FactSet Research Systems Inc. (FDS) Shares Bought by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board grew its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 72.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,134 shares of the business services provider’s stock after buying an additional 1,317 shares during the quarter. Ontario Teachers Pension Plan Board’s holdings in FactSet Research Systems were worth $701,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. AMP Capital Investors Ltd bought a new stake in FactSet Research Systems during the second quarter worth about $588,000. Renaissance Technologies LLC grew its stake in FactSet Research Systems by 30.6% during the second quarter. Renaissance Technologies LLC now owns 217,500 shares of the business services provider’s stock worth $43,087,000 after buying an additional 51,000 shares during the last quarter. Epoch Investment Partners Inc. grew its stake in shares of FactSet Research Systems by 252.2% during the second quarter. Epoch Investment Partners Inc. now owns 68,089 shares of the business services provider’s stock valued at $13,489,000 after purchasing an additional 48,755 shares during the last quarter. Delaney Dennis R bought a new stake in shares of FactSet Research Systems during the third quarter valued at approximately $200,000. Finally, BTIM Corp. grew its stake in shares of FactSet Research Systems by 1.5% during the third quarter. BTIM Corp. now owns 78,212 shares of the business services provider’s stock valued at $17,497,000 after purchasing an additional 1,180 shares during the last quarter. 93.19% of the stock is currently owned by hedge funds and other institutional investors.

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

Several analysts have recently commented on the stock. Morgan Stanley set a $204.00 price target on shares of FactSet Research Systems and gave the company a “hold” rating in a research note on Monday, October 15th. Zacks Investment Research cut shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a research note on Thursday, September 27th. Bank of America increased their price target on shares of FactSet Research Systems from $214.00 to $245.00 and gave the company a “neutral” rating in a research note on Wednesday, September 26th. Cantor Fitzgerald increased their price target on shares of FactSet Research Systems from $203.00 to $219.00 and gave the company a “neutral” rating in a research note on Wednesday, September 26th. Finally, Barclays increased their price target on shares of FactSet Research Systems from $185.00 to $210.00 and gave the company an “underweight” rating in a research note on Wednesday, September 26th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. FactSet Research Systems has a consensus rating of “Hold” and an average target price of $214.30.

FDS opened at $234.49 on Friday. FactSet Research Systems Inc. has a one year low of $183.89 and a one year high of $237.29. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 1.09. The company has a market cap of $8.88 billion, a PE ratio of 27.49, a P/E/G ratio of 2.25 and a beta of 0.91.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Tuesday, September 25th. The business services provider reported $2.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.21 by ($0.01). FactSet Research Systems had a net margin of 19.78% and a return on equity of 58.62%. The company had revenue of $345.90 million for the quarter, compared to the consensus estimate of $346.39 million. During the same period last year, the company earned $1.90 earnings per share. FactSet Research Systems’s revenue for the quarter was up 5.9% compared to the same quarter last year. As a group, equities analysts anticipate that FactSet Research Systems Inc. will post 9.58 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 18th. Investors of record on Friday, November 30th will be issued a $0.64 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a $2.56 annualized dividend and a yield of 1.09%. FactSet Research Systems’s dividend payout ratio is currently 30.01%.

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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.

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

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