Mutual of America Capital Management LLC lifted its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 0.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,761 shares of the business services provider’s stock after purchasing an additional 41 shares during the quarter. Mutual of America Capital Management LLC owned about 0.08% of FactSet Research Systems worth $5,278,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the company. Investec Asset Management LTD lifted its position in shares of FactSet Research Systems by 7.2% during the second quarter. Investec Asset Management LTD now owns 594,590 shares of the business services provider’s stock worth $98,809,000 after purchasing an additional 39,872 shares in the last quarter. Thrivent Financial For Lutherans lifted its position in shares of FactSet Research Systems by 8.0% during the second quarter. Thrivent Financial For Lutherans now owns 8,000 shares of the business services provider’s stock worth $1,329,000 after purchasing an additional 590 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of FactSet Research Systems by 43.7% during the second quarter. PNC Financial Services Group Inc. now owns 113,604 shares of the business services provider’s stock worth $18,877,000 after purchasing an additional 34,561 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of FactSet Research Systems by 6.0% during the second quarter. ProShare Advisors LLC now owns 65,134 shares of the business services provider’s stock worth $10,824,000 after purchasing an additional 3,713 shares in the last quarter. Finally, Fiduciary Management Inc. WI acquired a new stake in shares of FactSet Research Systems during the second quarter worth about $31,790,000. 93.72% of the stock is currently owned by institutional investors and hedge funds.

Shares of FactSet Research Systems Inc. (FDS) opened at 167.15 on Friday. The firm has a market cap of $6.56 billion, a PE ratio of 19.49 and a beta of 0.97. FactSet Research Systems Inc. has a one year low of $150.95 and a one year high of $183.64. The company has a 50-day moving average of $160.34 and a 200 day moving average of $164.48.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Investors of record on Thursday, August 31st were given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.34%. The ex-dividend date was Tuesday, August 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 26.20%.

FDS has been the topic of several research reports. Zacks Investment Research cut shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a research report on Monday, June 5th. UBS AG reissued a “buy” rating and set a $146.00 price target (down previously from $150.00) on shares of FactSet Research Systems in a research report on Friday, June 9th. BidaskClub cut shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, June 13th. Stifel Nicolaus reissued a “hold” rating and set a $163.00 price target on shares of FactSet Research Systems in a research report on Tuesday, July 25th. Finally, Northcoast Research raised shares of FactSet Research Systems from a “neutral” rating to a “buy” rating and set a $195.00 price target on the stock in a research report on Thursday. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $165.90.

COPYRIGHT VIOLATION NOTICE: “Mutual of America Capital Management LLC Raises Stake in FactSet Research Systems Inc. (FDS)” was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://www.watchlistnews.com/mutual-of-america-capital-management-llc-raises-stake-in-factset-research-systems-inc-fds/1580279.html.

In other FactSet Research Systems news, Chairman Philip A. Hadley sold 38,942 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $163.83, for a total value of $6,379,867.86. Following the transaction, the chairman now directly owns 666,494 shares of the company’s stock, valued at approximately $109,191,712.02. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Philip A. Hadley sold 43,842 shares of the company’s stock in a transaction that occurred on Thursday, July 13th. The shares were sold at an average price of $163.87, for a total value of $7,184,388.54. Following the completion of the transaction, the director now directly owns 666,494 shares in the company, valued at $109,218,371.78. The disclosure for this sale can be found here. Insiders have sold a total of 188,784 shares of company stock worth $31,456,615 over the last three months. 2.70% of the stock is currently owned by corporate insiders.

About FactSet Research Systems

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.

Want to see what other hedge funds are holding FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FactSet Research Systems Inc. (NYSE:FDS).

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

Receive News & Ratings for FactSet Research Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FactSet Research Systems Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.