Bares Capital Management Has Lifted Its Factset Research Systems (FDS) Position by $17.05 Million as Market Value Rose; Parkwood Stake in Facebook (FB) Lowered by $1.17 Million as Valuation Declined

May 21, 2018 - By Vivian Currie

FactSet Research Systems Inc. (NYSE:FDS) Logo

Brian Bares increased its stake in Factset Research Systems Inc. (FDS) by 13.21% based on its latest 2017Q4 regulatory filing with the SEC. Bares Capital Management Inc bought 88,810 shares as the company’s stock rose 5.01% while stock markets declined. The hedge fund run by Brian Bares held 761,077 shares of the programming company at the end of 2017Q4, valued at $146.71M, up from 672,267 at the end of the previous reported quarter. Bares Capital Management Inc who had been investing in Factset Research Systems Inc. for a number of months, seems to be bullish on the $7.68B market cap company. The stock decreased 0.14% or $0.27 during the last trading session, reaching $197.63. About 190,374 shares traded. FactSet Research Systems Inc. (NYSE:FDS) has risen 15.57% since May 21, 2017 and is uptrending. It has outperformed by 4.02% the S&P500.

Parkwood Llc decreased its stake in Facebook Inc (FB) by 17.29% based on its latest 2017Q4 regulatory filing with the SEC. Parkwood Llc sold 6,642 shares as the company’s stock declined 14.10% with the market. The institutional investor held 31,780 shares of the technology company at the end of 2017Q4, valued at $5.61 million, down from 38,422 at the end of the previous reported quarter. Parkwood Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $528.79 billion market cap company. The stock decreased 0.59% or $1.08 during the last trading session, reaching $182.68. About 10.38M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 21, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q4. Its down 0.20, from 1.08 in 2017Q3. It fall, as 38 investors sold FDS shares while 127 reduced holdings. 46 funds opened positions while 99 raised stakes. 36.76 million shares or 1.32% more from 36.28 million shares in 2017Q3 were reported. Bright Rock Cap holds 0.47% or 9,000 shares. The New York-based Estabrook Capital Mgmt has invested 0.09% in FactSet Research Systems Inc. (NYSE:FDS). Tributary Cap Mgmt Ltd Liability Corp holds 0.11% or 6,500 shares in its portfolio. Cubist Systematic Strategies Ltd Limited Liability Company invested in 3,286 shares or 0.03% of the stock. 10,875 were reported by Franklin Resource Incorporated. Blair William And Il reported 0% in FactSet Research Systems Inc. (NYSE:FDS). Mufg Americas invested in 180 shares. Moreover, Employees Retirement Sys Of Ohio has 0.08% invested in FactSet Research Systems Inc. (NYSE:FDS) for 80,798 shares. M&T Fincl Bank Corporation, New York-based fund reported 8,859 shares. Ontario Teachers Pension Plan Board holds 0.01% or 2,632 shares. Credit Suisse Ag owns 43,231 shares. Alps Advsr Inc holds 3,271 shares. Virtus Invest Advisers holds 458,290 shares or 0.01% of its portfolio. Shine Inv Advisory Ser has invested 0.02% in FactSet Research Systems Inc. (NYSE:FDS). The Massachusetts-based Amer Research & Company has invested 0.01% in FactSet Research Systems Inc. (NYSE:FDS).

More notable recent FactSet Research Systems Inc. (NYSE:FDS) news were published by: Streetinsider.com which released: “FactSet (FDS) Reports Partnership with Quantopian to Launch Financial Data Analysis Platform” on April 26, 2018, also Streetinsider.com with their article: “FactSet (FDS) CFO to Depart” published on May 08, 2018, Investorplace.com published: “4 Business Services Stocks Poised to Beat Earnings Estimates” on May 14, 2018. More interesting news about FactSet Research Systems Inc. (NYSE:FDS) were released by: Investorplace.com and their article: “7 Surprising Stocks to Buy Now for Peak Earnings” published on May 18, 2018 as well as Globenewswire.com‘s news article titled: “FactSet Highlights new CSR Initiatives in Annual Corporate Social Responsibility Report” with publication date: May 16, 2018.

Bares Capital Management Inc, which manages about $984.50 million and $2.39 billion US Long portfolio, decreased its stake in Comscore Inc. (NASDAQ:SCOR) by 114,700 shares to 2.40 million shares, valued at $68.33M in 2017Q4, according to the filing.

Among 19 analysts covering FactSet Research Systems Inc. (NYSE:FDS), 2 have Buy rating, 3 Sell and 14 Hold. Therefore 11% are positive. FactSet Research Systems Inc. had 43 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, October 23 with “Outperform”. The stock has “Neutral” rating by Northcoast on Tuesday, December 5. The company was maintained on Monday, October 23 by Morgan Stanley. Barclays Capital maintained the shares of FDS in report on Tuesday, August 23 with “Equal-Weight” rating. The firm has “Neutral” rating by Sterne Agee CRT given on Tuesday, March 22. The stock of FactSet Research Systems Inc. (NYSE:FDS) earned “Equal Weight” rating by Barclays Capital on Wednesday, September 23. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, March 16. The firm has “Underperform” rating given on Tuesday, September 27 by Raymond James. The firm has “Buy” rating by Northcoast given on Thursday, September 21. The firm earned “Neutral” rating on Wednesday, March 28 by Cantor Fitzgerald.

Since January 3, 2018, it had 0 insider purchases, and 6 selling transactions for $11.84 million activity. Another trade for 1,500 shares valued at $296,325 was sold by BILLEADEAU SCOTT A. 5,675 FactSet Research Systems Inc. (NYSE:FDS) shares with value of $1.12 million were sold by Nicolelli Maurizio. 1,186 shares were sold by MCGONIGLE JAMES J, worth $229,989 on Monday, January 8. Hale Mark J. sold $9.52 million worth of stock.

Since December 7, 2017, it had 0 insider buys, and 54 insider sales for $2.31 billion activity. 5,587 Facebook, Inc. (NASDAQ:FB) shares with value of $1.05 million were sold by FISCHER DAVID B.. Sandberg Sheryl sold $8.57M worth of Facebook, Inc. (NASDAQ:FB) on Monday, April 2. Shares for $221.33 million were sold by Koum Jan. $7.14 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Schroepfer Michael Todd. $2.83M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Cox Christopher K. The insider Stretch Colin sold $134,125.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on July, 25. They expect $1.72 EPS, up 30.30% or $0.40 from last year’s $1.32 per share. FB’s profit will be $4.98B for 26.55 P/E if the $1.72 EPS becomes a reality. After $1.69 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 1.78% EPS growth.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 270 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Tuesday, January 16 with “Buy”. The rating was maintained by Bank of America on Sunday, August 16 with “Buy”. Jefferies maintained the stock with “Buy” rating in Thursday, November 2 report. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, October 11. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, October 11. The firm earned “Buy” rating on Thursday, November 2 by Citigroup. The firm earned “Buy” rating on Thursday, February 1 by Credit Suisse. The company was maintained on Thursday, November 2 by Credit Suisse. The stock has “Neutral” rating by BTIG Research on Friday, July 22. The rating was downgraded by BTIG Research on Thursday, November 3 to “Neutral”.

Parkwood Llc, which manages about $735.65M US Long portfolio, upped its stake in Netflix Inc (NASDAQ:NFLX) by 4,192 shares to 37,334 shares, valued at $7.17M in 2017Q4, according to the filing. It also increased its holding in Pepsico Inc (NYSE:PEP) by 5,131 shares in the quarter, for a total of 55,173 shares, and has risen its stake in Alcoa Corp.

FactSet Research Systems Inc. (NYSE:FDS) Institutional Positions Chart

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