Jensen Investment Management Inc. Has $5.52 Million Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Jensen Investment Management Inc. raised its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 11.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,000 shares of the business services provider's stock after buying an additional 1,250 shares during the period. Jensen Investment Management Inc.'s holdings in FactSet Research Systems were worth $5,518,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Catalyst Capital Advisors LLC bought a new position in shares of FactSet Research Systems in the 3rd quarter valued at approximately $26,000. UMB Bank n.a. raised its position in shares of FactSet Research Systems by 144.4% in the second quarter. UMB Bank n.a. now owns 66 shares of the business services provider's stock valued at $27,000 after purchasing an additional 39 shares during the period. Crewe Advisors LLC lifted its stake in shares of FactSet Research Systems by 750.0% in the second quarter. Crewe Advisors LLC now owns 68 shares of the business services provider's stock worth $28,000 after buying an additional 60 shares during the last quarter. Quest Partners LLC lifted its stake in shares of FactSet Research Systems by 6,700.0% in the second quarter. Quest Partners LLC now owns 68 shares of the business services provider's stock worth $28,000 after buying an additional 67 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new stake in shares of FactSet Research Systems during the 3rd quarter worth $34,000. Institutional investors and hedge funds own 91.24% of the company's stock.

FactSet Research Systems Stock Performance

Shares of FDS traded up $3.58 on Friday, reaching $477.46. 256,149 shares of the stock traded hands, compared to its average volume of 214,713. The stock's 50-day moving average price is $455.49 and its 200-day moving average price is $431.42. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.25. The firm has a market cap of $18.14 billion, a price-to-earnings ratio of 34.35, a P/E/G ratio of 3.16 and a beta of 0.75. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $488.64.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.62 by $0.12. The firm had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The business's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.93 EPS. Equities analysts forecast that FactSet Research Systems Inc. will post 17.2 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Friday, November 29th. FactSet Research Systems's dividend payout ratio is 29.93%.

Insiders Place Their Bets

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the company's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $416.59, for a total value of $1,249,770.00. Following the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,380,259.85. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the completion of the transaction, the chief executive officer now directly owns 12,915 shares of the company's stock, valued at $5,380,259.85. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James J. Mcgonigle sold 5,410 shares of the company's stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $456.83, for a total transaction of $2,471,450.30. Following the sale, the director now directly owns 5,283 shares in the company, valued at $2,413,432.89. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 25,362 shares of company stock worth $11,450,695 over the last quarter. Company insiders own 1.00% of the company's stock.

Analyst Ratings Changes

FDS has been the topic of several recent analyst reports. BMO Capital Markets lifted their target price on shares of FactSet Research Systems from $440.00 to $471.00 and gave the stock a "market perform" rating in a report on Friday, September 20th. Redburn Atlantic downgraded FactSet Research Systems from a "neutral" rating to a "sell" rating and lowered their price target for the company from $420.00 to $380.00 in a research report on Wednesday, October 9th. Royal Bank of Canada boosted their price objective on FactSet Research Systems from $464.00 to $503.00 and gave the stock a "sector perform" rating in a research report on Friday, September 20th. Wells Fargo & Company increased their target price on FactSet Research Systems from $435.00 to $503.00 and gave the company an "equal weight" rating in a research note on Friday, September 20th. Finally, Evercore ISI began coverage on FactSet Research Systems in a research report on Wednesday, October 2nd. They issued an "inline" rating and a $470.00 price target on the stock. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $443.57.

FactSet Research Systems Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.