Axa S.A. Has $6.30 Million Position in FactSet Research Systems Inc. (NYSE:FDS)

Axa S.A. reduced its holdings in shares of FactSet Research Systems Inc. (NYSE:FDS) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,757 shares of the business services provider’s stock after selling 1,174 shares during the period. Axa S.A.’s holdings in FactSet Research Systems were worth $6,295,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Lazard Asset Management LLC boosted its position in FactSet Research Systems by 0.3% in the second quarter. Lazard Asset Management LLC now owns 10,884 shares of the business services provider’s stock valued at $3,652,000 after buying an additional 29 shares in the last quarter. Key Financial Inc boosted its position in FactSet Research Systems by 21.4% in the second quarter. Key Financial Inc now owns 170 shares of the business services provider’s stock valued at $61,000 after buying an additional 30 shares in the last quarter. Private Advisor Group LLC boosted its position in FactSet Research Systems by 2.5% in the second quarter. Private Advisor Group LLC now owns 1,229 shares of the business services provider’s stock valued at $413,000 after buying an additional 30 shares in the last quarter. Aviva PLC boosted its position in FactSet Research Systems by 0.3% in the first quarter. Aviva PLC now owns 12,445 shares of the business services provider’s stock valued at $3,840,000 after buying an additional 33 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its position in FactSet Research Systems by 39.6% in the second quarter. Quadrant Capital Group LLC now owns 127 shares of the business services provider’s stock valued at $43,000 after buying an additional 36 shares in the last quarter. Hedge funds and other institutional investors own 87.49% of the company’s stock.

FDS opened at $409.73 on Thursday. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.28 and a quick ratio of 3.27. The company has a market cap of $15.48 billion, a price-to-earnings ratio of 40.85, a price-to-earnings-growth ratio of 4.08 and a beta of 0.80. The firm has a 50 day simple moving average of $380.30 and a 200 day simple moving average of $348.49. FactSet Research Systems Inc. has a fifty-two week low of $294.21 and a fifty-two week high of $415.75.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Monday, September 27th. The business services provider reported $2.88 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.73 by $0.15. The business had revenue of $411.90 million during the quarter, compared to the consensus estimate of $404.92 million. FactSet Research Systems had a net margin of 24.80% and a return on equity of 44.88%. FactSet Research Systems’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.88 earnings per share. As a group, analysts expect that FactSet Research Systems Inc. will post 11.03 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 16th. Shareholders of record on Tuesday, August 31st were paid a $0.82 dividend. This represents a $3.28 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend was Monday, August 30th. FactSet Research Systems’s payout ratio is presently 30.17%.

In other FactSet Research Systems news, Director Joseph Zimmel sold 5,626 shares of the company’s stock in a transaction that occurred on Friday, July 16th. The shares were sold at an average price of $342.56, for a total value of $1,927,242.56. Following the completion of the sale, the director now owns 4,711 shares of the company’s stock, valued at $1,613,800.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sheila B. Jordan sold 1,935 shares of the stock in a transaction on Thursday, August 5th. The stock was sold at an average price of $357.13, for a total transaction of $691,046.55. Following the sale, the director now directly owns 1,935 shares of the company’s stock, valued at approximately $691,046.55. The disclosure for this sale can be found here. Insiders sold 28,997 shares of company stock valued at $10,696,915 in the last ninety days. Insiders own 0.74% of the company’s stock.

FDS has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of FactSet Research Systems from a “hold” rating to a “buy” rating and set a $418.00 price target on the stock in a research report on Thursday, September 30th. UBS Group upgraded shares of FactSet Research Systems from a “sell” rating to a “neutral” rating and upped their target price for the stock from $303.00 to $415.00 in a research report on Thursday, September 30th. Deutsche Bank Aktiengesellschaft upped their target price on shares of FactSet Research Systems from $330.00 to $380.00 and gave the stock a “hold” rating in a research report on Wednesday, September 29th. Morgan Stanley upped their target price on shares of FactSet Research Systems from $286.00 to $301.00 and gave the stock an “underweight” rating in a research report on Wednesday, September 29th. Finally, The Goldman Sachs Group reduced their target price on shares of FactSet Research Systems from $276.00 to $274.00 and set a “sell” rating on the stock in a research report on Wednesday, June 30th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $379.60.

FactSet Research Systems Company Profile

FactSet Research Systems Inc (the “”Company”” or “”FactSet””) is a global provider of integrated financial information, analytical applications and services for the investment and corporate communities. Since inception, global financial professionals have utilized the Company’s content and multi-asset class solutions across each stage of the investment process.

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

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