FactSet Research Systems Inc. (NYSE:FDS) Shares Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC raised its stake in shares of FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 159.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,040 shares of the business services provider's stock after acquiring an additional 12,938 shares during the quarter. Susquehanna Fundamental Investments LLC owned approximately 0.06% of FactSet Research Systems worth $8,590,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of FactSet Research Systems by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 4,571,550 shares of the business services provider's stock valued at $2,077,267,000 after purchasing an additional 11,974 shares in the last quarter. Ninety One UK Ltd grew its holdings in FactSet Research Systems by 0.9% in the 2nd quarter. Ninety One UK Ltd now owns 1,216,461 shares of the business services provider's stock valued at $496,645,000 after buying an additional 10,928 shares in the last quarter. PineStone Asset Management Inc. lifted its position in shares of FactSet Research Systems by 53.3% during the 2nd quarter. PineStone Asset Management Inc. now owns 272,973 shares of the business services provider's stock valued at $111,447,000 after acquiring an additional 94,952 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of FactSet Research Systems by 3.9% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 264,481 shares of the business services provider's stock worth $120,178,000 after buying an additional 9,925 shares during the last quarter. Finally, Tandem Investment Advisors Inc. lifted its position in shares of FactSet Research Systems by 1.4% during the 2nd quarter. Tandem Investment Advisors Inc. now owns 250,028 shares of the business services provider's stock worth $102,079,000 after buying an additional 3,485 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on FDS. Morgan Stanley raised their target price on FactSet Research Systems from $350.00 to $355.00 and gave the stock an "underweight" rating in a research note on Monday, June 24th. Jefferies Financial Group reduced their price target on FactSet Research Systems from $455.00 to $378.00 and set a "hold" rating for the company in a research report on Wednesday, June 5th. BMO Capital Markets lifted their price objective on FactSet Research Systems from $440.00 to $471.00 and gave the company a "market perform" rating in a research note on Friday, September 20th. Wells Fargo & Company boosted 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, UBS Group increased their price objective on FactSet Research Systems from $455.00 to $485.00 and gave the stock a "neutral" rating in a report on Friday, September 20th. Four analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $446.67.

Insider Buying and Selling at FactSet Research Systems

In other FactSet Research Systems news, Director James J. Mcgonigle sold 5,410 shares of the business'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 owns 5,283 shares in the company, valued at approximately $2,413,432.89. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, 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 value of $2,471,450.30. Following the sale, the director now owns 5,283 shares in the company, valued at $2,413,432.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Frederick Philip Snow sold 3,000 shares of the company's stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $412.75, for a total value of $1,238,250.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares in the company, valued at approximately $5,330,666.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,362 shares of company stock worth $12,550,615. 1.00% of the stock is currently owned by insiders.

FactSet Research Systems Stock Up 0.6 %

NYSE FDS traded up $2.82 on Friday, reaching $458.49. 194,631 shares of the stock traded hands, compared to its average volume of 269,343. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.79 and a current ratio of 1.25. The company has a fifty day moving average price of $424.39 and a 200-day moving average price of $427.60. The company has a market cap of $17.44 billion, a price-to-earnings ratio of 34.58, a PEG ratio of 3.11 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 released its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, topping the consensus estimate of $3.62 by $0.12. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The firm had revenue of $562.20 million during the quarter, compared to analyst estimates of $547.06 million. During the same period in the previous year, the company posted $2.93 EPS. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. As a group, research analysts forecast that FactSet Research Systems Inc. will post 17.16 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 30th were paid a dividend of $1.04 per share. The ex-dividend date was Friday, August 30th. This represents a $4.16 annualized dividend and a yield of 0.91%. FactSet Research Systems's payout ratio is presently 31.37%.

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.