Frederick Philip Snow Sells 1,778 Shares of FactSet Research Systems Inc. (NYSE:FDS) Stock

FactSet Research Systems Inc. (NYSE:FDS) CEO Frederick Philip Snow sold 1,778 shares of FactSet Research Systems stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $268.66, for a total transaction of $477,677.48. Following the sale, the chief executive officer now owns 5,572 shares of the company’s stock, valued at $1,496,973.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, December 2nd, Frederick Philip Snow sold 1,186 shares of FactSet Research Systems stock. The stock was sold at an average price of $259.98, for a total transaction of $308,336.28.
  • On Friday, November 1st, Frederick Philip Snow sold 1,186 shares of FactSet Research Systems stock. The stock was sold at an average price of $254.64, for a total transaction of $302,003.04.

FDS stock traded up $2.48 during trading on Thursday, hitting $273.99. 39,207 shares of the company’s stock traded hands, compared to its average volume of 316,593. The company has a quick ratio of 2.63, a current ratio of 2.63 and a debt-to-equity ratio of 1.17. FactSet Research Systems Inc. has a 52 week low of $208.16 and a 52 week high of $305.38. The stock has a fifty day moving average price of $267.23 and a two-hundred day moving average price of $267.68. The stock has a market capitalization of $10.38 billion, a price-to-earnings ratio of 27.40, a price-to-earnings-growth ratio of 2.97 and a beta of 0.95.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Thursday, December 19th. The business services provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.16. FactSet Research Systems had a net margin of 24.99% and a return on equity of 60.69%. The firm had revenue of $366.70 million during the quarter, compared to analyst estimates of $367.42 million. During the same quarter in the previous year, the firm earned $2.35 earnings per share. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, equities research analysts expect that FactSet Research Systems Inc. will post 10.03 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $2.88 annualized dividend and a dividend yield of 1.05%. FactSet Research Systems’s dividend payout ratio is currently 28.80%.

Several institutional investors have recently added to or reduced their stakes in FDS. Commonwealth Equity Services LLC raised its stake in FactSet Research Systems by 0.8% during the third quarter. Commonwealth Equity Services LLC now owns 4,968 shares of the business services provider’s stock worth $1,207,000 after acquiring an additional 40 shares in the last quarter. Allianz Asset Management GmbH raised its stake in FactSet Research Systems by 3.2% during the second quarter. Allianz Asset Management GmbH now owns 1,742 shares of the business services provider’s stock worth $499,000 after acquiring an additional 54 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in FactSet Research Systems by 4.9% during the second quarter. Vestmark Advisory Solutions Inc. now owns 1,176 shares of the business services provider’s stock worth $337,000 after acquiring an additional 55 shares in the last quarter. Smith Shellnut Wilson LLC ADV raised its stake in FactSet Research Systems by 4.8% during the third quarter. Smith Shellnut Wilson LLC ADV now owns 1,256 shares of the business services provider’s stock worth $305,000 after acquiring an additional 57 shares in the last quarter. Finally, First Personal Financial Services increased its stake in shares of FactSet Research Systems by 1.0% in the third quarter. First Personal Financial Services now owns 6,604 shares of the business services provider’s stock valued at $1,605,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 98.36% of the company’s stock.

FDS has been the subject of a number of recent research reports. UBS Group lowered their price target on shares of FactSet Research Systems from $245.00 to $241.00 and set a “sell” rating for the company in a report on Friday, December 20th. ValuEngine downgraded shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. DA Davidson lowered their target price on shares of FactSet Research Systems to $240.00 and set a “neutral” rating for the company in a report on Friday, September 27th. William Blair restated a “market perform” rating on shares of FactSet Research Systems in a report on Friday, September 27th. Finally, Cantor Fitzgerald set a $240.00 target price on shares of FactSet Research Systems and gave the company a “hold” rating in a report on Friday, September 27th. Five research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $243.00.

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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