Two Sigma Securities LLC bought a new position in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,951 shares of the technology company’s stock, valued at approximately $299,000.
A number of other hedge funds have also recently modified their holdings of the stock. Deutsche Bank AG raised its stake in shares of Fair Isaac by 56.3% during the 4th quarter. Deutsche Bank AG now owns 185,937 shares of the technology company’s stock valued at $28,483,000 after buying an additional 66,998 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Fair Isaac during the 4th quarter valued at about $8,377,000. Banbury Partners LLC grew its position in shares of Fair Isaac by 14.9% during the 3rd quarter. Banbury Partners LLC now owns 247,895 shares of the technology company’s stock valued at $34,829,000 after acquiring an additional 32,198 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of Fair Isaac during the 4th quarter valued at about $2,358,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Fair Isaac during the 3rd quarter valued at about $2,075,000. Institutional investors own 87.21% of the company’s stock.
Shares of Fair Isaac Co. (FICO) opened at $171.30 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 twelve month low of $124.59 and a twelve month high of $179.58. The stock has a market capitalization of $5,225.20, a PE ratio of 46.68, a P/E/G ratio of 4.01 and a beta of 1.28.
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, topping the Thomson Reuters’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $235.04 million. During the same period in the previous year, the firm posted $1.03 EPS. Fair Isaac’s revenue was up 7.1% compared to the same quarter last year. equities research analysts anticipate that Fair Isaac Co. will post 4.34 earnings per share for the current year.
A number of research firms have recently commented on FICO. Barclays raised their target price on Fair Isaac from $150.00 to $175.00 and gave the company an “equal weight” rating in a research report on Friday, January 26th. ValuEngine cut Fair Isaac from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Stephens reiterated a “hold” rating and issued a $154.00 price objective on shares of Fair Isaac in a report on Thursday, January 25th. Finally, Zacks Investment Research cut Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $173.00.
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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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