New Amsterdam Partners LLC NY Invests $373,000 in FactSet Research Systems Inc. (FDS) Stock

New Amsterdam Partners LLC NY acquired a new stake in FactSet Research Systems Inc. (NYSE:FDS) in the fourth quarter, HoldingsChannel reports. The firm acquired 1,934 shares of the business services provider’s stock, valued at approximately $373,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FDS. The Manufacturers Life Insurance Company increased its holdings in FactSet Research Systems by 288.3% in the second quarter. The Manufacturers Life Insurance Company now owns 497,418 shares of the business services provider’s stock valued at $82,660,000 after purchasing an additional 369,323 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in FactSet Research Systems by 1,577.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 82,200 shares of the business services provider’s stock valued at $13,660,000 after purchasing an additional 77,300 shares during the period. Janus Henderson Group PLC increased its holdings in FactSet Research Systems by 65.2% in the second quarter. Janus Henderson Group PLC now owns 188,562 shares of the business services provider’s stock valued at $31,335,000 after purchasing an additional 74,406 shares during the period. Fiduciary Management Inc. WI increased its holdings in FactSet Research Systems by 33.3% in the third quarter. Fiduciary Management Inc. WI now owns 254,972 shares of the business services provider’s stock valued at $45,923,000 after purchasing an additional 63,672 shares during the period. Finally, Bares Capital Management Inc. increased its holdings in FactSet Research Systems by 9.7% in the third quarter. Bares Capital Management Inc. now owns 672,267 shares of the business services provider’s stock valued at $121,082,000 after purchasing an additional 59,249 shares during the period. Institutional investors and hedge funds own 93.98% of the company’s stock.

A number of research firms recently weighed in on FDS. Morgan Stanley increased their price objective on FactSet Research Systems from $179.00 to $186.00 and gave the company an “equal weight” rating in a report on Wednesday, January 31st. Northcoast Research downgraded FactSet Research Systems from a “buy” rating to a “neutral” rating in a report on Tuesday, December 5th. Piper Jaffray Companies reiterated a “hold” rating and set a $199.00 price target on shares of FactSet Research Systems in a report on Thursday, December 21st. Wells Fargo & Co set a $185.00 price target on FactSet Research Systems and gave the stock a “hold” rating in a report on Wednesday, December 20th. Finally, Oppenheimer reiterated a “hold” rating on shares of FactSet Research Systems in a report on Tuesday, December 19th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $184.62.

Shares of FactSet Research Systems Inc. (NYSE:FDS) opened at $192.15 on Tuesday. The company has a current ratio of 2.64, a quick ratio of 2.64 and a debt-to-equity ratio of 0.93. FactSet Research Systems Inc. has a 1-year low of $155.09 and a 1-year high of $209.02. The firm has a market capitalization of $7,778.63, a PE ratio of 26.23, a price-to-earnings-growth ratio of 2.17 and a beta of 0.96.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings results on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.98 by $0.06. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The firm had revenue of $329.10 million during the quarter, compared to the consensus estimate of $330.49 million. During the same period last year, the business posted $1.75 EPS. The business’s revenue was up 14.2% compared to the same quarter last year. sell-side analysts predict that FactSet Research Systems Inc. will post 8.37 earnings per share for the current year.

In other news, Director James J. Mcgonigle sold 1,186 shares of the stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $193.92, for a total transaction of $229,989.12. Following the transaction, the director now owns 22,754 shares of the company’s stock, valued at approximately $4,412,455.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Matthew J. Mcnulty sold 1,400 shares of the stock in a transaction dated Saturday, December 29th. The stock was sold at an average price of $192.70, for a total transaction of $269,780.00. Following the transaction, the vice president now directly owns 3,248 shares in the company, valued at approximately $625,889.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 55,406 shares of company stock valued at $10,957,561. Company insiders own 2.80% of the company’s stock.

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FactSet Research Systems 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.

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

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