Robin Ann Abrams Sells 2,239 Shares of FactSet Research Systems Inc. (FDS) Stock

FactSet Research Systems Inc. (NYSE:FDS) Director Robin Ann Abrams sold 2,239 shares of the stock in a transaction on Thursday, January 10th. The stock was sold at an average price of $204.45, for a total value of $457,763.55. Following the completion of the transaction, the director now directly owns 5,244 shares in the company, valued at $1,072,135.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

NYSE:FDS opened at $203.71 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.95 and a current ratio of 2.49. FactSet Research Systems Inc. has a 12 month low of $184.48 and a 12 month high of $237.95. The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of 23.88, a P/E/G ratio of 2.12 and a beta of 1.05.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Tuesday, December 18th. The business services provider reported $2.35 EPS for the quarter, beating the consensus estimate of $2.29 by $0.06. FactSet Research Systems had a return on equity of 62.54% and a net margin of 20.47%. The company had revenue of $351.60 million for the quarter, compared to analyst estimates of $349.92 million. During the same period last year, the company posted $2.04 earnings per share. The firm’s revenue was up 6.8% compared to the same quarter last year. Equities research analysts anticipate that FactSet Research Systems Inc. will post 9.5 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 18th. Shareholders of record on Friday, November 30th were given a $0.64 dividend. This represents a $2.56 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Thursday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 30.01%.

A number of large investors have recently added to or reduced their stakes in FDS. Moody National Bank Trust Division purchased a new position in FactSet Research Systems in the fourth quarter valued at about $48,000. Bruderman Asset Management LLC purchased a new position in FactSet Research Systems in the second quarter valued at about $112,000. Quantbot Technologies LP purchased a new position in FactSet Research Systems in the third quarter valued at about $139,000. Paradigm Asset Management Co. LLC raised its position in FactSet Research Systems by 6.7% in the third quarter. Paradigm Asset Management Co. LLC now owns 800 shares of the business services provider’s stock valued at $179,000 after purchasing an additional 50 shares during the period. Finally, Delaney Dennis R purchased a new position in FactSet Research Systems in the third quarter valued at about $200,000. 92.35% of the stock is currently owned by institutional investors.

FDS has been the topic of several research reports. Credit Suisse Group initiated coverage on FactSet Research Systems in a research report on Friday, December 7th. They issued a “neutral” rating and a $238.00 target price on the stock. Morgan Stanley set a $204.00 target price on FactSet Research Systems and gave the stock a “hold” rating in a research report on Monday, October 15th. Zacks Investment Research lowered FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. Barclays raised FactSet Research Systems from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $210.00 to $235.00 in a research report on Friday, December 7th. Finally, Bank of America increased their target price on FactSet Research Systems from $214.00 to $245.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 26th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company’s stock. FactSet Research Systems has an average rating of “Hold” and an average target price of $219.36.

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FactSet Research Systems Company Profile

FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. The company delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.

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