Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 44,485 First Advantage Co. (NYSE:FA)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired 44,485 shares of First Advantage Co., valued at approximately $627,000, indicating significant institutional interest in the company.
• Wall Street analysts have mixed ratings on First Advantage, with a consensus rating of "Hold" and an average price target of $20.25.
• First Advantage reported $0.17 earnings per share (EPS) for the last quarter, exceeding consensus estimates and showcasing a strong 109.3% revenue growth compared to the previous year.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in First Advantage Co. (NYSE:FA - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 44,485 shares of the company's stock, valued at approximately $627,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP purchased a new stake in shares of First Advantage in the fourth quarter valued at $71,695,000. Capital World Investors lifted its position in First Advantage by 246.4% during the fourth quarter. Capital World Investors now owns 5,227,076 shares of the company's stock worth $97,903,000 after buying an additional 3,718,096 shares during the period. FMR LLC lifted its position in First Advantage by 49.1% during the fourth quarter. FMR LLC now owns 8,350,192 shares of the company's stock worth $156,399,000 after buying an additional 2,750,166 shares during the period. Vanguard Group Inc. lifted its position in First Advantage by 48.0% during the fourth quarter. Vanguard Group Inc. now owns 7,425,305 shares of the company's stock worth $139,076,000 after buying an additional 2,409,233 shares during the period. Finally, T. Rowe Price Investment Management Inc. purchased a new position in First Advantage during the fourth quarter worth about $16,970,000. Hedge funds and other institutional investors own 94.91% of the company's stock.

First Advantage Stock Down 4.7%

Shares of FA stock traded down $0.82 during trading hours on Friday, reaching $16.47. The company had a trading volume of 653,936 shares, compared to its average volume of 1,075,146. 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's fifty day simple moving average is $17.45 and its 200 day simple moving average is $16.54. First Advantage Co. has a twelve month low of $12.32 and a twelve month high of $20.79. The company has a market capitalization of $2.86 billion, a P/E ratio of 549.00 and a beta of 1.24.

First Advantage (NYSE:FA - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.04. First Advantage had a return on equity of 13.16% and a net margin of 0.65%. During the same period in the previous year, the business posted $0.17 EPS. The firm's revenue was up 109.3% on a year-over-year basis. As a group, sell-side analysts expect that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on FA. Needham & Company LLC reiterated a "hold" rating on shares of First Advantage in a research report on Monday, June 2nd. Royal Bank Of Canada downgraded First Advantage from an "outperform" rating to a "sector perform" rating and set a $20.00 target price on the stock. in a research report on Friday, May 9th. Finally, Barclays increased their target price on First Advantage from $15.00 to $18.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 29th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $20.25.

First Advantage Company 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.