Goldman Sachs Group Inc. grew its stake in shares of Fair Isaac Co. (NYSE:FICO) by 1.7% in the 4th quarter, HoldingsChannel reports. The fund owned 299,226 shares of the technology company’s stock after acquiring an additional 5,048 shares during the period. Goldman Sachs Group Inc.’s holdings in Fair Isaac were worth $45,841,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Amundi Pioneer Asset Management Inc. purchased a new position in Fair Isaac during the fourth quarter valued at approximately $103,000. Schaper Benz & Wise Investment Counsel Inc. WI purchased a new position in Fair Isaac during the fourth quarter valued at approximately $212,000. Trexquant Investment LP purchased a new position in Fair Isaac during the third quarter valued at approximately $221,000. First Republic Investment Management Inc. purchased a new position in Fair Isaac during the fourth quarter valued at approximately $233,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Fair Isaac by 39.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,720 shares of the technology company’s stock valued at $264,000 after buying an additional 487 shares during the period. 87.15% of the stock is owned by hedge funds and other institutional investors.
Fair Isaac Co. (NYSE FICO) opened at $167.60 on Tuesday. 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 1-year low of $124.59 and a 1-year high of $179.58. The stock has a market cap of $5,131.97, a price-to-earnings ratio of 45.67, a price-to-earnings-growth ratio of 3.94 and a beta of 1.28.
Fair Isaac (NYSE:FICO) last released its quarterly earnings results 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 net margin of 12.41% and a return on equity of 30.96%. The business had revenue of $235.30 million for the quarter, compared to analyst estimates of $235.04 million. During the same period in the previous year, the company earned $1.03 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. sell-side analysts anticipate that Fair Isaac Co. will post 4.34 EPS for the current fiscal year.
Several equities analysts recently issued reports on FICO shares. Barclays reissued a “hold” rating and set a $150.00 price objective on shares of Fair Isaac in a report on Friday, December 15th. Zacks Investment Research lowered shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Stephens reissued a “hold” rating and set a $154.00 price objective on shares of Fair Isaac in a report on Thursday, January 25th. Finally, ValuEngine lowered shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $173.00.
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Fair Isaac Company 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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