FactSet Research Systems Inc. (NYSE:FDS) EVP Robert J. Robie Sells 4,336 Shares

FactSet Research Systems Inc. (NYSE:FDS) EVP Robert J. Robie sold 4,336 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $431.48, for a total transaction of $1,870,897.28. Following the completion of the sale, the executive vice president now owns 1,485 shares of the company’s stock, valued at $640,747.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FactSet Research Systems Trading Up 1.8 %

Shares of NYSE:FDS opened at $436.08 on Tuesday. The company has a market cap of $16.62 billion, a PE ratio of 34.53, a P/E/G ratio of 2.71 and a beta of 0.73. The company’s 50 day moving average is $446.95 and its two-hundred day moving average is $454.10. FactSet Research Systems Inc. has a 52 week low of $380.96 and a 52 week high of $488.64. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.83.

FactSet Research Systems (NYSE:FDS) last issued its earnings results on Thursday, March 21st. The business services provider reported $4.22 earnings per share for the quarter, topping the consensus estimate of $3.83 by $0.39. The business had revenue of $545.95 million for the quarter, compared to analyst estimates of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. Equities analysts predict that FactSet Research Systems Inc. will post 15.82 earnings per share for the current fiscal year.

FactSet Research Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, May 31st will be issued a dividend of $1.04 per share. This is a positive change from FactSet Research Systems’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, May 31st. This represents a $4.16 annualized dividend and a dividend yield of 0.95%. FactSet Research Systems’s dividend payout ratio (DPR) is presently 32.94%.

Analyst Ratings Changes

FDS has been the topic of several recent research reports. The Goldman Sachs Group boosted their target price on FactSet Research Systems from $377.00 to $419.00 and gave the stock a “sell” rating in a report on Friday, March 22nd. Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Barclays restated an “equal weight” rating and issued a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. BMO Capital Markets lifted their target price on shares of FactSet Research Systems from $447.00 to $458.00 and gave the company a “market perform” rating in a report on Monday, March 25th. Finally, Wolfe Research began coverage on FactSet Research Systems in a research report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 target price for the company. Three equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $442.70.

Institutional Trading of FactSet Research Systems

A number of large investors have recently made changes to their positions in FDS. Vanguard Group Inc. increased its position in FactSet Research Systems by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 4,559,576 shares of the business services provider’s stock valued at $2,175,146,000 after acquiring an additional 16,801 shares during the period. Bamco Inc. NY grew its stake in shares of FactSet Research Systems by 0.3% during the 3rd quarter. Bamco Inc. NY now owns 2,751,596 shares of the business services provider’s stock worth $1,203,163,000 after purchasing an additional 8,862 shares during the period. Morgan Stanley boosted its holdings in FactSet Research Systems by 100.1% during the third quarter. Morgan Stanley now owns 1,396,225 shares of the business services provider’s stock worth $610,515,000 after buying an additional 698,611 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of FactSet Research Systems by 15.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 503,467 shares of the business services provider’s stock valued at $220,146,000 after acquiring an additional 66,986 shares during the period. Finally, Fiera Capital Corp boosted its stake in shares of FactSet Research Systems by 1.6% during the 3rd quarter. Fiera Capital Corp now owns 441,046 shares of the business services provider’s stock worth $192,852,000 after acquiring an additional 6,960 shares in the last quarter. 91.24% of the stock is owned by institutional investors and hedge funds.

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.