Johnson Investment Counsel Inc. Has $3.02 Million Stock Position in CCC Intelligent Solutions Holdings Inc. $CCCS

Johnson Investment Counsel Inc. grew its holdings in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 53.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 331,942 shares of the company’s stock after purchasing an additional 115,310 shares during the period. Johnson Investment Counsel Inc.’s holdings in CCC Intelligent Solutions were worth $3,024,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Advisors Asset Management Inc. increased its holdings in CCC Intelligent Solutions by 18.3% in the second quarter. Advisors Asset Management Inc. now owns 7,806 shares of the company’s stock valued at $73,000 after purchasing an additional 1,207 shares during the period. Curated Wealth Partners LLC lifted its holdings in CCC Intelligent Solutions by 11.0% during the 3rd quarter. Curated Wealth Partners LLC now owns 13,273 shares of the company’s stock worth $121,000 after buying an additional 1,315 shares during the period. Global Retirement Partners LLC grew its position in shares of CCC Intelligent Solutions by 5.6% in the 3rd quarter. Global Retirement Partners LLC now owns 28,544 shares of the company’s stock valued at $260,000 after buying an additional 1,517 shares during the last quarter. Forum Financial Management LP grew its position in shares of CCC Intelligent Solutions by 7.8% in the 3rd quarter. Forum Financial Management LP now owns 21,653 shares of the company’s stock valued at $197,000 after buying an additional 1,567 shares during the last quarter. Finally, Associated Banc Corp increased its stake in shares of CCC Intelligent Solutions by 11.9% in the third quarter. Associated Banc Corp now owns 15,375 shares of the company’s stock valued at $140,000 after buying an additional 1,633 shares during the period. Institutional investors own 95.79% of the company’s stock.

CCC Intelligent Solutions Price Performance

Shares of CCCS opened at $5.58 on Wednesday. The firm has a market cap of $3.63 billion, a PE ratio of 279.14 and a beta of 0.72. CCC Intelligent Solutions Holdings Inc. has a 52-week low of $8.14 and a 52-week high of $12.88. The business’s 50 day moving average price is $7.69 and its two-hundred day moving average price is $8.54. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.19.

Analyst Ratings Changes

A number of equities analysts recently commented on CCCS shares. Barrington Research reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of CCC Intelligent Solutions in a research note on Monday, October 27th. Barclays lowered their price target on shares of CCC Intelligent Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, October 14th. Piper Sandler dropped their price target on shares of CCC Intelligent Solutions from $10.00 to $9.50 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Jefferies Financial Group set a $11.00 price objective on shares of CCC Intelligent Solutions in a research report on Thursday, October 30th. Finally, Stifel Nicolaus lowered their target price on shares of CCC Intelligent Solutions from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, CCC Intelligent Solutions presently has a consensus rating of “Hold” and a consensus target price of $11.38.

CCC Intelligent Solutions Company Profile

CCC Intelligent Solutions Inc (NYSE: CCCS) is a leading provider of digital solutions and data analytics to the property and casualty insurance, automotive repair, and connected vehicle markets. The company’s core offerings are designed to improve the efficiency, accuracy, and transparency of collision repair and claims processes. By leveraging advanced machine learning, computer vision, and telematics, CCC enables insurers, repair shops, and vehicle owners to streamline workflows, enhance decision-making, and reduce cycle times.

The company’s flagship platform, CCC ONE®, integrates estimating, repair management, parts sourcing, supplier collaboration, and digital transaction workflows into a single, cloud-based environment.