FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff Sells 363 Shares

FactSet Research Systems Inc. (NYSE:FDS - Get Free Report) CAO Gregory T. Moskoff sold 363 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $433.73, for a total transaction of $157,443.99. Following the completion of the sale, the chief accounting officer now directly owns 44 shares in the company, valued at approximately $19,084.12. This represents a 89.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

FactSet Research Systems Stock Performance

Shares of NYSE:FDS traded down $0.08 during trading on Friday, reaching $449.16. The company had a trading volume of 312,787 shares, compared to its average volume of 279,919. FactSet Research Systems Inc. has a fifty-two week low of $391.84 and a fifty-two week high of $499.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.39 and a quick ratio of 1.39. The stock's fifty day moving average price is $454.05 and its 200 day moving average price is $464.88. The firm has a market capitalization of $17.08 billion, a price-to-earnings ratio of 32.20, a price-to-earnings-growth ratio of 2.93 and a beta of 0.77.

FactSet Research Systems (NYSE:FDS - Get Free Report) last announced its quarterly earnings data on Thursday, March 20th. The business services provider reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.17 by $0.11. FactSet Research Systems had a net margin of 24.16% and a return on equity of 33.92%. The company had revenue of $570.70 million for the quarter, compared to analysts' expectations of $570.65 million. FactSet Research Systems's revenue was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company posted $4.22 EPS. As a group, equities research analysts predict that FactSet Research Systems Inc. will post 17.21 EPS for the current year.

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FactSet Research Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Friday, February 28th were given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend was Friday, February 28th. FactSet Research Systems's payout ratio is 29.59%.

Hedge Funds Weigh In On FactSet Research Systems

A number of large investors have recently modified their holdings of the business. California State Teachers Retirement System lifted its holdings in FactSet Research Systems by 5.7% in the fourth quarter. California State Teachers Retirement System now owns 61,364 shares of the business services provider's stock valued at $29,472,000 after acquiring an additional 3,283 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of FactSet Research Systems by 6.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,370 shares of the business services provider's stock valued at $2,099,000 after purchasing an additional 251 shares during the period. Siemens Fonds Invest GmbH boosted its holdings in FactSet Research Systems by 871.7% during the fourth quarter. Siemens Fonds Invest GmbH now owns 10,834 shares of the business services provider's stock worth $5,203,000 after buying an additional 9,719 shares in the last quarter. Menard Financial Group LLC acquired a new position in FactSet Research Systems during the fourth quarter worth about $91,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in FactSet Research Systems in the fourth quarter valued at about $39,284,000. 91.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FDS. Morgan Stanley dropped their price objective on FactSet Research Systems from $409.00 to $390.00 and set an "underweight" rating on the stock in a report on Friday, March 21st. BMO Capital Markets cut their price objective on shares of FactSet Research Systems from $498.00 to $466.00 and set a "market perform" rating on the stock in a report on Monday, March 24th. Wells Fargo & Company downgraded shares of FactSet Research Systems from an "equal weight" rating to an "underweight" rating and dropped their target price for the company from $450.00 to $402.00 in a research report on Friday, March 21st. UBS Group reduced their price target on shares of FactSet Research Systems from $525.00 to $480.00 and set a "neutral" rating for the company in a research report on Friday, March 21st. Finally, Stifel Nicolaus raised their price objective on FactSet Research Systems from $469.00 to $493.00 and gave the stock a "hold" rating in a report on Friday, December 20th. Five analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $436.27.

About FactSet Research Systems

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.