Scott A. Billeadeau Sells 2,419 Shares of FactSet Research Systems Inc. (FDS) Stock

FactSet Research Systems Inc. (NYSE:FDS) Director Scott A. Billeadeau sold 2,419 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $192.30, for a total value of $465,173.70. Following the sale, the director now owns 4,419 shares in the company, valued at approximately $849,773.70. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of FactSet Research Systems Inc. (FDS) opened at $196.93 on Friday. FactSet Research Systems Inc. has a 12 month low of $155.09 and a 12 month high of $207.25. The company has a quick ratio of 2.04, a current ratio of 2.64 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $7,661.21, a price-to-earnings ratio of 25.77, a P/E/G ratio of 2.22 and a beta of 0.97.

FactSet Research Systems (NYSE:FDS) last posted its quarterly 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 business had revenue of $329.10 million for the quarter, compared to analysts’ expectations of $330.49 million. During the same quarter in the prior year, the business earned $1.75 EPS. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. equities analysts expect that FactSet Research Systems Inc. will post 8.32 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 19th. Investors of record on Thursday, November 30th were paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Wednesday, November 29th. FactSet Research Systems’s dividend payout ratio (DPR) is presently 33.79%.

A number of equities research analysts have recently issued reports on the company. Morgan Stanley reiterated an “equal weight” rating and set a $166.00 price objective (up previously from $157.00) on shares of FactSet Research Systems in a research note on Wednesday, September 27th. Barclays upped their price objective on FactSet Research Systems from $164.00 to $175.00 and gave the stock an “underweight” rating in a research note on Wednesday, September 27th. Bank of America reiterated a “neutral” rating and set a $192.00 price objective (up previously from $180.00) on shares of FactSet Research Systems in a research note on Wednesday, September 27th. Stifel Nicolaus restated a “hold” rating and issued a $169.00 price target (up previously from $163.00) on shares of FactSet Research Systems in a research note on Wednesday, September 27th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $199.00 price target on shares of FactSet Research Systems in a research note on Thursday, December 21st. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $183.46.

A number of hedge funds have recently bought and sold shares of the business. First Allied Advisory Services Inc. increased its position in FactSet Research Systems by 2.1% during the 2nd quarter. First Allied Advisory Services Inc. now owns 3,579 shares of the business services provider’s stock worth $585,000 after buying an additional 72 shares during the period. Gotham Asset Management LLC increased its position in FactSet Research Systems by 6.8% during the 2nd quarter. Gotham Asset Management LLC now owns 1,296 shares of the business services provider’s stock worth $215,000 after buying an additional 82 shares during the period. Comerica Securities Inc. increased its position in FactSet Research Systems by 2.1% during the 2nd quarter. Comerica Securities Inc. now owns 4,653 shares of the business services provider’s stock worth $773,000 after buying an additional 95 shares during the period. Carderock Capital Management Inc. increased its position in FactSet Research Systems by 1.7% during the 2nd quarter. Carderock Capital Management Inc. now owns 7,655 shares of the business services provider’s stock worth $1,272,000 after buying an additional 125 shares during the period. Finally, Formidable Asset Management LLC increased its position in FactSet Research Systems by 2.6% during the 2nd quarter. Formidable Asset Management LLC now owns 5,124 shares of the business services provider’s stock worth $852,000 after buying an additional 132 shares during the period. Hedge funds and other institutional investors own 93.68% of the company’s stock.

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FactSet Research Systems Company Profile

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.

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