James J. Mcgonigle Sells 1,186 Shares of FactSet Research Systems Inc. (FDS) Stock

FactSet Research Systems Inc. (NYSE:FDS) Director James J. Mcgonigle sold 1,186 shares of the company’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $193.92, for a total value of $229,989.12. Following the transaction, the director now directly owns 22,754 shares in the company, valued at $4,412,455.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

FactSet Research Systems Inc. (NYSE FDS) opened at $194.18 on Wednesday. FactSet Research Systems Inc. has a 1-year low of $155.09 and a 1-year high of $207.25. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.64 and a quick ratio of 2.04. The firm has a market capitalization of $7,590.00, a PE ratio of 29.33, a price-to-earnings-growth ratio of 2.24 and a beta of 0.97.

FactSet Research Systems (NYSE:FDS) last posted its earnings results on Tuesday, December 19th. The business services provider reported $2.04 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $329.10 million for the quarter, compared to the consensus estimate of $330.49 million. During the same quarter in the prior year, the company earned $1.75 earnings per share. FactSet Research Systems’s revenue was up 14.2% on a year-over-year basis. equities research analysts forecast that FactSet Research Systems Inc. will post 8.32 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Thursday, November 30th were issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date was Wednesday, November 29th. FactSet Research Systems’s dividend payout ratio is 33.84%.

Hedge funds have recently bought and sold shares of the business. Tandem Investment Advisors Inc. raised its stake in shares of FactSet Research Systems by 1.0% in the fourth quarter. Tandem Investment Advisors Inc. now owns 64,557 shares of the business services provider’s stock worth $12,444,000 after buying an additional 620 shares during the period. Institutional & Family Asset Management LLC raised its stake in shares of FactSet Research Systems by 1.5% in the third quarter. Institutional & Family Asset Management LLC now owns 18,024 shares of the business services provider’s stock worth $3,246,000 after buying an additional 259 shares during the period. Steward Partners Investment Advisory LLC bought a new position in shares of FactSet Research Systems in the third quarter worth about $513,000. Visionary Asset Management Inc. bought a new position in shares of FactSet Research Systems in the third quarter worth about $205,000. Finally, GSA Capital Partners LLP bought a new position in shares of FactSet Research Systems in the third quarter worth about $248,000. 93.68% of the stock is currently owned by institutional investors.

FDS has been the topic of a number of research analyst reports. Northcoast Research raised FactSet Research Systems from a “neutral” rating to a “buy” rating and set a $195.00 price target on the stock in a report on Thursday, September 21st. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $187.00 price target on the stock in a report on Friday, September 22nd. Credit Suisse Group reaffirmed an “outperform” rating and set a $200.00 price target (up from $190.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Morgan Stanley reaffirmed an “equal weight” rating and set a $166.00 price target (up from $157.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $169.00 target price (up previously from $163.00) on shares of FactSet Research Systems in a report on Wednesday, September 27th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. FactSet Research Systems currently has a consensus rating of “Hold” and a consensus target price of $183.46.

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About FactSet Research Systems

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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