Gregory T. Moskoff Sells 330 Shares of FactSet Research Systems Inc. (NYSE:FDS) Stock

FactSet Research Systems Inc. (NYSE:FDS) CAO Gregory T. Moskoff sold 330 shares of the stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $419.50, for a total value of $138,435.00. Following the completion of the sale, the chief accounting officer now owns 72 shares of the company’s stock, valued at $30,204. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

FactSet Research Systems Price Performance

Shares of NYSE FDS opened at $419.57 on Thursday. FactSet Research Systems Inc. has a fifty-two week low of $380.96 and a fifty-two week high of $488.64. The firm’s 50-day simple moving average is $449.04 and its 200 day simple moving average is $454.60. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market cap of $15.99 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.60 and a beta of 0.72.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, topping the consensus estimate of $3.83 by $0.39. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. The firm had revenue of $545.95 million for the quarter, compared to analysts’ expectations of $547.93 million. As a group, research analysts anticipate that FactSet Research Systems Inc. will post 15.83 earnings per share for the current fiscal year.

FactSet Research Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were paid a dividend of $0.98 per share. The ex-dividend date was Wednesday, February 28th. This represents a $3.92 annualized dividend and a dividend yield of 0.93%. FactSet Research Systems’s payout ratio is currently 31.04%.

Institutional Investors Weigh In On FactSet Research Systems

Several large investors have recently modified their holdings of the stock. Criterion Capital Advisors LLC purchased a new position in FactSet Research Systems in the 4th quarter valued at approximately $30,000. Desjardins Global Asset Management Inc. boosted its holdings in FactSet Research Systems by 69.4% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 34 shares during the period. IFP Advisors Inc boosted its holdings in FactSet Research Systems by 71.4% in the 3rd quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock valued at $37,000 after purchasing an additional 35 shares during the period. Larson Financial Group LLC boosted its holdings in FactSet Research Systems by 820.0% in the 3rd quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 82 shares during the period. Finally, Smithfield Trust Co boosted its holdings in FactSet Research Systems by 51.6% in the 4th quarter. Smithfield Trust Co now owns 94 shares of the business services provider’s stock valued at $44,000 after purchasing an additional 32 shares during the period. Hedge funds and other institutional investors own 91.24% of the company’s stock.

Analyst Ratings Changes

FDS has been the subject of a number of recent research reports. BMO Capital Markets increased their price objective on FactSet Research Systems from $447.00 to $458.00 and gave the company a “market perform” rating in a report on Monday, March 25th. Wolfe Research started coverage on shares of FactSet Research Systems in a research report on Thursday, April 11th. They set an “underperform” rating and a $430.00 price objective on the stock. Stifel Nicolaus reissued a “hold” rating and set a $469.00 price objective on shares of FactSet Research Systems in a research report on Friday, March 22nd. Barclays reissued an “equal weight” rating and set a $460.00 price objective (down previously from $480.00) on shares of FactSet Research Systems in a research report on Friday, March 22nd. Finally, Oppenheimer reissued a “market perform” rating on shares of FactSet Research Systems in a research report on Friday, March 22nd. Three research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. According to MarketBeat, FactSet Research Systems presently has a consensus rating of “Hold” and an average price target of $442.70.

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.