FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff Sells 363 Shares

FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff sold 363 shares of the business’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $433.73, for a total value of $157,443.99. Following the sale, the chief accounting officer now directly owns 44 shares in the company, valued at $19,084.12. This trade represents a 89.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

FactSet Research Systems Trading Up 1.8 %

FactSet Research Systems stock opened at $440.10 on Wednesday. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $499.87. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.65. The stock has a market cap of $16.74 billion, a P/E ratio of 31.55, a P/E/G ratio of 2.93 and a beta of 0.77. The company’s fifty day simple moving average is $454.78 and its 200-day simple moving average is $464.84.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, March 20th. The business services provider reported $4.28 EPS for the quarter, beating analysts’ consensus estimates of $4.17 by $0.11. FactSet Research Systems had a return on equity of 33.92% and a net margin of 24.16%. The firm had revenue of $570.70 million for the quarter, compared to the consensus estimate of $570.65 million. During the same quarter in the previous year, the company posted $4.22 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. As a group, sell-side analysts forecast that FactSet Research Systems Inc. will post 17.21 EPS for the current fiscal year.

FactSet Research Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, February 28th were given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.95%. The ex-dividend date was Friday, February 28th. FactSet Research Systems’s payout ratio is presently 29.59%.

Institutional Trading of FactSet Research Systems

Several large investors have recently added to or reduced their stakes in FDS. Quest Partners LLC lifted its stake in shares of FactSet Research Systems by 560.3% in the 3rd quarter. Quest Partners LLC now owns 449 shares of the business services provider’s stock valued at $206,000 after purchasing an additional 381 shares during the last quarter. Raymond James Trust N.A. lifted its position in shares of FactSet Research Systems by 2.3% in the third quarter. Raymond James Trust N.A. now owns 948 shares of the business services provider’s stock worth $436,000 after buying an additional 21 shares during the last quarter. Meridian Wealth Management LLC bought a new stake in shares of FactSet Research Systems during the 3rd quarter worth about $321,000. Great Valley Advisor Group Inc. bought a new stake in shares of FactSet Research Systems during the 3rd quarter worth about $224,000. Finally, Cerity Partners LLC raised its stake in shares of FactSet Research Systems by 164.0% in the 3rd quarter. Cerity Partners LLC now owns 5,124 shares of the business services provider’s stock valued at $2,356,000 after acquiring an additional 3,183 shares in the last quarter. 91.24% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on FDS shares. UBS Group dropped their price target on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating on the stock in a research note on Friday, March 21st. Royal Bank of Canada reissued a “sector perform” rating and issued a $503.00 target price on shares of FactSet Research Systems in a research report on Monday, March 10th. Wells Fargo & Company downgraded shares of FactSet Research Systems from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $450.00 to $402.00 in a research report on Friday, March 21st. BMO Capital Markets lowered their price objective on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating on the stock in a research report on Monday. Finally, Stifel Nicolaus boosted their target price on shares of FactSet Research Systems from $469.00 to $493.00 and gave the company a “hold” rating in a research note on Friday, December 20th. Five investment analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems has a consensus rating of “Hold” and an average target price of $436.27.

FactSet Research Systems Company Profile

FactSet 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.