FactSet Research Systems Inc. (NYSE:FDS) VP Matthew J. Mcnulty sold 1,000 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $198.00, for a total value of $198,000.00. Following the completion of the sale, the vice president now directly owns 2,848 shares in the company, valued at $563,904. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

FactSet Research Systems Inc. (FDS) traded up $0.58 during mid-day trading on Tuesday, hitting $198.33. The stock had a trading volume of 406,679 shares, compared to its average volume of 333,520. FactSet Research Systems Inc. has a 52-week low of $155.09 and a 52-week high of $207.25. The company has a quick ratio of 2.64, a current ratio of 2.64 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $7,716.97, a PE ratio of 29.91, a P/E/G ratio of 2.24 and a beta of 0.97.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.98 by $0.06. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The firm had revenue of $329.10 million during the quarter, compared to analysts’ expectations of $330.49 million. During the same quarter in the previous year, the business earned $1.75 earnings per share. The company’s revenue was up 14.2% on a year-over-year basis. analysts expect that FactSet Research Systems Inc. will post 8.32 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Stockholders of record on Thursday, November 30th were paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Wednesday, November 29th. FactSet Research Systems’s dividend payout ratio is currently 33.79%.

Hedge funds have recently bought and sold shares of the company. Nomura Holdings Inc. raised its stake in shares of FactSet Research Systems by 113.3% in the second quarter. Nomura Holdings Inc. now owns 3,066 shares of the business services provider’s stock worth $510,000 after purchasing an additional 26,180 shares during the last quarter. Parsec Financial Management Inc. purchased a new position in shares of FactSet Research Systems in the third quarter worth $1,395,000. BB&T Investment Services Inc. purchased a new position in shares of FactSet Research Systems in the second quarter worth $689,000. Jane Street Group LLC purchased a new position in shares of FactSet Research Systems in the third quarter worth $485,000. Finally, Tandem Investment Advisors Inc. purchased a new position in shares of FactSet Research Systems in the second quarter worth $9,029,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

Several research firms have commented on FDS. Piper Jaffray Companies reissued a “hold” rating and issued a $199.00 target price on shares of FactSet Research Systems in a report on Thursday, December 21st. Oppenheimer reissued a “hold” rating on shares of FactSet Research Systems in a report on Tuesday, December 19th. Wells Fargo & Co set a $185.00 target price on FactSet Research Systems and gave the stock a “hold” rating in a report on Wednesday, December 20th. DA Davidson began coverage on FactSet Research Systems in a report on Thursday, December 14th. They issued a “neutral” rating and a $174.00 target price on the stock. Finally, Zacks Investment Research downgraded FactSet Research Systems from a “hold” rating to a “sell” rating in a report on Thursday, December 14th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. FactSet Research Systems presently has an average rating of “Hold” and a consensus price target of $183.46.

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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.

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

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