FactSet Research Systems Inc. (NYSE:FDS)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $161.03, but opened at $161.90. FactSet Research Systems shares last traded at $165.29, with a volume of 304,611 shares changing hands.

Several equities research analysts have recently weighed in on FDS shares. Credit Suisse Group AG started coverage on FactSet Research Systems in a research note on Monday. They issued an “outperform” rating and a $182.00 price objective on the stock. Zacks Investment Research upgraded FactSet Research Systems from a “sell” rating to a “hold” rating in a research note on Friday, June 3rd. Cantor Fitzgerald reiterated a “hold” rating on shares of FactSet Research Systems in a research note on Wednesday, June 29th. Morgan Stanley reiterated a “hold” rating and issued a $161.00 price objective on shares of FactSet Research Systems in a research note on Thursday, June 30th. Finally, Goldman Sachs Group Inc. reiterated a “sell” rating and issued a $130.00 price objective on shares of FactSet Research Systems in a research note on Friday, April 1st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the stock. FactSet Research Systems presently has an average rating of “Hold” and an average price target of $167.00.

The stock has a market cap of $6.72 billion and a PE ratio of 26.81. The company’s 50-day moving average price is $158.97 and its 200 day moving average price is $152.76.

FactSet Research Systems (NYSE:FDS) last issued its quarterly earnings data on Tuesday, June 28th. The company reported $1.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.61 by $0.03. The company had revenue of $287.50 million for the quarter. During the same period in the previous year, the business earned $1.46 EPS. The firm’s revenue was up 13.0% on a year-over-year basis. Equities research analysts predict that FactSet Research Systems Inc. will post $6.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 21st. Shareholders of record on Tuesday, May 31st were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, May 26th. This represents a $2.00 annualized dividend and a yield of 1.24%. This is a boost from FactSet Research Systems’s previous quarterly dividend of $0.44.

In other news, CFO Maurizio Nicolelli sold 367 shares of FactSet Research Systems stock in a transaction that occurred on Wednesday, April 13th. The shares were sold at an average price of $150.53, for a total value of $55,244.51. Following the completion of the sale, the chief financial officer now directly owns 4,046 shares in the company, valued at $609,044.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Mark J. Hale sold 1,823 shares of FactSet Research Systems stock in a transaction that occurred on Wednesday, April 13th. The shares were sold at an average price of $150.05, for a total transaction of $273,541.15. Following the completion of the sale, the chief operating officer now owns 4,969 shares of the company’s stock, valued at $745,598.45. The disclosure for this sale can be found here.

Other large investors have added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System increased its stake in FactSet Research Systems by 17.7% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 32,463 shares of the company’s stock worth $5,278,000 after buying an additional 4,890 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in FactSet Research Systems by 8.2% in the fourth quarter. Great West Life Assurance Co. Can now owns 19,747 shares of the company’s stock worth $3,217,000 after buying an additional 1,500 shares during the last quarter. Rhumbline Advisers increased its stake in FactSet Research Systems by 1.0% in the fourth quarter. Rhumbline Advisers now owns 85,623 shares of the company’s stock worth $13,920,000 after buying an additional 829 shares during the last quarter. California Public Employees Retirement System increased its stake in FactSet Research Systems by 1.8% in the fourth quarter. California Public Employees Retirement System now owns 107,167 shares of the company’s stock worth $17,422,000 after buying an additional 1,900 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in FactSet Research Systems by 0.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 37,578 shares of the company’s stock worth $6,108,000 after buying an additional 157 shares during the last quarter.

FactSet Research Systems Inc (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S., Europe and Asia Pacific. Sales, consulting, data collection, product development and software engineering are the primary functional groups within the U.S., Europe and Asia Pacific segments that provide global financial and economic information to investment managers, investment banks and other financial services professionals.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.