First Financial Bank Trust Division Has $996,000 Holdings in FactSet Research Systems Inc. (NYSE:FDS)

First Financial Bank Trust Division raised its position in shares of FactSet Research Systems Inc. (NYSE:FDS) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,166 shares of the business services provider’s stock after buying an additional 51 shares during the period. First Financial Bank Trust Division’s holdings in FactSet Research Systems were worth $996,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Verity & Verity LLC bought a new stake in FactSet Research Systems during the 2nd quarter worth approximately $307,000. Sanctuary Advisors LLC acquired a new position in FactSet Research Systems in the second quarter worth $9,733,000. Aristides Capital LLC bought a new stake in shares of FactSet Research Systems during the second quarter worth $1,225,000. Cetera Investment Advisers increased its stake in shares of FactSet Research Systems by 7.2% in the second quarter. Cetera Investment Advisers now owns 5,791 shares of the business services provider’s stock valued at $2,364,000 after buying an additional 391 shares in the last quarter. Finally, Quarry LP bought a new position in shares of FactSet Research Systems in the second quarter valued at about $62,000. Institutional investors own 91.24% of the company’s stock.

FactSet Research Systems Trading Up 0.4 %

NYSE FDS opened at $457.01 on Thursday. The company has a market cap of $17.38 billion, a PE ratio of 34.47, a PEG ratio of 3.11 and a beta of 0.75. FactSet Research Systems Inc. has a 12 month low of $391.84 and a 12 month high of $488.64. The stock has a 50 day moving average of $426.86 and a 200-day moving average of $427.52. The company has a current ratio of 1.25, a quick ratio of 1.79 and a debt-to-equity ratio of 0.65.

FactSet Research Systems (NYSE:FDS) last posted its quarterly earnings results on Thursday, September 19th. The business services provider reported $3.74 EPS for the quarter, topping analysts’ consensus estimates of $3.62 by $0.12. The business had revenue of $562.20 million during the quarter, compared to analysts’ expectations of $547.06 million. FactSet Research Systems had a return on equity of 34.77% and a net margin of 24.38%. FactSet Research Systems’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company posted $2.93 earnings per share. On average, equities research analysts anticipate that FactSet Research Systems Inc. will post 17.16 EPS for the current fiscal year.

FactSet Research Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 30th were issued a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 0.91%. The ex-dividend date was Friday, August 30th. FactSet Research Systems’s dividend payout ratio is 31.37%.

Insider Buying and Selling at FactSet Research Systems

In other news, EVP Christopher R. Ellis sold 13,952 shares of the stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the transaction, the executive vice president now directly owns 23,515 shares of the company’s stock, valued at $10,726,367.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Frederick Philip Snow sold 3,000 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $412.75, for a total value of $1,238,250.00. Following the completion of the sale, the chief executive officer now directly owns 12,915 shares in the company, valued at approximately $5,330,666.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Christopher R. Ellis sold 13,952 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $456.15, for a total value of $6,364,204.80. Following the completion of the transaction, the executive vice president now directly owns 23,515 shares in the company, valued at $10,726,367.25. The disclosure for this sale can be found here. Insiders sold 28,362 shares of company stock valued at $12,688,945 in the last quarter. 1.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

FDS has been the topic of a number of research analyst reports. BMO Capital Markets increased their price objective on shares of FactSet Research Systems from $440.00 to $471.00 and gave the stock a “market perform” rating in a report on Friday, September 20th. Evercore ISI started coverage on shares of FactSet Research Systems in a research note on Wednesday. They set an “inline” rating and a $470.00 price target on the stock. Wells Fargo & Company boosted their price objective on shares of FactSet Research Systems from $435.00 to $503.00 and gave the stock an “equal weight” rating in a research report on Friday, September 20th. Stifel Nicolaus upped their price objective on FactSet Research Systems from $451.00 to $469.00 and gave the stock a “hold” rating in a report on Friday, September 20th. Finally, Morgan Stanley lifted their target price on FactSet Research Systems from $350.00 to $355.00 and gave the company an “underweight” rating in a research note on Monday, June 24th. Four equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. Based on data from MarketBeat.com, FactSet Research Systems presently has an average rating of “Hold” and an average target price of $448.46.

FactSet Research Systems Company Profile

FactSet Research Systems Inc, a financial data company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth.