Teacher Retirement System of Texas increased its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 209.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,972 shares of the company’s stock after buying an additional 10,131 shares during the period. Teacher Retirement System of Texas’ holdings in FactSet Research Systems were worth $2,417,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in FDS. JPMorgan Chase & Co. raised its stake in FactSet Research Systems by 8.1% in the first quarter. JPMorgan Chase & Co. now owns 303,631 shares of the company’s stock worth $46,009,000 after buying an additional 22,733 shares during the period. Provident Investment Management Inc. raised its stake in FactSet Research Systems by 5.2% in the first quarter. Provident Investment Management Inc. now owns 130,343 shares of the company’s stock worth $19,751,000 after buying an additional 6,405 shares during the period. BlackRock Institutional Trust Company N.A. raised its stake in FactSet Research Systems by 1.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,182,812 shares of the company’s stock worth $179,232,000 after buying an additional 13,160 shares during the period. BlackRock Group LTD raised its stake in FactSet Research Systems by 18.7% in the first quarter. BlackRock Group LTD now owns 42,737 shares of the company’s stock worth $6,476,000 after buying an additional 6,728 shares during the period. Finally, BlackRock Inc. raised its stake in FactSet Research Systems by 22.5% in the first quarter. BlackRock Inc. now owns 17,971 shares of the company’s stock worth $2,724,000 after buying an additional 3,297 shares during the period. Institutional investors own 94.51% of the company’s stock.

FactSet Research Systems Inc. (NYSE:FDS) traded up 0.84% on Thursday, hitting $179.72. The stock had a trading volume of 118,012 shares. The firm has a market capitalization of $7.31 billion, a price-to-earnings ratio of 29.18 and a beta of 0.68. The company’s 50 day moving average is $176.33 and its 200-day moving average is $161.72. FactSet Research Systems Inc. has a 1-year low of $135.95 and a 1-year high of $183.17.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Tuesday, June 28th. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.03. The business had revenue of $287.50 million for the quarter. FactSet Research Systems had a net margin of 23.30% and a return on equity of 47.11%. The business’s revenue was up 13.0% compared to the same quarter last year. During the same period last year, the business earned $1.46 earnings per share. On average, analysts forecast that FactSet Research Systems Inc. will post $6.40 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 20th. Investors of record on Wednesday, August 31st were paid a $0.50 dividend. The ex-dividend date was Monday, August 29th. This represents a $2.00 dividend on an annualized basis and a yield of 1.12%. FactSet Research Systems’s dividend payout ratio (DPR) is 32.47%.

A number of equities research analysts recently commented on FDS shares. Barclays PLC increased their price target on FactSet Research Systems from $160.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 23rd. Zacks Investment Research lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Friday, July 8th. Morgan Stanley restated a “hold” rating and set a $161.00 price target on shares of FactSet Research Systems in a research report on Thursday, June 30th. Cantor Fitzgerald restated a “hold” rating on shares of FactSet Research Systems in a research report on Wednesday, June 29th. Finally, Bank of America Corp. set a $185.00 price target on FactSet Research Systems and gave the stock a “hold” rating in a research report on Thursday, September 15th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $170.56.

In related news, Director Joseph E. Laird, Jr. sold 1,000 shares of FactSet Research Systems stock in a transaction that occurred on Tuesday, July 12th. The shares were sold at an average price of $165.00, for a total value of $165,000.00. Following the transaction, the director now directly owns 2,500 shares of the company’s stock, valued at $412,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

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.

5 Day Chart for NYSE:FDS

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