Netols Asset Management Lowers stake in Fair Isaac Corporation (FICO)

Fair Isaac Corporation (FICO) : Netols Asset Management reduced its stake in Fair Isaac Corporation by 3.77% during the most recent quarter end. The investment management company now holds a total of 84,530 shares of Fair Isaac Corporation which is valued at $10,720,940 after selling 3,311 shares in Fair Isaac Corporation , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Fair Isaac Corporation makes up approximately 2.35% of Netols Asset Management’s portfolio.

Other Hedge Funds, Including , Raymond James Associates boosted its stake in FICO in the latest quarter, The investment management firm added 274 additional shares and now holds a total of 6,198 shares of Fair Isaac Corporation which is valued at $786,092.Ironsides Asset Advisors reduced its stake in FICO by selling 9,840 shares or 45.47% in the most recent quarter. The Hedge Fund company now holds 11,800 shares of FICO which is valued at $1,496,594. Fair Isaac Corporation makes up approx 0.44% of Ironsides Asset Advisors’s portfolio.Blackrock Fund Advisors boosted its stake in FICO in the latest quarter, The investment management firm added 32,382 additional shares and now holds a total of 1,644,062 shares of Fair Isaac Corporation which is valued at $208,516,383. Fair Isaac Corporation makes up approx 0.04% of Blackrock Fund Advisors’s portfolio. Daiwa Securities Group added FICO to its portfolio by purchasing 1,700 company shares during the most recent quarter which is valued at $199,767.Creative Planning reduced its stake in FICO by selling 200 shares or 33.06% in the most recent quarter. The Hedge Fund company now holds 405 shares of FICO which is valued at $47,871.

Fair Isaac Corporation opened for trading at $127.16 and hit $128.58 on the upside on Tuesday, eventually ending the session at $127.29, with a gain of 0.31% or 0.39 points. The heightened volatility saw the trading volume jump to 1,73,755 shares. Company has a market cap of $3,927 M.

On the company’s financial health, Fair Isaac Corporation reported $1.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.35 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.10. The company had revenue of $238.78 million for the quarter, compared to analysts expectations of $219.67 million. The company’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 EPS.

Many Wall Street Analysts have commented on Fair Isaac Corporation. Company shares were Reiterated by Barclays on Aug 2, 2016 to “Overweight”, Firm has raised the Price Target to $ 135 from a previous price target of $115 .Dougherty & Company Initiated Fair Isaac Corporation on Jul 13, 2016 to “Buy”, Price Target of the shares are set at $135.

Fair Isaac Corporation (FICO) is analytics Software Company. The Company provides products and services that enable businesses to automate improve and connect decisions to enhance business performance. The Company operates in three segments such as Applications which include pre-configured decision management applications designed for a specific type of business problem or process; Scores which includes the Company’s business-to-business scoring solutions and services its myFICO solutions for consumers and associated professional services and Tools segment which include software tools that clients can use to create their own custom Decision Management applications as well as associated professional services.

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