Shares of FactSet Research Systems Inc. (NYSE:FDS) have earned an average recommendation of “Hold” from the fourteen analysts that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $163.10.

FDS has been the topic of a number of research reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a $163.00 price objective on shares of FactSet Research Systems in a report on Tuesday, April 25th. Deutsche Bank AG initiated coverage on FactSet Research Systems in a report on Wednesday, May 10th. They issued a “hold” rating and a $160.00 price objective on the stock. Zacks Investment Research lowered FactSet Research Systems from a “hold” rating to a “sell” rating in a report on Monday, June 5th. UBS AG reaffirmed a “buy” rating and issued a $146.00 price objective (down from $150.00) on shares of FactSet Research Systems in a report on Friday, June 9th. Finally, BidaskClub lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th.

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In related news, Director Joseph E. Laird, Jr. sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, June 13th. The stock was sold at an average price of $166.00, for a total value of $166,000.00. Following the sale, the director now directly owns 9,000 shares of the company’s stock, valued at $1,494,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Philip A. Hadley sold 38,942 shares of the firm’s stock in a transaction dated Wednesday, July 12th. The shares were sold at an average price of $163.83, for a total value of $6,379,867.86. Following the completion of the sale, the chairman now directly owns 666,494 shares in the company, valued at $109,191,712.02. The disclosure for this sale can be found here. Over the last three months, insiders have sold 206,858 shares of company stock worth $34,453,143. 2.70% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Retirement Systems of Alabama raised its stake in FactSet Research Systems by 20.0% in the first quarter. Retirement Systems of Alabama now owns 61,881 shares of the business services provider’s stock valued at $10,205,000 after buying an additional 10,311 shares during the period. Bright Rock Capital Management LLC raised its stake in FactSet Research Systems by 28.6% in the first quarter. Bright Rock Capital Management LLC now owns 9,000 shares of the business services provider’s stock valued at $1,484,000 after buying an additional 2,000 shares during the period. Wendell David Associates Inc. raised its stake in FactSet Research Systems by 0.3% in the first quarter. Wendell David Associates Inc. now owns 42,826 shares of the business services provider’s stock valued at $7,062,000 after buying an additional 145 shares during the period. Somerset Trust Co raised its stake in FactSet Research Systems by 1.4% in the first quarter. Somerset Trust Co now owns 8,378 shares of the business services provider’s stock valued at $1,382,000 after buying an additional 113 shares during the period. Finally, Reilly Financial Advisors LLC raised its stake in FactSet Research Systems by 1.6% in the first quarter. Reilly Financial Advisors LLC now owns 57,655 shares of the business services provider’s stock valued at $9,508,000 after buying an additional 917 shares during the period. 94.63% of the stock is currently owned by institutional investors and hedge funds.

FactSet Research Systems (NYSE:FDS) traded up 0.03% during trading on Friday, hitting $158.78. 237,296 shares of the stock were exchanged. FactSet Research Systems has a 1-year low of $150.95 and a 1-year high of $183.64. The firm’s 50 day moving average price is $164.30 and its 200-day moving average price is $167.96. The stock has a market cap of $6.23 billion, a price-to-earnings ratio of 18.51 and a beta of 0.95.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, June 27th. The business services provider reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.84 by $0.01. FactSet Research Systems had a return on equity of 55.72% and a net margin of 29.02%. The business had revenue of $312.12 million for the quarter, compared to analysts’ expectations of $314.14 million. During the same quarter in the prior year, the business earned $1.64 EPS. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, analysts anticipate that FactSet Research Systems will post $7.30 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 19th. Stockholders of record on Thursday, August 31st will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 1.41%. FactSet Research Systems’s dividend payout ratio (DPR) is currently 26.20%.

FactSet Research Systems Company Profile

Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

Analyst Recommendations for FactSet Research Systems (NYSE:FDS)

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