Morgan Stanley set a $210.00 price target on FactSet Research Systems (NYSE:FDS) in a report issued on Thursday. The firm currently has a hold rating on the business services provider’s stock.

Other analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of FactSet Research Systems from a buy rating to a hold rating in a research note on Wednesday, June 20th. ValuEngine upgraded shares of FactSet Research Systems from a hold rating to a buy rating in a research note on Wednesday, August 8th. Wells Fargo & Co increased their target price on shares of FactSet Research Systems from $185.00 to $190.00 and gave the stock a market perform rating in a research note on Wednesday, June 27th. Finally, Stifel Nicolaus increased their target price on shares of FactSet Research Systems from $184.00 to $188.00 and gave the stock a hold rating in a research note on Wednesday, June 27th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $199.31.

NYSE FDS opened at $235.09 on Thursday. FactSet Research Systems has a 1 year low of $160.40 and a 1 year high of $237.29. The company has a debt-to-equity ratio of 1.07, a quick ratio of 2.17 and a current ratio of 2.17. The company has a market capitalization of $8.92 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 2.28 and a beta of 0.99.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Tuesday, June 26th. The business services provider reported $2.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.13 by $0.05. FactSet Research Systems had a net margin of 19.37% and a return on equity of 55.91%. The business had revenue of $339.90 million for the quarter, compared to analysts’ expectations of $339.65 million. During the same period in the prior year, the company posted $1.85 EPS. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. research analysts forecast that FactSet Research Systems will post 8.54 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 18th. Stockholders of record on Friday, August 31st will be issued a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Thursday, August 30th. FactSet Research Systems’s payout ratio is 35.02%.

In other news, CFO Maurizio Nicolelli sold 10,487 shares of the stock in a transaction on Monday, July 9th. The shares were sold at an average price of $203.89, for a total value of $2,138,194.43. Following the transaction, the chief financial officer now owns 11,352 shares of the company’s stock, valued at approximately $2,314,559.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Philip A. Hadley sold 70,000 shares of the stock in a transaction on Friday, July 13th. The stock was sold at an average price of $203.63, for a total transaction of $14,254,100.00. Following the completion of the transaction, the director now directly owns 651,191 shares in the company, valued at approximately $132,602,023.33. The disclosure for this sale can be found here. 2.70% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of FDS. American Century Companies Inc. bought a new position in shares of FactSet Research Systems during the 1st quarter valued at $821,000. Swiss National Bank grew its holdings in shares of FactSet Research Systems by 2.4% during the 1st quarter. Swiss National Bank now owns 68,351 shares of the business services provider’s stock valued at $13,631,000 after purchasing an additional 1,600 shares during the last quarter. M&T Bank Corp grew its holdings in shares of FactSet Research Systems by 4.6% during the 1st quarter. M&T Bank Corp now owns 9,268 shares of the business services provider’s stock valued at $1,849,000 after purchasing an additional 409 shares during the last quarter. Great Lakes Advisors LLC grew its holdings in shares of FactSet Research Systems by 3.3% during the 1st quarter. Great Lakes Advisors LLC now owns 8,830 shares of the business services provider’s stock valued at $1,761,000 after purchasing an additional 283 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of FactSet Research Systems by 4.5% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 175,556 shares of the business services provider’s stock valued at $35,010,000 after purchasing an additional 7,555 shares during the last quarter. 91.52% of the stock is currently owned by hedge funds and other institutional investors.

About FactSet Research Systems

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. It delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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Analyst Recommendations for FactSet Research Systems (NYSE:FDS)

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