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 company’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $433.73, for a total transaction of $157,443.99. Following the completion of the sale, the chief accounting officer now owns 44 shares in the company, valued at approximately $19,084.12. This trade represents a 89.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

FactSet Research Systems Price Performance

Shares of FDS opened at $440.90 on Thursday. The firm has a fifty day simple moving average of $454.52 and a two-hundred day simple moving average of $464.67. The firm has a market cap of $16.77 billion, a PE ratio of 31.61, a P/E/G ratio of 2.93 and a beta of 0.77. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.65. FactSet Research Systems Inc. has a 1-year low of $391.84 and a 1-year high of $499.87.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data 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 company had revenue of $570.70 million during the quarter, compared to analysts’ expectations of $570.65 million. During the same quarter in the prior year, the business earned $4.22 earnings per share. FactSet Research Systems’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, equities analysts anticipate that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 28th were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 29.59%.

Wall Street Analyst Weigh In

FDS has been the topic of several recent research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $503.00 price objective on shares of FactSet Research Systems in a research report on Monday, March 10th. UBS Group reduced their price target on FactSet Research Systems from $525.00 to $480.00 and set a “neutral” rating for the company in a report on Friday, March 21st. Stifel Nicolaus upped their price target on shares of FactSet Research Systems from $469.00 to $493.00 and gave the stock a “hold” rating in a research note on Friday, December 20th. BMO Capital Markets reduced their price objective on shares of FactSet Research Systems from $498.00 to $466.00 and set a “market perform” rating for the company in a research note on Monday. Finally, Morgan Stanley dropped their target price on shares of FactSet Research Systems from $409.00 to $390.00 and set an “underweight” rating on the stock in a research note on Friday, March 21st. Five investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. According to data from MarketBeat, FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $436.27.

Hedge Funds Weigh In On FactSet Research Systems

Institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp raised its position in FactSet Research Systems by 2.2% in the third quarter. State Street Corp now owns 1,932,376 shares of the business services provider’s stock worth $888,603,000 after acquiring an additional 42,303 shares during the period. Geode Capital Management LLC increased its stake in shares of FactSet Research Systems by 9.4% in the 4th quarter. Geode Capital Management LLC now owns 1,096,592 shares of the business services provider’s stock worth $527,411,000 after purchasing an additional 94,668 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in FactSet Research Systems by 3.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 505,587 shares of the business services provider’s stock worth $240,184,000 after purchasing an additional 16,522 shares during the period. JPMorgan Chase & Co. lifted its position in FactSet Research Systems by 1.6% during the fourth quarter. JPMorgan Chase & Co. now owns 501,068 shares of the business services provider’s stock valued at $240,653,000 after purchasing an additional 7,718 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in FactSet Research Systems by 17.2% during the fourth quarter. Invesco Ltd. now owns 456,149 shares of the business services provider’s stock valued at $219,079,000 after purchasing an additional 66,861 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

About FactSet Research Systems

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.