FactSet Research Systems Inc. (NYSE:FDS) CEO Sells $308,336.28 in Stock

FactSet Research Systems Inc. (NYSE:FDS) CEO Frederick Philip Snow sold 1,186 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $259.98, for a total value of $308,336.28. Following the completion of the sale, the chief executive officer now directly owns 4,980 shares in the company, valued at $1,294,700.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Frederick Philip Snow also recently made the following trade(s):

  • On Friday, November 1st, Frederick Philip Snow sold 1,186 shares of FactSet Research Systems stock. The shares were sold at an average price of $254.64, for a total transaction of $302,003.04.
  • On Tuesday, October 1st, Frederick Philip Snow sold 1,186 shares of FactSet Research Systems stock. The stock was sold at an average price of $243.26, for a total transaction of $288,506.36.

NYSE FDS traded down $0.28 during mid-day trading on Tuesday, hitting $259.86. The company’s stock had a trading volume of 278,452 shares, compared to its average volume of 338,364. The firm has a market capitalization of $9.85 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 2.88 and a beta of 0.95. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.67 and a quick ratio of 2.67. FactSet Research Systems Inc. has a 52-week low of $188.31 and a 52-week high of $305.38. The stock’s fifty day simple moving average is $254.58 and its two-hundred day simple moving average is $271.82.

FactSet Research Systems (NYSE:FDS) last released its quarterly earnings data on Thursday, September 26th. The business services provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.47 by $0.14. FactSet Research Systems had a net margin of 24.58% and a return on equity of 63.04%. The company had revenue of $364.28 million during the quarter, compared to the consensus estimate of $362.39 million. During the same period in the previous year, the firm earned $2.20 earnings per share. FactSet Research Systems’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, equities analysts forecast that FactSet Research Systems Inc. will post 10 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Friday, November 29th will be issued a dividend of $0.72 per share. The ex-dividend date is Wednesday, November 27th. This represents a $2.88 annualized dividend and a dividend yield of 1.11%. FactSet Research Systems’s payout ratio is 28.80%.

Several equities research analysts recently issued reports on FDS shares. DA Davidson decreased their target price on shares of FactSet Research Systems to $240.00 and set a “neutral” rating on the stock in a research report on Friday, September 27th. Bank of America lowered shares of FactSet Research Systems from a “neutral” rating to an “underperform” rating and set a $230.00 price target for the company. in a research report on Friday, September 27th. William Blair reaffirmed a “market perform” rating on shares of FactSet Research Systems in a research note on Friday, September 27th. Jefferies Financial Group began coverage on shares of FactSet Research Systems in a report on Wednesday, November 27th. They issued a “hold” rating and a $253.00 price target on the stock. Finally, Zacks Investment Research cut shares of FactSet Research Systems from a “hold” rating to a “sell” rating and set a $257.00 price objective for the company. in a research note on Monday, September 30th. Five research analysts have rated the stock with a sell rating and ten have given a hold rating to the company. FactSet Research Systems has an average rating of “Hold” and a consensus target price of $240.15.

A number of institutional investors have recently made changes to their positions in the stock. Krane Funds Advisors LLC purchased a new position in FactSet Research Systems in the second quarter valued at about $25,000. Kavar Capital Partners LLC acquired a new stake in shares of FactSet Research Systems in the second quarter valued at about $37,000. Cullen Frost Bankers Inc. grew its stake in shares of FactSet Research Systems by 178.1% in the third quarter. Cullen Frost Bankers Inc. now owns 203 shares of the business services provider’s stock valued at $49,000 after buying an additional 130 shares in the last quarter. Quest Capital Management Inc. ADV purchased a new stake in shares of FactSet Research Systems during the 3rd quarter valued at about $50,000. Finally, Quantamental Technologies LLC purchased a new stake in shares of FactSet Research Systems during the 2nd quarter valued at about $64,000. 98.37% of the stock is owned by hedge funds and other institutional investors.

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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Insider Buying and Selling by Quarter for FactSet Research Systems (NYSE:FDS)

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