Aperio Group LLC Increases Stake in Fair Isaac Corporation (FICO)

Aperio Group LLC grew its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 18.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,490 shares of the technology company’s stock after buying an additional 1,810 shares during the period. Aperio Group LLC’s holdings in Fair Isaac Corporation were worth $1,614,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Koch Industries Inc. boosted its stake in Fair Isaac Corporation by 23,947.1% in the 2nd quarter. Koch Industries Inc. now owns 873,631 shares of the technology company’s stock worth $867,000 after purchasing an additional 869,998 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Fair Isaac Corporation by 151.4% in the 2nd quarter. Principal Financial Group Inc. now owns 324,590 shares of the technology company’s stock worth $45,251,000 after purchasing an additional 195,488 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in Fair Isaac Corporation in the 2nd quarter worth about $24,820,000. Victory Capital Management Inc. boosted its stake in Fair Isaac Corporation by 134.5% in the 2nd quarter. Victory Capital Management Inc. now owns 310,040 shares of the technology company’s stock worth $43,223,000 after purchasing an additional 177,840 shares in the last quarter. Finally, Atlanta Capital Management Co. L L C boosted its stake in Fair Isaac Corporation by 4.8% in the 2nd quarter. Atlanta Capital Management Co. L L C now owns 2,589,485 shares of the technology company’s stock worth $361,000,000 after purchasing an additional 117,514 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

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Shares of Fair Isaac Corporation (FICO) opened at $151.90 on Thursday. The stock has a market cap of $4,570.81, a P/E ratio of 38.39, a P/E/G ratio of 4.14 and a beta of 1.26. Fair Isaac Corporation has a fifty-two week low of $110.74 and a fifty-two week high of $155.24. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.09.

Fair Isaac Corporation (NYSE:FICO) last released its earnings results on Wednesday, November 1st. The technology company reported $1.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.17 by $0.48. The company had revenue of $253.21 million during the quarter, compared to analyst estimates of $249.11 million. Fair Isaac Corporation had a net margin of 13.76% and a return on equity of 30.03%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.28 EPS. analysts predict that Fair Isaac Corporation will post 3.68 earnings per share for the current fiscal year.

Fair Isaac Corporation announced that its Board of Directors has initiated a share repurchase program on Wednesday, November 1st that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

A number of equities analysts have weighed in on the company. BidaskClub lowered Fair Isaac Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Zacks Investment Research lowered Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 3rd. Wells Fargo & Company boosted their target price on Fair Isaac Corporation from $150.00 to $160.00 and gave the stock a “positive” rating in a research report on Tuesday, August 1st. Finally, Barclays PLC upped their price target on shares of Fair Isaac Corporation from $135.00 to $140.00 and gave the company an “equal weight” rating in a research report on Thursday, November 2nd.

In other Fair Isaac Corporation news, Director Joanna Rees purchased 3,000 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of $152.00 per share, for a total transaction of $456,000.00. Following the purchase, the director now directly owns 4,989 shares of the company’s stock, valued at approximately $758,328. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director A George Battle sold 5,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the director now owns 21,259 shares of the company’s stock, valued at $3,198,629.14. The disclosure for this sale can be found here. Corporate insiders own 5.60% of the company’s stock.

About Fair Isaac Corporation

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 Corporation (NYSE:FICO)

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