Schroder Investment Management Group Has $31.94 Million Stake in FactSet Research Systems Inc. (FDS)

Schroder Investment Management Group lifted its position in FactSet Research Systems Inc. (NYSE:FDS) by 5.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 188,370 shares of the business services provider’s stock after buying an additional 9,642 shares during the quarter. Schroder Investment Management Group owned about 0.48% of FactSet Research Systems worth $31,941,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. SRS Capital Advisors Inc. lifted its stake in shares of FactSet Research Systems by 17.4% in the first quarter. SRS Capital Advisors Inc. now owns 891 shares of the business services provider’s stock worth $147,000 after buying an additional 132 shares during the last quarter. Harfst & Associates Inc. acquired a new stake in shares of FactSet Research Systems in the first quarter worth $199,000. Suntrust Banks Inc. lifted its stake in shares of FactSet Research Systems by 4.0% in the first quarter. Suntrust Banks Inc. now owns 1,313 shares of the business services provider’s stock worth $215,000 after buying an additional 50 shares during the last quarter. Penobscot Investment Management Company Inc. lifted its stake in shares of FactSet Research Systems by 9.4% in the second quarter. Penobscot Investment Management Company Inc. now owns 1,390 shares of the business services provider’s stock worth $231,000 after buying an additional 120 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of FactSet Research Systems in the first quarter worth $238,000. Institutional investors and hedge funds own 93.72% of the company’s stock.

FactSet Research Systems Inc. (FDS) opened at 159.15 on Tuesday. The company’s 50-day moving average is $161.10 and its 200 day moving average is $165.31. FactSet Research Systems Inc. has a 1-year low of $150.95 and a 1-year high of $183.64. The firm has a market capitalization of $6.24 billion, a PE ratio of 18.56 and a beta of 0.97.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Thursday, August 31st will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.41%. The ex-dividend date is Tuesday, August 29th. FactSet Research Systems’s dividend payout ratio is 26.20%.

A number of analysts have recently weighed in on FDS shares. BidaskClub upgraded shares of FactSet Research Systems from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Stifel Nicolaus restated a “hold” rating and issued a $163.00 price objective on shares of FactSet Research Systems in a research note on Tuesday, July 25th. Zacks Investment Research cut shares of FactSet Research Systems from a “hold” rating to a “sell” rating in a research note on Monday, June 5th. Finally, UBS AG restated a “buy” rating and issued a $146.00 price objective (down from $150.00) on shares of FactSet Research Systems in a research note on Friday, June 9th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. FactSet Research Systems has a consensus rating of “Hold” and an average price target of $164.90.

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In other FactSet Research Systems news, Director Philip A. Hadley sold 100,017 shares of the firm’s stock in a transaction on Monday, July 3rd. The stock was sold at an average price of $168.99, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Scott G. Miller sold 17,074 shares of the firm’s stock in a transaction on Wednesday, June 21st. The shares were sold at an average price of $165.78, for a total value of $2,830,527.72. Following the sale, the executive vice president now directly owns 15,045 shares of the company’s stock, valued at approximately $2,494,160.10. The disclosure for this sale can be found here. Insiders have sold a total of 205,858 shares of company stock valued at $34,287,143 in the last ninety days. Insiders own 2.70% of the company’s stock.

FactSet Research Systems Company 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.

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

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