FactSet Research Systems Inc. (FDS) Holdings Reduced by First Personal Financial Services

First Personal Financial Services lowered its position in FactSet Research Systems Inc. (NYSE:FDS) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,301 shares of the business services provider’s stock after selling 724 shares during the quarter. First Personal Financial Services’ holdings in FactSet Research Systems were worth $1,600,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. ETF Managers Group LLC acquired a new position in FactSet Research Systems in the 2nd quarter worth $121,000. Mountain Capital Investment Advisors Inc acquired a new position in FactSet Research Systems in the 2nd quarter worth $126,000. Turner Investments LLC acquired a new position in FactSet Research Systems in the 3rd quarter worth $144,000. Fieldpoint Private Securities LLC acquired a new position in FactSet Research Systems in the 3rd quarter worth $195,000. Finally, Visionary Asset Management Inc. acquired a new position in FactSet Research Systems in the 3rd quarter worth $205,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

FactSet Research Systems Inc. (NYSE FDS) traded up $2.98 on Thursday, hitting $201.11. 477,490 shares of the stock traded hands, compared to its average volume of 316,344. The company has a market cap of $7,850.00, a P/E ratio of 30.38, a P/E/G ratio of 2.25 and a beta of 0.97. FactSet Research Systems Inc. has a one year low of $155.09 and a one year high of $207.25. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.64 and a quick ratio of 2.64.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.98 by $0.06. The company had revenue of $329.10 million during the quarter, compared to the consensus estimate of $330.49 million. FactSet Research Systems had a net margin of 20.76% and a return on equity of 54.65%. The company’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.75 EPS. sell-side analysts expect that FactSet Research Systems Inc. will post 8.32 earnings per share for the current year.

In related news, COO Mark J. Hale sold 48,001 shares of the business’s stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $198.43, for a total transaction of $9,524,838.43. Following the completion of the sale, the chief operating officer now owns 6,268 shares of the company’s stock, valued at approximately $1,243,759.24. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Matthew J. Mcnulty sold 1,000 shares of the business’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $198.00, for a total transaction of $198,000.00. Following the sale, the vice president now directly owns 2,848 shares of the company’s stock, valued at approximately $563,904. The disclosure for this sale can be found here. Insiders sold a total of 55,406 shares of company stock valued at $10,957,561 in the last three months. Insiders own 2.70% of the company’s stock.

FDS has been the topic of a number of recent analyst reports. Credit Suisse Group reiterated an “outperform” rating and issued a $205.00 price objective (up previously from $200.00) on shares of FactSet Research Systems in a report on Monday, October 23rd. Goldman Sachs Group initiated coverage on shares of FactSet Research Systems in a report on Wednesday, November 8th. They issued a “neutral” rating and a $194.00 price objective on the stock. Morgan Stanley boosted their price objective on shares of FactSet Research Systems from $166.00 to $171.00 and gave the stock an “equal weight” rating in a report on Monday, October 23rd. Northcoast Research lowered shares of FactSet Research Systems from a “buy” rating to a “neutral” rating in a report on Tuesday, December 5th. Finally, Zacks Investment Research lowered shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $183.46.

ILLEGAL ACTIVITY WARNING: “FactSet Research Systems Inc. (FDS) Holdings Reduced by First Personal Financial Services” was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this news story can be viewed at https://www.com-unik.info/2018/01/25/factset-research-systems-inc-fds-holdings-reduced-by-first-personal-financial-services.html.

FactSet Research Systems Profile

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.

Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDS).

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

Receive News & Ratings for FactSet Research Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit