Afya Limited (NASDAQ:AFYA) Shares Sold by Perpetual Ltd

Perpetual Ltd lessened its holdings in shares of Afya Limited (NASDAQ:AFYA) by 54.9% in the 4th quarter, Holdings Channel reports. The fund owned 202,266 shares of the company’s stock after selling 246,674 shares during the quarter. Perpetual Ltd’s holdings in Afya were worth $3,212,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Renaissance Technologies LLC boosted its holdings in shares of Afya by 19.7% during the 2nd quarter. Renaissance Technologies LLC now owns 266,500 shares of the company’s stock worth $4,704,000 after purchasing an additional 43,800 shares during the last quarter. Marshall Wace LLP lifted its position in Afya by 41.8% during the second quarter. Marshall Wace LLP now owns 336,985 shares of the company’s stock worth $5,948,000 after buying an additional 99,416 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in Afya by 136.9% during the second quarter. Cubist Systematic Strategies LLC now owns 35,254 shares of the company’s stock worth $622,000 after buying an additional 20,370 shares during the last quarter. Millennium Management LLC grew its holdings in Afya by 45.0% in the 2nd quarter. Millennium Management LLC now owns 291,164 shares of the company’s stock valued at $5,139,000 after buying an additional 90,383 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Afya in the 3rd quarter valued at $417,000. Institutional investors and hedge funds own 88.02% of the company’s stock.

Analyst Ratings Changes

AFYA has been the topic of several analyst reports. JPMorgan Chase & Co. reduced their price target on Afya from $25.00 to $20.50 and set a “neutral” rating on the stock in a report on Friday, January 17th. The Goldman Sachs Group began coverage on shares of Afya in a research note on Tuesday, December 3rd. They set a “sell” rating and a $16.00 target price on the stock. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, Afya presently has a consensus rating of “Hold” and a consensus target price of $19.60.

Afya Stock Down 0.5 %

Shares of NASDAQ:AFYA opened at $15.66 on Wednesday. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 0.26 and a beta of 0.89. Afya Limited has a 12-month low of $14.52 and a 12-month high of $22.24. The business has a 50-day moving average price of $15.88 and a 200 day moving average price of $16.73. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.51.

Afya Company Profile

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.