American Century Companies Inc. Has $67.13 Million Position in First Advantage Co. (NYSE:FA)

American Century Companies Inc. boosted its stake in First Advantage Co. (NYSE:FA - Free Report) by 337.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,584,054 shares of the company's stock after buying an additional 2,764,534 shares during the quarter. American Century Companies Inc. owned approximately 2.08% of First Advantage worth $67,129,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FA. Intech Investment Management LLC bought a new position in shares of First Advantage in the third quarter valued at approximately $250,000. Brighton Jones LLC acquired a new stake in First Advantage during the 4th quarter valued at $257,000. Natixis Advisors LLC bought a new position in First Advantage in the 3rd quarter valued at $298,000. Truist Financial Corp boosted its stake in First Advantage by 37.4% in the fourth quarter. Truist Financial Corp now owns 19,095 shares of the company's stock worth $358,000 after purchasing an additional 5,197 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of First Advantage by 17.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 19,626 shares of the company's stock worth $368,000 after purchasing an additional 2,938 shares during the last quarter. 94.91% of the stock is currently owned by institutional investors.

First Advantage Trading Down 2.0 %

NYSE FA traded down $0.29 during trading hours on Friday, hitting $13.93. The company's stock had a trading volume of 1,082,654 shares, compared to its average volume of 669,873. First Advantage Co. has a twelve month low of $12.55 and a twelve month high of $20.79. The firm has a market capitalization of $2.42 billion, a P/E ratio of 464.33 and a beta of 1.21. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average of $16.70 and a 200 day moving average of $18.15.

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Analysts Set New Price Targets

A number of research firms recently issued reports on FA. Barclays cut their price target on First Advantage from $22.00 to $20.00 and set an "overweight" rating for the company in a report on Friday, February 28th. Royal Bank of Canada reiterated an "outperform" rating and set a $22.00 target price on shares of First Advantage in a research report on Thursday, January 23rd. BMO Capital Markets decreased 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 note on Monday, March 3rd. Finally, William Blair reaffirmed an "outperform" rating on shares of First Advantage in a report on Friday, February 28th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $66.80.

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.