Rockefeller Capital Management L.P. Has $32.79 Million Holdings in FactSet Research Systems Inc. (FDS)

Rockefeller Capital Management L.P. lowered its stake in FactSet Research Systems Inc. (NYSE:FDS) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,554 shares of the business services provider’s stock after selling 2,776 shares during the period. Rockefeller Capital Management L.P. owned about 0.38% of FactSet Research Systems worth $32,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Arizona State Retirement System raised its position in shares of FactSet Research Systems by 0.9% during the 3rd quarter. Arizona State Retirement System now owns 27,236 shares of the business services provider’s stock worth $6,093,000 after acquiring an additional 247 shares in the last quarter. Capital Investment Services of America Inc. raised its position in shares of FactSet Research Systems by 0.5% during the 2nd quarter. Capital Investment Services of America Inc. now owns 53,412 shares of the business services provider’s stock worth $10,581,000 after acquiring an additional 278 shares in the last quarter. Suntrust Banks Inc. raised its position in shares of FactSet Research Systems by 19.0% during the 1st quarter. Suntrust Banks Inc. now owns 1,794 shares of the business services provider’s stock worth $356,000 after acquiring an additional 286 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of FactSet Research Systems by 13.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,504 shares of the business services provider’s stock worth $496,000 after acquiring an additional 288 shares in the last quarter. Finally, BB&T Corp raised its position in shares of FactSet Research Systems by 1.0% during the 3rd quarter. BB&T Corp now owns 28,982 shares of the business services provider’s stock worth $6,483,000 after acquiring an additional 292 shares in the last quarter. 91.80% of the stock is currently owned by institutional investors.

In related news, SVP Matthew J. Mcnulty sold 1,684 shares of the firm’s stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $225.00, for a total transaction of $378,900.00. Following the transaction, the senior vice president now owns 3,727 shares in the company, valued at approximately $838,575. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert J. Robie sold 1,174 shares of the firm’s stock in a transaction that occurred on Tuesday, October 2nd. The stock was sold at an average price of $224.78, for a total value of $263,891.72. Following the transaction, the executive vice president now owns 2,862 shares in the company, valued at approximately $643,320.36. The disclosure for this sale can be found here. Company insiders own 2.30% of the company’s stock.

FDS has been the topic of several research analyst reports. Wells Fargo & Co raised their target price on FactSet Research Systems from $190.00 to $225.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 26th. Barclays raised their target price on FactSet Research Systems from $185.00 to $210.00 and gave the stock an “underweight” rating in a research report on Wednesday, September 26th. Morgan Stanley set a $204.00 target price on FactSet Research Systems and gave the stock a “hold” rating in a research report on Monday, October 15th. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $226.00 target price on the stock in a research report on Wednesday, July 18th. Finally, Bank of America raised their target price on FactSet Research Systems from $214.00 to $245.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 26th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $212.45.

NYSE:FDS opened at $223.51 on Monday. The company has a market cap of $8.50 billion, a P/E ratio of 26.20, a PEG ratio of 2.25 and a beta of 0.91. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 1.09. FactSet Research Systems Inc. has a 52-week low of $183.89 and a 52-week high of $237.29.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings results on Tuesday, September 25th. The business services provider reported $2.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.01). The firm had revenue of $345.90 million for the quarter, compared to analysts’ expectations of $346.39 million. FactSet Research Systems had a return on equity of 58.62% and a net margin of 19.78%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.90 EPS. On average, research analysts expect that FactSet Research Systems Inc. will post 9.52 EPS for the current fiscal year.

FactSet Research Systems Profile

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. It delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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

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