FactSet Research Systems (FDS) recently experienced changes in share ownership. JW Coons Advisors LLC and Cibc World Markets Corp purchased stakes, while CIBC Asset Management Inc and Cambridge Investment Research Advisors sold their shares.
FactSet Q1 reportedly saw a decline, while it is expected to report growth in
Q3 earnings. A
larger dividend than last year's is due to be paid. However, the
price target for FDS shares has been lowered by Jefferies Financial Group and Morgan Stanley. It's reported that CEO, Frederick Philip Snow sold 3000 shares. Moreover, FDS is facing a poor outlook for FY24, and probably FY25, according to inspections. Despite the underperformance noted by Bank of America, FactSet Research Systems Inc exceeded expectations in terms of results. TheShares reflected
solid growth in
Q2 2024 earnings. Layoffs are reported to be affecting licensing revenue. Investors in FactSet Research Systems saw respectable returns of 60% over the past five years.
Factset Research Systems FDS News Analytics from Tue, 05 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 16:29:08 GMT -
Rating 2
- Innovation 3
- Information 7
- Rumor -4
