American Capital Management Inc buys $35,675,741 stake in FactSet Research Systems (FDS)

FactSet Research Systems (FDS) : American Capital Management Inc scooped up 5,755 additional shares in FactSet Research Systems during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 236,655 shares of FactSet Research Systems which is valued at $35,675,741.FactSet Research Systems makes up approximately 3.24% of American Capital Management Inc’s portfolio.

FactSet Research Systems opened for trading at $151.2 and hit $152.5 on the upside on Monday, eventually ending the session at $152.15, with a gain of 0.93% or 1.4 points. The heightened volatility saw the trading volume jump to 2,73,896 shares. Company has a market cap of $6,220 M.

Other Hedge Funds, Including , Louisiana State Employees Retirement System reduced its stake in FDS by selling 100 shares or 0.87% in the most recent quarter. The Hedge Fund company now holds 11,400 shares of FDS which is valued at $1,718,550. FactSet Research Systems makes up approx 0.09% of Louisiana State Employees Retirement System’s portfolio.Metlife Securities Inc boosted its stake in FDS in the latest quarter, The investment management firm added 12 additional shares and now holds a total of 299 shares of FactSet Research Systems which is valued at $46,354.First Quadrant L Pca reduced its stake in FDS by selling 600 shares or 4.0% in the most recent quarter. The Hedge Fund company now holds 14,400 shares of FDS which is valued at $2,232,432. FactSet Research Systems makes up approx 0.05% of First Quadrant L Pca’s portfolio.Cwm boosted its stake in FDS in the latest quarter, The investment management firm added 6,471 additional shares and now holds a total of 64,869 shares of FactSet Research Systems which is valued at $10,056,641. FactSet Research Systems makes up approx 0.87% of Cwm’s portfolio.Benjamin F. Edwards Company reduced its stake in FDS by selling 218 shares or 17.78% in the most recent quarter. The Hedge Fund company now holds 1,008 shares of FDS which is valued at $155,131. FactSet Research Systems makes up approx 0.03% of Benjamin F. Edwards Company’s portfolio.

On the company’s financial health, FactSet Research Systems reported $1.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Mar 15, 2016. Analyst had a consensus of $1.52. The company had revenue of $281.80 million for the quarter, compared to analysts expectations of $283.07 million. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.46 EPS.

Many Wall Street Analysts have commented on FactSet Research Systems. FactSet Research Systems was Initiated by Sterne Agee CRT to “Neutral” on Mar 22, 2016. FactSet Research Systems was Downgraded by Stifel to ” Hold” on Mar 16, 2016. Shares were Downgraded by UBS on Mar 10, 2016 to ” Sell” and Lowered the Price Target to $ 138 from a previous price target of $164 .

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.

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