PGGM Investments Has $21.68 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

PGGM Investments lessened its stake in shares of Fair Isaac Co. (NYSE:FICO) by 0.5% during the 4th quarter, HoldingsChannel reports. The firm owned 18,623 shares of the technology company’s stock after selling 100 shares during the quarter. PGGM Investments’ holdings in Fair Isaac were worth $21,677,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FICO. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Fair Isaac in the fourth quarter worth $35,000. Headlands Technologies LLC acquired a new stake in shares of Fair Isaac in the third quarter worth $42,000. Assetmark Inc. acquired a new stake in shares of Fair Isaac in the third quarter worth $44,000. KB Financial Partners LLC grew its stake in shares of Fair Isaac by 26.2% in the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after acquiring an additional 11 shares during the last quarter. Finally, Operose Advisors LLC acquired a new stake in shares of Fair Isaac in the third quarter worth $50,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

FICO has been the topic of several research analyst reports. Barclays raised their price objective on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Jefferies Financial Group raised their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,500.00 target price on shares of Fair Isaac in a research report on Monday, April 22nd. Redburn Atlantic started coverage on Fair Isaac in a research report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price for the company. Finally, Raymond James lifted their price objective on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,182.09.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $1,259.91, for a total transaction of $10,079,280.00. Following the transaction, the chief executive officer now owns 28,638 shares in the company, valued at approximately $36,081,302.58. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold a total of 24,000 shares of company stock worth $29,011,120 in the last 90 days. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Stock Performance

Shares of NYSE:FICO traded down $82.81 on Friday, hitting $1,110.85. The stock had a trading volume of 440,692 shares, compared to its average volume of 148,743. Fair Isaac Co. has a twelve month low of $714.63 and a twelve month high of $1,349.75. The firm’s 50 day moving average price is $1,237.78 and its 200-day moving average price is $1,149.19. The company has a market capitalization of $27.60 billion, a price-to-earnings ratio of 58.31, a price-to-earnings-growth ratio of 2.65 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.76 by $0.11. The business had revenue of $382.06 million for the quarter, compared to the consensus estimate of $386.55 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.94%. As a group, sell-side analysts predict that Fair Isaac Co. will post 19.93 EPS for the current year.

Fair Isaac Company Profile

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