Swiss National Bank Has $10,943,000 Holdings in FactSet Research Systems Inc. (FDS)

Swiss National Bank continued to hold its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,851 shares of the business services provider’s stock at the close of the second quarter. Swiss National Bank owned 0.17% of FactSet Research Systems worth $10,943,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Commerce Bank raised its holdings in FactSet Research Systems by 25.7% during the second quarter. Commerce Bank now owns 2,278 shares of the business services provider’s stock worth $379,000 after purchasing an additional 466 shares during the last quarter. Principal Financial Group Inc. raised its holdings in FactSet Research Systems by 3.8% during the second quarter. Principal Financial Group Inc. now owns 167,622 shares of the business services provider’s stock worth $27,855,000 after purchasing an additional 6,108 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in FactSet Research Systems during the second quarter worth $362,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in FactSet Research Systems by 14.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,590 shares of the business services provider’s stock worth $264,000 after purchasing an additional 201 shares during the last quarter. Finally, Pacer Advisors Inc. raised its holdings in FactSet Research Systems by 13.7% during the second quarter. Pacer Advisors Inc. now owns 5,851 shares of the business services provider’s stock worth $972,000 after purchasing an additional 705 shares during the last quarter. 93.72% of the stock is owned by hedge funds and other institutional investors.

FDS has been the subject of several research reports. UBS AG reaffirmed a “buy” rating and set a $146.00 price objective (down from $150.00) on shares of FactSet Research Systems in a report on Friday, June 9th. BidaskClub raised FactSet Research Systems from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Zacks Investment Research raised FactSet Research Systems from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $163.00 price objective on shares of FactSet Research Systems in a report on Tuesday, July 25th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $164.90.

FactSet Research Systems Inc. (FDS) opened at 161.07 on Wednesday. The firm has a market capitalization of $6.32 billion, a PE ratio of 18.78 and a beta of 0.97. FactSet Research Systems Inc. has a 12-month low of $150.95 and a 12-month high of $183.64. The stock has a 50 day moving average price of $161.04 and a 200-day moving average price of $165.27.

FactSet Research Systems (NYSE:FDS) last announced 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. FactSet Research Systems had a return on equity of 55.72% and a net margin of 29.02%. The company had revenue of $312.12 million during the quarter, compared to the consensus estimate of $314.14 million. During the same quarter in the prior year, the firm earned $1.64 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, equities research analysts forecast that FactSet Research Systems Inc. will post $7.30 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.56 per share. The ex-dividend date is Tuesday, August 29th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.39%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 26.20%.

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In other news, Director Philip A. Hadley sold 5,983 shares of the stock in a transaction on Wednesday, July 5th. The stock was sold at an average price of $165.55, for a total transaction of $990,485.65. Following the completion of the sale, the director now owns 705,436 shares in the company, valued at approximately $116,784,929.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Philip A. Hadley sold 38,942 shares of the stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $163.83, for a total value of $6,379,867.86. Following the sale, the chairman now owns 666,494 shares of the company’s stock, valued at approximately $109,191,712.02. 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 quarter. Insiders own 2.70% of the company’s stock.

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.

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

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