Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $1.74 Million Holdings in FactSet Research Systems Inc. (FDS)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 25.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,793 shares of the business services provider’s stock after selling 2,700 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in FactSet Research Systems were worth $1,743,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Principal Financial Group Inc. increased its position in FactSet Research Systems by 2.3% during the first quarter. Principal Financial Group Inc. now owns 169,896 shares of the business services provider’s stock valued at $33,880,000 after acquiring an additional 3,810 shares during the last quarter. Bank of Montreal Can purchased a new stake in FactSet Research Systems during the second quarter valued at $1,537,000. Amalgamated Bank increased its position in FactSet Research Systems by 8.2% during the second quarter. Amalgamated Bank now owns 9,256 shares of the business services provider’s stock valued at $1,834,000 after acquiring an additional 703 shares during the last quarter. Nisa Investment Advisors LLC purchased a new stake in FactSet Research Systems during the second quarter valued at $3,431,000. Finally, BNP Paribas Arbitrage SA increased its position in FactSet Research Systems by 49.2% during the second quarter. BNP Paribas Arbitrage SA now owns 13,402 shares of the business services provider’s stock valued at $2,655,000 after acquiring an additional 4,420 shares during the last quarter. 93.19% of the stock is owned by hedge funds and other institutional investors.

Shares of FDS opened at $228.33 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.95 and a quick ratio of 1.95. The stock has a market capitalization of $8.67 billion, a price-to-earnings ratio of 26.77, a P/E/G ratio of 2.30 and a beta of 0.91. FactSet Research Systems Inc. has a 52 week low of $183.89 and a 52 week high of $237.29.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Tuesday, September 25th. The business services provider reported $2.20 EPS for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.01). The company had revenue of $345.90 million during the quarter, compared to analysts’ expectations of $346.39 million. FactSet Research Systems had a return on equity of 58.62% and a net margin of 19.78%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.90 EPS. As a group, research analysts anticipate that FactSet Research Systems Inc. will post 9.52 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 18th. Shareholders of record on Friday, November 30th will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend is Thursday, November 29th. FactSet Research Systems’s payout ratio is 30.01%.

A number of analysts recently commented on FDS shares. Morgan Stanley set a $204.00 price objective on FactSet Research Systems and gave the company a “hold” rating in a research report on Monday, October 15th. Bank of America upped their price objective on FactSet Research Systems from $214.00 to $245.00 and gave the company a “neutral” rating in a research report on Wednesday, September 26th. Stifel Nicolaus upped their price objective on FactSet Research Systems from $188.00 to $223.00 and gave the company a “hold” rating in a research report on Wednesday, September 26th. Zacks Investment Research upgraded FactSet Research Systems from a “hold” rating to a “buy” rating and set a $251.00 price objective for the company in a research report on Tuesday, August 28th. Finally, ValuEngine upgraded FactSet Research Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $214.30.

In other FactSet Research Systems news, EVP Robert J. Robie sold 1,174 shares of the company’s stock in a transaction dated Tuesday, October 2nd. The stock was sold at an average price of $224.78, for a total value of $263,891.72. Following the completion of the sale, the executive vice president now owns 2,862 shares in the company, valued at $643,320.36. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Matthew J. Mcnulty sold 1,684 shares of the company’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $225.00, for a total value of $378,900.00. Following the completion of the sale, the senior vice president now owns 3,727 shares of the company’s stock, valued at approximately $838,575. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

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FactSet Research Systems Profile

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. It delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

See Also: Why is the ex-dividend date different from the record date?

Institutional Ownership by Quarter for FactSet Research Systems (NYSE:FDS)

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