Yorktown Management & Research Co Inc continued to hold its position in FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,000 shares of the business services provider’s stock at the end of the second quarter. Yorktown Management & Research Co Inc’s holdings in FactSet Research Systems were worth $332,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Formidable Asset Management LLC grew its holdings in FactSet Research Systems by 2.6% during the second quarter. Formidable Asset Management LLC now owns 5,124 shares of the business services provider’s stock worth $852,000 after acquiring an additional 132 shares during the period. Amalgamated Bank grew its holdings in FactSet Research Systems by 22.1% during the second quarter. Amalgamated Bank now owns 7,854 shares of the business services provider’s stock worth $1,305,000 after acquiring an additional 1,421 shares during the period. BlackRock Inc. grew its holdings in FactSet Research Systems by 0.3% during the second quarter. BlackRock Inc. now owns 3,159,707 shares of the business services provider’s stock worth $525,082,000 after acquiring an additional 8,480 shares during the period. Nationwide Fund Advisors grew its holdings in FactSet Research Systems by 70.2% during the second quarter. Nationwide Fund Advisors now owns 189,573 shares of the business services provider’s stock worth $31,503,000 after acquiring an additional 78,169 shares during the period. Finally, Comerica Securities Inc. grew its holdings in FactSet Research Systems by 2.1% during the second quarter. Comerica Securities Inc. now owns 4,653 shares of the business services provider’s stock worth $773,000 after acquiring an additional 95 shares during the period. 93.72% of the stock is currently owned by hedge funds and other institutional investors.

FDS has been the topic of a number of research analyst reports. BidaskClub raised FactSet Research Systems from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Stifel Nicolaus reaffirmed a “hold” rating and set a $163.00 target price on shares of FactSet Research Systems in a report on Tuesday, July 25th. Zacks Investment Research lowered FactSet Research Systems from a “hold” rating to a “sell” rating in a report on Monday, June 5th. Finally, UBS AG reaffirmed a “buy” rating and set a $146.00 target price (down from $150.00) on shares of FactSet Research Systems in a report on Friday, June 9th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $162.67.

FactSet Research Systems Inc. (NYSE FDS) traded up 0.23% during trading on Friday, hitting $161.85. The company had a trading volume of 353,913 shares. The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of 18.87 and a beta of 0.97. The firm has a 50-day moving average of $160.52 and a 200 day moving average of $164.91. FactSet Research Systems Inc. has a 12-month low of $150.95 and a 12-month high of $183.64.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Thursday, August 31st will be issued a $0.56 dividend. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $2.24 dividend on an annualized basis and a yield of 1.38%. FactSet Research Systems’s dividend payout ratio is presently 26.20%.

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In related news, EVP Scott G. Miller sold 17,074 shares of the company’s stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $165.78, for a total value of $2,830,527.72. Following the completion of the sale, the executive vice president now owns 15,045 shares in the company, valued at $2,494,160.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Philip A. Hadley sold 100,017 shares of the company’s stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $168.99, for a total value of $16,901,872.83. Following the completion of the sale, the director now owns 761,436 shares of the company’s stock, valued at approximately $128,675,069.64. The disclosure for this sale can be found here. Insiders sold 205,858 shares of company stock valued at $34,287,143 in the last quarter. 2.70% of the stock is currently owned by corporate insiders.

FactSet Research Systems 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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