Today, Fair Isaac Corp. (FICO) to Issue Quarterly Dividend of $0.02 on December 16th

Today, Fair Isaac Corp. (FICO) to Issue Quarterly Dividend of $0.02 on  December 16th

Fair Isaac Corp. (NYSE:FICO) announced a quarterly dividend on Friday, October 28th. Investors of record on Friday, December 2nd will be given 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 is Wednesday, November 30th.

Shares of Fair Isaac Corp. (NYSE:FICO) opened at 116.76 on Tuesday. The firm has a market capitalization of $3.61 billion, a PE ratio of 34.44 and a beta of 1.17. The company’s 50 day moving average is $117.90 and its 200 day moving average is $119.45. Fair Isaac Corp. has a 12-month low of $80.20 and a 12-month high of $132.95.

Fair Isaac Corp. (NYSE:FICO) last issued its quarterly earnings results on Monday, November 7th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.07. The business had revenue of $235.80 million for the quarter, compared to the consensus estimate of $163.56 million. Fair Isaac Corp. had a net margin of 12.42% and a return on equity of 27.14%. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.57 EPS. On average, analysts forecast that Fair Isaac Corp. will post $3.38 earnings per share for the current year.

In other news, insider William J. Lansing sold 7,000 shares of the company’s 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 directly owns 169,495 shares of the company’s stock, valued at approximately $22,334,356.15. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 30,000 shares of the company’s 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 directly owns 192,495 shares of the company’s stock, valued at $23,070,525.75. The disclosure for this sale can be found here. Company insiders own 5.20% of the company’s stock.

Several hedge funds have recently made changes to their positions in the stock. BlackRock Investment Management LLC boosted its stake in shares of Fair Isaac Corp. by 5.5% in the second quarter. BlackRock Investment Management LLC now owns 192,680 shares of the company’s stock worth $21,775,000 after buying an additional 9,987 shares during the period. BlackRock Inc. boosted its stake in shares of Fair Isaac Corp. by 7.3% in the second quarter. BlackRock Inc. now owns 13,003 shares of the company’s stock worth $1,470,000 after buying an additional 889 shares during the period. BlackRock Fund Advisors boosted its stake in shares of Fair Isaac Corp. by 2.0% in the second quarter. BlackRock Fund Advisors now owns 1,644,062 shares of the company’s stock worth $185,795,000 after buying an additional 32,382 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Fair Isaac Corp. by 0.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 915,073 shares of the company’s stock worth $103,412,000 after buying an additional 2,492 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of Fair Isaac Corp. by 2.5% in the second quarter. Ameritas Investment Partners Inc. now owns 7,326 shares of the company’s stock worth $828,000 after buying an additional 178 shares during the period. 89.54% of the stock is owned by institutional investors.

Several research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Fair Isaac Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, November 9th. Barclays PLC upped their price target on shares of Fair Isaac Corp. from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Fair Isaac Corp. has an average rating of “Hold” and an average target price of $116.50.

About Fair Isaac Corp.

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