Campbell & CO Investment Adviser LLC Purchases Shares of 1,835 FactSet Research Systems Inc. (FDS)

Campbell & CO Investment Adviser LLC bought a new position in shares of FactSet Research Systems Inc. (NYSE:FDS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,835 shares of the business services provider’s stock, valued at approximately $411,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. raised its stake in FactSet Research Systems by 2.3% during the first quarter. Principal Financial Group Inc. now owns 169,896 shares of the business services provider’s stock worth $33,880,000 after acquiring an additional 3,810 shares in the last quarter. AMP Capital Investors Ltd acquired a new position in FactSet Research Systems during the second quarter worth about $588,000. Renaissance Technologies LLC raised its stake in FactSet Research Systems by 30.6% during the second quarter. Renaissance Technologies LLC now owns 217,500 shares of the business services provider’s stock worth $43,087,000 after acquiring an additional 51,000 shares in the last quarter. Epoch Investment Partners Inc. raised its stake in FactSet Research Systems by 252.2% during the second quarter. Epoch Investment Partners Inc. now owns 68,089 shares of the business services provider’s stock worth $13,489,000 after acquiring an additional 48,755 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in FactSet Research Systems by 4.4% during the second quarter. PNC Financial Services Group Inc. now owns 39,186 shares of the business services provider’s stock worth $7,763,000 after acquiring an additional 1,638 shares in the last quarter. 92.75% of the stock is owned by hedge funds and other institutional investors.

In related news, SVP Matthew J. Mcnulty sold 1,684 shares of the company’s stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $225.00, for a total value of $378,900.00. Following the sale, the senior vice president now directly owns 3,727 shares in the company, valued at $838,575. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert J. Robie sold 1,174 shares of the company’s stock in a transaction that occurred on Tuesday, October 2nd. The shares were sold at an average price of $224.78, for a total value of $263,891.72. Following the completion of the sale, the executive vice president now owns 2,862 shares in the company, valued at $643,320.36. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.



FDS has been the subject of several recent research reports. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $229.00 price objective for the company in a research note on Tuesday, July 24th. ValuEngine raised FactSet Research Systems from a “hold” rating to a “buy” rating in a research note on Wednesday, August 8th. Stifel Nicolaus upped their price objective on FactSet Research Systems from $188.00 to $223.00 and gave the company a “hold” rating in a research note on Wednesday, September 26th. Morgan Stanley set a $210.00 price objective on FactSet Research Systems and gave the company a “hold” rating in a research note on Thursday, September 13th. Finally, Wells Fargo & Co upped their price objective on FactSet Research Systems from $190.00 to $225.00 and gave the company a “market perform” rating in a research note on Wednesday, September 26th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $214.30.

FactSet Research Systems stock opened at $230.95 on Friday. FactSet Research Systems Inc. has a 1 year low of $183.89 and a 1 year high of $237.29. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.95 and a quick ratio of 1.95. The company has a market capitalization of $8.52 billion, a PE ratio of 27.08, a PEG ratio of 2.26 and a beta of 0.91.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, September 25th. The business services provider reported $2.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.21 by ($0.01). FactSet Research Systems had a net margin of 19.78% and a return on equity of 58.62%. The firm had revenue of $345.90 million during the quarter, compared to analyst estimates of $346.39 million. During the same period in the prior year, the company earned $1.90 EPS. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, sell-side analysts predict that FactSet Research Systems Inc. will post 9.52 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 18th. Investors of record on Friday, November 30th will be issued a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 1.11%. The ex-dividend date is Thursday, November 29th. FactSet Research Systems’s payout ratio is presently 30.01%.

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About FactSet Research Systems

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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