Brighton Jones LLC Acquires Shares of 13,714 First Advantage Co. (NYSE:FA)

Brighton Jones LLC purchased a new stake in First Advantage Co. (NYSE:FA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,714 shares of the company's stock, valued at approximately $257,000.

Other large investors have also recently bought and sold shares of the company. Quarry LP raised its stake in First Advantage by 49.7% in the second quarter. Quarry LP now owns 2,607 shares of the company's stock valued at $42,000 after purchasing an additional 865 shares in the last quarter. Marshall Wace LLP acquired a new position in First Advantage during the second quarter valued at approximately $209,000. Truist Financial Corp bought a new stake in First Advantage during the second quarter worth $234,000. Intech Investment Management LLC acquired a new stake in shares of First Advantage in the 3rd quarter valued at $250,000. Finally, Natixis Advisors LLC bought a new position in shares of First Advantage in the 3rd quarter valued at $298,000. 94.91% of the stock is owned by institutional investors.

First Advantage Trading Up 0.7 %

FA traded up $0.13 during midday trading on Friday, hitting $18.88. 717,508 shares of the company were exchanged, compared to its average volume of 523,150. The firm has a market capitalization of $3.26 billion, a P/E ratio of 629.33 and a beta of 1.17. The firm's 50 day moving average price is $18.81 and its 200-day moving average price is $18.55. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61. First Advantage Co. has a 1-year low of $14.01 and a 1-year high of $20.79.

First Advantage (NYSE:FA - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.01. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. The company had revenue of $199.10 million for the quarter, compared to analyst estimates of $204.39 million. During the same period in the prior year, the firm posted $0.25 EPS. The company's quarterly revenue was down .6% on a year-over-year basis. As a group, equities analysts forecast that First Advantage Co. will post 0.74 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Wolfe Research downgraded shares of First Advantage from an "outperform" rating to a "peer perform" rating in a research note on Thursday, October 10th. Barclays restated an "overweight" rating and issued a $22.00 target price on shares of First Advantage in a research report on Wednesday, November 20th. Needham & Company LLC reiterated a "hold" rating on shares of First Advantage in a report on Wednesday, November 13th. Royal Bank of Canada reiterated an "outperform" rating and issued a $22.00 price target on shares of First Advantage in a research note on Thursday, January 23rd. Finally, William Blair restated an "outperform" rating on shares of First Advantage in a research report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $53.29.

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.