FactSet Research Systems Inc. $FDS Shares Sold by Mirabella Financial Services LLP

Mirabella Financial Services LLP cut its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 72.0% during the second quarter, Holdings Channel reports. The institutional investor owned 982 shares of the business services provider’s stock after selling 2,522 shares during the quarter. Mirabella Financial Services LLP’s holdings in FactSet Research Systems were worth $441,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in FactSet Research Systems by 0.6% in the second quarter. Vanguard Group Inc. now owns 4,825,198 shares of the business services provider’s stock valued at $2,158,215,000 after acquiring an additional 29,844 shares during the period. Loomis Sayles & Co. L P increased its holdings in shares of FactSet Research Systems by 1.6% in the 2nd quarter. Loomis Sayles & Co. L P now owns 1,508,052 shares of the business services provider’s stock valued at $674,522,000 after purchasing an additional 23,900 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of FactSet Research Systems by 2.4% in the second quarter. Geode Capital Management LLC now owns 1,162,256 shares of the business services provider’s stock valued at $518,683,000 after purchasing an additional 27,035 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in FactSet Research Systems by 57.0% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 829,174 shares of the business services provider’s stock worth $370,873,000 after buying an additional 301,129 shares in the last quarter. Finally, Invesco Ltd. grew its position in FactSet Research Systems by 39.2% during the second quarter. Invesco Ltd. now owns 683,146 shares of the business services provider’s stock worth $305,558,000 after buying an additional 192,448 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Insider Transactions at FactSet Research Systems

In other news, EVP Goran Skoko purchased 500 shares of the stock in a transaction dated Thursday, November 6th. The stock was acquired at an average cost of $252.93 per share, for a total transaction of $126,465.00. Following the completion of the acquisition, the executive vice president directly owned 9,192 shares in the company, valued at $2,324,932.56. This represents a 5.75% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Helen L. Shan acquired 370 shares of FactSet Research Systems stock in a transaction that occurred on Monday, October 6th. The shares were purchased at an average cost of $275.48 per share, for a total transaction of $101,927.60. Following the purchase, the executive vice president directly owned 9,284 shares of the company’s stock, valued at approximately $2,557,556.32. This trade represents a 4.15% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 1,208 shares of company stock worth $328,505 over the last ninety days. 1.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FDS. Stifel Nicolaus reduced their price target on shares of FactSet Research Systems from $464.00 to $372.00 and set a “hold” rating for the company in a research report on Friday, September 19th. Evercore ISI dropped their price objective on FactSet Research Systems from $394.00 to $328.00 and set an “in-line” rating for the company in a research note on Friday, September 19th. UBS Group upgraded FactSet Research Systems from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $480.00 to $425.00 in a research report on Monday, September 22nd. Morgan Stanley dropped their price target on FactSet Research Systems from $393.00 to $293.00 and set an “underweight” rating for the company in a research report on Friday, September 19th. Finally, Huber Research raised FactSet Research Systems to a “strong sell” rating in a research note on Friday, September 19th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $346.50.

FactSet Research Systems Stock Performance

FactSet Research Systems stock opened at $290.36 on Friday. FactSet Research Systems Inc. has a fifty-two week low of $250.50 and a fifty-two week high of $496.90. The company has a market capitalization of $10.87 billion, a price-to-earnings ratio of 18.67, a PEG ratio of 2.85 and a beta of 0.75. The stock has a fifty day moving average of $277.82 and a two-hundred day moving average of $359.90. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.40 and a current ratio of 1.40.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Wednesday, September 17th. The business services provider reported $4.05 EPS for the quarter, missing analysts’ consensus estimates of $4.13 by ($0.08). The company had revenue of $596.90 million for the quarter, compared to analyst estimates of $593.32 million. FactSet Research Systems had a net margin of 25.72% and a return on equity of 31.06%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $3.74 EPS. On average, analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Friday, November 28th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, November 28th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 28.30%.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.