Shell Asset Management Co. held its position in Fair Isaac Corp. (NYSE:FICO) during the second quarter, Holdings Channel reports. The fund owned 4,520 shares of the company’s stock at the end of the second quarter. Shell Asset Management Co.’s holdings in Fair Isaac Corp. were worth $511,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. bought a new stake in shares of Fair Isaac Corp. during the first quarter worth approximately $110,000. Daiwa Securities Group Inc. bought a new stake in shares of Fair Isaac Corp. during the second quarter worth approximately $192,000. LS Investment Advisors LLC boosted its stake in shares of Fair Isaac Corp. by 73.1% in the second quarter. LS Investment Advisors LLC now owns 1,894 shares of the company’s stock worth $214,000 after buying an additional 800 shares in the last quarter. Murphy Capital Management Inc. bought a new stake in shares of Fair Isaac Corp. during the second quarter worth approximately $220,000. Finally, CIBC World Markets Inc. bought a new stake in shares of Fair Isaac Corp. during the first quarter worth approximately $231,000. Hedge funds and other institutional investors own 90.91% of the company’s stock.
Shares of Fair Isaac Corp. (NYSE:FICO) traded down 1.08% during midday trading on Friday, reaching $122.07. 140,695 shares of the company’s stock were exchanged. The firm has a market cap of $3.77 billion, a PE ratio of 35.77 and a beta of 1.33. The stock’s 50-day moving average is $127.83 and its 200 day moving average is $116.21. Fair Isaac Corp. has a one year low of $78.11 and a one year high of $132.95.
Fair Isaac Corp. (NYSE:FICO) last issued its earnings results on Thursday, July 28th. The company reported $1.45 EPS for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.72. The business had revenue of $238.78 million for the quarter, compared to analyst estimates of $220.16 million. Fair Isaac Corp. had a net margin of 12.60% and a return on equity of 30.09%. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period last year, the company posted $1.00 earnings per share. Analysts anticipate that Fair Isaac Corp. will post $3.13 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 28th. Investors of record on Wednesday, September 14th were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.07%. The ex-dividend date of this dividend was Monday, September 12th. Fair Isaac Corp.’s payout ratio is 2.34%.
Several research firms recently issued reports on FICO. Barclays PLC cut Fair Isaac Corp. from an “overweight” rating to an “equal weight” rating and set a $135.00 price objective on the stock. in a research report on Wednesday, September 21st. They noted that the move was a valuation call. Zacks Investment Research raised Fair Isaac Corp. from a “sell” rating to a “hold” rating in a research report on Monday, August 1st. Finally, Dougherty & Co began coverage on Fair Isaac Corp. in a research report on Wednesday, July 13th. They issued a “buy” rating and a $135.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Fair Isaac Corp. has a consensus rating of “Buy” and a consensus target price of $119.00.
In other Fair Isaac Corp. news, Director A George Battle sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of $120.00, for a total value of $600,000.00. Following the completion of the sale, the director now directly owns 18,434 shares in the company, valued at $2,212,080. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Michael S. Leonard sold 1,921 shares of the firm’s stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of $128.80, for a total transaction of $247,424.80. The disclosure for this sale can be found here. Corporate insiders own 5.20% of the company’s stock.
Fair Isaac Corp. Company Profile
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