Fair Isaac Corp. (FICO) to Issue Quarterly Dividend of $0.02 on December 16th
Fair Isaac Corp. (NYSE:FICO) announced a quarterly dividend on Friday, October 28th. Investors of record on Friday, December 2nd will be given a dividend of 0.02 per share on Friday, December 16th. This represents a $0.08 annualized dividend and a yield of 0.07%. The ex-dividend date is Wednesday, November 30th.
Shares of Fair Isaac Corp. (NYSE:FICO) opened at 116.76 on Tuesday. Fair Isaac Corp. has a 12-month low of $80.20 and a 12-month high of $132.95. The firm has a market cap of $3.61 billion, a P/E ratio of 34.44 and a beta of 1.17. The company has a 50-day moving average of $117.90 and a 200 day moving average of $119.45.
Fair Isaac Corp. (NYSE:FICO) last released its earnings results on Monday, November 7th. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.93 by $0.07. The firm had revenue of $235.80 million for the quarter, compared to analysts’ expectations of $163.56 million. Fair Isaac Corp. had a net margin of 12.42% and a return on equity of 27.14%. Fair Isaac Corp.’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the company earned $1.57 EPS. Equities research analysts anticipate that Fair Isaac Corp. will post $3.38 earnings per share for the current fiscal year.
Several equities analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Fair Isaac Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, November 9th. Barclays PLC cut 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 note on Wednesday, September 21st. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $116.50.
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In other Fair Isaac Corp. news, insider William J. Lansing sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $111.79, for a total value of $3,353,700.00. Following the completion of the transaction, the insider now directly owns 185,495 shares in the company, valued at $20,736,486.05. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark R. Scadina sold 18,750 shares of the firm’s stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $128.60, for a total transaction of $2,411,250.00. Following the completion of the transaction, the executive vice president now owns 64,785 shares of the company’s stock, valued at $8,331,351. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by company insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in FICO. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Fair Isaac Corp. by 12.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,072 shares of the company’s stock valued at $134,000 after buying an additional 119 shares during the last quarter. Two Sigma Advisers LP purchased a new position in shares of Fair Isaac Corp. during the third quarter valued at approximately $217,000. Clinton Group Inc. purchased a new position in shares of Fair Isaac Corp. during the second quarter valued at approximately $250,000. Pacer Advisors Inc. purchased a new position in shares of Fair Isaac Corp. during the second quarter valued at approximately $261,000. Finally, Miles Capital Inc. boosted its position in shares of Fair Isaac Corp. by 1.5% in the second quarter. Miles Capital Inc. now owns 2,525 shares of the company’s stock valued at $285,000 after buying an additional 37 shares during the last quarter. Institutional investors own 89.54% of the company’s stock.
About Fair Isaac Corp.
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