FactSet Research Systems Inc. (NYSE:FDS) has received an average rating of “Hold” from the fourteen brokerages that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $239.08.

A number of analysts have commented on the stock. Zacks Investment Research cut shares of FactSet Research Systems from a “hold” rating to a “sell” rating and set a $257.00 target price for the company. in a report on Monday, September 30th. Credit Suisse Group set a $230.00 price target on shares of FactSet Research Systems and gave the stock a “hold” rating in a research report on Friday, September 27th. ValuEngine lowered shares of FactSet Research Systems from a “buy” rating to a “hold” rating in a research report on Thursday, September 26th. Stifel Nicolaus dropped their price target on shares of FactSet Research Systems from $242.00 to $230.00 and set a “hold” rating for the company in a research report on Friday, September 27th. Finally, Morgan Stanley dropped their price target on shares of FactSet Research Systems from $217.00 to $215.00 and set an “underweight” rating for the company in a research report on Thursday, October 10th.

In other FactSet Research Systems news, CEO Frederick Philip Snow sold 1,186 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $254.64, for a total value of $302,003.04. Following the completion of the transaction, the chief executive officer now directly owns 4,980 shares in the company, valued at $1,268,107.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Philip A. Hadley sold 75,000 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $282.86, for a total transaction of $21,214,500.00. Following the completion of the transaction, the director now owns 467,368 shares of the company’s stock, valued at $132,199,712.48. The disclosure for this sale can be found here. Over the last quarter, insiders sold 78,558 shares of company stock valued at $22,125,585. Company insiders own 2.30% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the business. Marshall Wace LLP bought a new position in shares of FactSet Research Systems during the first quarter worth $85,000. WINTON GROUP Ltd boosted its position in shares of FactSet Research Systems by 1.6% during the second quarter. WINTON GROUP Ltd now owns 2,559 shares of the business services provider’s stock worth $733,000 after acquiring an additional 40 shares during the last quarter. Retirement Systems of Alabama boosted its position in shares of FactSet Research Systems by 4.9% during the second quarter. Retirement Systems of Alabama now owns 64,938 shares of the business services provider’s stock worth $18,609,000 after acquiring an additional 3,024 shares during the last quarter. Gulf International Bank UK Ltd bought a new position in shares of FactSet Research Systems during the second quarter worth $2,779,000. Finally, Nachman Norwood & Parrott Inc bought a new position in shares of FactSet Research Systems during the second quarter worth $222,000. Institutional investors and hedge funds own 98.18% of the company’s stock.

FDS stock traded down $5.22 during midday trading on Thursday, reaching $254.75. 364,081 shares of the company’s stock traded hands, compared to its average volume of 299,945. FactSet Research Systems has a 52-week low of $188.31 and a 52-week high of $305.38. The stock has a market cap of $9.86 billion, a P/E ratio of 26.00, a PEG ratio of 2.89 and a beta of 0.96. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.85. The stock’s 50-day moving average is $248.37 and its 200 day moving average is $273.28.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Thursday, September 26th. The business services provider reported $2.61 EPS for the quarter, beating the Zacks’ 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 business had revenue of $364.28 million during the quarter, compared to analysts’ expectations of $362.39 million. During the same period in the prior year, the company earned $2.20 earnings per share. The firm’s revenue was up 5.3% on a year-over-year basis. As a group, research analysts expect that FactSet Research Systems will post 9.99 EPS for the current fiscal year.

About FactSet Research Systems

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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