Anchor Capital Advisors LLC Has $249,000 Stake in FactSet Research Systems Inc. (FDS)

Anchor Capital Advisors LLC continued to hold its stake in FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,500 shares of the business services provider’s stock at the end of the second quarter. Anchor Capital Advisors LLC’s holdings in FactSet Research Systems were worth $249,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Retirement Systems of Alabama raised its stake in FactSet Research Systems by 20.0% in the first quarter. Retirement Systems of Alabama now owns 61,881 shares of the business services provider’s stock valued at $10,205,000 after buying an additional 10,311 shares in the last quarter. Bright Rock Capital Management LLC raised its stake in FactSet Research Systems by 28.6% in the first quarter. Bright Rock Capital Management LLC now owns 9,000 shares of the business services provider’s stock valued at $1,484,000 after buying an additional 2,000 shares in the last quarter. Wendell David Associates Inc. raised its stake in FactSet Research Systems by 0.3% in the first quarter. Wendell David Associates Inc. now owns 42,826 shares of the business services provider’s stock valued at $7,062,000 after buying an additional 145 shares in the last quarter. Somerset Trust Co raised its stake in FactSet Research Systems by 1.4% in the first quarter. Somerset Trust Co now owns 8,378 shares of the business services provider’s stock valued at $1,382,000 after buying an additional 113 shares in the last quarter. Finally, Reilly Financial Advisors LLC raised its stake in FactSet Research Systems by 1.6% in the first quarter. Reilly Financial Advisors LLC now owns 57,655 shares of the business services provider’s stock valued at $9,508,000 after buying an additional 917 shares in the last quarter. 94.97% of the stock is owned by institutional investors and hedge funds.

Shares of FactSet Research Systems Inc. (NYSE:FDS) traded down 1.29% during trading on Friday, reaching $159.02. The company had a trading volume of 259,208 shares. FactSet Research Systems Inc. has a 52 week low of $150.95 and a 52 week high of $183.64. The company has a market capitalization of $6.24 billion, a PE ratio of 18.54 and a beta of 0.95. The stock’s 50-day moving average price is $163.44 and its 200-day moving average price is $167.54.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, June 27th. The business services provider reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. FactSet Research Systems had a return on equity of 55.72% and a net margin of 29.02%. The firm had revenue of $312.12 million for the quarter, compared to analysts’ expectations of $314.14 million. During the same period in the prior year, the firm posted $1.64 earnings per share. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. On average, equities analysts expect that FactSet Research Systems Inc. will post $7.30 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Thursday, August 31st will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Tuesday, August 29th. FactSet Research Systems’s dividend payout ratio is presently 26.20%.

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Several analysts have issued reports on the company. Zacks Investment Research raised FactSet Research Systems from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. BidaskClub lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, June 13th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $163.00 price objective on shares of FactSet Research Systems in a research note on Tuesday, July 25th. UBS AG reaffirmed a “buy” rating and issued a $146.00 price objective (down previously from $150.00) on shares of FactSet Research Systems in a research note on Friday, June 9th. Finally, Deutsche Bank AG initiated coverage on FactSet Research Systems in a research note on Wednesday, May 10th. They issued a “hold” rating and a $160.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $166.27.

In other FactSet Research Systems news, EVP Scott G. Miller sold 17,074 shares of the business’s stock in a transaction that occurred on Wednesday, June 21st. The stock was sold at an average price of $165.78, for a total value of $2,830,527.72. Following the sale, the executive vice president now owns 15,045 shares of the company’s stock, valued at $2,494,160.10. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Philip A. Hadley sold 100,017 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $168.99, for a total value of $16,901,872.83. Following the completion of the sale, the director now directly owns 761,436 shares in the company, valued at approximately $128,675,069.64. The disclosure for this sale can be found here. Insiders sold 206,858 shares of company stock worth $34,453,143 over the last quarter. 2.70% of the stock is currently owned by insiders.

About FactSet Research Systems

Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

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

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