FactSet Research Systems Inc. (NYSE:FDS) has received an average rating of “Hold” from the twelve research firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $170.64.

A number of brokerages recently issued reports on FDS. Stifel Nicolaus reissued a “hold” rating and set a $163.00 price objective on shares of FactSet Research Systems in a report on Tuesday, July 25th. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $187.00 price objective on the stock in a report on Friday, September 22nd. BidaskClub cut FactSet Research Systems from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. UBS AG reissued a “buy” rating and set a $146.00 price objective (down previously from $150.00) on shares of FactSet Research Systems in a report on Friday, June 9th. Finally, Barclays PLC increased their price objective on FactSet Research Systems from $164.00 to $175.00 and gave the stock an “underweight” rating in a report on Wednesday, September 27th.

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In related news, Chairman Philip A. Hadley sold 38,942 shares of the firm’s stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $163.83, for a total transaction of $6,379,867.86. Following the transaction, the chairman now directly owns 666,494 shares of the company’s stock, valued at approximately $109,191,712.02. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Matthew J. Mcnulty sold 1,049 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $181.00, for a total value of $189,869.00. Following the transaction, the vice president now directly owns 2,499 shares in the company, valued at $452,319. The disclosure for this sale can be found here. In the last ninety days, insiders sold 100,625 shares of company stock worth $16,788,995. Insiders own 2.70% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Eads & Heald Investment Counsel raised its holdings in shares of FactSet Research Systems by 0.9% during the 2nd quarter. Eads & Heald Investment Counsel now owns 2,358 shares of the business services provider’s stock valued at $392,000 after buying an additional 20 shares in the last quarter. FineMark National Bank & Trust raised its holdings in shares of FactSet Research Systems by 1.0% during the 2nd quarter. FineMark National Bank & Trust now owns 2,183 shares of the business services provider’s stock valued at $363,000 after buying an additional 22 shares in the last quarter. World Asset Management Inc raised its holdings in shares of FactSet Research Systems by 1.3% during the 2nd quarter. World Asset Management Inc now owns 2,847 shares of the business services provider’s stock valued at $473,000 after buying an additional 36 shares in the last quarter. NewFocus Financial Group LLC raised its holdings in shares of FactSet Research Systems by 0.3% during the 2nd quarter. NewFocus Financial Group LLC now owns 13,120 shares of the business services provider’s stock valued at $2,180,000 after buying an additional 41 shares in the last quarter. Finally, Suntrust Banks Inc. raised its holdings in shares of FactSet Research Systems by 4.0% during the 1st quarter. Suntrust Banks Inc. now owns 1,313 shares of the business services provider’s stock valued at $215,000 after buying an additional 50 shares in the last quarter. 93.72% of the stock is currently owned by institutional investors.

FactSet Research Systems (NYSE:FDS) traded down 0.14% on Friday, reaching $180.91. The company had a trading volume of 323,548 shares. FactSet Research Systems has a 12-month low of $150.95 and a 12-month high of $184.20. The stock has a market capitalization of $7.10 billion, a P/E ratio of 21.09 and a beta of 0.98. The stock’s 50-day moving average price is $164.62 and its 200-day moving average price is $164.42.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Tuesday, September 26th. The business services provider reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.01. The business had revenue of $326.60 million for the quarter, compared to analysts’ expectations of $325.26 million. FactSet Research Systems had a return on equity of 55.76% and a net margin of 21.15%. The firm’s quarterly revenue was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.69 EPS. On average, equities research analysts anticipate that FactSet Research Systems will post $8.03 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 19th. Shareholders of record on Thursday, August 31st were issued a $0.56 dividend. The ex-dividend date was Tuesday, August 29th. This represents a $2.24 annualized dividend and a dividend yield of 1.24%. FactSet Research Systems’s payout ratio is currently 34.36%.

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.

Analyst Recommendations for FactSet Research Systems (NYSE:FDS)

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