Hartford Investment Management Co. Purchases 53 Shares of FactSet Research Systems

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FDS Intrinsic Value – FACTSET ($NYSE:FDS): Hartford Investment Management Co. is a registered investment adviser based in Hartford, Connecticut.

Price History

On Friday, FactSet’s stock opened at $413.60 and closed at $413.70, down 1.3% from the prior closing price of $419.20. FactSet provides financial data and analytical software to investment professionals around the world. The company has a strong track record of growth, and analysts expect this to continue in the future. With the company’s stock still trading at a relatively high level, it seems that investors are bullish on FactSet’s prospects in the coming years.

VI Analysis – FDS Intrinsic Value

FACTSET RESEARCH SYSTEMS is a provider of integrated financial information, analytical applications, and workflow solutions. The company’s fundamental reflect its long term potential. The intrinsic value of FACTSET RESEARCH SYSTEMS share is around $387.8, calculated by VI Line. Now FACTSET RESEARCH SYSTEMS stock is traded at $413.7, a fair price overvalued by 7%.

Summary

Investing in FactSet Research Systems may be a good idea for Hartford Investment Management Co., as the company has recently purchased 53 shares of the company. The company has a strong history of profitability, with its net income increasing every year for the past five years. FactSet Research Systems also has a strong balance sheet, with over $1 billion in cash and no debt.

The company’s products are in high demand, and its revenues have been growing rapidly. Given all of these factors, FactSet Research Systems appears to be a well-positioned company that could provide Hartford Investment Management Co. with strong returns in the future.