Cwm LLC Has $32,000 Position in FactSet Research Systems Inc. (FDS)

Cwm LLC raised its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 88.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 162 shares of the business services provider’s stock after purchasing an additional 76 shares during the quarter. Cwm LLC’s holdings in FactSet Research Systems were worth $32,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of FDS. Wells Fargo & Company MN raised its position in FactSet Research Systems by 5.1% in the third quarter. Wells Fargo & Company MN now owns 2,077,969 shares of the business services provider’s stock valued at $464,863,000 after purchasing an additional 100,449 shares during the period. Renaissance Technologies LLC raised its holdings in shares of FactSet Research Systems by 44.3% in the 3rd quarter. Renaissance Technologies LLC now owns 313,750 shares of the business services provider’s stock valued at $70,189,000 after buying an additional 96,250 shares during the period. Loomis Sayles & Co. L P raised its holdings in shares of FactSet Research Systems by 1.7% in the 3rd quarter. Loomis Sayles & Co. L P now owns 3,086,895 shares of the business services provider’s stock valued at $690,570,000 after buying an additional 51,270 shares during the period. Assenagon Asset Management S.A. purchased a new stake in shares of FactSet Research Systems in the 3rd quarter valued at $8,263,000. Finally, Schroder Investment Management Group raised its holdings in shares of FactSet Research Systems by 15.2% in the 3rd quarter. Schroder Investment Management Group now owns 247,117 shares of the business services provider’s stock valued at $55,282,000 after buying an additional 32,627 shares during the period. Institutional investors own 92.33% of the company’s stock.

In related news, Director Joseph Zimmel sold 2,622 shares of the business’s stock in a transaction on Thursday, January 3rd. The stock was sold at an average price of $195.74, for a total transaction of $513,230.28. Following the completion of the transaction, the director now directly owns 5,041 shares of the company’s stock, valued at approximately $986,725.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Frederick Philip Snow sold 1,182 shares of the business’s stock in a transaction on Friday, February 1st. The stock was sold at an average price of $218.62, for a total value of $258,408.84. The disclosure for this sale can be found here. Insiders have sold a total of 18,750 shares of company stock valued at $3,828,051 over the last three months. 2.30% of the stock is currently owned by insiders.

Several equities research analysts recently issued reports on the company. Cantor Fitzgerald reiterated a “hold” rating and issued a $209.00 price objective on shares of FactSet Research Systems in a report on Sunday, January 13th. Morgan Stanley cut their price objective on FactSet Research Systems from $207.00 to $200.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 8th. DA Davidson boosted their price objective on FactSet Research Systems to $206.00 and gave the company a “neutral” rating in a report on Wednesday, December 19th. Credit Suisse Group assumed coverage on FactSet Research Systems in a report on Friday, December 7th. They issued a “neutral” rating and a $238.00 price objective on the stock. Finally, Barclays upgraded FactSet Research Systems from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $210.00 to $235.00 in a report on Friday, December 7th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $219.36.

FDS opened at $221.34 on Friday. FactSet Research Systems Inc. has a 12 month low of $184.48 and a 12 month high of $237.95. The firm has a market cap of $8.39 billion, a P/E ratio of 24.92, a P/E/G ratio of 2.28 and a beta of 1.06. The company has a quick ratio of 2.49, a current ratio of 2.49 and a debt-to-equity ratio of 1.06.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, December 18th. The business services provider reported $2.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.29 by $0.06. FactSet Research Systems had a return on equity of 62.54% and a net margin of 20.47%. The firm had revenue of $351.60 million during the quarter, compared to analysts’ expectations of $349.92 million. During the same period in the previous year, the firm posted $2.04 EPS. FactSet Research Systems’s revenue for the quarter was up 6.8% on a year-over-year basis. As a group, research analysts forecast that FactSet Research Systems Inc. will post 9.49 EPS for the current fiscal year.

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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. 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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