2,610 Shares in FactSet Research Systems Inc. (NYSE:FDS) Bought by Radnor Capital Management LLC

Radnor Capital Management LLC purchased a new stake in FactSet Research Systems Inc. (NYSE:FDS - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,610 shares of the business services provider's stock, valued at approximately $1,200,000.

Other large investors also recently modified their holdings of the company. Millennium Management LLC raised its position in FactSet Research Systems by 2,873.9% during the 2nd quarter. Millennium Management LLC now owns 119,582 shares of the business services provider's stock worth $48,822,000 after purchasing an additional 115,561 shares during the last quarter. PineStone Asset Management Inc. raised its position in 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 worth $111,447,000 after purchasing an additional 94,952 shares during the last quarter. International Assets Investment Management LLC bought a new position in FactSet Research Systems during the 3rd quarter worth $38,909,000. Dimensional Fund Advisors LP raised its position in FactSet Research Systems by 21.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 235,387 shares of the business services provider's stock worth $96,113,000 after purchasing an additional 41,717 shares during the last quarter. Finally, Boston Trust Walden Corp raised its position in FactSet Research Systems by 9.3% during the 3rd quarter. Boston Trust Walden Corp now owns 296,329 shares of the business services provider's stock worth $136,267,000 after purchasing an additional 25,294 shares during the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Stock Performance

Shares of FactSet Research Systems stock traded down $3.07 during mid-day trading on Thursday, hitting $475.40. 106,391 shares of the stock were exchanged, compared to its average volume of 260,665. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $488.64. The company has a 50-day simple moving average of $453.27 and a 200 day simple moving average of $430.71. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.25 and a current ratio of 1.25. The company has a market capitalization of $18.06 billion, a P/E ratio of 34.44, a P/E/G ratio of 3.05 and a beta of 0.75.

FactSet Research Systems (NYSE:FDS - Get Free Report) last posted its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, topping analysts' consensus estimates of $3.62 by $0.12. The company had revenue of $562.20 million for 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%. FactSet Research Systems's revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.93 EPS. Sell-side analysts anticipate that FactSet Research Systems Inc. will post 17.2 earnings per share for the current fiscal year.

Insider Activity at FactSet Research Systems

In other FactSet Research Systems news, EVP Christopher R. Ellis sold 13,952 shares of FactSet Research Systems stock in a transaction dated Thursday, September 26th. The stock was 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 owns 23,515 shares of the company's stock, valued at $10,726,367.25. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, EVP Christopher R. Ellis sold 13,952 shares of the company's 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 transaction, the executive vice president now owns 23,515 shares of the company's stock, valued at approximately $10,726,367.25. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 value of $2,471,450.30. Following the transaction, the director now owns 5,283 shares of the company's stock, valued at approximately $2,413,432.89. 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 ninety days, insiders sold 25,362 shares of company stock worth $11,450,695. Corporate insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FDS. UBS Group raised their target price on FactSet Research Systems from $455.00 to $485.00 and gave the stock a "neutral" rating in a research report on Friday, September 20th. BMO Capital Markets increased their price target on FactSet Research Systems from $440.00 to $471.00 and gave the stock a "market perform" rating in a report on Friday, September 20th. Stifel Nicolaus increased their price target on FactSet Research Systems from $451.00 to $469.00 and gave the stock a "hold" rating in a report on Friday, September 20th. Redburn Atlantic downgraded FactSet Research Systems from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $420.00 to $380.00 in a report on Wednesday, October 9th. Finally, Royal Bank of Canada increased their price target on FactSet Research Systems from $464.00 to $503.00 and gave the stock a "sector perform" 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 company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $443.57.

About FactSet Research Systems

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.