FactSet Research Systems Inc. (NYSE:FDS) CEO Frederick Philip Snow sold 6,250 shares of FactSet Research Systems stock in a transaction on Wednesday, October 5th. The shares were sold at an average price of $158.22, for a total value of $988,875.00. Following the sale, the chief executive officer now directly owns 10,551 shares of the company’s stock, valued at approximately $1,669,379.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

FactSet Research Systems Inc. (NYSE:FDS) opened at 157.38 on Friday. The stock has a 50 day moving average price of $173.35 and a 200 day moving average price of $162.66. FactSet Research Systems Inc. has a 12-month low of $135.95 and a 12-month high of $183.17. The stock has a market cap of $6.30 billion, a P/E ratio of 19.22 and a beta of 0.78.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Tuesday, September 27th. The company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.70 by $0.01. The company earned $287.30 million during the quarter. FactSet Research Systems had a return on equity of 48.65% and a net margin of 30.06%. FactSet Research Systems’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business earned $1.48 EPS. On average, analysts forecast that FactSet Research Systems Inc. will post $7.04 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for FactSet Research Systems (NYSE:FDS)

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 20th. Investors of record on Wednesday, August 31st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.27%. The ex-dividend date was Monday, August 29th. FactSet Research Systems’s dividend payout ratio is currently 24.30%.

Several research firms recently issued reports on FDS. Cantor Fitzgerald reissued a “hold” rating on shares of FactSet Research Systems in a research note on Wednesday, June 29th. Bank of America Corp. set a $185.00 price objective on FactSet Research Systems and gave the company a “hold” rating in a research note on Thursday, September 15th. Zacks Investment Research raised FactSet Research Systems from a “sell” rating to a “hold” rating in a research note on Monday, June 27th. Raymond James Financial Inc. lowered FactSet Research Systems from a “market perform” rating to an “underperform” rating in a research note on Tuesday, September 27th. Finally, Credit Suisse Group AG began coverage on FactSet Research Systems in a research note on Monday, July 11th. They set an “outperform” rating and a $182.00 price objective for the company. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $169.67.

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of FactSet Research Systems by 1.1% in the second quarter. Vanguard Group Inc. now owns 3,126,652 shares of the company’s stock valued at $504,705,000 after buying an additional 33,998 shares in the last quarter. Loomis Sayles & Co. L P increased its position in shares of FactSet Research Systems by 6.8% in the second quarter. Loomis Sayles & Co. L P now owns 2,789,051 shares of the company’s stock valued at $450,209,000 after buying an additional 177,352 shares in the last quarter. BlackRock Fund Advisors increased its position in shares of FactSet Research Systems by 3.3% in the second quarter. BlackRock Fund Advisors now owns 1,484,841 shares of the company’s stock valued at $239,683,000 after buying an additional 47,373 shares in the last quarter. Wellington Management Group LLP increased its position in shares of FactSet Research Systems by 4.9% in the first quarter. Wellington Management Group LLP now owns 1,307,959 shares of the company’s stock valued at $198,195,000 after buying an additional 61,270 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its position in shares of FactSet Research Systems by 1.7% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,202,618 shares of the company’s stock valued at $194,127,000 after buying an additional 19,806 shares in the last quarter. 92.87% of the stock is owned by institutional investors.

About FactSet Research Systems

FactSet Research Systems Inc (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S., Europe and Asia Pacific. Sales, consulting, data collection, product development and software engineering are the primary functional groups within the U.S., Europe and Asia Pacific segments that provide global financial and economic information to investment managers, investment banks and other financial services professionals.

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