Vanguard Group Inc. Purchases 210,187 Shares of First Advantage Co. $FA

Vanguard Group Inc. raised its position in First Advantage Co. (NYSE:FA) by 2.8% in the third quarter, HoldingsChannel.com reports. The fund owned 7,613,968 shares of the company’s stock after purchasing an additional 210,187 shares during the quarter. Vanguard Group Inc.’s holdings in First Advantage were worth $117,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Boston Partners grew its holdings in First Advantage by 19.6% during the second quarter. Boston Partners now owns 2,896,207 shares of the company’s stock worth $47,866,000 after purchasing an additional 474,634 shares during the period. American Century Companies Inc. raised its stake in First Advantage by 3.8% in the second quarter. American Century Companies Inc. now owns 2,562,204 shares of the company’s stock valued at $42,558,000 after buying an additional 94,220 shares during the period. BloombergSen Inc. lifted its position in shares of First Advantage by 100.4% in the third quarter. BloombergSen Inc. now owns 266,324 shares of the company’s stock valued at $4,099,000 after buying an additional 133,436 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of First Advantage by 16.2% during the 2nd quarter. Geode Capital Management LLC now owns 1,818,904 shares of the company’s stock worth $30,215,000 after acquiring an additional 253,773 shares during the period. Finally, New York State Common Retirement Fund increased its holdings in shares of First Advantage by 16.9% during the 2nd quarter. New York State Common Retirement Fund now owns 548,611 shares of the company’s stock worth $9,112,000 after acquiring an additional 79,211 shares during the last quarter. 94.91% of the stock is currently owned by institutional investors and hedge funds.

First Advantage Stock Performance

Shares of NYSE:FA opened at $12.22 on Thursday. First Advantage Co. has a 12-month low of $8.82 and a 12-month high of $19.01. The company’s 50 day moving average price is $12.95 and its two-hundred day moving average price is $14.07. The firm has a market cap of $2.13 billion, a PE ratio of 407.33 and a beta of 1.20. 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 (NYSE:FA) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.During the same period in the previous year, the company earned $0.18 earnings per share. The company’s quarterly revenue was up 36.8% on a year-over-year basis. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. Equities research analysts predict that First Advantage Co. will post 0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

FA has been the subject of several research reports. JPMorgan Chase & Co. cut their price target on First Advantage from $21.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Zacks Research cut shares of First Advantage from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, Barclays decreased their price target on shares of First Advantage from $18.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $17.00.

First Advantage Company Profile

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.