Fair Isaac Corporation $FICO Holdings Boosted by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. raised its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 1,709.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,710 shares of the technology company’s stock after acquiring an additional 20,510 shares during the period. Fair Isaac makes up 1.2% of Prescott Group Capital Management L.L.C.’s investment portfolio, making the stock its 16th biggest holding. Prescott Group Capital Management L.L.C. owned 0.10% of Fair Isaac worth $12,863,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board acquired a new stake in shares of Fair Isaac during the second quarter worth $1,737,000. Bank of America Corp DE increased its stake in Fair Isaac by 5.7% in the 1st quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock valued at $142,461,000 after buying an additional 7,154 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Fair Isaac in the 2nd quarter valued at $67,760,000. Nykredit A S acquired a new position in Fair Isaac in the 2nd quarter valued at $10,586,000. Finally, Quantinno Capital Management LP raised its position in Fair Isaac by 44.9% during the 1st quarter. Quantinno Capital Management LP now owns 15,582 shares of the technology company’s stock worth $16,635,000 after buying an additional 4,830 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Down 0.1%

Shares of FICO opened at $723.69 on Wednesday. The company has a 50-day simple moving average of $853.94 and a 200-day simple moving average of $1,119.76. The company has a market capitalization of $15.63 billion, a PE ratio of 20.90, a P/E/G ratio of 0.88 and a beta of 1.36. Fair Isaac Corporation has a 52-week low of $586.05 and a 52-week high of $1,858.91.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Susquehanna set a $700.00 target price on shares of Fair Isaac in a research note on Wednesday, September 30th. UBS Group lowered their target price on shares of Fair Isaac from $1,100.00 to $942.00 and set a “neutral” rating on the stock in a report on Monday, October 26th. Huber Research lowered shares of Fair Isaac to a “strong sell” rating in a research note on Tuesday, September 29th. Royal Bank Of Canada cut their price target on shares of Fair Isaac from $1,525.00 to $1,045.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Finally, Raymond James Financial reduced their price objective on shares of Fair Isaac from $1,750.00 to $1,230.00 and set an “outperform” rating for the company in a research report on Tuesday, October 13th. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Fair Isaac has an average rating of “Hold” and a consensus target price of $967.12.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.