Barclays PLC Has $2.05 Million Holdings in First Advantage Co. (NYSE:FA)

Barclays PLC increased its stake in shares of First Advantage Co. (NYSE:FA - Free Report) by 33.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,327 shares of the company's stock after acquiring an additional 27,658 shares during the period. Barclays PLC owned about 0.06% of First Advantage worth $2,048,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of First Advantage in the 4th quarter valued at about $257,000. Cortland Associates Inc. MO acquired a new stake in First Advantage in the 4th quarter valued at approximately $24,328,000. Jennison Associates LLC lifted its stake in First Advantage by 29.5% in the 4th quarter. Jennison Associates LLC now owns 432,387 shares of the company's stock valued at $8,099,000 after acquiring an additional 98,500 shares in the last quarter. Rhumbline Advisers boosted its position in First Advantage by 6.9% during the 4th quarter. Rhumbline Advisers now owns 78,696 shares of the company's stock worth $1,474,000 after acquiring an additional 5,104 shares during the last quarter. Finally, Truist Financial Corp grew its stake in shares of First Advantage by 37.4% during the 4th quarter. Truist Financial Corp now owns 19,095 shares of the company's stock worth $358,000 after acquiring an additional 5,197 shares in the last quarter. 94.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. William Blair restated an "outperform" rating on shares of First Advantage in a report on Friday, February 28th. Royal Bank of Canada restated an "outperform" rating and issued a $22.00 price objective on shares of First Advantage in a report on Thursday, January 23rd. Barclays reiterated an "equal weight" rating and set a $15.00 target price (down previously from $20.00) on shares of First Advantage in a report on Thursday, April 10th. Finally, BMO Capital Markets decreased their price target on First Advantage from $24.00 to $22.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, First Advantage currently has a consensus rating of "Moderate Buy" and an average price target of $65.80.

First Advantage Trading Up 2.6 %

First Advantage stock opened at $14.46 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85. The stock has a 50-day simple moving average of $14.09 and a 200 day simple moving average of $17.15. The stock has a market capitalization of $2.51 billion, a P/E ratio of 482.00 and a beta of 1.20. First Advantage Co. has a 52 week low of $12.32 and a 52 week high of $20.79.

First Advantage Profile

First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.