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 firm’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $419.50, for a total transaction of $138,435.00. Following the transaction, the chief accounting officer now owns 72 shares in the company, valued at approximately $30,204. The transaction was disclosed in a document filed with the SEC, which is available at this link.

FactSet Research Systems Price Performance

Shares of FDS stock opened at $419.57 on Thursday. FactSet Research Systems Inc. has a 1 year low of $380.96 and a 1 year high of $488.64. The firm’s 50 day moving average is $449.04 and its 200-day moving average is $454.60. The firm has a market capitalization of $15.99 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.60 and a beta of 0.72. 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 released its earnings results on Thursday, March 21st. The business services provider reported $4.22 EPS for the quarter, beating the consensus estimate of $3.83 by $0.39. The company had revenue of $545.95 million during the quarter, compared to analysts’ expectations of $547.93 million. FactSet Research Systems had a return on equity of 34.36% and a net margin of 22.72%. Sell-side analysts forecast that FactSet Research Systems Inc. will post 15.83 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Stockholders of record on Thursday, February 29th were paid a $0.98 dividend. 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 dividend payout ratio (DPR) is currently 31.04%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $464.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. BMO Capital Markets raised their price target 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. Barclays reiterated an “equal weight” rating and issued a $460.00 target price (down previously from $480.00) on shares of FactSet Research Systems in a report on Friday, March 22nd. Wolfe Research started coverage on shares of FactSet Research Systems in a report on Thursday, April 11th. They issued an “underperform” rating and a $430.00 target price on the stock. Finally, Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, March 22nd. Three equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to MarketBeat.com, FactSet Research Systems presently has a consensus rating of “Hold” and an average price target of $442.70.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FDS. Criterion Capital Advisors LLC bought a new position in shares of FactSet Research Systems in the 4th quarter worth $30,000. IFP Advisors Inc lifted its holdings in FactSet Research Systems by 71.4% during the third quarter. IFP Advisors Inc now owns 84 shares of the business services provider’s stock worth $37,000 after acquiring an additional 35 shares in the last quarter. Larson Financial Group LLC lifted its holdings in FactSet Research Systems by 820.0% during the third quarter. Larson Financial Group LLC now owns 92 shares of the business services provider’s stock worth $40,000 after acquiring an additional 82 shares in the last quarter. Desjardins Global Asset Management Inc. lifted its holdings in FactSet Research Systems by 69.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock worth $40,000 after acquiring an additional 34 shares in the last quarter. Finally, Smithfield Trust Co lifted its holdings in FactSet Research Systems by 51.6% during the fourth quarter. Smithfield Trust Co now owns 94 shares of the business services provider’s stock worth $44,000 after acquiring an additional 32 shares in the last quarter. 91.24% of the stock is currently owned by institutional investors.

FactSet Research Systems Company Profile

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.