FactSet Research Systems (FDS) : Saybrook Capital Nc scooped up 350 additional shares in FactSet Research Systems during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 41,484 shares of FactSet Research Systems which is valued at $6,685,976.FactSet Research Systems makes up approximately 4.37% of Saybrook Capital Nc’s portfolio.
Other Hedge Funds, Including , Cubist Systematic Strategies boosted its stake in FDS in the latest quarter, The investment management firm added 14,484 additional shares and now holds a total of 16,962 shares of FactSet Research Systems which is valued at $2,733,766. FactSet Research Systems makes up approx 0.18% of Cubist Systematic Strategies’s portfolio. Blackrock Japan Ltd added FDS to its portfolio by purchasing 330 company shares during the most recent quarter which is valued at $51,084. Tower Research Capital (trc) added FDS to its portfolio by purchasing 1,817 company shares during the most recent quarter which is valued at $281,272. FactSet Research Systems makes up approx 0.03% of Tower Research Capital (trc)’s portfolio.Dock Street Asset Management Inc boosted its stake in FDS in the latest quarter, The investment management firm added 2,842 additional shares and now holds a total of 28,770 shares of FactSet Research Systems which is valued at $4,442,376. FactSet Research Systems makes up approx 3.07% of Dock Street Asset Management Inc’s portfolio.
FactSet Research Systems opened for trading at $162.77 and hit $163.51 on the upside on Monday, eventually ending the session at $163.06, with a gain of 0.37% or 0.6 points. The heightened volatility saw the trading volume jump to 2,48,127 shares. Company has a market cap of $6,512 M.
On the company’s financial health, FactSet Research Systems reported $1.69 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Sep 27, 2016. Analyst had a consensus of $1.70. The company had revenue of $287.30 million for the quarter, compared to analysts expectations of $290.06 million. The company’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 EPS.
Investors should note that on Nov 10, 2016, FactSet Research Systems announced a cash dividend of $0.5000. The company’s management has announced Nov 28, 2016 as the ex-dividend date and fixed the record date on Nov 30, 2016. The payable date has been fixed on Dec 20, 2016.
Many Wall Street Analysts have commented on FactSet Research Systems. FactSet Research Systems was Downgraded by Raymond James to ” Underperform” on Sep 27, 2016. Macquarie Initiated FactSet Research Systems on Aug 26, 2016 to “Neutral”, Price Target of the shares are set at $180.
FactSet Research Systems Inc. (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S. Europe and Asia Pacific. Sales consulting data collection product development and software engineering are the primary functional groups within the U.S. Europe and Asia Pacific segments that provide global financial and economic information to investment managers investment banks and other financial services professionals. The U.S. segment services finance professionals including financial institutions throughout the Americas while the European and Asia Pacific segments service investment professionals located throughout Europe and the Asia Pacific region respectively. FactSet combines content regarding companies and securities from markets all over the globe into a single online platform of information and analytics.