FactSet Research Systems Inc. (FDS) Shares Bought by Raub Brock Capital Management LP

Raub Brock Capital Management LP boosted its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 3.7% during the first quarter, Holdings Channel reports. The fund owned 83,171 shares of the business services provider’s stock after buying an additional 2,936 shares during the period. FactSet Research Systems makes up about 4.0% of Raub Brock Capital Management LP’s investment portfolio, making the stock its 13th largest position. Raub Brock Capital Management LP owned approximately 0.21% of FactSet Research Systems worth $13,716,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Ngam Advisors L.P. raised its stake in shares of FactSet Research Systems by 6.2% in the third quarter. Ngam Advisors L.P. now owns 153,035 shares of the business services provider’s stock worth $24,807,000 after buying an additional 8,900 shares during the last quarter. Sei Investments Co. raised its stake in shares of FactSet Research Systems by 4.2% in the third quarter. Sei Investments Co. now owns 4,211 shares of the business services provider’s stock worth $683,000 after buying an additional 168 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of FactSet Research Systems by 5.2% in the third quarter. Victory Capital Management Inc. now owns 5,160 shares of the business services provider’s stock worth $836,000 after buying an additional 254 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of FactSet Research Systems by 3.8% in the third quarter. Stratos Wealth Partners LTD. now owns 2,233 shares of the business services provider’s stock worth $362,000 after buying an additional 82 shares during the last quarter. Finally, LMR Partners LLP purchased a new stake in shares of FactSet Research Systems during the third quarter worth about $6,253,000. 95.71% of the stock is currently owned by institutional investors.

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

FactSet Research Systems Inc. (NYSE:FDS) traded down 0.21% during mid-day trading on Friday, hitting $162.16. The stock had a trading volume of 260,216 shares. The company has a 50 day moving average price of $170.02 and a 200-day moving average price of $166.54. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 19.04 and a beta of 0.75. FactSet Research Systems Inc. has a one year low of $147.37 and a one year high of $183.64.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, March 28th. The business services provider reported $1.81 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $0.01. The company earned $294.40 million during the quarter, compared to the consensus estimate of $296.04 million. FactSet Research Systems had a net margin of 30.18% and a return on equity of 51.90%. The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.63 EPS. Equities analysts expect that FactSet Research Systems Inc. will post $7.28 earnings per share for the current fiscal year.

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A number of analysts have issued reports on the company. Zacks Investment Research lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, February 21st. Barclays PLC lowered FactSet Research Systems from an “equal weight” rating to an “underweight” rating and cut their target price for the company from $170.00 to $164.00 in a research report on Tuesday, January 10th. Finally, Credit Suisse Group AG boosted their target price on FactSet Research Systems from $179.00 to $185.00 and gave the company an “outperform” rating in a research report on Wednesday, March 29th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. FactSet Research Systems has an average rating of “Hold” and a consensus target price of $170.00.

In other news, Director Joseph E. Laird, Jr. sold 2,146 shares of the business’s stock in a transaction dated Tuesday, January 31st. The shares were sold at an average price of $171.89, for a total value of $368,875.94. Following the completion of the sale, the director now owns 7,000 shares of the company’s stock, valued at approximately $1,203,230. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph E. Laird, Jr. sold 1,000 shares of the business’s stock in a transaction dated Monday, April 17th. The stock was sold at an average price of $160.00, for a total transaction of $160,000.00. Following the completion of the sale, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $1,600,000. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by insiders.

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.

5 Day Chart for NYSE:FDS

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