Bright Rock Capital Management LLC held its stake in FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,000 shares of the business services provider’s stock at the end of the second quarter. Bright Rock Capital Management LLC’s holdings in FactSet Research Systems were worth $1,496,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. UBS Asset Management Americas Inc. raised its stake in FactSet Research Systems by 3.4% in the fourth quarter. UBS Asset Management Americas Inc. now owns 149,622 shares of the business services provider’s stock worth $24,453,000 after buying an additional 4,943 shares in the last quarter. Teachers Advisors LLC raised its stake in FactSet Research Systems by 4.4% in the fourth quarter. Teachers Advisors LLC now owns 39,366 shares of the business services provider’s stock worth $6,434,000 after buying an additional 1,654 shares in the last quarter. Creative Planning raised its stake in FactSet Research Systems by 5.7% in the first quarter. Creative Planning now owns 1,880 shares of the business services provider’s stock worth $310,000 after buying an additional 102 shares in the last quarter. Private Trust Co. NA bought a new stake in FactSet Research Systems during the first quarter worth $444,000. Finally, Doyle Wealth Management bought a new stake in FactSet Research Systems during the first quarter worth $735,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems Inc. (FDS) opened at 162.28 on Thursday. The company has a 50-day moving average price of $164.72 and a 200 day moving average price of $168.12. FactSet Research Systems Inc. has a 12-month low of $150.95 and a 12-month high of $183.64. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 18.92 and a beta of 0.95.

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

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A number of analysts have recently weighed in on FDS shares. Stifel Nicolaus reaffirmed a “hold” rating and set a $163.00 price objective on shares of FactSet Research Systems in a research report on Tuesday, April 25th. Deutsche Bank AG started coverage on FactSet Research Systems in a research report on Wednesday, May 10th. They set a “hold” rating and a $160.00 price objective on the stock. Zacks Investment Research lowered FactSet Research Systems from a “hold” rating to a “sell” rating in a research report on Monday, June 5th. UBS AG reaffirmed a “buy” rating and set a $146.00 price objective (down previously from $150.00) on shares of FactSet Research Systems in a research report on Friday, June 9th. Finally, BidaskClub lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, June 13th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $166.27.

In other FactSet Research Systems news, Director Joseph E. Laird, Jr. sold 1,000 shares of the business’s stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $166.00, for a total transaction of $166,000.00. Following the completion of the transaction, the director now directly owns 9,000 shares of the company’s stock, valued at approximately $1,494,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Philip A. Hadley sold 38,942 shares of the business’s stock in a transaction dated 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 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 206,858 shares of company stock valued at $34,453,143 in the last three months. Insiders own 2.70% of the company’s stock.

FactSet Research Systems Company 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.

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

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