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

Fort Washington Investment Advisors Inc. OH increased its stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) by 4.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 7,180,365 shares of the company’s stock after purchasing an additional 292,763 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 1.22% of CCC Intelligent Solutions Holdings Inc. Common Stock worth $47,821,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CCC. Root Financial Partners LLC lifted its position in CCC Intelligent Solutions Holdings Inc. Common Stock by 2,170.1% in the first quarter. Root Financial Partners LLC now owns 4,858 shares of the company’s stock worth $29,000 after buying an additional 4,644 shares during the last quarter. Nykredit A S bought a new position in CCC Intelligent Solutions Holdings Inc. Common Stock during the second quarter valued at $26,000. Essential Partners LLC bought a new position in CCC Intelligent Solutions Holdings Inc. Common Stock during the first quarter valued at $38,000. IFP Advisors Inc raised its stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock by 99.9% in the second quarter. IFP Advisors Inc now owns 8,179 shares of the company’s stock valued at $42,000 after acquiring an additional 4,088 shares during the period. Finally, Essex Financial Services Inc. purchased a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock in the first quarter valued at $61,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

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

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

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.10 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 company had revenue of $285.93 million for the quarter. The firm’s revenue was up 9.8% on a year-over-year basis. Equities analysts anticipate that CCC Intelligent Solutions Holdings Inc. Common Stock will post 0.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CCC has been the subject of several analyst reports. Jefferies Financial Group set a $7.00 target price on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a report on Thursday, July 30th. Stifel Nicolaus reaffirmed a “buy” rating and set a $9.00 price target on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research note on Thursday, July 2nd. Wall Street Zen downgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Citigroup increased their price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock from $6.00 to $6.50 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings raised shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, CCC Intelligent Solutions Holdings Inc. Common Stock presently 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.