FactSet Research Systems Inc. (NYSE:FDS - Get Free Report) EVP Goran Skoko sold 4,106 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $428.57, for a total value of $1,759,708.42. Following the transaction, the executive vice president now owns 5,262 shares of the company's stock, valued at approximately $2,255,135.34. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
FactSet Research Systems Price Performance
Shares of NYSE FDS opened at $436.08 on Tuesday. The stock's 50-day simple moving average is $446.95 and its two-hundred day simple moving average is $454.10. FactSet Research Systems Inc. has a twelve month low of $380.96 and a twelve month high of $488.64. The firm has a market capitalization of $16.62 billion, a P/E ratio of 34.53, a P/E/G ratio of 2.71 and a beta of 0.73. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.83.
FactSet Research Systems (NYSE:FDS - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $545.95 million during the quarter, compared to analyst estimates of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. As a group, equities analysts anticipate that FactSet Research Systems Inc. will post 15.82 EPS for the current fiscal year.
FactSet Research Systems Increases Dividend
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The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Friday, May 31st will be given a dividend of $1.04 per share. The ex-dividend date is Friday, May 31st. This represents a $4.16 annualized dividend and a dividend yield of 0.95%. This is a boost from FactSet Research Systems's previous quarterly dividend of $0.98. FactSet Research Systems's dividend payout ratio (DPR) is 32.94%.
Analyst Upgrades and Downgrades
FDS has been the topic of several recent research reports. Wolfe Research initiated coverage on shares of FactSet Research Systems in a report on Thursday, April 11th. They set an "underperform" rating and a $430.00 price objective on the stock. The Goldman Sachs Group upped their price target on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a "sell" rating in a research note on Friday, March 22nd. Barclays reiterated an "equal weight" rating and issued a $460.00 price objective (down from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Oppenheimer restated a "market perform" rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Stifel Nicolaus reiterated a "hold" rating and issued a $469.00 price target on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $442.70.
Check Out Our Latest Stock Report on FactSet Research Systems
Institutional Trading of FactSet Research Systems
Hedge funds have recently made changes to their positions in the stock. Criterion Capital Advisors LLC bought a new stake in FactSet Research Systems during the fourth quarter worth about $30,000. Larson Financial Group LLC raised its holdings in shares of FactSet Research Systems by 820.0% during the 3rd quarter. Larson Financial Group LLC now owns 92 shares of the business services provider's stock valued at $40,000 after buying an additional 82 shares in the last quarter. Desjardins Global Asset Management Inc. boosted 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 worth $40,000 after buying an additional 34 shares in the last quarter. Smithfield Trust Co boosted its stake in FactSet Research Systems by 51.6% in the fourth quarter. Smithfield Trust Co now owns 94 shares of the business services provider's stock worth $44,000 after buying an additional 32 shares in the last quarter. Finally, Milestone Investment Advisors LLC bought a new position in FactSet Research Systems during the third quarter valued at approximately $46,000. 91.24% of the stock is owned by institutional investors.
FactSet Research Systems Company Profile
(
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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