Aptus Capital Advisors LLC Raises Position in Fair Isaac Co. (NYSE:FICO)

Aptus Capital Advisors LLC boosted its position in Fair Isaac Co. (NYSE:FICOGet Rating) by 83.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,774 shares of the technology company’s stock after acquiring an additional 3,539 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Fair Isaac were worth $3,627,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC increased its stake in Fair Isaac by 1.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 658,621 shares of the technology company’s stock valued at $285,625,000 after acquiring an additional 6,559 shares during the last quarter. AKO Capital LLP increased its stake in Fair Isaac by 52.7% in the first quarter. AKO Capital LLP now owns 388,211 shares of the technology company’s stock valued at $181,085,000 after acquiring an additional 133,949 shares during the last quarter. Kensico Capital Management Corp increased its stake in Fair Isaac by 110.7% in the fourth quarter. Kensico Capital Management Corp now owns 308,900 shares of the technology company’s stock valued at $133,961,000 after acquiring an additional 162,300 shares during the last quarter. Frontier Capital Management Co. LLC increased its stake in Fair Isaac by 27.7% in the first quarter. Frontier Capital Management Co. LLC now owns 295,113 shares of the technology company’s stock valued at $137,658,000 after acquiring an additional 64,024 shares during the last quarter. Finally, Credit Suisse AG increased its stake in Fair Isaac by 11.6% in the fourth quarter. Credit Suisse AG now owns 294,437 shares of the technology company’s stock valued at $127,689,000 after acquiring an additional 30,544 shares during the last quarter. Institutional investors own 86.67% of the company’s stock.

Fair Isaac Trading Up 2.4 %

Shares of NYSE:FICO opened at $437.67 on Thursday. The stock’s 50-day moving average price is $409.97 and its 200-day moving average price is $432.77. Fair Isaac Co. has a 12-month low of $340.48 and a 12-month high of $536.99. The stock has a market capitalization of $11.35 billion, a P/E ratio of 28.76 and a beta of 1.20.

Fair Isaac (NYSE:FICOGet Rating) last posted its earnings results on Wednesday, April 27th. The technology company reported $3.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.72. The company had revenue of $357.20 million for the quarter, compared to analysts’ expectations of $337.63 million. Fair Isaac had a negative return on equity of 113.66% and a net margin of 31.52%. Fair Isaac’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm earned $2.30 earnings per share. As a group, research analysts predict that Fair Isaac Co. will post 11.98 EPS for the current year.

Insider Buying and Selling

In related news, Director Joanna Rees sold 253 shares of the firm’s stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $383.72, for a total value of $97,081.16. Following the sale, the director now directly owns 3,922 shares of the company’s stock, valued at $1,504,949.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.27% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. StockNews.com assumed coverage on Fair Isaac in a research note on Thursday, March 31st. They set a “buy” rating on the stock. Barclays reduced their price objective on Fair Isaac from $575.00 to $450.00 and set an “overweight” rating on the stock in a research note on Friday, June 17th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $527.20.

Fair Isaac Profile

(Get Rating)

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Software segment offers pre-configured decision management solution designed for various business problems or processes, such as marketing, account origination, customer management, customer engagement, fraud detection, financial crimes compliance, collection, and marketing, as well as associated professional services.

Further Reading

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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