Goldman Sachs Group, Inc. (The) started coverage on shares of FactSet Research Systems Inc. (NYSE:FDS) in a note issued to investors on Wednesday. The firm set a “neutral” rating on the business services provider’s stock.

FDS has been the topic of a number of other research reports. Stifel Nicolaus restated a “hold” rating and set a $163.00 price target on shares of FactSet Research Systems in a research report on Tuesday, July 25th. Zacks Investment Research upgraded FactSet Research Systems from a “hold” rating to a “buy” rating and set a $187.00 price target on the stock in a research report on Friday, September 22nd. BidaskClub downgraded FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Credit Suisse Group restated an “outperform” rating and set a $205.00 price target (up previously from $200.00) on shares of FactSet Research Systems in a research report on Monday, October 23rd. Finally, Barclays PLC raised their price target on FactSet Research Systems from $164.00 to $175.00 and gave the company an “underweight” rating in a research report on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $172.73.

Shares of FactSet Research Systems (FDS) opened at $191.34 on Wednesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.04 and a quick ratio of 2.04. FactSet Research Systems has a 12-month low of $153.84 and a 12-month high of $191.66. The stock has a market capitalization of $7,471.13, a price-to-earnings ratio of 26.13, a P/E/G ratio of 2.17 and a beta of 0.96.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Tuesday, September 26th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.89 by $0.01. FactSet Research Systems had a return on equity of 55.76% and a net margin of 21.15%. The company had revenue of $326.60 million for the quarter, compared to the consensus estimate of $325.26 million. During the same quarter last year, the business posted $1.69 earnings per share. The firm’s revenue was up 13.7% compared to the same quarter last year. analysts expect that FactSet Research Systems will post 8.18 EPS for the current fiscal year.

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In other FactSet Research Systems news, COO Mark J. Hale sold 9,458 shares of the stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $180.34, for a total transaction of $1,705,655.72. Following the completion of the transaction, the chief operating officer now owns 11,314 shares of the company’s stock, valued at approximately $2,040,366.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Matthew J. Mcnulty sold 1,049 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $181.00, for a total transaction of $189,869.00. Following the transaction, the vice president now directly owns 2,499 shares of the company’s stock, valued at approximately $452,319. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,841 shares of company stock worth $3,224,739. Company insiders own 2.80% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Eads & Heald Investment Counsel boosted its holdings in shares of FactSet Research Systems by 0.9% during the 2nd quarter. Eads & Heald Investment Counsel now owns 2,358 shares of the business services provider’s stock valued at $392,000 after purchasing an additional 20 shares during the last quarter. FineMark National Bank & Trust raised its position in shares of FactSet Research Systems by 1.0% during the 2nd quarter. FineMark National Bank & Trust now owns 2,183 shares of the business services provider’s stock valued at $363,000 after buying an additional 22 shares in the last quarter. World Asset Management Inc raised its position in shares of FactSet Research Systems by 1.3% during the 2nd quarter. World Asset Management Inc now owns 2,847 shares of the business services provider’s stock valued at $473,000 after buying an additional 36 shares in the last quarter. NewFocus Financial Group LLC raised its position in shares of FactSet Research Systems by 0.3% during the 2nd quarter. NewFocus Financial Group LLC now owns 13,120 shares of the business services provider’s stock valued at $2,180,000 after buying an additional 41 shares in the last quarter. Finally, Sawtooth Solutions LLC raised its position in shares of FactSet Research Systems by 3.1% during the 2nd quarter. Sawtooth Solutions LLC now owns 1,718 shares of the business services provider’s stock valued at $285,000 after buying an additional 52 shares in the last quarter. 94.14% of the stock is owned by institutional investors and hedge funds.

About FactSet Research Systems

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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