SG Americas Securities LLC increased its position in First Advantage Co. (NYSE:FA – Free Report) by 8,338.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 777,275 shares of the company’s stock after buying an additional 768,064 shares during the quarter. SG Americas Securities LLC owned about 0.45% of First Advantage worth $11,294,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in First Advantage by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock valued at $501,000 after acquiring an additional 1,471 shares during the period. Ameritas Investment Partners Inc. raised its holdings in shares of First Advantage by 29.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,088 shares of the company’s stock worth $134,000 after purchasing an additional 1,821 shares during the period. Swiss National Bank lifted its stake in shares of First Advantage by 1.6% in the 3rd quarter. Swiss National Bank now owns 151,544 shares of the company’s stock valued at $2,332,000 after purchasing an additional 2,400 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of First Advantage by 5.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 44,279 shares of the company’s stock valued at $735,000 after purchasing an additional 2,463 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its holdings in shares of First Advantage by 27.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 15,500 shares of the company’s stock worth $257,000 after purchasing an additional 3,300 shares during the period. Institutional investors and hedge funds own 94.91% of the company’s stock.
First Advantage Price Performance
Shares of NYSE FA opened at $11.15 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.85 and a quick ratio of 3.85. First Advantage Co. has a 1-year low of $8.82 and a 1-year high of $19.01. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 371.67 and a beta of 1.19. The business has a 50-day moving average of $11.63 and a 200-day moving average of $13.44.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on FA shares. Barclays raised shares of First Advantage from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $14.00 to $15.00 in a research report on Friday, March 6th. Citigroup decreased their price objective on shares of First Advantage from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, March 6th. Finally, Zacks Research lowered shares of First Advantage from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $16.75.
First Advantage Company Profile
First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.
The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.
See Also
Want to see what other hedge funds are holding FA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Advantage Co. (NYSE:FA – Free Report).
Receive News & Ratings for First Advantage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Advantage and related companies with MarketBeat.com's FREE daily email newsletter.
