Amalgamated Bank Buys 166 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Amalgamated Bank boosted its stake in FactSet Research Systems Inc. (NYSE:FDSGet Rating) by 1.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 15,477 shares of the business services provider’s stock after acquiring an additional 166 shares during the quarter. Amalgamated Bank’s holdings in FactSet Research Systems were worth $6,719,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quent Capital LLC bought a new position in shares of FactSet Research Systems during the fourth quarter valued at $32,000. Tyler Stone Wealth Management bought a new position in shares of FactSet Research Systems during the fourth quarter valued at $36,000. Pinebridge Investments L.P. bought a new position in shares of FactSet Research Systems during the first quarter valued at $42,000. Credit Agricole S A bought a new position in shares of FactSet Research Systems during the fourth quarter valued at $56,000. Finally, Okabena Investment Services Inc. bought a new position in shares of FactSet Research Systems during the fourth quarter valued at $70,000. Institutional investors own 90.38% of the company’s stock.

Insider Activity at FactSet Research Systems

In related news, CEO Frederick Philip Snow sold 2,500 shares of the stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $384.54, for a total transaction of $961,350.00. Following the completion of the sale, the chief executive officer now directly owns 3,988 shares of the company’s stock, valued at $1,533,545.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other FactSet Research Systems news, CEO Frederick Philip Snow sold 2,500 shares of the stock in a transaction on Friday, July 1st. The stock was sold at an average price of $384.54, for a total transaction of $961,350.00. Following the completion of the transaction, the chief executive officer now directly owns 3,988 shares of the company’s stock, valued at $1,533,545.52. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Jonathan Reeve sold 335 shares of the stock in a transaction on Friday, July 8th. The shares were sold at an average price of $401.55, for a total value of $134,519.25. Following the transaction, the executive vice president now directly owns 111 shares of the company’s stock, valued at $44,572.05. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,907 shares of company stock valued at $3,554,827. 0.83% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on FDS shares. StockNews.com downgraded shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a research note on Sunday, June 26th. Morgan Stanley lowered their target price on shares of FactSet Research Systems from $362.00 to $338.00 and set an “underweight” rating for the company in a research note on Tuesday, June 21st. Deutsche Bank Aktiengesellschaft raised shares of FactSet Research Systems from a “hold” rating to a “buy” rating and set a $507.00 target price for the company in a research note on Friday, August 26th. Royal Bank of Canada lifted their target price on shares of FactSet Research Systems from $475.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, August 18th. Finally, Credit Suisse Group lowered their target price on shares of FactSet Research Systems from $475.00 to $390.00 and set a “neutral” rating for the company in a research note on Friday, June 24th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $421.75.

FactSet Research Systems Stock Down 0.1 %

Shares of NYSE FDS opened at $446.02 on Monday. The stock has a market capitalization of $16.94 billion, a P/E ratio of 43.77, a P/E/G ratio of 3.01 and a beta of 0.79. The company has a 50-day moving average price of $429.02 and a 200-day moving average price of $409.54. FactSet Research Systems Inc. has a 1 year low of $345.92 and a 1 year high of $495.39. The company has a debt-to-equity ratio of 1.66, a current ratio of 2.12 and a quick ratio of 2.12.

FactSet Research Systems (NYSE:FDSGet Rating) last announced its earnings results on Thursday, June 23rd. The business services provider reported $3.76 earnings per share for the quarter, topping analysts’ consensus estimates of $3.18 by $0.58. The firm had revenue of $488.75 million for the quarter, compared to the consensus estimate of $476.06 million. FactSet Research Systems had a return on equity of 44.24% and a net margin of 22.41%. During the same quarter in the previous year, the business earned $2.72 EPS. On average, equities research analysts forecast that FactSet Research Systems Inc. will post 13.52 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Wednesday, August 31st were given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend was Tuesday, August 30th. FactSet Research Systems’s payout ratio is 34.94%.

FactSet Research Systems Profile

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

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

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