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

FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff sold 330 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were 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 directly owns 72 shares in the company, valued at approximately $30,204. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

FactSet Research Systems Trading Down 1.4 %

FactSet Research Systems stock traded down $6.05 during trading on Tuesday, reaching $416.89. The company had a trading volume of 253,941 shares, compared to its average volume of 241,170. FactSet Research Systems Inc. has a 12-month low of $380.96 and a 12-month 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 stock’s 50 day moving average price is $449.84 and its two-hundred day moving average price is $454.81. The firm 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.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping analysts’ consensus estimates of $3.83 by $0.39. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. The business had revenue of $545.95 million during the quarter, compared to the consensus estimate of $547.93 million. As a group, equities analysts expect that FactSet Research Systems Inc. will post 15.83 earnings per share for the current fiscal year.

FactSet Research Systems Announces Dividend

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

Institutional Trading of FactSet Research Systems

Institutional investors and hedge funds have recently bought and sold shares of the business. Signaturefd LLC grew its stake in FactSet Research Systems by 6.5% during the fourth quarter. Signaturefd LLC now owns 375 shares of the business services provider’s stock worth $179,000 after buying an additional 23 shares during the period. Drive Wealth Management LLC lifted its holdings in shares of FactSet Research Systems by 5.2% during the 4th quarter. Drive Wealth Management LLC now owns 487 shares of the business services provider’s stock valued at $233,000 after acquiring an additional 24 shares in the last quarter. Global Retirement Partners LLC boosted its position in FactSet Research Systems by 19.1% during the 1st quarter. Global Retirement Partners LLC now owns 168 shares of the business services provider’s stock worth $76,000 after purchasing an additional 27 shares during the period. Procyon Advisors LLC increased its holdings in FactSet Research Systems by 0.4% in the 1st quarter. Procyon Advisors LLC now owns 6,487 shares of the business services provider’s stock valued at $2,948,000 after purchasing an additional 27 shares in the last quarter. Finally, Institutional & Family Asset Management LLC raised its position in FactSet Research Systems by 0.3% in the third quarter. Institutional & Family Asset Management LLC now owns 9,660 shares of the business services provider’s stock valued at $4,224,000 after purchasing an additional 29 shares during the period. Institutional investors and hedge funds own 91.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on FDS. Royal Bank of Canada reissued a “sector perform” rating and issued a $464.00 price objective on shares of FactSet Research Systems in a research note on Friday, March 22nd. The Goldman Sachs Group lifted their price objective on FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a research report on Friday, March 22nd. Oppenheimer reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research note on Friday, March 22nd. BMO Capital Markets raised their price target on FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research report on Monday, March 25th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $469.00 price objective on shares of FactSet Research Systems in a research note on Friday, March 22nd. Three research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, FactSet Research Systems currently has a consensus rating of “Hold” and an average target price of $442.70.

FactSet Research Systems Company Profile

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.