Verition Fund Management LLC Invests $342,000 in Agiliti, Inc. (NYSE:AGTI)

Verition Fund Management LLC acquired a new stake in Agiliti, Inc. (NYSE:AGTIGet Rating) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 23,928 shares of the company’s stock, valued at approximately $342,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Eaton Vance Management lifted its position in shares of Agiliti by 16.9% during the 1st quarter. Eaton Vance Management now owns 3,466,572 shares of the company’s stock valued at $73,145,000 after buying an additional 500,541 shares during the last quarter. BlackRock Inc. lifted its holdings in Agiliti by 1.3% during the first quarter. BlackRock Inc. now owns 3,238,565 shares of the company’s stock valued at $68,334,000 after purchasing an additional 42,636 shares during the last quarter. State Street Corp boosted its position in Agiliti by 0.8% during the second quarter. State Street Corp now owns 504,193 shares of the company’s stock worth $10,341,000 after purchasing an additional 4,017 shares during the period. Jennison Associates LLC purchased a new position in shares of Agiliti in the third quarter worth about $6,706,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Agiliti by 281.7% in the third quarter. Dimensional Fund Advisors LP now owns 313,944 shares of the company’s stock valued at $4,492,000 after purchasing an additional 231,690 shares during the period.

Analyst Ratings Changes

AGTI has been the subject of several analyst reports. KeyCorp cut their price objective on shares of Agiliti from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Friday, November 11th. The Goldman Sachs Group decreased their price objective on Agiliti from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Monday, November 14th. Morgan Stanley downgraded Agiliti from an “overweight” rating to an “equal weight” rating and set a $18.00 target price for the company. in a research note on Friday, January 6th. UBS Group reduced their target price on Agiliti to $19.00 in a report on Wednesday, November 16th. Finally, Citigroup lowered their price target on shares of Agiliti from $24.00 to $21.00 and set a “buy” rating on the stock in a report on Sunday, November 13th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $21.00.

Insiders Place Their Bets

In other news, EVP Lee M. Neumann sold 4,527 shares of the firm’s stock in a transaction on Thursday, December 8th. The shares were sold at an average price of $17.47, for a total transaction of $79,086.69. Following the sale, the executive vice president now owns 47,161 shares in the company, valued at approximately $823,902.67. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 4.16% of the company’s stock.

Agiliti Stock Down 3.8 %

AGTI stock opened at $17.24 on Wednesday. The company’s 50 day moving average is $17.78 and its 200 day moving average is $16.99. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 66.31, a price-to-earnings-growth ratio of 14.80 and a beta of 1.40. The company has a current ratio of 1.65, a quick ratio of 1.34 and a debt-to-equity ratio of 1.12. Agiliti, Inc. has a 1-year low of $14.15 and a 1-year high of $23.25.

Agiliti Profile

(Get Rating)

Agiliti, Inc provides end-to-end healthcare technology management and service solutions to the United States healthcare industry. It also offers comprehensive medical equipment management and service solutions to reduce capital and operating expenses, increase medical equipment and staff productivity and support improved patient safety and outcomes.

Read More

Institutional Ownership by Quarter for Agiliti (NYSE:AGTI)

Receive News & Ratings for Agiliti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agiliti and related companies with MarketBeat.com's FREE daily email newsletter.