FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff Sells 330 Shares of Stock

FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff sold 330 shares of the stock in a transaction that occurred on Tuesday, April 30th. The stock was 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 owns 72 shares of the company’s stock, valued at approximately $30,204. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

FactSet Research Systems Stock Performance

NYSE:FDS opened at $416.89 on Wednesday. FactSet Research Systems Inc. has a 1 year low of $380.96 and a 1 year high of $488.64. The firm’s fifty day simple moving average is $449.84 and its 200 day simple moving average is $454.81. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $15.89 billion, a PE ratio of 33.01, a PEG ratio of 2.59 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The business had revenue of $545.95 million for the quarter, compared to analyst estimates of $547.93 million. On average, sell-side analysts anticipate that FactSet Research Systems Inc. will post 15.83 EPS for the current year.

FactSet Research Systems Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Stifel Nicolaus reiterated a “hold” rating and issued a $469.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. Oppenheimer reiterated a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $464.00 target price on shares of FactSet Research Systems in a research report on Friday, March 22nd. BMO Capital Markets raised their price target on shares of FactSet Research Systems from $447.00 to $458.00 and gave the company a “market perform” rating in a report on Monday, March 25th. Finally, The Goldman Sachs Group raised their price target on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a 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. According to data from MarketBeat, FactSet Research Systems has a consensus rating of “Hold” and an average target price of $442.70.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in 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 purchasing an additional 16,801 shares during the last quarter. Bamco Inc. NY grew its position in 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 purchasing an additional 8,862 shares during the last quarter. Morgan Stanley grew its position in FactSet Research Systems by 100.1% in 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 last quarter. JPMorgan Chase & Co. grew its position in FactSet Research Systems by 15.3% in 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 last quarter. Finally, Fiera Capital Corp grew its position in FactSet Research Systems by 1.6% in 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 last quarter. 91.24% of the stock is currently owned by institutional investors and hedge funds.

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.