Amalgamated Bank Has $3.24 Million Stake in FactSet Research Systems Inc. (NYSE:FDS)

Amalgamated Bank lowered its holdings in FactSet Research Systems Inc. (NYSE:FDS) by 4.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,926 shares of the business services provider’s stock after selling 336 shares during the quarter. Amalgamated Bank’s holdings in FactSet Research Systems were worth $3,236,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. UMB Bank n.a. lifted its position in FactSet Research Systems by 144.4% during the 2nd quarter. UMB Bank n.a. now owns 66 shares of the business services provider’s stock worth $27,000 after buying an additional 39 shares in the last quarter. Crewe Advisors LLC lifted its position in shares of 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 purchasing an additional 60 shares in the last quarter. Quest Partners LLC grew its stake in shares of 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 valued at $28,000 after purchasing an additional 67 shares during the last quarter. Gladius Capital Management LP acquired a new stake in shares of FactSet Research Systems in the second quarter valued at approximately $33,000. Finally, SJS Investment Consulting Inc. raised its position in FactSet Research Systems by 300.0% in the 2nd quarter. SJS Investment Consulting Inc. now owns 88 shares of the business services provider’s stock worth $36,000 after purchasing an additional 66 shares during the last quarter. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Stock Up 0.6 %

Shares of FactSet Research Systems stock opened at $468.80 on Tuesday. FactSet Research Systems Inc. has a 1 year low of $391.84 and a 1 year high of $488.64. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.28 and a quick ratio of 1.79. The company has a market capitalization of $17.83 billion, a P/E ratio of 35.35, a price-to-earnings-growth ratio of 2.64 and a beta of 0.75. The business has a 50-day moving average of $422.47 and a two-hundred day moving average of $428.08.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, topping the consensus estimate of $3.62 by $0.12. The firm had revenue of $562.20 million for the quarter, compared to the consensus estimate of $547.06 million. FactSet Research Systems had a net margin of 23.56% and a return on equity of 34.48%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the company posted $2.93 EPS. As a group, equities analysts predict that FactSet Research Systems Inc. will post 16.28 EPS for the current year.

FactSet Research Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 30th were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Friday, August 30th. FactSet Research Systems’s dividend payout ratio is 31.37%.

Insider Transactions at FactSet Research Systems

In related news, CEO Frederick Philip Snow sold 3,000 shares of FactSet Research Systems stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $412.75, for a total value of $1,238,250.00. Following the sale, the chief executive officer now owns 12,915 shares of the company’s stock, valued at approximately $5,330,666.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 9,000 shares of company stock valued at $3,714,960 over the last three months. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

FDS has been the subject of several research reports. Bank of America cut FactSet Research Systems from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $500.00 to $407.00 in a research note on Thursday, May 30th. Stifel Nicolaus boosted their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a report on Friday. UBS Group raised their target price on shares of FactSet Research Systems from $455.00 to $485.00 and gave the company a “neutral” rating in a research note on Friday. Royal Bank of Canada boosted their price target on shares of FactSet Research Systems from $464.00 to $503.00 and gave the stock a “sector perform” rating in a research note on Friday. Finally, Jefferies Financial Group cut their price objective on shares of FactSet Research Systems from $455.00 to $378.00 and set a “hold” rating on the stock in a report on Wednesday, June 5th. Four investment analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $446.67.

FactSet Research Systems Profile

FactSet Research Systems Inc, a financial data 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.