Shares of FactSet Research Systems Inc. (NYSE: FDS – Get Rating) has been assigned an average recommendation of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $ 426.33.
Several research analysts have issued reports on FDS shares. Redburn Partners began coverage on FactSet Research Systems in a research report on Tuesday, May 17th. They issued a “sell” rating for the company. Morgan Stanley cut their price objective on FactSet Research Systems from $ 362.00 to $ 338.00 and set an “underweight” rating for the company in a research report on Tuesday. UBS Group increased their price objective on FactSet Research Systems from $ 432.00 to $ 454.00 and gave the stock a “neutral” rating in a research report on Monday, March 28th. Stifel Nicolaus reissued a “buy” rating and issued a $ 432.00 target price on shares of FactSet Research Systems in a report on Friday, March 25th. Finally, StockNews.com raised FactSet Research Systems from a “hold” rating to a “buy” rating in a report on Saturday, June 18th.
In related news, CEO Frederick Philip Snow sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, June 1st. The stock was sold at an average price of $ 370.95, for a total transaction of $ 927,375.00. Following the sale, the CEO now directly owns 3,988 shares in the company, valued at approximately $ 1,479,348.60. The sale was disclosed in a document filed with the SEC, which is accessible via this link. Also, insider Gene D. Fernandez sold 16,517 shares of the firm’s stock in a transaction dated Thursday, April 7th. The shares were sold at an average price of $ 442.99, for a total value of $ 7,316,865.83. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,277 shares of company stock worth $ 12,184,602. Company insiders own 0.83% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Tudor Investment Corp Et Al increased its stake in FactSet Research Systems by 7.0% during the third quarter. Tudor Investment Corp Et Al now owns 4,804 shares of the business services provider’s stock valued at $ 1,897,000 after purchasing an additional 315 shares during the last quarter. MML Investors Services LLC lifted its holdings in FactSet Research Systems by 2.6% in the third quarter. MML Investors Services LLC now owns 1,498 shares of the business services provider’s stock valued at $ 591,000 after acquiring an additional 38 shares during the last quarter. LPL Financial LLC lifted its holdings in FactSet Research Systems by 20.7% in the third quarter. LPL Financial LLC now owns 24,724 shares of the business services provider’s stock valued at $ 9,760,000 after acquiring an additional 4,234 shares during the last quarter. UBS Group AG lifted its holdings in FactSet Research Systems by 13.4% in the third quarter. UBS Group AG now owns 38,499 shares of the business services provider’s stock valued at $ 15,199,000 after acquiring an additional 4,551 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its stake in FactSet Research Systems by 2,746.6% during the third quarter. EP Wealth Advisors LLC now owns 30,316 shares of the business services provider’s stock valued at $ 419,000 after purchasing an additional 29,251 shares in the last quarter. 89.99% of the stock is currently owned by hedge funds and other institutional investors.
FactSet Research Systems stock opened at $ 388.76 on Friday. FactSet Research Systems has a 12 month low of $ 326.21 and a 12 month high of $ 495.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.72 and a quick ratio of 3.72. The business has a 50-day simple moving average of $ 383.20 and a 200-day simple moving average of $ 416.34. The stock has a market capitalization of $ 14.73 billion, a PE ratio of 35.73, a price-to-earnings-growth ratio of 2.76 and a beta of 0.83.
FactSet Research Systems (NYSE: FDS – Get Rating) last released its quarterly earnings results on Thursday, March 24th. The business services provider reported $ 3.27 EPS for the quarter, topping the consensus estimate of $ 2.96 by $ 0.31. The business had revenue of $ 431.10 million during the quarter, compared to analysts’ expectations of $ 427.09 million. FactSet Research Systems had a return on equity of 42.88% and a net margin of 25.15%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $ 2.72 earnings per share. As a group, equities research analysts anticipate that FactSet Research Systems will post 13.01 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 16th. Stockholders of record on Tuesday, May 31st were issued a $ 0.89 dividend. This represents a $ 3.56 dividend on an annualized basis and a dividend yield of 0.92%. This is an increase from FactSet Research Systems’ previous quarterly dividend of $ 0.82. The ex-dividend date was Friday, May 27th. FactSet Research Systems’s dividend payout ratio (DPR) is 32.72%.
FactSet Research Systems Company Profile (Get Rating)
FactSet Research Systems Inc., a financial data and analytics company, provides integrated financial information and analytical applications for the investment community in the Americas, Europe, the Middle East, Africa, and 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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