last ninety days. 2.80% of the stock is currently owned by corporate insiders.

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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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