Railway Pension Investments Ltd Acquires 800 Shares of Fair Isaac Co. (NYSE:FICO)

Railway Pension Investments Ltd boosted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 2.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,900 shares of the technology company’s stock after buying an additional 800 shares during the quarter. Railway Pension Investments Ltd owned approximately 0.16% of Fair Isaac worth $31,478,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. State Street Corp increased its holdings in Fair Isaac by 20.3% in the 1st quarter. State Street Corp now owns 996,863 shares of the technology company’s stock worth $700,484,000 after buying an additional 168,468 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in shares of Fair Isaac by 0.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 929,015 shares of the technology company’s stock worth $556,090,000 after purchasing an additional 5,225 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Fair Isaac by 1,713.6% during the first quarter. Envestnet Asset Management Inc. now owns 625,188 shares of the technology company’s stock valued at $27,508,000 after purchasing an additional 590,716 shares during the period. Geode Capital Management LLC boosted its holdings in Fair Isaac by 48.9% in the first quarter. Geode Capital Management LLC now owns 577,240 shares of the technology company’s stock valued at $405,140,000 after purchasing an additional 189,562 shares during the last quarter. Finally, Morgan Stanley grew its position in Fair Isaac by 25.0% during the 4th quarter. Morgan Stanley now owns 449,919 shares of the technology company’s stock worth $269,313,000 after purchasing an additional 89,888 shares during the period. Institutional investors own 85.17% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the subject of several recent analyst reports. HSBC began coverage on Fair Isaac in a research note on Friday, September 29th. They issued a “reduce” rating and a $729.00 price target for the company. StockNews.com began coverage on shares of Fair Isaac in a report on Thursday, October 5th. They set a “hold” rating on the stock. Wells Fargo & Company initiated coverage on shares of Fair Isaac in a research note on Wednesday, November 8th. They set an “overweight” rating and a $1,120.00 target price for the company. Raymond James boosted their price objective on Fair Isaac from $975.00 to $1,029.00 and gave the stock an “outperform” rating in a research note on Thursday, November 9th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $875.00 target price on shares of Fair Isaac in a research report on Thursday, November 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $936.80.

Fair Isaac Trading Up 0.7 %

FICO traded up $7.45 during mid-day trading on Tuesday, hitting $1,058.90. 13,445 shares of the stock were exchanged, compared to its average volume of 214,217. The firm’s fifty day moving average is $909.08 and its two-hundred day moving average is $848.95. Fair Isaac Co. has a 1-year low of $570.81 and a 1-year high of $1,064.31. The company has a market cap of $26.17 billion, a PE ratio of 62.19, a PEG ratio of 2.94 and a beta of 1.18.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 2,564 shares of the company’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $852.38, for a total transaction of $2,185,502.32. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Fair Isaac news, EVP James M. Wehmann sold 2,836 shares of Fair Isaac stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $888.42, for a total transaction of $2,519,559.12. Following the completion of the sale, the executive vice president now directly owns 41,736 shares of the company’s stock, valued at approximately $37,079,097.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eva Manolis sold 2,564 shares of the firm’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $852.38, for a total value of $2,185,502.32. The disclosure for this sale can be found here. Insiders sold 19,268 shares of company stock valued at $18,182,760 in the last 90 days. Company insiders own 3.37% of the company’s stock.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.