Sei Investments Co. Has $4.79 Million Stock Holdings in First Advantage Co. (NYSE:FA)

Sei Investments Co. boosted its position in shares of First Advantage Co. (NYSE:FA - Free Report) by 35.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 255,700 shares of the company's stock after purchasing an additional 67,450 shares during the quarter. Sei Investments Co. owned 0.15% of First Advantage worth $4,789,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Intech Investment Management LLC acquired a new position in shares of First Advantage in the 3rd quarter valued at $250,000. Brighton Jones LLC bought a new position in First Advantage during the fourth quarter worth about $257,000. Truist Financial Corp grew 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 valued at $358,000 after acquiring an additional 5,197 shares during the period. Oppenheimer Asset Management Inc. increased its holdings in shares of First Advantage by 17.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 19,626 shares of the company's stock worth $368,000 after acquiring an additional 2,938 shares in the last quarter. Finally, Natixis Advisors LLC raised its position in shares of First Advantage by 35.4% during the fourth quarter. Natixis Advisors LLC now owns 20,353 shares of the company's stock worth $381,000 after purchasing an additional 5,317 shares during the period. Institutional investors own 94.91% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. William Blair reissued an "outperform" rating on shares of First Advantage in a research note on Friday, February 28th. Barclays dropped their price objective on shares of First Advantage from $22.00 to $20.00 and set an "overweight" rating on the stock 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 report on Thursday, January 23rd. Finally, BMO Capital Markets cut their price target on First Advantage from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $66.80.

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First Advantage Stock Down 7.2 %

NYSE:FA traded down $1.06 on Friday, hitting $13.62. 2,375,373 shares of the company's stock were exchanged, compared to its average volume of 709,673. The firm has a 50-day moving average price of $16.28 and a 200-day moving average price of $17.96. First Advantage Co. has a 52 week low of $12.55 and a 52 week high of $20.79. 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 company has a market cap of $2.36 billion, a P/E ratio of 454.00 and a beta of 1.20.

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.