Lee M. Neumann Sells 13,034 Shares of Agiliti, Inc. (NYSE:AGTI) Stock

Agiliti, Inc. (NYSE:AGTI – Get Rating) EVP Lee M. Neumann sold 13,034 shares of Agiliti stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of $14.45, for a total transaction of $188,341.30. Following the sale, the executive vice president now directly owns 38,647 shares of the company’s stock, valued at approximately $558,449.15. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Agiliti Stock Down 2.2 %

Shares of AGTI opened at $14.52 on Friday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.60. Agiliti, Inc. has a 52 week low of $14.15 and a 52 week high of $23.25. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 69.14, a PEG ratio of 16.49 and a beta of 1.40. The stock has a fifty day moving average of $17.58 and a 200-day moving average of $16.90.

Hedge Funds Weigh In On Agiliti

A number of institutional investors and hedge funds have recently bought and sold shares of AGTI. Bank of New York Mellon Corp raised its holdings in Agiliti by 2.8% in the 1st quarter. Bank of New York Mellon Corp now owns 152,854 shares of the company’s stock valued at $3,225,000 after buying an additional 4,181 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in shares of Agiliti by 58.5% during the first quarter. MetLife Investment Management LLC now owns 15,588 shares of the company’s stock worth $329,000 after purchasing an additional 5,753 shares during the period. Rhumbline Advisers lifted its holdings in shares of Agiliti by 27.9% during the first quarter. Rhumbline Advisers now owns 22,610 shares of the company’s stock worth $477,000 after purchasing an additional 4,932 shares during the period. BlackRock Inc. lifted its holdings in shares of Agiliti by 1.3% during the first quarter. BlackRock Inc. now owns 3,238,565 shares of the company’s stock worth $68,334,000 after purchasing an additional 42,636 shares during the period. Finally, Westwood Holdings Group Inc. acquired a new position in shares of Agiliti during the first quarter worth $269,000.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AGTI. Bank of America downgraded Agiliti from a “buy” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research report on Friday, December 16th. Citigroup cut their price target on Agiliti from $21.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, March 8th. Finally, Morgan Stanley lowered shares of Agiliti from an “overweight” rating to an “equal weight” rating and set a $18.00 target price on the stock. in a report on Friday, January 6th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Agiliti has a consensus rating of “Moderate Buy” and an average price target of $20.88.

Agiliti Company Profile

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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.