Koch Industries Inc. lifted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 18.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,989 shares of the technology company’s stock after purchasing an additional 763 shares during the quarter. Koch Industries Inc.’s holdings in Fair Isaac were worth $764,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Amundi Pioneer Asset Management Inc. purchased a new position in Fair Isaac in the 4th quarter worth about $103,000. Schaper Benz & Wise Investment Counsel Inc. WI purchased a new position in Fair Isaac in the 4th quarter worth about $212,000. Trexquant Investment LP purchased a new position in Fair Isaac in the 3rd quarter worth about $221,000. First Republic Investment Management Inc. purchased a new position in Fair Isaac in the 4th quarter worth about $233,000. Finally, First Quadrant L P CA purchased a new position in Fair Isaac in the 3rd quarter worth about $242,000. Institutional investors and hedge funds own 87.21% of the company’s stock.
A number of equities analysts recently weighed in on FICO shares. Barclays reissued a “hold” rating and issued a $150.00 price target on shares of Fair Isaac in a research note on Friday, December 15th. Zacks Investment Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Stephens reaffirmed a “hold” rating and set a $154.00 target price on shares of Fair Isaac in a research note on Thursday, January 25th. Finally, ValuEngine cut Fair Isaac from a “buy” rating to a “hold” rating in a research note on Wednesday, March 7th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $173.00.
Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported $1.30 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.59. The business had revenue of $235.30 million during the quarter, compared to analysts’ expectations of $235.04 million. Fair Isaac had a return on equity of 30.96% and a net margin of 12.41%. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 EPS. analysts predict that Fair Isaac Co. will post 4.34 EPS for the current fiscal year.
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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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