Bath Savings Trust Co lessened its stake in shares of FactSet Research Systems Inc. (NYSE:FDS) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 50,678 shares of the business services provider’s stock after selling 975 shares during the quarter. FactSet Research Systems makes up approximately 2.5% of Bath Savings Trust Co’s portfolio, making the stock its 11th biggest position. Bath Savings Trust Co owned 0.13% of FactSet Research Systems worth $9,769,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. Tandem Investment Advisors Inc. boosted its stake in shares of FactSet Research Systems by 1.0% during the fourth quarter. Tandem Investment Advisors Inc. now owns 64,557 shares of the business services provider’s stock valued at $12,444,000 after purchasing an additional 620 shares during the period. Institutional & Family Asset Management LLC lifted its stake in FactSet Research Systems by 1.5% in the third quarter. Institutional & Family Asset Management LLC now owns 18,024 shares of the business services provider’s stock worth $3,246,000 after acquiring an additional 259 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in FactSet Research Systems in the third quarter worth $513,000. Visionary Asset Management Inc. purchased a new stake in FactSet Research Systems in the third quarter worth $205,000. Finally, GSA Capital Partners LLP purchased a new stake in FactSet Research Systems in the third quarter worth $248,000. 93.97% of the stock is owned by hedge funds and other institutional investors.
In other news, VP Matthew J. Mcnulty sold 1,400 shares of the firm’s stock in a transaction on Saturday, December 29th. The stock was sold at an average price of $192.70, for a total transaction of $269,780.00. Following the completion of the transaction, the vice president now directly owns 3,248 shares in the company, valued at $625,889.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Mark J. Hale sold 48,001 shares of the firm’s stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $198.43, for a total value of $9,524,838.43. Following the transaction, the chief operating officer now owns 6,268 shares of the company’s stock, valued at $1,243,759.24. The disclosure for this sale can be found here. In the last quarter, insiders sold 55,406 shares of company stock valued at $10,957,561. 2.70% of the stock is owned by corporate insiders.
FactSet Research Systems Inc. (FDS) traded up $3.61 on Thursday, reaching $204.30. The company’s stock had a trading volume of 209,833 shares, compared to its average volume of 344,933. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.64 and a current ratio of 2.64. The company has a market capitalization of $7,832.87, a P/E ratio of 30.81, a price-to-earnings-growth ratio of 2.19 and a beta of 0.97. FactSet Research Systems Inc. has a twelve month low of $155.09 and a twelve month high of $209.02.
FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings data on Tuesday, December 19th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.98 by $0.06. The business had revenue of $329.10 million during the quarter, compared to the consensus estimate of $330.49 million. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.75 earnings per share. sell-side analysts predict that FactSet Research Systems Inc. will post 8.34 EPS for the current fiscal year.
A number of analysts recently commented on the company. Northcoast Research lowered FactSet Research Systems from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 5th. Morgan Stanley raised their price target on FactSet Research Systems from $179.00 to $186.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Zacks Investment Research lowered FactSet Research Systems from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. Goldman Sachs Group assumed coverage on FactSet Research Systems in a research note on Wednesday, November 8th. They issued a “neutral” rating and a $194.00 price target for the company. Finally, Wells Fargo & Co set a $185.00 price target on FactSet Research Systems and gave the stock a “hold” rating in a research note on Wednesday, December 20th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the stock. FactSet Research Systems presently has a consensus rating of “Hold” and a consensus price target of $184.62.
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FactSet Research Systems 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.
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