FactSet Research Systems Inc. (NYSE:FDS) CAO Sells $138,435.00 in Stock

FactSet Research Systems Inc. (NYSE:FDS - Get Free Report) CAO Gregory T. Moskoff sold 330 shares of the company's stock in a transaction that occurred on Tuesday, April 30th. The stock was sold at an average price of $419.50, for a total value of $138,435.00. Following the completion of the sale, the chief accounting officer now owns 72 shares in the company, valued at approximately $30,204. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

FactSet Research Systems Price Performance

Shares of FDS traded down $6.05 during midday trading on Tuesday, hitting $416.89. 253,941 shares of the company traded hands, compared to its average volume of 241,170. FactSet Research Systems Inc. has a 52 week low of $380.96 and a 52 week high of $488.64. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. The firm has a 50 day moving average of $449.84 and a 200-day moving average of $454.81. The stock has a market cap of $15.89 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.59 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS - Get Free Report) last released its quarterly earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share for the quarter, beating the consensus estimate of $3.83 by $0.39. The business had revenue of $545.95 million during the quarter, compared to analysts' expectations of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. On average, analysts forecast that FactSet Research Systems Inc. will post 15.83 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were paid a $0.98 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.94%. FactSet Research Systems's payout ratio is currently 31.04%.

Hedge Funds Weigh In On FactSet Research Systems

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of FactSet Research Systems by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 4,559,576 shares of the business services provider's stock worth $2,175,146,000 after buying an additional 16,801 shares in the last quarter. Bamco Inc. NY grew its stake in shares of FactSet Research Systems by 0.3% in the 3rd quarter. Bamco Inc. NY now owns 2,751,596 shares of the business services provider's stock worth $1,203,163,000 after buying an additional 8,862 shares in the last quarter. Morgan Stanley boosted its stake in shares of FactSet Research Systems by 100.1% during the 3rd quarter. Morgan Stanley now owns 1,396,225 shares of the business services provider's stock worth $610,515,000 after purchasing an additional 698,611 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of FactSet Research Systems by 15.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 503,467 shares of the business services provider's stock worth $220,146,000 after purchasing an additional 66,986 shares during the period. Finally, Fiera Capital Corp boosted its stake in shares of FactSet Research Systems by 1.6% during the 3rd quarter. Fiera Capital Corp now owns 441,046 shares of the business services provider's stock worth $192,852,000 after purchasing an additional 6,960 shares during the period. 91.24% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FDS has been the subject of a number of research analyst reports. Oppenheimer reissued a "market perform" rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Royal Bank of Canada reissued a "sector perform" rating and issued a $464.00 target price on shares of FactSet Research Systems in a report on Friday, March 22nd. Barclays restated an "equal weight" rating and set a $460.00 price target (down from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. BMO Capital Markets increased their price objective on shares of FactSet Research Systems from $447.00 to $458.00 and gave the stock a "market perform" rating in a research note on Monday, March 25th. Finally, Wolfe Research initiated coverage on shares of FactSet Research Systems in a research report on Thursday, April 11th. They set an "underperform" rating and a $430.00 target price for the company. Three investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $442.70.

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.

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