Sanctuary Advisors LLC holds $9.73M position in FactSet Research Systems Inc. (NYSE:FDS)

Sanctuary Advisors LLC purchased a new position in FactSet Research Systems Inc. (NYSE:FDS – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 23,092 shares of the business services provider’s stock, valued at approximately $9,733,000.

Several other institutional investors have also recently bought and sold shares of the company. UMB Bank grew its position in shares of FactSet Research Systems by 144.4% during the 2nd quarter. UMB Bank now owns 66 shares of the business services provider’s stock worth $27,000 after buying an additional 39 shares in the the last quarter. Crewe Advisors LLC raised its holdings in FactSet Research Systems by 750.0% during the second quarter. Crewe Advisors LLC now owns 68 shares of the business services provider’s stock worth $28,000 after acquiring an additional 60 shares in the last quarter. Quest Partners LLC grew its holdings in FactSet Research Systems by 6,700.0% during the second quarter. Quest Partners LLC now owns 68 shares of the business services provider’s stock worth $28,000 after acquiring an additional 67 shares in the last quarter. Gladius Capital Management LP acquired a new position in FactSet Research Systems in the second quarter valued at about $33,000. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of FactSet Research Systems by 300.0% in the second quarter. SJS Investment Consulting Inc. now owns 88 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 66 shares in the last quarter. 91.24% of the shares are currently held by hedge funds and other institutional investors.

Analysts set new price targets

A number of equities analysts recently issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of FactSet Research Systems from $464.00 to $503.00 and gave the company a “sector perform” rating in a research note on Friday, September 20th. Stifel Nicolaus upped their price target on FactSet Research Systems from $451.00 to $469.00 and gave the company a “hold” rating in a report on Friday, September 20th. Morgan Stanley increased their target price on FactSet Research Systems from $350.00 to $355.00 and gave the stock an “underweight” rating in a research report on Monday, June 24th. UBS Group raised their price objective on FactSet Research Systems from $455.00 to $485.00 and gave the company a “neutral” rating in a research report on Friday, September 20th. Finally, BMO Capital Markets raised their target price on FactSet Research Systems from $440.00 to $471.00 and gave the company a “market perform” rating in a research note on Friday. September 20. Four analysts have rated the stock with a sell rating and ten have given a hold rating to the company. FactSet Research Systems presently has a consensus rating of “Hold” and a consensus price target of $448.46, according to MarketBeat.

Check out our latest FDS review

FactSet Research Systems Price Performance

Shares of FDS stock opened at $459.09 on Friday. The stock’s 50-day simple moving average is $426.86, and its 200-day simple moving average is $427.52. The firm has a market cap of $17.46 billion, a price-to-earnings ratio of 34.62, a PEG ratio of 3.11 and a beta of 0.75. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.79, and a current ratio of 1.25. FactSet Research Systems Inc. it has a fifty-two week low of $391.84 and a fifty-two week high of $488.64.

FactSet Research Systems (NYSE:FDS – Get Free Report ) last issued its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.62 by $0.12. The business had revenue of $562.20 million during the quarter, compared to analysts’ expectations of $547.06 million. FactSet Research Systems had a net margin of 24.38% and a return on equity of 34.77%. The company’s quarterly revenue was up 4.9% year over year. In the same quarter last year, the company posted earnings of $2.93 per share. As a group, equities analysts estimate that FactSet Research Systems Inc. will post 17.16 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Friday, August 30th were given a dividend of $1.04 per share. The ex-dividend date was Friday, August 30. This represents an annualized dividend of $4.16 and a yield of 0.91%. FactSet Research Systems’ payout ratio is currently 31.37%.

Indoor activity

In related news, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the completion of the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at $5,380,259.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. In other news, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the sale, the executive vice president now owns 23,515 shares in the company, valued at $10,726,367.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed via this hyperlink. Also, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $416.59, for a total transaction of $1,249,770.00. Following the completion of the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at $5,380,259.85. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,362 shares of company stock worth $12,688,945. Company insiders hold 1.00% of the company’s shares.

About FactSet Research Systems

(Free Report)

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, Middle East, Africa and Asia Pacific. The company provides insights and insights through research, analytics and trading workflow solutions, content and technology solutions, and wealth.

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Want to see what other hedge funds own FDS? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for FactSet Research Systems Inc. (NYSE:FDS – Free Report).

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