Victory Capital Management Inc. trimmed its holdings in FactSet Research Systems Inc. (<a>NYSE:FDS</a> – <a>Free Report</a>) by 18.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,957 shares of the business services provider’s stock after selling 4,992 shares during the quarter. Victory Capital Management Inc. owned 0.06% of FactSet Research Systems worth $9,983,000 as of its most recent filing with the Securities and Exchange Commission. \n\nOther hedge funds also recently modified their holdings of the company. Cary Street Partners Financial LLC bought a new stake in shares of FactSet Research Systems in the fourth quarter valued at approximately $29,000. American National Bank &amp; Trust bought a new position in FactSet Research Systems in the first quarter worth $44,000. Golden State Wealth Management LLC lifted its position in FactSet Research Systems by 800.0% in the first quarter. Golden State Wealth Management LLC now owns 99 shares of the business services provider’s stock worth $45,000 after purchasing an additional 88 shares during the period. MassMutual Private Wealth &amp; Trust FSB lifted its position in FactSet Research Systems by 31.1% in the first quarter. MassMutual Private Wealth &amp; Trust FSB now owns 118 shares of the business services provider’s stock worth $54,000 after purchasing an additional 28 shares during the period. Finally, CX Institutional bought a new position in FactSet Research Systems in the first quarter worth $60,000. 91.24% of the stock is owned by institutional investors. \n\nFactSet Research Systems (<a>NYSE:FDS</a> – <a>Get Free Report</a>) last announced its earnings results on Monday, June 23rd. The business services provider reported $4.27 earnings per share for the quarter, missing analysts’ consensus estimates of $4.30 by ($0.03). FactSet Research Systems had a net margin of 23.30% and a return on equity of 31.59%. The business had revenue of $585.52 million during the quarter, compared to analyst estimates of $580.70 million. During the same quarter last year, the business posted $4.37 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. As a group, analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year. \n\nThe firm also recently announced a quarterly dividend, which was paid on Wednesday, June 18th. Stockholders of record on Friday, May 30th were paid a $1.10 dividend. The ex-dividend date was Friday, May 30th. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $1.04. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.04%. FactSet Research Systems’s dividend payout ratio (DPR) is 31.79%. \n\nSeveral research analysts recently commented on FDS shares. UBS Group reaffirmed a “neutral” rating on shares of FactSet Research Systems in a research report on Friday, June 20th. Wells Fargo &amp; Company raised their target price on FactSet Research Systems from $402.00 to $405.00 and gave the stock an “underweight” rating in a research report on Friday, June 20th. Morgan Stanley raised their target price on FactSet Research Systems from $390.00 to $393.00 and gave the stock an “underweight” rating in a research report on Friday, June 20th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Friday, June 20th. Finally, Evercore ISI dropped their price objective on FactSet Research Systems from $470.00 to $448.00 and set an “in-line” rating for the company in a research note on Monday, June 16th. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. According to MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and an average price target of $444.25.\n\nIn other news, Director <a>James J. Mcgonigle</a> sold 2,925 shares of the firm’s stock in a transaction on Monday, July 14th. The stock was sold at an average price of $451.39, for a total value of $1,320,315.75. Following the completion of the sale, the director directly owned 4,461 shares in the company, valued at approximately $2,013,650.79. This trade represents a 39.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through <a>this link</a>. Also, CAO <a>Gregory T. Moskoff</a> sold 2,500 shares of the firm’s stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $442.60, for a total value of $1,106,500.00. Following the completion of the sale, the chief accounting officer owned 44 shares of the company’s stock, valued at approximately $19,474.40. This trade represents a 98.27% decrease in their ownership of the stock. The disclosure for this sale can be found <a>here</a>. Over the last ninety days, insiders sold 13,031 shares of company stock worth $5,825,481. 1.10% of the stock is owned by corporate insiders. \n\nFactSet 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.

Victory Capital Management Inc. Sells 4,992 Shares of FactSet Research Systems Inc. (NYSE:FDS)

Victory Capital Management Inc. reduced its holdings in FactSet Research Systems by 18.5% in Q1, selling 4,992 shares. Other hedge funds, including Cary Street Partners and American National Bank & Trust, adjusted their positions. FactSet reported earnings per share of $4.27, missing analyst estimates, with a 5.9% revenue increase. The company raised its dividend to $1.10 annually, and analysts provided mixed ratings. Insiders sold shares, with directors reducing their ownership.