Handelsinvest Investeringsforvaltning lifted its holdings in Fair Isaac Co. (NYSE:FICO) by 6.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 70,000 shares of the technology company’s stock after acquiring an additional 4,300 shares during the quarter. Fair Isaac comprises about 2.4% of Handelsinvest Investeringsforvaltning’s investment portfolio, making the stock its 13th largest position. Handelsinvest Investeringsforvaltning’s holdings in Fair Isaac were worth $10,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Advisory Services Network LLC boosted its position in Fair Isaac by 17.9% during the second quarter. Advisory Services Network LLC now owns 1,297 shares of the technology company’s stock valued at $181,000 after purchasing an additional 197 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Fair Isaac during the second quarter valued at $208,000. Schaper Benz & Wise Investment Counsel Inc. WI acquired a new stake in Fair Isaac during the fourth quarter valued at $212,000. ETF Managers Group LLC acquired a new stake in Fair Isaac during the second quarter valued at $219,000. Finally, Trexquant Investment LP acquired a new stake in Fair Isaac during the third quarter valued at $221,000. 88.20% of the stock is owned by institutional investors and hedge funds.

Shares of Fair Isaac Co. (FICO) traded down $1.98 during trading hours on Tuesday, hitting $174.15. The company’s stock had a trading volume of 17,000 shares, compared to its average volume of 157,341. Fair Isaac Co. has a 12 month low of $119.54 and a 12 month high of $177.91. The firm has a market capitalization of $5,115.13, a PE ratio of 42.10, a P/E/G ratio of 4.62 and a beta of 1.26. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.20.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.59. Fair Isaac had a return on equity of 30.96% and a net margin of 12.41%. The company had revenue of $235.30 million during the quarter, compared to analysts’ expectations of $235.04 million. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. equities analysts forecast that Fair Isaac Co. will post 3.68 earnings per share for the current fiscal year.

FICO has been the subject of a number of research reports. BidaskClub raised Fair Isaac from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Barclays lifted their price objective on Fair Isaac from $150.00 to $175.00 and gave the company an “equal weight” rating in a research report on Friday. Zacks Investment Research raised Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 price objective for the company in a research report on Monday, October 16th. Finally, Stephens reissued a “hold” rating and set a $154.00 price objective on shares of Fair Isaac in a research report on Thursday, January 25th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Fair Isaac currently has a consensus rating of “Hold” and an average target price of $163.25.

In related news, Director Joanna Rees purchased 3,000 shares of Fair Isaac stock in a transaction on Thursday, November 9th. The stock was bought at an average price of $152.00 per share, with a total value of $456,000.00. Following the completion of the transaction, the director now directly owns 4,989 shares of the company’s stock, valued at $758,328. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director A George Battle sold 5,000 shares of the business’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $150.46, for a total value of $752,300.00. Following the completion of the sale, the director now directly owns 21,259 shares of the company’s stock, valued at approximately $3,198,629.14. The disclosure for this sale can be found here. 5.60% of the stock is owned by insiders.

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Fair Isaac Company Profile

Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific 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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