Hartford Investment Management Co. Has $3 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Hartford Investment Management Co. decreased its position in shares of Fair Isaac Co. (NYSE:FICO) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,509 shares of the technology company’s stock after selling 34 shares during the quarter. Hartford Investment Management Co.’s holdings in Fair Isaac were worth $3,004,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of FICO. First National Bank of Omaha purchased a new stake in Fair Isaac during the 3rd quarter worth about $1,576,000. National Bank of Canada FI lifted its holdings in Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after buying an additional 6,768 shares during the period. Donoghue Forlines LLC purchased a new stake in Fair Isaac in the 4th quarter worth approximately $1,935,000. Swedbank AB lifted its stake in shares of Fair Isaac by 11.5% in the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock valued at $19,089,000 after purchasing an additional 1,013 shares during the period. Finally, BNP Paribas purchased a new position in shares of Fair Isaac in the 3rd quarter valued at approximately $445,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Down 1.9 %

Shares of NYSE FICO opened at $1,763.16 on Thursday. The firm has a market cap of $43.06 billion, a price-to-earnings ratio of 80.92, a PEG ratio of 3.61 and a beta of 1.39. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The business’s 50 day moving average is $1,985.84 and its two-hundred day moving average is $1,966.39.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Analysts anticipate that Fair Isaac Co. will post 23.91 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the transaction, the executive vice president now owns 45,395 shares of the company’s stock, valued at $107,760,920.75. This represents a 7.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,660 shares of company stock valued at $24,410,261 over the last quarter. 3.46% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FICO. UBS Group lowered their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. The Goldman Sachs Group lifted their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, February 5th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $2,078.15.

Fair Isaac 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.