Disciplined Growth Investors Inc. MN lessened its stake in FactSet Research Systems Inc. (NYSE:FDS) by 1.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 602,667 shares of the business services provider’s stock after selling 7,676 shares during the quarter. FactSet Research Systems accounts for about 2.2% of Disciplined Growth Investors Inc. MN’s investment portfolio, making the stock its 14th biggest holding. Disciplined Growth Investors Inc. MN owned about 1.57% of FactSet Research Systems worth $119,388,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in shares of FactSet Research Systems by 2.3% in the first quarter. Principal Financial Group Inc. now owns 169,896 shares of the business services provider’s stock valued at $33,880,000 after buying an additional 3,810 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of FactSet Research Systems by 3.5% in the second quarter. Rockefeller Capital Management L.P. now owns 149,330 shares of the business services provider’s stock valued at $29,582,000 after buying an additional 5,108 shares during the period. Virginia Retirement Systems ET AL boosted its holdings in shares of FactSet Research Systems by 110.3% in the second quarter. Virginia Retirement Systems ET AL now owns 8,200 shares of the business services provider’s stock valued at $1,624,000 after buying an additional 4,300 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of FactSet Research Systems by 30.6% in the second quarter. Renaissance Technologies LLC now owns 217,500 shares of the business services provider’s stock valued at $43,087,000 after buying an additional 51,000 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of FactSet Research Systems by 6.6% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,224 shares of the business services provider’s stock valued at $2,633,000 after buying an additional 822 shares during the period. Institutional investors own 91.52% of the company’s stock.

Several research analysts have recently weighed in on the stock. Morgan Stanley set a $210.00 price target on shares of FactSet Research Systems and gave the company a “hold” rating in a report on Thursday. Zacks Investment Research upgraded shares of FactSet Research Systems from a “hold” rating to a “buy” rating and set a $251.00 price target for the company in a report on Tuesday, August 28th. Finally, ValuEngine upgraded shares of FactSet Research Systems from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $199.31.

Shares of FDS opened at $235.09 on Friday. FactSet Research Systems Inc. has a 12 month low of $160.40 and a 12 month high of $237.29. The firm has a market cap of $8.92 billion, a P/E ratio of 28.23, a price-to-earnings-growth ratio of 2.28 and a beta of 0.99. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.07.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Tuesday, June 26th. The business services provider reported $2.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.13 by $0.05. FactSet Research Systems had a net margin of 19.37% and a return on equity of 55.91%. The business had revenue of $339.90 million during the quarter, compared to analysts’ expectations of $339.65 million. During the same quarter in the prior year, the company posted $1.85 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. equities research analysts predict that FactSet Research Systems Inc. will post 8.54 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 18th. Investors of record on Friday, August 31st will be issued a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 1.09%. The ex-dividend date is Thursday, August 30th. FactSet Research Systems’s payout ratio is 35.02%.

In other FactSet Research Systems news, Director Philip A. Hadley sold 70,000 shares of the stock in a transaction on Friday, July 13th. The shares were sold at an average price of $203.63, for a total value of $14,254,100.00. Following the completion of the sale, the director now owns 651,191 shares in the company, valued at $132,602,023.33. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Maurizio Nicolelli sold 10,487 shares of the stock in a transaction on Monday, July 9th. The shares were sold at an average price of $203.89, for a total transaction of $2,138,194.43. Following the completion of the sale, the chief financial officer now owns 11,352 shares of the company’s stock, valued at approximately $2,314,559.28. The disclosure for this sale can be found here. Corporate insiders own 2.70% of the company’s stock.

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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