Is Buying Stock Like FactSet Research Systems Inc. Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like FactSet Research Systems Inc. Good Idea After Today's Bullish Options Activity?

In today’s session FactSet Research Systems Inc. (FDS) registered an unusually high (276) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious FDS increase. With 276 contracts traded and 4234 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: FDS161216C00165000 closed last at: $2.05 or 37.9% down. The stock decreased 0.54% or $0.88 on November 23, hitting $160.68. About 482,463 shares traded hands or 37.69% up from the average. FactSet Research Systems Inc. (NYSE:FDS) has risen 3.64% since April 22, 2016 and is uptrending. It has underperformed by 1.76% the S&P500.

Analysts await FactSet Research Systems Inc. (NYSE:FDS) to report earnings on December, 20. They expect $1.70 EPS, up 18.06% or $0.26 from last year’s $1.44 per share. FDS’s profit will be $67.18 million for 23.63 P/E if the $1.70 EPS becomes a reality. After $1.69 actual EPS reported by FactSet Research Systems Inc. for the previous quarter, Wall Street now forecasts 0.59% EPS growth.

FactSet Research Systems Inc. (NYSE:FDS) Ratings Coverage

Out of 9 analysts covering FactSet Research Systems Inc. (NYSE:FDS), 1 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 11% are positive. FactSet Research Systems Inc. has been the topic of 12 analyst reports since September 22, 2015 according to StockzIntelligence Inc. The stock of FactSet Research Systems Inc. (NYSE:FDS) has “Buy” rating given on Tuesday, December 8 by Stifel Nicolaus. The rating was initiated by Jefferies with “Buy” on Tuesday, September 22. UBS downgraded FactSet Research Systems Inc. (NYSE:FDS) on Thursday, March 10 to “Sell” rating. The stock of FactSet Research Systems Inc. (NYSE:FDS) has “Neutral” rating given on Friday, August 26 by Macquarie Research. The stock has “Underperform” rating given by Raymond James on Tuesday, September 27. The stock of FactSet Research Systems Inc. (NYSE:FDS) earned “Neutral” rating by Sterne Agee CRT on Tuesday, March 22. The company was maintained on Wednesday, March 16 by Barclays Capital. Cantor Fitzgerald initiated FactSet Research Systems Inc. (NYSE:FDS) on Tuesday, November 10 with “Hold” rating. Evercore initiated FactSet Research Systems Inc. (NYSE:FDS) on Thursday, January 7 with “Hold” rating. The company was maintained on Tuesday, August 23 by Barclays Capital.

According to Zacks Investment Research, “FactSet Research Systems Inc. supplies global economic and financial data to analysts, investment bankers and other financial professionals. The company combines databases from multiple suppliers into a single online source of information and analytics, including fundamental data on tens of thousands of American and international companies and securities. The company obtains financial information from several database vendors and when possible, seeks to maintain contractual relationships with a minimum of two database providers for each type of financial data. are on a flat or royalty (“

Insitutional Activity: The institutional sentiment decreased to 0.88 in Q2 2016. Its down 0.25, from 1.13 in 2016Q1. The ratio turned negative, as 33 funds sold all FactSet Research Systems Inc. shares owned while 114 reduced positions. 43 funds bought stakes while 123 increased positions. They now own 37.64 million shares or 1.46% more from 37.10 million shares in 2016Q1.
The California-based California State Teachers Retirement Systems has invested 0.03% in FactSet Research Systems Inc. (NYSE:FDS). Blackrock Advisors Llc holds 0% of its portfolio in FactSet Research Systems Inc. (NYSE:FDS) for 22,086 shares. First Savings Bank Of Omaha holds 0.36% or 29,844 shares in its portfolio. Cim holds 0.23% or 2,846 shares in its portfolio. The New York-based Evercore Wealth Mgmt has invested 0% in FactSet Research Systems Inc. (NYSE:FDS). Lazard Asset Ltd last reported 0.05% of its portfolio in the stock. Sei Investments Company holds 4,043 shares or 0% of its portfolio. Metropolitan Life New York accumulated 0.05% or 40,201 shares. Psagot Inv House Limited accumulated 29,500 shares or 0.21% of the stock. The Kansas-based Mariner Wealth Advisors Ltd Liability has invested 0.02% in FactSet Research Systems Inc. (NYSE:FDS). Cibc Asset Mgmt holds 1,316 shares or 0% of its portfolio. First Bancorporation Na has invested 0.15% of its portfolio in FactSet Research Systems Inc. (NYSE:FDS). First Mercantile Tru accumulated 0.31% or 15,174 shares. Wells Fargo And Mn accumulated 1.92 million shares or 0.12% of the stock. Moreover, Mai Cap Management has 0.05% invested in FactSet Research Systems Inc. (NYSE:FDS) for 4,346 shares.

Insider Transactions: Since July 1, 2016, the stock had 0 insider purchases, and 6 insider sales for $1.82 million net activity. On Friday, July 1 the insider LAIRD JOSEPH E JR sold $161,000. 6,250 FactSet Research Systems Inc. (NYSE:FDS) shares with value of $988,875 were sold by Snow Frederick Philip. Another trade for 1,000 shares valued at $164,630 was sold by McNulty Matthew J. Another trade for 1,065 shares valued at $169,111 was sold by Stern Rachel Rebecca.

Factset Research Systems Inc. is engaged in providing integrated financial information and big data analytical applications for the global investment community. The company has a market cap of $6.35 billion. The Company’s divisions include the U.S., Europe and Asia Pacific. It has a 19.53 P/E ratio. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

FDS Company Profile

Factset Research Systems Inc., incorporated on January 25, 1984, is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s activities are organized into three divisions based on geographic business activities: the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas. The European segment maintains offices in France, Germany, Italy, Ireland, Latvia, Luxembourg, the Netherlands, Spain, South Africa, Sweden and Dubai. The Asia Pacific segment has office locations in Australia, Hong Kong, Singapore and Mumbai, India. The Firm delivers insight and information to investment professionals through its analytics, service, content, and technology. The Firm offers third-party content through desktop, wireless and off-platform solutions.

Another recent and important FactSet Research Systems Inc. (NYSE:FDS) news was published by Fortune.com which published an article titled: “FactSet Research Systems” on June 28, 2016.

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