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Great West Life Assurance Co. Can Has $12.38 Million Holdings in Fair Isaac Co. (NYSE:FICO)

Great West Life Assurance Co. Can raised its position in Fair Isaac Co. (NYSE:FICO) by 14.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,084 shares of the technology company’s stock after buying an additional 3,771 shares during the period. Great West Life Assurance Co. Can owned 0.10% of Fair Isaac worth $12,376,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Colony Group LLC lifted its position in shares of Fair Isaac by 1.5% during the third quarter. Colony Group LLC now owns 3,905 shares of the technology company’s stock worth $1,661,000 after purchasing an additional 56 shares in the last quarter. Point72 Hong Kong Ltd lifted its position in shares of Fair Isaac by 51.1% during the third quarter. Point72 Hong Kong Ltd now owns 3,390 shares of the technology company’s stock worth $1,442,000 after purchasing an additional 1,147 shares in the last quarter. Cubist Systematic Strategies LLC lifted its position in shares of Fair Isaac by 150.7% during the third quarter. Cubist Systematic Strategies LLC now owns 24,290 shares of the technology company’s stock worth $10,332,000 after purchasing an additional 14,600 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of Fair Isaac by 45.2% during the third quarter. Point72 Asset Management L.P. now owns 47,787 shares of the technology company’s stock worth $20,328,000 after purchasing an additional 14,871 shares in the last quarter. Finally, State of Tennessee Treasury Department lifted its position in shares of Fair Isaac by 8.8% during the third quarter. State of Tennessee Treasury Department now owns 24,714 shares of the technology company’s stock worth $10,513,000 after purchasing an additional 2,000 shares in the last quarter. Hedge funds and other institutional investors own 79.58% of the company’s stock.

In other news, EVP James M. Wehmann sold 5,000 shares of the stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $432.83, for a total transaction of $2,164,150.00. Following the completion of the sale, the executive vice president now owns 72,358 shares of the company’s stock, valued at $31,318,713.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Michael S. Leonard sold 310 shares of the stock in a transaction on Tuesday, December 15th. The stock was sold at an average price of $519.84, for a total transaction of $161,150.40. Following the sale, the chief accounting officer now directly owns 7,709 shares of the company’s stock, valued at approximately $4,007,446.56. The disclosure for this sale can be found here. Insiders have sold 5,829 shares of company stock valued at $2,588,651 in the last three months. 3.81% of the stock is owned by insiders.

A number of equities analysts have recently issued reports on FICO shares. Jefferies Financial Group upped their target price on shares of Fair Isaac from $415.00 to $429.00 and gave the stock a “hold” rating in a research report on Friday, October 9th. Barclays boosted their price target on shares of Fair Isaac from $475.00 to $565.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 8th. Needham & Company LLC boosted their price target on shares of Fair Isaac from $525.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, November 11th. Zacks Investment Research raised shares of Fair Isaac from a “hold” rating to a “strong-buy” rating and set a $506.00 price target for the company in a research note on Wednesday, October 14th. Finally, BidaskClub downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Thursday. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $486.43.

Shares of NYSE:FICO opened at $503.95 on Thursday. Fair Isaac Co. has a 52 week low of $177.65 and a 52 week high of $530.95. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market capitalization of $14.66 billion, a PE ratio of 63.87 and a beta of 1.18. The company has a 50 day moving average price of $494.23 and a two-hundred day moving average price of $442.10.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, November 10th. The technology company reported $3.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.32 by $0.93. Fair Isaac had a net margin of 18.26% and a return on equity of 98.78%. The firm had revenue of $374.40 million during the quarter, compared to the consensus estimate of $316.40 million. During the same quarter in the prior year, the firm earned $2.01 earnings per share. The business’s quarterly revenue was up 22.6% on a year-over-year basis. On average, sell-side analysts forecast that Fair Isaac Co. will post 7.26 earnings per share for the current year.

Fair Isaac Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. 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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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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