The FactSet Research Systems Inc. (FDS) Stake Maintained by Shell Asset Management Co.

The FactSet Research Systems Inc. (FDS) Stake Maintained by Shell Asset Management Co.

Shell Asset Management Co. held its position in FactSet Research Systems Inc. (NYSE:FDS) during the third quarter, Holdings Channel reports. The fund owned 3,124 shares of the company’s stock at the end of the third quarter. Shell Asset Management Co.’s holdings in FactSet Research Systems were worth $506,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FDS. Creative Planning raised its position in FactSet Research Systems by 0.7% in the second quarter. Creative Planning now owns 1,660 shares of the company’s stock valued at $268,000 after buying an additional 11 shares during the period. Sterling Capital Management LLC raised its position in FactSet Research Systems by 0.8% in the second quarter. Sterling Capital Management LLC now owns 1,467 shares of the company’s stock valued at $237,000 after buying an additional 11 shares during the period. Glenmede Trust Co. NA raised its position in FactSet Research Systems by 1.1% in the second quarter. Glenmede Trust Co. NA now owns 1,142 shares of the company’s stock valued at $184,000 after buying an additional 12 shares during the period. Montag & Caldwell LLC raised its position in FactSet Research Systems by 0.3% in the second quarter. Montag & Caldwell LLC now owns 5,755 shares of the company’s stock valued at $929,000 after buying an additional 19 shares during the period. Finally, Middleton & Co Inc MA raised its position in FactSet Research Systems by 1.3% in the second quarter. Middleton & Co Inc MA now owns 1,987 shares of the company’s stock valued at $321,000 after buying an additional 25 shares during the period. 94.26% of the stock is owned by hedge funds and other institutional investors.

FactSet Research Systems Inc. (NYSE:FDS) opened at 155.46 on Monday. The stock has a 50 day moving average price of $163.71 and a 200-day moving average price of $163.07. The stock has a market cap of $6.22 billion, a P/E ratio of 18.98 and a beta of 0.78. FactSet Research Systems Inc. has a 52 week low of $135.95 and a 52 week high of $183.17.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Tuesday, September 27th. The company reported $1.69 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.70 by $0.01. The firm had revenue of $287.30 million for the quarter. FactSet Research Systems had a return on equity of 48.65% and a net margin of 30.06%. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.48 EPS. On average, equities analysts anticipate that FactSet Research Systems Inc. will post $7.04 EPS for the current fiscal year.

Several research analysts have recently weighed in on the company. Zacks Investment Research lowered FactSet Research Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, September 6th. Credit Suisse Group AG reissued a “buy” rating and issued a $179.00 price objective on shares of FactSet Research Systems in a research report on Wednesday, September 28th. Oppenheimer Holdings Inc. reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Wednesday, September 28th. Macquarie assumed coverage on FactSet Research Systems in a research report on Thursday, August 25th. They issued a “neutral” rating and a $180.00 price objective for the company. Finally, Bank of America Corp. set a $185.00 target price on FactSet Research Systems and gave the company a “hold” rating in a research report on Thursday, September 15th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the stock. FactSet Research Systems has an average rating of “Hold” and a consensus price target of $169.67.

In related news, CEO Frederick Philip Snow sold 6,250 shares of the stock in a transaction dated Wednesday, October 5th. The shares were sold at an average price of $158.22, for a total value of $988,875.00. Following the completion of the transaction, the chief executive officer now directly owns 10,551 shares of the company’s stock, valued at $1,669,379.22. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Rachel Rebecca Stern sold 1,065 shares of the stock in a transaction dated Monday, October 10th. The stock was sold at an average price of $158.79, for a total transaction of $169,111.35. Following the completion of the transaction, the senior vice president now directly owns 978 shares of the company’s stock, valued at $155,296.62. The disclosure for this sale can be found here. Insiders own 2.60% of the company’s stock.

FactSet Research Systems Company Profile

FactSet Research Systems Inc (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S., Europe and Asia Pacific. Sales, consulting, data collection, product development and software engineering are the primary functional groups within the U.S., Europe and Asia Pacific segments that provide global financial and economic information to investment managers, investment banks and other financial services professionals.

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