Norinchukin Bank The Has $3.36 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Norinchukin Bank The boosted its position in shares of Fair Isaac Co. (NYSE:FICO) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,685 shares of the technology company’s stock after purchasing an additional 71 shares during the period. Norinchukin Bank The’s holdings in Fair Isaac were worth $3,355,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rakuten Securities Inc. raised its holdings in shares of Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after purchasing an additional 8 shares in the last quarter. Pinnacle Holdings LLC bought a new position in Fair Isaac during the fourth quarter valued at about $26,000. Berbice Capital Management LLC bought a new position in Fair Isaac during the fourth quarter valued at about $40,000. Avalon Trust Co acquired a new stake in shares of Fair Isaac in the fourth quarter worth about $40,000. Finally, OFI Invest Asset Management bought a new stake in shares of Fair Isaac during the 4th quarter worth about $42,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

FICO has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Barclays reduced their price objective on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating for the company in a research note on Friday, April 4th. UBS Group lowered their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Bank of America assumed coverage on shares of Fair Isaac in a research report on Thursday, April 10th. They set a “buy” rating and a $2,800.00 target price for the company. Finally, Royal Bank of Canada raised Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their price target for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $2,210.23.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the company’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 13,058 shares of company stock valued at $23,119,030 in the last 90 days. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Trading Up 0.4 %

Shares of FICO stock opened at $1,907.06 on Friday. The company has a market capitalization of $46.57 billion, a P/E ratio of 87.52, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The stock has a 50 day moving average of $1,821.31 and a two-hundred day moving average of $1,981.25.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. Sell-side analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

About Fair Isaac

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.