Fair Isaac Corp. (FICO) Stake Maintained by Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado held its position in Fair Isaac Corp. (NYSE:FICO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 259,588 shares of the company’s stock at the end of the second quarter. Public Employees Retirement Association of Colorado owned approximately 0.83% of Fair Isaac Corp. worth $29,336,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FICO. Meeder Asset Management Inc. bought a new stake in shares of Fair Isaac Corp. during the first quarter valued at approximately $110,000. Daiwa Securities Group Inc. bought a new stake in shares of Fair Isaac Corp. during the second quarter valued at approximately $192,000. LS Investment Advisors LLC raised 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 valued at $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 valued at approximately $220,000. Finally, CIBC World Markets Inc. bought a new stake in shares of Fair Isaac Corp. during the first quarter valued at approximately $231,000. 90.92% of the stock is currently owned by institutional investors.
Fair Isaac Corp. (NYSE:FICO) traded up 0.16% during trading on Monday, hitting $122.26. 119,804 shares of the stock traded hands. The firm has a 50-day moving average price of $127.83 and a 200 day moving average price of $116.21. The company has a market cap of $3.77 billion, a P/E ratio of 35.82 and a beta of 1.34. Fair Isaac Corp. has a 52-week low of $78.11 and a 52-week high of $132.95.
Fair Isaac Corp. (NYSE:FICO) last released its earnings results on Thursday, July 28th. The company reported $1.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.72. The firm had revenue of $238.78 million for the quarter, compared to the consensus estimate 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 revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.00 EPS. On average, equities analysts expect that Fair Isaac Corp. will post $3.13 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 28th. Stockholders of record on Wednesday, September 14th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.07%. The ex-dividend date of this dividend was Monday, September 12th. Fair Isaac Corp.’s dividend payout ratio is presently 2.34%.
Several analysts have commented on FICO shares. Dougherty & Co started coverage on shares of 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. Barclays PLC lowered shares of 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. Finally, Zacks Investment Research raised shares of Fair Isaac Corp. from a “sell” rating to a “hold” rating in a research report on Monday, August 1st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $119.00.
In related news, insider James M. Wehmann sold 35,000 shares of the stock in a transaction dated Friday, August 5th. The shares were sold at an average price of $128.73, for a total transaction of $4,505,550.00. Following the sale, the insider now directly owns 67,181 shares of the company’s stock, valued at approximately $8,648,210.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William J. Lansing sold 7,000 shares of the stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $124.12, for a total transaction of $868,840.00. Following the sale, the insider now directly owns 165,395 shares in the company, valued at $20,528,827.40. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by insiders.
Fair Isaac Corp. Company Profile
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