Robert J. Robie Sells 4,336 Shares of FactSet Research Systems Inc. (NYSE:FDS) Stock

FactSet Research Systems Inc. (NYSE:FDS) EVP Robert J. Robie sold 4,336 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $431.48, for a total value of $1,870,897.28. Following the sale, the executive vice president now owns 1,485 shares in the company, valued at approximately $640,747.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

FactSet Research Systems Price Performance

Shares of FDS opened at $436.08 on Tuesday. The firm has a market capitalization of $16.62 billion, a price-to-earnings ratio of 34.53, a price-to-earnings-growth ratio of 2.71 and a beta of 0.73. The stock’s fifty day moving average is $446.95 and its 200-day moving average is $454.10. FactSet Research Systems Inc. has a one year low of $380.96 and a one year high of $488.64. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.79 and a current ratio of 1.79.

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 firm had revenue of $545.95 million for the quarter, compared to analysts’ expectations of $547.93 million. FactSet Research Systems had a net margin of 22.72% and a return on equity of 34.36%. Equities analysts anticipate that FactSet Research Systems Inc. will post 15.82 EPS for the current year.

FactSet Research Systems Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, May 31st will be given a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a yield of 0.95%. This is an increase from FactSet Research Systems’s previous quarterly dividend of $0.98. The ex-dividend date of this dividend is Friday, May 31st. FactSet Research Systems’s dividend payout ratio is 32.94%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. BMO Capital Markets raised their price objective on FactSet Research Systems from $447.00 to $458.00 and gave the stock a “market perform” rating in a research note on Monday, March 25th. The Goldman Sachs Group boosted their price objective on shares of FactSet Research Systems from $377.00 to $419.00 and gave the company a “sell” rating in a research report on Friday, March 22nd. Oppenheimer restated a “market perform” rating on shares of FactSet Research Systems in a research note on Friday, March 22nd. Stifel Nicolaus reissued a “hold” rating and issued a $469.00 price target on shares of FactSet Research Systems in a report on Friday, March 22nd. Finally, Barclays restated an “equal weight” rating and set a $460.00 price objective (down from $480.00) on shares of FactSet Research Systems in a research note on Friday, March 22nd. Three analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $442.70.

Institutional Trading of FactSet Research Systems

Several institutional investors have recently modified their holdings of the company. Criterion Capital Advisors LLC bought a new stake in FactSet Research Systems in the fourth quarter worth about $30,000. Desjardins Global Asset Management Inc. raised its holdings in shares of FactSet Research Systems by 69.4% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 83 shares of the business services provider’s stock worth $40,000 after purchasing an additional 34 shares in the last quarter. Larson Financial Group LLC lifted its stake 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 valued at $40,000 after purchasing an additional 82 shares during the last quarter. Smithfield Trust Co boosted 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 buying an additional 32 shares in the last quarter. Finally, CVA Family Office LLC acquired a new position in FactSet Research Systems in the fourth quarter worth approximately $49,000. Institutional investors and hedge funds own 91.24% of the company’s stock.

About FactSet Research Systems

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.