November 29, 2016 - By Marguerite Chambers · 0 Comments
Factset Research Systems Inc (NYSE:FDS) institutional sentiment decreased to 0.88 in Q2 2016. Its down -0.25, from 1.13 in 2016Q1. The ratio has worsened, as 166 active investment managers started new or increased positions, while 147 sold and decreased stakes in Factset Research Systems Inc. The active investment managers in our partner’s database now possess: 37.64 million shares, up from 37.10 million shares in 2016Q1. Also, the number of active investment managers holding Factset Research Systems Inc in their top 10 positions increased from 7 to 8 for an increase of 1. Sold All: 33 Reduced: 114 Increased: 123 New Position: 43.
Factset Research Systems Inc. is engaged in providing integrated financial information and big data analytical applications for the global investment community. The company has a market cap of $6.45 billion. The Company’s divisions include the U.S., Europe and Asia Pacific. It has a 19.7 P/E ratio. The U.S. segment services finance professionals, including financial institutions throughout the Americas.
About 109,500 shares traded hands. FactSet Research Systems Inc. (NYSE:FDS) has risen 5.07% since April 26, 2016 and is uptrending. It has underperformed by 0.19% the S&P500.
Analysts await FactSet Research Systems Inc. (NYSE:FDS) to report earnings on December, 20. They expect $1.70 EPS, up 18.06% or $0.26 from last year’s $1.44 per share. FDS’s profit will be $67.66M for 23.83 P/E if the $1.70 EPS becomes a reality. After $1.69 actual EPS reported by FactSet Research Systems Inc. for the previous quarter, Wall Street now forecasts 0.59% EPS growth.
According to Zacks Investment Research, “FactSet Research Systems Inc. supplies global economic and financial data to analysts, investment bankers and other financial professionals. The company combines databases from multiple suppliers into a single online source of information and analytics, including fundamental data on tens of thousands of American and international companies and securities. The company obtains financial information from several database vendors and when possible, seeks to maintain contractual relationships with a minimum of two database providers for each type of financial data. are on a flat or royalty (“
Bares Capital Management Inc. holds 5.5% of its portfolio in FactSet Research Systems Inc. for 478,638 shares. Raub Brock Capital Management Lp owns 90,908 shares or 4.41% of their US portfolio. Moreover, Provident Investment Management Inc. has 4.35% invested in the company for 130,798 shares. The North Carolina-based Saybrook Capital Nc has invested 4.29% in the stock. Dock Street Asset Management Inc, a Connecticut-based fund reported 25,928 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 6 insider sales for $1.82 million net activity.
Ratings analysis reveals 11% of FactSet Research Systems Inc.’s analysts are positive. Out of 9 Wall Street analysts rating FactSet Research Systems Inc., 1 give it “Buy”, 2 “Sell” rating, while 6 recommend “Hold”. The lowest target is $138 while the high is $189. The stock’s average target of $168.40 is 3.91% above today’s ($162.07) share price. FDS was included in 12 notes of analysts from September 22, 2015. The company was downgraded on Wednesday, March 16 by Stifel Nicolaus. The firm has “Hold” rating given on Thursday, January 7 by Evercore. The firm has “Underperform” rating given on Tuesday, September 27 by Raymond James. The firm earned “Neutral” rating on Tuesday, March 22 by Sterne Agee CRT. On Tuesday, November 10 the stock rating was initiated by Cantor Fitzgerald with “Hold”. Barclays Capital maintained it with “Equal Weight” rating and $160 target price in Wednesday, September 23 report. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, March 16. The firm has “Sell” rating given on Thursday, March 10 by UBS. Barclays Capital maintained it with “Equal-Weight” rating and $175 target price in Tuesday, August 23 report. The rating was initiated by Macquarie Research with “Neutral” on Friday, August 26.
Factset Research Systems Inc., incorporated on January 25, 1984, is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s activities are organized into three divisions based on geographic business activities: the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas. The European segment maintains offices in France, Germany, Italy, Ireland, Latvia, Luxembourg, the Netherlands, Spain, South Africa, Sweden and Dubai. The Asia Pacific segment has office locations in Australia, Hong Kong, Singapore and Mumbai, India. The Firm delivers insight and information to investment professionals through its analytics, service, content, and technology. The Firm offers third-party content through desktop, wireless and off-platform solutions.
More news for FactSet Research Systems Inc. (NYSE:FDS) were recently published by: Nasdaq.com, which released: “FactSet Research Systems Inc. (FDS) Ex-Dividend Date Scheduled for November 28 …” on November 25, 2016. Fortune.com‘s article titled: “FactSet Research Systems” and published on June 28, 2016 is yet another important article.
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By Marguerite Chambers