The Fair Isaac Corp. (FICO) Declares $0.02 Quarterly Dividend

The Fair Isaac Corp. (FICO) Declares $0.02 Quarterly Dividend

Fair Isaac Corp. (NYSE:FICO) announced a quarterly dividend on Friday, October 28th. Stockholders of record on Friday, December 2nd will be paid a dividend of 0.02 per share on Friday, December 16th. This represents a $0.08 annualized dividend and a dividend yield of 0.07%. The ex-dividend date of this dividend is Wednesday, November 30th.

Shares of Fair Isaac Corp. (NYSE:FICO) opened at 119.17 on Monday. The stock’s 50 day moving average is $124.80 and its 200 day moving average is $117.96. The firm has a market cap of $3.68 billion, a PE ratio of 34.92 and a beta of 1.33. Fair Isaac Corp. has a 12 month low of $78.11 and a 12 month high of $132.95.

In other Fair Isaac Corp. news, insider William J. Lansing sold 7,000 shares of Fair Isaac Corp. stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of $131.77, for a total value of $922,390.00. Following the completion of the sale, the insider now owns 169,495 shares in the company, valued at approximately $22,334,356.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO William J. Lansing sold 30,000 shares of Fair Isaac Corp. stock in a transaction dated Tuesday, October 11th. The shares were sold at an average price of $119.85, for a total value of $3,595,500.00. Following the completion of the sale, the chief executive officer now owns 192,495 shares of the company’s stock, valued at approximately $23,070,525.75. The disclosure for this sale can be found here. 5.20% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of the stock. Clinton Group Inc. purchased a new stake in shares of Fair Isaac Corp. during the second quarter worth about $250,000. Pacer Advisors Inc. purchased a new stake in shares of Fair Isaac Corp. during the second quarter worth about $261,000. Miles Capital Inc. boosted its stake in shares of Fair Isaac Corp. by 1.5% in the second quarter. Miles Capital Inc. now owns 2,525 shares of the company’s stock worth $285,000 after buying an additional 37 shares during the last quarter. Nomura Holdings Inc. purchased a new stake in shares of Fair Isaac Corp. during the second quarter worth about $473,000. Finally, Paloma Partners Management Co purchased a new stake in shares of Fair Isaac Corp. during the second quarter worth about $479,000. Institutional investors own 90.83% of the company’s stock.

Several research analysts have recently issued reports on the company. Barclays PLC downgraded Fair Isaac Corp. from an “overweight” rating to an “equal weight” rating and set a $135.00 price target for the company. in a research note on Wednesday, September 21st. They noted that the move was a valuation call. Zacks Investment Research raised shares of Fair Isaac Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 1st. Finally, Dougherty & Co assumed coverage on shares of Fair Isaac Corp. in a research note on Wednesday, July 13th. They issued a “buy” rating and a $135.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Fair Isaac Corp. has a consensus rating of “Buy” and an average price target of $119.00.

About Fair Isaac Corp.

Related posts

Leave a Comment