FactSet Research Systems Inc. (NYSE:FDS) has earned a consensus rating of “Hold” from the twelve research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $172.73.

FDS has been the subject of a number of research reports. Morgan Stanley reissued an “equal weight” rating and set a $166.00 price target (up previously from $157.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th. BidaskClub downgraded FactSet Research Systems from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Zacks Investment Research raised FactSet Research Systems from a “hold” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Tuesday, October 10th. Northcoast Research raised FactSet Research Systems from a “neutral” rating to a “buy” rating and set a $195.00 price target for the company in a research report on Thursday, September 21st. Finally, Bank of America Corporation reissued a “neutral” rating and set a $192.00 price target (up previously from $180.00) on shares of FactSet Research Systems in a research report on Wednesday, September 27th.

In related news, VP Matthew J. Mcnulty sold 1,049 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $181.00, for a total value of $189,869.00. Following the transaction, the vice president now owns 2,499 shares in the company, valued at $452,319. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Mark J. Hale sold 9,458 shares of the business’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $180.34, for a total value of $1,705,655.72. Following the completion of the transaction, the chief operating officer now owns 11,314 shares in the company, valued at approximately $2,040,366.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,841 shares of company stock worth $3,224,739. Insiders own 2.70% of the company’s stock.

Several large investors have recently added to or reduced their stakes in FDS. ETF Managers Group LLC acquired a new position in shares of FactSet Research Systems in the second quarter worth about $121,000. Mountain Capital Investment Advisors Inc bought a new stake in FactSet Research Systems in the second quarter valued at about $126,000. Gotham Asset Management LLC increased its holdings in FactSet Research Systems by 6.8% in the second quarter. Gotham Asset Management LLC now owns 1,296 shares of the business services provider’s stock valued at $215,000 after buying an additional 82 shares during the last quarter. Penobscot Investment Management Company Inc. increased its holdings in FactSet Research Systems by 9.4% in the second quarter. Penobscot Investment Management Company Inc. now owns 1,390 shares of the business services provider’s stock valued at $231,000 after buying an additional 120 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in FactSet Research Systems by 107.9% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,316 shares of the business services provider’s stock valued at $237,000 after buying an additional 683 shares during the last quarter. Institutional investors and hedge funds own 93.82% of the company’s stock.

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Shares of FactSet Research Systems (NYSE:FDS) traded up 0.50% during trading on Wednesday, hitting $188.20. The stock had a trading volume of 265,857 shares. The company has a market cap of $7.39 billion, a PE ratio of 28.91 and a beta of 0.98. FactSet Research Systems has a 12-month low of $150.95 and a 12-month high of $188.68. The stock’s 50 day moving average is $173.83 and its 200-day moving average is $165.78.

FactSet Research Systems (NYSE:FDS) last announced its quarterly earnings data on Tuesday, September 26th. The business services provider reported $1.90 EPS for the quarter, beating the Zacks’ consensus estimate of $1.89 by $0.01. The business had revenue of $326.60 million during the quarter, compared to the consensus estimate of $325.26 million. FactSet Research Systems had a return on equity of 55.76% and a net margin of 21.15%. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.69 earnings per share. Analysts forecast that FactSet Research Systems will post $8.19 earnings per share for the current year.

FactSet Research Systems Company Profile

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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