Texas Permanent School Fund Reduces Holdings in Fair Isaac Co. (FICO)

Texas Permanent School Fund trimmed its holdings in Fair Isaac Co. (NYSE:FICO) by 9.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,272 shares of the technology company’s stock after selling 2,089 shares during the period. Texas Permanent School Fund’s holdings in Fair Isaac were worth $3,106,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of FICO. ETF Managers Group LLC bought a new stake in shares of Fair Isaac during the 2nd quarter worth $219,000. Advisory Services Network LLC boosted its holdings in Fair Isaac by 17.9% in the 2nd 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 period. GSA Capital Partners LLP bought a new stake in Fair Isaac in the 2nd quarter valued at $208,000. Trexquant Investment LP acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $221,000. Finally, First Quadrant L P CA acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $242,000. 88.20% of the stock is owned by institutional investors.

FICO has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of Fair Isaac from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Barclays increased their price objective on shares of Fair Isaac from $150.00 to $175.00 and gave the stock an “equal weight” rating in a report on Friday, January 26th. Zacks Investment Research raised shares of Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 target price on the stock in a research note 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 note on Thursday, January 25th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Fair Isaac presently has an average rating of “Buy” and a consensus target price of $173.00.

In other Fair Isaac news, Director Joanna Rees acquired 3,000 shares of the stock in a transaction dated Thursday, November 9th. The shares were bought at an average cost of $152.00 per share, for a total transaction of $456,000.00. Following the completion of the acquisition, the director now directly owns 4,989 shares of the company’s stock, valued at $758,328. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 5.60% of the stock is owned by company insiders.

Shares of Fair Isaac Co. (NYSE FICO) opened at $169.38 on Friday. 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 Co. has a fifty-two week low of $122.22 and a fifty-two week high of $177.91. The stock has a market cap of $5,197.83, a P/E ratio of 42.78, a PEG ratio of 3.99 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Thursday, January 25th. The technology company reported $1.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.59. Fair Isaac had a net margin of 12.41% and a return on equity of 30.96%. The company had revenue of $235.30 million for the quarter, compared to the consensus estimate of $235.04 million. During the same period last year, the company earned $1.03 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. sell-side analysts predict that Fair Isaac Co. will post 4.34 EPS for the current fiscal year.

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Fair Isaac 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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