FactSet Research Systems Inc. (FDS) Holdings Cut by LS Investment Advisors LLC

LS Investment Advisors LLC lessened its stake in FactSet Research Systems Inc. (NYSE:FDS) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,362 shares of the business services provider’s stock after selling 72 shares during the period. LS Investment Advisors LLC’s holdings in FactSet Research Systems were worth $473,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FDS. CWM LLC lifted its stake in FactSet Research Systems by 88.4% during the fourth quarter. CWM LLC now owns 162 shares of the business services provider’s stock worth $32,000 after purchasing an additional 76 shares during the period. Quantamental Technologies LLC bought a new position in FactSet Research Systems during the fourth quarter worth about $45,000. Moody National Bank Trust Division bought a new position in FactSet Research Systems during the fourth quarter worth about $48,000. Quantbot Technologies LP bought a new position in FactSet Research Systems during the third quarter worth about $139,000. Finally, Paradigm Asset Management Co. LLC lifted its stake in FactSet Research Systems by 6.7% during the third quarter. Paradigm Asset Management Co. LLC now owns 800 shares of the business services provider’s stock worth $179,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 91.56% of the company’s stock.

NYSE FDS opened at $220.57 on Tuesday. The company has a market cap of $8.42 billion, a PE ratio of 25.86, a PEG ratio of 2.29 and a beta of 1.06. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.49 and a quick ratio of 2.49. FactSet Research Systems Inc. has a 1-year low of $184.48 and a 1-year high of $237.95.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Tuesday, December 18th. The business services provider reported $2.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.29 by $0.06. The company had revenue of $351.60 million during the quarter, compared to analyst estimates of $349.92 million. FactSet Research Systems had a net margin of 20.47% and a return on equity of 62.54%. The company’s revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $2.04 earnings per share. Equities analysts predict that FactSet Research Systems Inc. will post 9.49 earnings per share for the current year.

FDS has been the subject of a number of analyst reports. Morgan Stanley cut their price target on shares of FactSet Research Systems from $207.00 to $200.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 8th. Barclays upgraded shares of FactSet Research Systems from an “underweight” rating to an “equal weight” rating and raised their price target for the stock from $210.00 to $235.00 in a research note on Friday, December 7th. Cantor Fitzgerald restated a “hold” rating and set a $209.00 price target on shares of FactSet Research Systems in a research note on Sunday, January 13th. DA Davidson raised their price target on shares of FactSet Research Systems to $206.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 19th. Finally, Credit Suisse Group initiated coverage on shares of FactSet Research Systems in a research note on Friday, December 7th. They set a “neutral” rating and a $238.00 price target for the company. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $219.36.

In related news, EVP John W. Wiseman sold 9,669 shares of the firm’s stock in a transaction that occurred on Tuesday, January 15th. The shares were sold at an average price of $205.75, for a total value of $1,989,396.75. Following the completion of the sale, the executive vice president now owns 2,050 shares of the company’s stock, valued at $421,787.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Frederick Philip Snow sold 1,182 shares of the firm’s stock in a transaction that occurred on Wednesday, January 2nd. The shares were sold at an average price of $200.00, for a total transaction of $236,400.00. Following the completion of the sale, the chief executive officer now directly owns 4,870 shares of the company’s stock, valued at approximately $974,000. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,750 shares of company stock valued at $3,828,051. Company 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. The company 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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