First Advantage Co. (NYSE:FA) Shares Sold by Leith Wheeler Investment Counsel Ltd.

Leith Wheeler Investment Counsel Ltd. reduced its position in First Advantage Co. (NYSE:FA - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 564,310 shares of the company's stock after selling 20,295 shares during the quarter. Leith Wheeler Investment Counsel Ltd. owned about 0.33% of First Advantage worth $10,570,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of First Advantage by 49.1% in the fourth quarter. FMR LLC now owns 8,350,192 shares of the company's stock valued at $156,399,000 after buying an additional 2,750,166 shares during the last quarter. Vanguard Group Inc. raised its holdings in First Advantage by 48.0% in the 4th quarter. Vanguard Group Inc. now owns 7,425,305 shares of the company's stock valued at $139,076,000 after acquiring an additional 2,409,233 shares during the last quarter. Capital Research Global Investors lifted its stake in First Advantage by 4.8% in the 4th quarter. Capital Research Global Investors now owns 6,223,937 shares of the company's stock worth $116,574,000 after purchasing an additional 286,456 shares in the last quarter. Capital World Investors boosted its holdings in shares of First Advantage by 246.4% during the 4th quarter. Capital World Investors now owns 5,227,076 shares of the company's stock worth $97,903,000 after purchasing an additional 3,718,096 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of First Advantage by 1.1% in the fourth quarter. JPMorgan Chase & Co. now owns 4,485,369 shares of the company's stock valued at $84,011,000 after purchasing an additional 50,469 shares during the last quarter. Hedge funds and other institutional investors own 94.91% of the company's stock.

Analyst Ratings Changes

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

First Advantage Trading Up 3.6 %

Shares of FA stock traded up $0.52 during trading hours on Friday, hitting $14.98. The company had a trading volume of 837,606 shares, compared to its average volume of 774,018. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.85 and a quick ratio of 3.85. The stock has a market capitalization of $2.60 billion, a PE ratio of 499.33 and a beta of 1.20. The company's fifty day moving average is $14.01 and its 200 day moving average is $17.10. First Advantage Co. has a fifty-two week low of $12.32 and a fifty-two week high of $20.79.

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.