Aurora Cannabis Inc. (NASDAQ:ACB) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Aurora Cannabis Inc. (NASDAQ:ACB) by 7.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,921 shares of the company’s stock after purchasing an additional 5,800 shares during the quarter. Dimensional Fund Advisors LP owned 0.15% of Aurora Cannabis worth $361,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of ACB. Renaissance Technologies LLC grew its position in shares of Aurora Cannabis by 8.6% in the fourth quarter. Renaissance Technologies LLC now owns 714,655 shares of the company’s stock valued at $3,037,000 after purchasing an additional 56,400 shares during the last quarter. Wealthspire Advisors LLC purchased a new stake in Aurora Cannabis during the 4th quarter worth $149,000. Edmond DE Rothschild Holding S.A. purchased a new stake in Aurora Cannabis during the 4th quarter worth $88,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Aurora Cannabis in the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 47.63% of the company’s stock.

Aurora Cannabis Price Performance

Shares of NASDAQ:ACB opened at $5.13 on Friday. Aurora Cannabis Inc. has a 12-month low of $3.42 and a 12-month high of $7.64. The company has a quick ratio of 1.60, a current ratio of 3.30 and a debt-to-equity ratio of 0.07. The company has a market cap of $288.38 million, a P/E ratio of 102.62 and a beta of 1.94. The company’s fifty day moving average is $4.49 and its two-hundred day moving average is $4.62.

Analyst Upgrades and Downgrades

Separately, Atb Cap Markets raised shares of Aurora Cannabis from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 5th.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.