FactSet (NYSE:FDS) CFO Maurizio Nicolelli sold 5,675 shares of the stock in a transaction dated Friday, April 13th. The stock was sold at an average price of $198.00, for a total transaction of $1,123,650.00. Following the completion of the transaction, the chief financial officer now owns 9,129 shares of the company’s stock, valued at $1,807,542. The sale was disclosed in a document filed with the SEC, which is available through this link.
Shares of FDS stock opened at $197.48 on Friday. FactSet has a one year low of $155.09 and a one year high of $217.36. The stock has a market cap of $7,742.73, a P/E ratio of 27.02, a PEG ratio of 2.12 and a beta of 0.95. The company has a current ratio of 2.53, a quick ratio of 2.64 and a debt-to-equity ratio of 0.94.
FactSet (NYSE:FDS) last announced its quarterly earnings data on Tuesday, March 27th. The business services provider reported $2.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.06 by $0.06. FactSet had a net margin of 19.07% and a return on equity of 54.00%. The company had revenue of $335.20 million for the quarter, compared to the consensus estimate of $333.78 million. During the same period in the prior year, the firm posted $1.81 EPS. FactSet’s revenue for the quarter was up 13.9% on a year-over-year basis. analysts forecast that FactSet will post 8.48 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 20th. Investors of record on Wednesday, February 28th were given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 1.13%. The ex-dividend date was Tuesday, February 27th. FactSet’s dividend payout ratio (DPR) is 30.64%.
Several research analysts recently issued reports on FDS shares. Wells Fargo set a $185.00 price target on shares of FactSet and gave the stock a “hold” rating in a research note on Wednesday, December 20th. Oppenheimer reiterated a “hold” rating on shares of FactSet in a research note on Tuesday, December 19th. Piper Jaffray reiterated a “hold” rating and issued a $199.00 price target on shares of FactSet in a research note on Thursday, December 21st. Morgan Stanley increased their price target on shares of FactSet from $179.00 to $186.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 31st. Finally, Zacks Investment Research upgraded shares of FactSet from a “hold” rating to a “buy” rating and set a $233.00 price target for the company in a research note on Tuesday, March 6th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has assigned a buy rating to the company. FactSet presently has a consensus rating of “Hold” and a consensus target price of $192.00.
A number of hedge funds have recently made changes to their positions in FDS. Legal & General Group Plc grew its position in FactSet by 21.1% during the 3rd quarter. Legal & General Group Plc now owns 39,447 shares of the business services provider’s stock valued at $7,105,000 after purchasing an additional 6,865 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of FactSet by 0.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 168,037 shares of the business services provider’s stock valued at $30,264,000 after acquiring an additional 432 shares during the last quarter. AMP Capital Investors Ltd boosted its holdings in shares of FactSet by 15.7% during the 3rd quarter. AMP Capital Investors Ltd now owns 9,346 shares of the business services provider’s stock valued at $1,684,000 after acquiring an additional 1,269 shares during the last quarter. First Republic Investment Management Inc. boosted its holdings in shares of FactSet by 9.3% during the 3rd quarter. First Republic Investment Management Inc. now owns 3,941 shares of the business services provider’s stock valued at $710,000 after acquiring an additional 334 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of FactSet by 5.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 7,959 shares of the business services provider’s stock valued at $1,433,000 after acquiring an additional 428 shares during the last quarter. 95.98% of the stock is currently owned by institutional investors.
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FactSet Research Systems Inc provides integrated financial information and analytical applications to the investment community in the United States, Europe, and the Asia Pacific. It delivers insight and information to financial investment professionals through its analytics, services, contents, and technologies.
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