FactSet Research Systems Inc. (FDS) Holdings Lifted by Nationwide Fund Advisors

Nationwide Fund Advisors grew its position in FactSet Research Systems Inc. (NYSE:FDS) by 70.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 189,573 shares of the business services provider’s stock after buying an additional 78,169 shares during the period. Nationwide Fund Advisors owned approximately 0.48% of FactSet Research Systems worth $31,503,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in FactSet Research Systems by 3.0% in the first quarter. Vanguard Group Inc. now owns 3,554,309 shares of the business services provider’s stock worth $586,142,000 after buying an additional 103,458 shares during the last quarter. BlackRock Inc. raised its holdings in FactSet Research Systems by 12,692.2% in the first quarter. BlackRock Inc. now owns 3,151,227 shares of the business services provider’s stock worth $519,669,000 after buying an additional 3,126,593 shares during the last quarter. Wellington Management Group LLP raised its holdings in FactSet Research Systems by 2.0% in the first quarter. Wellington Management Group LLP now owns 1,282,438 shares of the business services provider’s stock worth $211,487,000 after buying an additional 25,295 shares during the last quarter. State Street Corp raised its holdings in FactSet Research Systems by 1.9% in the first quarter. State Street Corp now owns 1,038,821 shares of the business services provider’s stock worth $171,308,000 after buying an additional 19,591 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in FactSet Research Systems by 3.8% in the first quarter. Bank of America Corp DE now owns 989,548 shares of the business services provider’s stock worth $163,186,000 after buying an additional 35,850 shares during the last quarter. 93.72% of the stock is owned by institutional investors and hedge funds.

FDS has been the subject of several recent analyst reports. UBS AG reaffirmed a “buy” rating and issued a $146.00 target price (down from $150.00) on shares of FactSet Research Systems in a report on Friday, June 9th. BidaskClub raised shares of FactSet Research Systems from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Zacks Investment Research raised shares of FactSet Research Systems from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $163.00 target price on shares of FactSet Research Systems in a report on Tuesday, July 25th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $162.67.

In related news, EVP Scott G. Miller sold 17,074 shares of the stock in a transaction that occurred on Wednesday, June 21st. The shares were sold at an average price of $165.78, for a total value of $2,830,527.72. Following the completion of the transaction, the executive vice president now directly owns 15,045 shares of the company’s stock, valued at approximately $2,494,160.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Philip A. Hadley sold 38,942 shares of the stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $163.83, for a total transaction of $6,379,867.86. Following the completion of the transaction, the chairman now directly owns 666,494 shares of the company’s stock, valued at $109,191,712.02. The disclosure for this sale can be found here. Insiders sold a total of 205,858 shares of company stock valued at $34,287,143 over the last ninety days. 2.70% of the stock is currently owned by insiders.

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Shares of FactSet Research Systems Inc. (NYSE FDS) traded up 0.23% during mid-day trading on Friday, hitting $161.85. 353,913 shares of the stock were exchanged. FactSet Research Systems Inc. has a 52-week low of $150.95 and a 52-week high of $183.64. The firm has a market cap of $6.35 billion, a price-to-earnings ratio of 18.87 and a beta of 0.97. The stock has a 50-day moving average price of $160.52 and a 200 day moving average price of $164.91.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Thursday, August 31st will be given a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Tuesday, August 29th. FactSet Research Systems’s payout ratio is currently 26.20%.

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.

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

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