FactSet Research Systems (FDS) Receiving Somewhat Positive News Coverage, Study Finds
News headlines about FactSet Research Systems (NYSE:FDS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. FactSet Research Systems earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.3956090850219 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Abel Noser Solutions Teams Up With FactSet Research Systems For Multi-Asset Best Execution And Regulatory Reporting (finance.yahoo.com)
- Northcoast downgrades FactSet Research Systems (seekingalpha.com)
- FactSet Research Systems (FDS) Downgraded by Northcoast Research to Neutral (americanbankingnews.com)
- Nominations Open For 2017 ETF.com Awards (finance.yahoo.com)
Shares of FactSet Research Systems (NYSE:FDS) traded up $2.15 during trading hours on Friday, hitting $202.07. The stock had a trading volume of 256,845 shares, compared to its average volume of 375,134. The company has a market capitalization of $7,900.00, a P/E ratio of 27.36, a P/E/G ratio of 2.27 and a beta of 0.97. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.04 and a current ratio of 2.04. FactSet Research Systems has a 1 year low of $155.09 and a 1 year high of $204.65.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Wednesday, November 29th. FactSet Research Systems’s payout ratio is currently 34.41%.
Several equities research analysts have commented on the company. Morgan Stanley reissued an “equal weight” rating and issued a $166.00 target price (up from $157.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Barclays boosted their target price on FactSet Research Systems from $164.00 to $175.00 and gave the stock an “underweight” rating in a report on Wednesday, September 27th. Bank of America reissued a “neutral” rating and issued a $192.00 target price (up from $180.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $220.00 price target on the stock in a report on Tuesday, November 28th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $169.00 price target (up from $163.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company’s stock. FactSet Research Systems has a consensus rating of “Hold” and a consensus target price of $180.73.
In related news, VP Matthew J. Mcnulty sold 1,049 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $181.00, for a total transaction of $189,869.00. Following the completion of the sale, the vice president now owns 2,499 shares in the company, valued at $452,319. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Mark J. Hale sold 9,458 shares of the company’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $180.34, for a total value of $1,705,655.72. Following the sale, the chief operating officer now owns 11,314 shares of the company’s stock, valued at approximately $2,040,366.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 17,841 shares of company stock worth $3,224,739. Corporate insiders own 2.70% of the company’s stock.
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.
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