CCC Intelligent Solutions Holdings Inc. Common Stock $CCC Stock Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its stake in CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) by 4.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,180,365 shares of the company’s stock after acquiring an additional 292,763 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in CCC Intelligent Solutions Holdings Inc. Common Stock were worth $47,821,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Principal Financial Group Inc. raised its stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock by 3.2% during the first quarter. Principal Financial Group Inc. now owns 37,848,476 shares of the company’s stock valued at $227,091,000 after acquiring an additional 1,189,466 shares in the last quarter. Van Berkom & Associates Inc. boosted its holdings in shares of CCC Intelligent Solutions Holdings Inc. Common Stock by 15.5% in the first quarter. Van Berkom & Associates Inc. now owns 13,515,096 shares of the company’s stock valued at $81,091,000 after purchasing an additional 1,814,248 shares during the period. WCM Investment Management LLC purchased a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock in the first quarter valued at approximately $4,978,000. Bank of America Corp DE grew its stake in CCC Intelligent Solutions Holdings Inc. Common Stock by 2.4% in the first quarter. Bank of America Corp DE now owns 14,004,344 shares of the company’s stock worth $84,026,000 after purchasing an additional 324,678 shares in the last quarter. Finally, Reinhart Partners LLC. bought a new position in CCC Intelligent Solutions Holdings Inc. Common Stock in the third quarter worth approximately $41,941,000. 95.79% of the stock is currently owned by institutional investors.

CCC Intelligent Solutions Holdings Inc. Common Stock Stock Down 2.3%

Shares of CCC stock opened at $7.64 on Thursday. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of 37.24 and a beta of 0.47. The company’s 50 day simple moving average is $6.99. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.71. CCC Intelligent Solutions Holdings Inc. Common Stock has a 52-week low of $4.08 and a 52-week high of $9.45.

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) last announced its earnings results on Thursday, July 30th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.05. CCC Intelligent Solutions Holdings Inc. Common Stock had a return on equity of 7.18% and a net margin of 3.81%. The business had revenue of $285.93 million for the quarter. The firm’s revenue was up 9.8% on a year-over-year basis. Analysts anticipate that CCC Intelligent Solutions Holdings Inc. Common Stock will post 0.27 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wall Street Zen downgraded CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Stifel Nicolaus reaffirmed a “buy” rating and set a $9.00 target price on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research report on Thursday, July 2nd. Weiss Ratings upgraded CCC Intelligent Solutions Holdings Inc. Common Stock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Citigroup upped their target price on CCC Intelligent Solutions Holdings Inc. Common Stock from $6.00 to $6.50 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Finally, Jefferies Financial Group set a $7.00 price target on CCC Intelligent Solutions Holdings Inc. Common Stock in a research report on Thursday, July 30th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $9.12.

CCC Intelligent Solutions Holdings Inc. Common Stock Profile

CCC Intelligent Solutions Holdings Inc provides cloud-based software and technology services to the property and casualty insurance economy. Its platform helps insurers, collision repair facilities, automakers, parts suppliers and other participants manage automotive claims and related workflows more efficiently.

The company’s products support the claims lifecycle, including digital claim intake, damage estimating, vehicle repair management, total-loss processing, payments, customer communications and analytics.