Harbor Capital Advisors Inc. Grows Stock Holdings in FactSet Research Systems Inc. (NYSE:FDS)

Harbor Capital Advisors Inc. lifted its stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) by 75.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,247 shares of the business services provider's stock after acquiring an additional 1,830 shares during the period. Harbor Capital Advisors Inc.'s holdings in FactSet Research Systems were worth $1,953,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FDS. Vanguard Group Inc. raised its position in FactSet Research Systems by 0.3% during the first quarter. Vanguard Group Inc. now owns 4,571,550 shares of the business services provider's stock worth $2,077,267,000 after acquiring an additional 11,974 shares during the period. Ninety One UK Ltd grew its stake in shares of FactSet Research Systems by 0.9% in the second quarter. Ninety One UK Ltd now owns 1,216,461 shares of the business services provider's stock worth $496,645,000 after acquiring an additional 10,928 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of FactSet Research Systems by 9.3% during the third quarter. Boston Trust Walden Corp now owns 296,329 shares of the business services provider's stock worth $136,267,000 after buying an additional 25,294 shares during the period. PineStone Asset Management Inc. lifted its holdings in FactSet Research Systems by 0.4% during the 3rd quarter. PineStone Asset Management Inc. now owns 274,003 shares of the business services provider's stock worth $126,000,000 after buying an additional 1,030 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of FactSet Research Systems by 3.9% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 264,481 shares of the business services provider's stock valued at $120,178,000 after buying an additional 9,925 shares during the last quarter. Hedge funds and other institutional investors own 91.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FDS shares. Wells Fargo & Company increased their price target on FactSet Research Systems from $435.00 to $503.00 and gave the stock an "equal weight" rating in a report on Friday, September 20th. UBS Group lifted their price target on shares of FactSet Research Systems from $455.00 to $485.00 and gave the stock a "neutral" rating in a report on Friday, September 20th. Royal Bank of Canada lifted their price target on shares of FactSet Research Systems from $464.00 to $503.00 and gave the company a "sector perform" rating in a report on Friday, September 20th. Redburn Atlantic lowered FactSet Research Systems from a "neutral" rating to a "sell" rating and lowered their target price for the company from $420.00 to $380.00 in a research note on Wednesday, October 9th. Finally, Stifel Nicolaus lifted their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the stock a "hold" rating in a report on Friday, September 20th. Five investment analysts have rated the stock with a sell rating and nine have given a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems presently has a consensus rating of "Hold" and a consensus target price of $443.57.

Insider Activity

In other news, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the transaction, the executive vice president now directly owns 23,515 shares of the company's stock, valued at $10,726,367.25. 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 can be accessed through this link. In related news, CEO Frederick Philip Snow sold 3,000 shares of the business's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the sale, the chief executive officer now owns 12,915 shares in the company, valued at $5,380,259.85. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the completion of the sale, the executive vice president now owns 23,515 shares of the company's stock, valued at $10,726,367.25. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,362 shares of company stock valued at $11,450,695. 1.00% of the stock is owned by insiders.

FactSet Research Systems Trading Up 1.3 %

Shares of FDS stock traded up $6.22 on Tuesday, reaching $468.03. 225,311 shares of the stock were exchanged, compared to its average volume of 260,892. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.25 and a quick ratio of 1.25. FactSet Research Systems Inc. has a one year low of $391.84 and a one year high of $488.64. The stock has a market cap of $17.78 billion, a PE ratio of 33.56, a P/E/G ratio of 3.03 and a beta of 0.75. The stock has a 50 day moving average price of $450.84 and a 200 day moving average price of $430.13.

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

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.