Xact Kapitalforvaltning AB acquired a new position in FICO (NYSE:FICO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,651 shares of the technology company’s stock, valued at approximately $406,000.
A number of other large investors have also recently added to or reduced their stakes in FICO. Amundi Pioneer Asset Management Inc. bought a new stake in FICO in the 4th quarter worth approximately $103,000. We Are One Seven LLC bought a new stake in FICO in the 4th quarter worth approximately $130,000. Schaper Benz & Wise Investment Counsel Inc. WI bought a new stake in FICO in the 4th quarter worth approximately $212,000. Trexquant Investment LP bought a new stake in FICO in the 3rd quarter worth approximately $221,000. Finally, First Republic Investment Management Inc. bought a new stake in FICO in the 4th quarter worth approximately $233,000. 87.18% of the stock is currently owned by institutional investors and hedge funds.
A number of brokerages have recently commented on FICO. Barclays reiterated a “hold” rating and issued a $150.00 target price on shares of FICO in a report on Friday, December 15th. Zacks Investment Research cut FICO from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Stephens reiterated a “hold” rating and issued a $154.00 target price on shares of FICO in a report on Thursday, January 25th. Finally, ValuEngine cut FICO from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. FICO has a consensus rating of “Buy” and an average price target of $173.00.
Shares of FICO stock opened at $164.23 on Friday. The company has a market capitalization of $5,079.94, a PE ratio of 41.81, a P/E/G ratio of 3.90 and a beta of 1.28. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.85 and a quick ratio of 0.85. FICO has a one year low of $125.88 and a one year high of $179.58.
FICO (NYSE:FICO) last announced its earnings results on Thursday, January 25th. The technology company reported $1.30 EPS for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.59. The firm had revenue of $235.30 million during the quarter, compared to analysts’ expectations of $235.04 million. FICO had a return on equity of 30.96% and a net margin of 12.41%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. research analysts forecast that FICO will post 4.34 earnings per share for the current year.
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Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.
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