Mitsubishi UFJ Trust & Banking Corp Has $37.02 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 13.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,596 shares of the technology company's stock after acquiring an additional 2,231 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.08% of Fair Isaac worth $37,023,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Mechanics Bank Trust Department raised its holdings in Fair Isaac by 5.7% in the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock valued at $223,000 after acquiring an additional 6 shares in the last quarter. Alpha Cubed Investments LLC grew its holdings in shares of Fair Isaac by 1.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock worth $942,000 after purchasing an additional 6 shares in the last quarter. Resonant Capital Advisors LLC increased its position in shares of Fair Isaac by 2.0% in the fourth quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock worth $609,000 after purchasing an additional 6 shares during the period. Mather Group LLC. raised its stake in Fair Isaac by 5.2% in the fourth quarter. Mather Group LLC. now owns 122 shares of the technology company's stock valued at $243,000 after purchasing an additional 6 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in Fair Isaac by 1.0% during the fourth quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock worth $1,236,000 after purchasing an additional 6 shares during the period. 85.75% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and raised their target price for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Needham & Company LLC restated a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, February 5th. UBS Group cut their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Robert W. Baird decreased their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group upped their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $2,088.15.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the business's stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the transaction, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,241 shares of company stock worth $18,186,184. Company insiders own 3.46% of the company's stock.

Fair Isaac Stock Performance

Shares of NYSE:FICO traded up $9.66 during midday trading on Monday, hitting $1,844.90. 198,379 shares of the stock were exchanged, compared to its average volume of 177,165. The business's 50-day moving average price is $1,827.49 and its 200 day moving average price is $1,991.74. The stock has a market capitalization of $45.05 billion, a price-to-earnings ratio of 84.67, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, sell-side analysts expect that Fair Isaac Co. will post 24.15 EPS for the current 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.