Toronto Dominion Bank Boosts Stock Position in Fair Isaac Co. (NYSE:FICO)

Toronto Dominion Bank grew its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 43.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,078 shares of the technology company's stock after purchasing an additional 3,965 shares during the period. Toronto Dominion Bank owned about 0.05% of Fair Isaac worth $26,038,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FICO. Vanguard Group Inc. raised its stake in Fair Isaac by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company's stock valued at $5,781,051,000 after buying an additional 22,178 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Fair Isaac by 0.8% in the 4th quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock worth $1,351,073,000 after purchasing an additional 5,371 shares in the last quarter. Geode Capital Management LLC boosted its stake in Fair Isaac by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock worth $1,318,630,000 after purchasing an additional 17,656 shares in the last quarter. Jennison Associates LLC grew its position in Fair Isaac by 5.4% during the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock worth $506,257,000 after purchasing an additional 13,133 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Fair Isaac by 20.1% during the 4th quarter. Northern Trust Corp now owns 254,201 shares of the technology company's stock valued at $506,096,000 after purchasing an additional 42,588 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on FICO shares. Barclays cut their price target on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a report on Friday, April 4th. Needham & Company LLC increased their price objective on shares of Fair Isaac from $2,500.00 to $2,575.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. Baird R W upgraded shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. Bank of America initiated coverage on shares of Fair Isaac in a report on Thursday, April 10th. They issued a "buy" rating and a $2,800.00 price target on the stock. Finally, Jefferies Financial Group reiterated a "buy" rating and set a $2,500.00 price objective (up previously from $2,225.00) on shares of Fair Isaac in a research note on Wednesday, May 14th. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $2,304.15.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 592 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $2,170.34, for a total transaction of $1,284,841.28. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $91,453,786.92. The trade was a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Marc F. Mcmorris sold 797 shares of the firm's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $2,087.50, for a total value of $1,663,737.50. Following the completion of the transaction, the director now owns 242 shares in the company, valued at $505,175. The trade was a 76.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,933 shares of company stock worth $35,250,629 in the last 90 days. Insiders own 3.46% of the company's stock.

Fair Isaac Trading Up 2.7%

FICO traded up $44.85 during trading on Friday, hitting $1,729.85. The company's stock had a trading volume of 442,359 shares, compared to its average volume of 188,807. The firm has a market capitalization of $42.11 billion, a price-to-earnings ratio of 79.39, a P/E/G ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a twelve month low of $1,266.72 and a twelve month high of $2,402.52. The business's fifty day simple moving average is $1,903.28 and its 200 day simple moving average is $1,964.30.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, topping the consensus estimate of $7.33 by $0.48. The company had revenue of $498.74 million during the quarter, compared to analyst estimates of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The firm's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.14 EPS. As a group, equities research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Fair Isaac Company 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.