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 shares were sold at an average price of $419.50, for a total transaction of $138,435.00. Following the completion of the sale, the chief accounting officer now directly owns 72 shares of the company's stock, valued at approximately $30,204. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
FactSet Research Systems Stock Performance
Shares of FDS opened at $416.89 on Wednesday. FactSet Research Systems Inc. has a 12 month low of $380.96 and a 12 month high of $488.64. The firm has a fifty day simple moving average of $449.84 and a 200 day simple moving average of $454.81. The stock has a market capitalization of $15.89 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.59 and a beta of 0.72. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.83.
FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping 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 net margin of 22.72% and a return on equity of 34.36%. Research analysts forecast that FactSet Research Systems Inc. will post 15.83 EPS for the current fiscal year.
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The company also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, February 29th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date was Wednesday, February 28th. FactSet Research Systems's dividend payout ratio is currently 31.04%.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. Oppenheimer reissued a "market perform" rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Wolfe Research assumed coverage on shares of FactSet Research Systems in a research report on Thursday, April 11th. They set an "underperform" rating and a $430.00 price objective for the company. The Goldman Sachs Group increased their price objective on shares of FactSet Research Systems from $377.00 to $419.00 and gave the stock a "sell" rating in a research report on Friday, March 22nd. Royal Bank of Canada reissued a "sector perform" rating and set a $464.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Stifel Nicolaus reissued a "hold" rating and set a $469.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $442.70.
Get Our Latest Analysis on FactSet Research Systems
Institutional Trading of FactSet Research Systems
Large investors have recently added to or reduced their stakes in the company. Criterion Capital Advisors LLC acquired a new stake in FactSet Research Systems in the fourth quarter valued at $30,000. Desjardins Global Asset Management Inc. lifted its stake in FactSet Research Systems by 69.4% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider's stock valued at $40,000 after acquiring an additional 34 shares during the last quarter. IFP Advisors Inc lifted its stake in FactSet Research Systems by 71.4% in the third quarter. IFP Advisors Inc now owns 84 shares of the business services provider's stock valued at $37,000 after acquiring an additional 35 shares during the last quarter. Larson Financial Group LLC lifted its stake in FactSet Research Systems by 820.0% in the third quarter. Larson Financial Group LLC now owns 92 shares of the business services provider's stock valued at $40,000 after acquiring an additional 82 shares during the last quarter. Finally, Smithfield Trust Co lifted its stake in shares of FactSet Research Systems by 51.6% during the 4th quarter. Smithfield Trust Co now owns 94 shares of the business services provider's stock worth $44,000 after buying an additional 32 shares during the last quarter. Institutional investors and hedge funds own 91.24% of the company's stock.
FactSet Research Systems Company Profile
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Get Free Report)
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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