FactSet Research Systems Inc. (NYSE:FDS) Holdings Boosted by BNP Paribas Arbitrage SA

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BNP Paribas Arbitrage SA grew its position in FactSet Research Systems Inc. (NYSE:FDS) by 49.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,402 shares of the business services provider’s stock after purchasing an additional 4,420 shares during the period. BNP Paribas Arbitrage SA’s holdings in FactSet Research Systems were worth $2,655,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in FDS. Birch Hill Investment Advisors LLC bought a new position in shares of FactSet Research Systems in the first quarter valued at approximately $202,000. Mission Wealth Management LP bought a new position in shares of FactSet Research Systems in the first quarter valued at approximately $217,000. GWM Advisors LLC boosted its position in shares of FactSet Research Systems by 24.3% in the second quarter. GWM Advisors LLC now owns 2,122 shares of the business services provider’s stock valued at $319,000 after acquiring an additional 415 shares during the period. Parametrica Management Ltd bought a new position in shares of FactSet Research Systems in the first quarter valued at approximately $342,000. Finally, Suntrust Banks Inc. boosted its position in shares of FactSet Research Systems by 19.0% in the first quarter. Suntrust Banks Inc. now owns 1,794 shares of the business services provider’s stock valued at $356,000 after acquiring an additional 286 shares during the period. Institutional investors own 92.88% of the company’s stock.

In related news, Director Philip A. Hadley sold 70,000 shares of FactSet Research Systems stock in a transaction on Friday, July 13th. The shares were sold at an average price of $203.63, for a total value of $14,254,100.00. Following the sale, the director now owns 651,191 shares in the company, valued at $132,602,023.33. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Maurizio Nicolelli sold 10,487 shares of FactSet Research Systems stock in a transaction on Monday, July 9th. The shares were sold at an average price of $203.89, for a total transaction of $2,138,194.43. Following the completion of the sale, the chief financial officer now owns 11,352 shares in the company, valued at approximately $2,314,559.28. The disclosure for this sale can be found here. Insiders own 2.80% of the company’s stock.

FDS has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Thursday, July 19th. Bank of America raised their price objective on shares of FactSet Research Systems from $210.00 to $214.00 and gave the company a “neutral” rating in a research report on Wednesday, April 18th. Morgan Stanley raised their price objective on shares of FactSet Research Systems from $192.00 to $194.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 27th. ValuEngine upgraded shares of FactSet Research Systems from a “hold” rating to a “buy” rating in a research report on Thursday, June 21st. Finally, Stifel Nicolaus lifted their target price on shares of FactSet Research Systems from $184.00 to $188.00 and gave the company a “hold” rating in a research report on Wednesday, June 27th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $196.23.

FDS stock opened at $214.62 on Tuesday. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 25.79, a price-to-earnings-growth ratio of 2.34 and a beta of 0.97. FactSet Research Systems Inc. has a one year low of $155.09 and a one year high of $217.94. The company has a current ratio of 2.17, a quick ratio of 2.17 and a debt-to-equity ratio of 1.07.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, June 26th. The business services provider reported $2.18 EPS for the quarter, topping the consensus estimate of $2.13 by $0.05. FactSet Research Systems had a net margin of 19.37% and a return on equity of 55.91%. The firm had revenue of $339.90 million for the quarter, compared to the consensus estimate of $339.65 million. During the same period last year, the firm posted $1.85 earnings per share. The business’s revenue was up 8.9% compared to the same quarter last year. analysts anticipate that FactSet Research Systems Inc. will post 8.54 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 18th. Investors of record on Friday, August 31st will be issued a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, August 30th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 35.02%.

FactSet Research Systems Company Profile

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. It delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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

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