Mason Street Advisors LLC Lowers Holdings in Fair Isaac Co. (NYSE:FICO)

Posted by Don Miller on Nov 13th, 2019

Mason Street Advisors LLC trimmed its holdings in Fair Isaac Co. (NYSE:FICO) by 1.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,154 shares of the technology company’s stock after selling 298 shares during the period. Mason Street Advisors LLC’s holdings in Fair Isaac were worth $4,600,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Pathstone Family Office LLC purchased a new position in shares of Fair Isaac during the 2nd quarter worth approximately $30,000. Harvest Fund Management Co. Ltd purchased a new position in shares of Fair Isaac in the second quarter valued at $41,000. Quest Capital Management Inc. ADV purchased a new position in shares of Fair Isaac in the third quarter valued at $54,000. Advisors Preferred LLC purchased a new position in shares of Fair Isaac in the second quarter valued at $71,000. Finally, Machina Capital S.A.S. purchased a new position in shares of Fair Isaac in the second quarter valued at $81,000. 82.33% of the stock is currently owned by institutional investors.

In other news, CEO William J. Lansing sold 16,000 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $360.92, for a total value of $5,774,720.00. Following the completion of the transaction, the chief executive officer now directly owns 282,557 shares in the company, valued at approximately $101,980,472.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Michael S. Leonard sold 1,038 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $347.67, for a total value of $360,881.46. Following the completion of the transaction, the chief accounting officer now owns 7,579 shares of the company’s stock, valued at $2,634,990.93. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 109,642 shares of company stock valued at $37,758,966. 6.10% of the stock is owned by company insiders.

Fair Isaac stock traded up $1.72 during midday trading on Wednesday, hitting $336.15. 92,063 shares of the company’s stock were exchanged, compared to its average volume of 235,343. Fair Isaac Co. has a 52-week low of $170.26 and a 52-week high of $373.24. The stock has a 50-day moving average price of $308.34 and a two-hundred day moving average price of $318.31. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.95 and a current ratio of 0.93. The company has a market cap of $9.58 billion, a P/E ratio of 53.02 and a beta of 1.15.

Fair Isaac (NYSE:FICO) last posted its earnings results on Monday, November 4th. The technology company reported $2.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.68 by $0.33. Fair Isaac had a return on equity of 66.75% and a net margin of 16.56%. The business had revenue of $305.30 million during the quarter, compared to analysts’ expectations of $287.06 million. During the same period in the previous year, the business earned $1.34 earnings per share. The firm’s revenue was up 19.0% on a year-over-year basis. As a group, sell-side analysts expect that Fair Isaac Co. will post 6.77 earnings per share for the current year.

Several equities analysts have recently weighed in on FICO shares. Wells Fargo & Co lifted their price target on Fair Isaac from $310.00 to $415.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. Robert W. Baird started coverage on Fair Isaac in a research report on Monday, October 14th. They issued an “outperform” rating and a $352.00 price target for the company. Stephens boosted their target price on Fair Isaac from $336.00 to $352.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 5th. ValuEngine cut Fair Isaac from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, William Blair restated an “outperform” rating on shares of Fair Isaac in a research report on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Fair Isaac has a consensus rating of “Buy” and an average target price of $357.40.

Fair Isaac Profile

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.