Iconiq Capital Lifted Apollo Global Mgmt (APO) Position By $687,800, FactSet Research Systems Inc. (FDS) Had 2 Bullish Analysts

June 26, 2017 - By Vivian Park

Among 11 analysts covering FactSet Research Systems Inc. (NYSE:FDS), 2 have Buy rating, 3 Sell and 6 Hold. Therefore 18% are positive. FactSet Research Systems Inc. had 16 analyst reports since September 22, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Raymond James given on Tuesday, September 27. Stifel Nicolaus downgraded the shares of FDS in report on Wednesday, March 16 to “Hold” rating. Stifel Nicolaus maintained FactSet Research Systems Inc. (NYSE:FDS) rating on Tuesday, December 8. Stifel Nicolaus has “Buy” rating and $189 target. UBS downgraded FactSet Research Systems Inc. (NYSE:FDS) on Thursday, March 10 to “Sell” rating. The stock of FactSet Research Systems Inc. (NYSE:FDS) has “Underweight” rating given on Tuesday, January 10 by Barclays Capital. As per Wednesday, March 16, the company rating was maintained by Barclays Capital. The firm has “Hold” rating given on Thursday, January 7 by Evercore. The stock of FactSet Research Systems Inc. (NYSE:FDS) has “Hold” rating given on Wednesday, April 26 by Stifel Nicolaus. The stock of FactSet Research Systems Inc. (NYSE:FDS) has “Neutral” rating given on Tuesday, March 22 by Sterne Agee CRT. Jefferies initiated the shares of FDS in report on Tuesday, September 22 with “Buy” rating. See FactSet Research Systems Inc. (NYSE:FDS) latest ratings:

11/05/2017 Broker: Deutsche Bank Rating: Hold New Target: $160.00 Maintain
26/04/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $163.00 Maintain
30/03/2017 Broker: Credit Suisse Rating: Outperform Old Target: $179.00 New Target: $185.00 Target Up
10/01/2017 Broker: Barclays Capital Old Rating: Equal Weight New Rating: Underweight Old Target: $170.00 New Target: $164.00 Downgrade

Iconiq Capital Llc increased Apollo Global Mgmt Llc (APO) stake by 69.35% reported in 2016Q4 SEC filing. Iconiq Capital Llc acquired 36,200 shares as Apollo Global Mgmt Llc (APO)’s stock rose 18.10%. The Iconiq Capital Llc holds 88,400 shares with $1.71M value, up from 52,200 last quarter. Apollo Global Mgmt Llc now has $4.97 billion valuation. The stock declined 4.01% or $1.09 reaching $26.19 on the news. About 2.51 million shares traded or 112.71% up from the average. Apollo Global Management LLC (NYSE:APO) has risen 63.33% since June 26, 2016 and is uptrending. It has outperformed by 46.63% the S&P500.

Among 14 analysts covering Apollo Global Management (NYSE:APO), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Apollo Global Management had 36 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by UBS on Thursday, February 4 with “Buy”. The rating was maintained by Deutsche Bank on Thursday, June 16 with “Hold”. The stock has “Buy” rating by Jefferies on Tuesday, March 22. The stock has “Overweight” rating by JP Morgan on Monday, November 2. The company was upgraded on Wednesday, January 4 by Goldman Sachs. The stock of Apollo Global Management LLC (NYSE:APO) has “Hold” rating given on Thursday, August 4 by Deutsche Bank. The stock of Apollo Global Management LLC (NYSE:APO) earned “Outperform” rating by Wells Fargo on Monday, February 6. Argus Research maintained Apollo Global Management LLC (NYSE:APO) rating on Friday, August 12. Argus Research has “Buy” rating and $24 target. The stock of Apollo Global Management LLC (NYSE:APO) has “Buy” rating given on Thursday, July 30 by Argus Research. The firm has “Buy” rating by Bank of America given on Tuesday, February 7.

Investors sentiment decreased to 1.08 in Q4 2016. Its down 0.11, from 1.19 in 2016Q3. It worsened, as 22 investors sold APO shares while 39 reduced holdings. 28 funds opened positions while 38 raised stakes. 105.52 million shares or 4.52% less from 110.52 million shares in 2016Q3 were reported. Stifel Financial reported 0% in Apollo Global Management LLC (NYSE:APO). Covey Limited Company has 101,312 shares for 1.13% of their portfolio. Qs Limited Liability Company holds 0% or 600 shares. Caldwell And Orkin owns 1.25% invested in Apollo Global Management LLC (NYSE:APO) for 101,600 shares. Markel invested 0.18% in Apollo Global Management LLC (NYSE:APO). Cg Asset Management Ltd Company stated it has 49,615 shares. Bnp Paribas Arbitrage Sa accumulated 45,279 shares or 0% of the stock. Highfields Capital Management Lp has invested 0.37% in Apollo Global Management LLC (NYSE:APO). Beck Mack & Oliver Limited Liability Corp accumulated 2.95M shares or 2.05% of the stock. Karpas Strategies Limited Liability has invested 0.23% of its portfolio in Apollo Global Management LLC (NYSE:APO). Hillsdale Incorporated stated it has 42,300 shares or 0.17% of all its holdings. Arbiter Prtnrs Cap Mngmt Ltd Liability Co holds 15,000 shares or 0.05% of its portfolio. The New York-based Millennium Management Limited Liability has invested 0.02% in Apollo Global Management LLC (NYSE:APO). Raymond James And Associates invested in 42,851 shares. Greenwich Investment Mngmt has invested 1.59% in Apollo Global Management LLC (NYSE:APO).

About 356,325 shares traded or 42.46% up from the average. FactSet Research Systems Inc. (NYSE:FDS) has risen 5.61% since June 26, 2016 and is uptrending. It has underperformed by 11.09% the S&P500.

Since January 3, 2017, it had 0 insider buys, and 7 sales for $6.55 million activity. 3,085 shares were sold by LAIRD JOSEPH E JR, worth $524,450 on Friday, January 6. 3,000 FactSet Research Systems Inc. (NYSE:FDS) shares with value of $510,600 were sold by MCGONIGLE JAMES J. BILLEADEAU SCOTT A had sold 5,750 shares worth $948,930 on Tuesday, January 3. 20,429 shares were sold by Nicolelli Maurizio, worth $3.43M on Thursday, January 12.

Factset Research Systems Inc. is engaged in providing integrated financial information and big data analytical applications for the global investment community. The company has market cap of $6.63 billion. The Company’s divisions include the U.S., Europe and Asia Pacific. It has a 19.66 P/E ratio. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

Investors sentiment increased to 0.99 in Q4 2016. Its up 0.11, from 0.88 in 2016Q3. It is positive, as 42 investors sold FactSet Research Systems Inc. shares while 118 reduced holdings. 48 funds opened positions while 111 raised stakes. 36.29 million shares or 2.13% less from 37.08 million shares in 2016Q3 were reported. Asset Inc has 0.02% invested in FactSet Research Systems Inc. (NYSE:FDS) for 8,250 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,389 shares. Paloma Ptnrs has invested 0.03% in FactSet Research Systems Inc. (NYSE:FDS). Tortoise Limited Co has 13 shares. Retirement Of Alabama owns 51,570 shares for 0.05% of their portfolio. Intrust Bancorporation Na, a Kansas-based fund reported 1,890 shares. Marshall Wace Llp holds 0% or 2,379 shares in its portfolio. Cibc Asset Management invested in 0% or 1,316 shares. Plante Moran Fincl Advisors Limited Liability Corporation invested 0% of its portfolio in FactSet Research Systems Inc. (NYSE:FDS). Ameritas Investment Ptnrs has 0.15% invested in FactSet Research Systems Inc. (NYSE:FDS). Moreover, Tiaa Cref Mngmt Ltd Llc has 0.02% invested in FactSet Research Systems Inc. (NYSE:FDS) for 153,064 shares. Cullinan holds 0.11% in FactSet Research Systems Inc. (NYSE:FDS) or 8,210 shares. Huntington Retail Bank accumulated 123 shares or 0% of the stock. Peak6 Invs Lp holds 2,698 shares. Tiverton Asset Ltd Liability Com holds 59,428 shares.