FCF Advisors LLC Invests $1.75 Million in FactSet Research Systems Inc. (NYSE:FDS)

FCF Advisors LLC acquired a new position in FactSet Research Systems Inc. (NYSE:FDS - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,803 shares of the business services provider's stock, valued at approximately $1,749,000.

Several other institutional investors have also modified their holdings of the company. UMB Bank n.a. raised its position in 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 worth $27,000 after acquiring an additional 39 shares in the last quarter. Crewe Advisors LLC raised its holdings in shares of FactSet Research Systems by 750.0% in the 2nd quarter. Crewe Advisors LLC now owns 68 shares of the business services provider's stock worth $28,000 after purchasing an additional 60 shares in the last quarter. Quest Partners LLC raised its holdings in shares of FactSet Research Systems by 6,700.0% in the 2nd quarter. Quest Partners LLC now owns 68 shares of the business services provider's stock worth $28,000 after purchasing an additional 67 shares in the last quarter. Gladius Capital Management LP acquired a new stake in FactSet Research Systems during the second quarter valued at approximately $33,000. Finally, SJS Investment Consulting Inc. boosted its holdings in FactSet Research Systems by 300.0% during the second quarter. SJS Investment Consulting Inc. now owns 88 shares of the business services provider's stock worth $36,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 91.24% of the company's stock.

FactSet Research Systems Stock Up 1.6 %

Shares of NYSE:FDS traded up $7.13 during midday trading on Tuesday, hitting $456.87. 235,539 shares of the stock were exchanged, compared to its average volume of 266,485. The company has a market capitalization of $17.38 billion, a PE ratio of 33.92, a P/E/G ratio of 3.11 and a beta of 0.75. FactSet Research Systems Inc. has a 52-week low of $391.84 and a 52-week high of $488.64. 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 business's fifty day simple moving average is $429.41 and its two-hundred day simple moving average is $426.78.

FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.62 by $0.12. The company had revenue of $562.20 million for the quarter, compared to analyst estimates of $547.06 million. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. The business's revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.93 EPS. As a group, research analysts predict that FactSet Research Systems Inc. will post 17.16 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

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

Insider Activity

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $455.09, for a total transaction of $1,365,270.00. Following the transaction, the chief executive officer now directly owns 12,987 shares of the company's stock, valued at $5,910,253.83. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other FactSet Research Systems news, CEO Frederick Philip Snow sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $455.09, for a total transaction of $1,365,270.00. Following the completion of the sale, the chief executive officer now owns 12,987 shares of the company's stock, valued at $5,910,253.83. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Christopher R. Ellis sold 13,952 shares of FactSet Research Systems stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total transaction of $6,364,204.80. Following the completion of the transaction, the executive vice president now directly owns 23,515 shares in the company, valued at approximately $10,726,367.25. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,362 shares of company stock worth $12,688,945. 1.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on FDS. UBS Group upped their price target on FactSet Research Systems from $455.00 to $485.00 and gave the company a "neutral" rating in a report on Friday, September 20th. Stifel Nicolaus boosted their target price on FactSet Research Systems from $451.00 to $469.00 and gave the stock a "hold" rating in a research report on Friday, September 20th. Royal Bank of Canada raised their target price on shares of FactSet Research Systems from $464.00 to $503.00 and gave the stock a "sector perform" rating in a report on Friday, September 20th. Evercore ISI started coverage on shares of FactSet Research Systems in a report on Wednesday, October 2nd. They set an "inline" rating and a $470.00 price target on the stock. Finally, BMO Capital Markets upped their price target on shares of FactSet Research Systems from $440.00 to $471.00 and gave the company a "market perform" rating in a research report on Friday, September 20th. Four investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. According to data from MarketBeat, FactSet Research Systems has a consensus rating of "Hold" and a consensus price target of $448.46.

FactSet Research Systems Company 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.