Shares of FactSet Research Systems Inc. (NYSE:FDS) have earned a consensus rating of “Hold” from the twelve analysts that are covering the firm. Three research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $165.00.

Several equities analysts recently issued reports on the company. Credit Suisse Group AG upped their target price on FactSet Research Systems from $179.00 to $185.00 and gave the company an “outperform” rating in a research report on Wednesday, March 29th. Stifel Nicolaus reissued a “hold” rating and issued a $163.00 target price on shares of FactSet Research Systems in a research report on Tuesday, April 25th. Zacks Investment Research downgraded FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Thursday, March 30th. Finally, Deutsche Bank AG assumed coverage on FactSet Research Systems in a research report on Wednesday, May 10th. They issued a “hold” rating and a $160.00 target price on the stock.

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In other FactSet Research Systems news, Director Joseph E. Laird, Jr. sold 1,000 shares of the stock in a transaction dated Monday, April 17th. The stock was sold at an average price of $160.00, for a total transaction of $160,000.00. Following the sale, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $1,600,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.70% of the stock is currently owned by company insiders.

A number of large investors have recently made changes to their positions in FDS. Stratos Wealth Partners LTD. increased its stake in shares of FactSet Research Systems by 3.8% in the third quarter. Stratos Wealth Partners LTD. now owns 2,233 shares of the business services provider’s stock valued at $362,000 after buying an additional 82 shares in the last quarter. Ngam Advisors L.P. increased its stake in shares of FactSet Research Systems by 6.2% in the third quarter. Ngam Advisors L.P. now owns 153,035 shares of the business services provider’s stock valued at $24,807,000 after buying an additional 8,900 shares in the last quarter. First Personal Financial Services increased its stake in shares of FactSet Research Systems by 21.4% in the third quarter. First Personal Financial Services now owns 7,407 shares of the business services provider’s stock valued at $1,201,000 after buying an additional 1,307 shares in the last quarter. Strategic Financial Services Inc increased its stake in shares of FactSet Research Systems by 0.7% in the third quarter. Strategic Financial Services Inc now owns 19,935 shares of the business services provider’s stock valued at $3,231,000 after buying an additional 145 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of FactSet Research Systems by 14.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,210 shares of the business services provider’s stock valued at $196,000 after buying an additional 156 shares in the last quarter. 95.71% of the stock is currently owned by institutional investors.

Shares of FactSet Research Systems (NYSE:FDS) traded down 0.01% during mid-day trading on Friday, hitting $161.95. The company had a trading volume of 144,191 shares. The company has a market capitalization of $6.39 billion, a price-to-earnings ratio of 19.02 and a beta of 0.75. The company has a 50-day moving average price of $161.66 and a 200-day moving average price of $167.81. FactSet Research Systems has a 1-year low of $149.39 and a 1-year high of $183.64.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, March 28th. The business services provider reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.01. FactSet Research Systems had a return on equity of 51.90% and a net margin of 30.18%. The firm had revenue of $294.40 million for the quarter, compared to the consensus estimate of $296.04 million. During the same period in the prior year, the firm earned $1.63 EPS. The firm’s revenue was up 4.5% on a year-over-year basis. On average, equities analysts anticipate that FactSet Research Systems will post $7.28 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 20th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.56 per share. This is an increase from FactSet Research Systems’s previous quarterly dividend of $0.50. This represents a $2.24 annualized dividend and a yield of 1.38%. The ex-dividend date is Friday, May 26th. FactSet Research Systems’s dividend payout ratio (DPR) is currently 23.64%.

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.

12 Month Chart for NYSE:FDS

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