US Bancorp DE Reduces Holdings in Fair Isaac Co. (NYSE:FICO)

US Bancorp DE decreased its holdings in shares of Fair Isaac Co. (NYSE:FICOGet Rating) by 4.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 4,016 shares of the technology company’s stock after selling 208 shares during the period. US Bancorp DE’s holdings in Fair Isaac were worth $1,655,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of FICO. Private Advisor Group LLC purchased a new stake in Fair Isaac in the first quarter valued at approximately $324,000. PNC Financial Services Group Inc. boosted its position in Fair Isaac by 3.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,845 shares of the technology company’s stock valued at $860,000 after buying an additional 54 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in Fair Isaac by 423.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 293 shares of the technology company’s stock valued at $137,000 after buying an additional 237 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in Fair Isaac by 0.7% in the first quarter. Great West Life Assurance Co. Can now owns 20,658 shares of the technology company’s stock valued at $9,998,000 after buying an additional 135 shares during the last quarter. Finally, Raymond James Trust N.A. boosted its position in Fair Isaac by 12.4% in the first quarter. Raymond James Trust N.A. now owns 964 shares of the technology company’s stock valued at $449,000 after buying an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Fair Isaac Price Performance

Shares of FICO stock opened at $617.92 on Tuesday. The company has a market cap of $15.43 billion, a price-to-earnings ratio of 43.52 and a beta of 1.28. The stock has a 50 day simple moving average of $596.14 and a 200-day simple moving average of $499.02. Fair Isaac Co. has a 1-year low of $340.48 and a 1-year high of $638.87.

Fair Isaac (NYSE:FICOGet Rating) last announced its earnings results on Wednesday, November 9th. The technology company reported $3.56 earnings per share for the quarter, hitting the consensus estimate of $3.56. Fair Isaac had a negative return on equity of 51.08% and a net margin of 27.12%. The business had revenue of $348.75 million during the quarter, compared to the consensus estimate of $355.10 million. Analysts anticipate that Fair Isaac Co. will post 16.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their price target on Fair Isaac from $614.00 to $686.00 and gave the company a “buy” rating in a report on Monday, December 12th. Needham & Company LLC boosted their price target on Fair Isaac from $600.00 to $630.00 and gave the company a “buy” rating in a report on Thursday, November 10th. StockNews.com downgraded Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, November 13th. Deutsche Bank Aktiengesellschaft initiated coverage on Fair Isaac in a report on Friday, January 6th. They issued a “buy” rating and a $697.00 price target for the company. Finally, Jefferies Financial Group boosted their price target on Fair Isaac from $545.00 to $695.00 and gave the company a “buy” rating in a report on Friday, November 11th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $647.17.

Insider Activity at Fair Isaac

In related news, EVP Mark R. Scadina sold 13,793 shares of the stock in a transaction on Monday, November 14th. The stock was sold at an average price of $601.28, for a total value of $8,293,455.04. Following the completion of the transaction, the executive vice president now directly owns 19,186 shares of the company’s stock, valued at approximately $11,536,158.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP Mark R. Scadina sold 13,793 shares of the stock in a transaction on Monday, November 14th. The stock was sold at an average price of $601.28, for a total value of $8,293,455.04. Following the completion of the transaction, the executive vice president now directly owns 19,186 shares of the company’s stock, valued at approximately $11,536,158.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joanna Rees sold 244 shares of the company’s stock in a transaction on Thursday, December 15th. The shares were sold at an average price of $594.02, for a total value of $144,940.88. Following the completion of the sale, the director now owns 3,428 shares of the company’s stock, valued at $2,036,300.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,072 shares of company stock valued at $12,180,047. 3.05% of the stock is owned by insiders.

Fair Isaac Company Profile

(Get Rating)

Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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