FactSet Research Systems Inc. (NYSE:FDS) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale cut its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 34.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,808 shares of the business services provider’s stock after selling 2,045 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in FactSet Research Systems were worth $1,032,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in FDS. Whittier Trust Co. lifted its stake in shares of FactSet Research Systems by 350.0% during the fourth quarter. Whittier Trust Co. now owns 99 shares of the business services provider’s stock valued at $27,000 after buying an additional 77 shares during the period. Lenox Wealth Advisors LLC purchased a new position in shares of FactSet Research Systems during the fourth quarter valued at approximately $28,000. Cullen Frost Bankers Inc. lifted its stake in shares of FactSet Research Systems by 178.1% during the third quarter. Cullen Frost Bankers Inc. now owns 203 shares of the business services provider’s stock valued at $49,000 after buying an additional 130 shares during the period. Quest Capital Management Inc. ADV purchased a new position in shares of FactSet Research Systems during the third quarter valued at approximately $50,000. Finally, Capital Advisors Ltd. LLC purchased a new position in shares of FactSet Research Systems during the fourth quarter valued at approximately $64,000. Institutional investors and hedge funds own 98.44% of the company’s stock.

In other news, EVP Franck A.R. Gossieaux sold 2,897 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $265.49, for a total value of $769,124.53. Following the completion of the sale, the executive vice president now owns 832 shares of the company’s stock, valued at $220,887.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Frederick Philip Snow sold 1,769 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $286.84, for a total transaction of $507,419.96. Following the completion of the sale, the chief executive officer now directly owns 5,563 shares of the company’s stock, valued at approximately $1,595,690.92. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,851 shares of company stock worth $3,728,987. 2.30% of the stock is currently owned by insiders.

Several equities analysts recently issued reports on the stock. Barclays reissued a “hold” rating and set a $270.00 price objective on shares of FactSet Research Systems in a research note on Wednesday, December 18th. Jefferies Financial Group assumed coverage on shares of FactSet Research Systems in a research note on Wednesday, November 27th. They set a “hold” rating and a $253.00 price objective on the stock. Finally, UBS Group reduced their price objective on shares of FactSet Research Systems from $245.00 to $241.00 and set a “sell” rating on the stock in a research note on Friday, December 20th. Five equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $243.00.

NYSE:FDS opened at $299.54 on Friday. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.17. The company has a market cap of $11.25 billion, a P/E ratio of 29.02, a P/E/G ratio of 3.29 and a beta of 0.97. FactSet Research Systems Inc. has a fifty-two week low of $222.03 and a fifty-two week high of $305.38. The firm’s 50 day moving average is $277.93 and its two-hundred day moving average is $267.14.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, December 19th. The business services provider reported $2.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.42 by $0.16. The company had revenue of $366.70 million for the quarter, compared to the consensus estimate of $367.42 million. FactSet Research Systems had a net margin of 24.99% and a return on equity of 60.69%. FactSet Research Systems’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the firm posted $2.35 earnings per share. Research analysts forecast that FactSet Research Systems Inc. will post 10.03 earnings per share for the current fiscal year.

FactSet Research Systems 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. The company 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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