First Advantage Co. (NYSE:FA) Shares Bought by Barclays PLC

Barclays PLC boosted its stake in shares of First Advantage Co. (NYSE:FA - Free Report) by 88.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 29,775 shares of the company's stock after purchasing an additional 14,007 shares during the period. Barclays PLC's holdings in First Advantage were worth $416,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UBS Group AG acquired a new stake in First Advantage during the 3rd quarter worth about $29,000. Tower Research Capital LLC TRC grew its position in shares of First Advantage by 157.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,244 shares of the company's stock valued at $67,000 after acquiring an additional 3,211 shares during the period. Royal Bank of Canada grew its position in shares of First Advantage by 1,797.3% during the 3rd quarter. Royal Bank of Canada now owns 6,280 shares of the company's stock valued at $81,000 after acquiring an additional 5,949 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of First Advantage during the 2nd quarter valued at about $88,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of First Advantage by 39.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,701 shares of the company's stock valued at $126,000 after acquiring an additional 2,746 shares during the period. 94.91% of the stock is owned by institutional investors and hedge funds.

FA stock opened at $14.02 on Wednesday. The company has a current ratio of 6.35, a quick ratio of 6.35 and a debt-to-equity ratio of 0.51. First Advantage Co. has a 12-month low of $10.07 and a 12-month high of $15.89. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 43.81, a PEG ratio of 1.52 and a beta of 1.21. The business's 50-day moving average is $14.83 and its 200 day moving average is $13.92.

First Advantage (NYSE:FA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.02. First Advantage had a return on equity of 12.88% and a net margin of 6.29%. The company had revenue of $185.30 million for the quarter, compared to analysts' expectations of $182.38 million. During the same period in the previous year, the firm posted $0.25 EPS. First Advantage's revenue was down 8.1% compared to the same quarter last year. On average, sell-side analysts anticipate that First Advantage Co. will post 1.01 EPS for the current fiscal year.

The firm also recently announced a dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 21st will be paid a $1.50 dividend. The ex-dividend date is Friday, August 18th.

In other First Advantage news, insider Bret T. Jardine sold 12,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $15.20, for a total value of $182,400.00. Following the transaction, the insider now directly owns 4,537 shares of the company's stock, valued at approximately $68,962.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 4.70% of the company's stock.

Separately, Barclays raised their target price on First Advantage from $14.00 to $16.00 and gave the company an "equal weight" rating in a research report on Thursday, August 10th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $14.80.

View Our Latest Stock Report on First Advantage

First Advantage Corporation provides technology solutions for screening, verifications, safety, and compliance related to human capital 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider First Advantage, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Advantage wasn't on the list.

While First Advantage currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.