Cerity Partners LLC Makes New Investment in Afya Limited (NASDAQ:AFYA)

Cerity Partners LLC acquired a new position in shares of Afya Limited (NASDAQ:AFYA) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 26,568 shares of the company’s stock, valued at approximately $476,000.

A number of other large investors also recently bought and sold shares of AFYA. Public Employees Retirement System of Ohio increased its holdings in shares of Afya by 40.0% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,800 shares of the company’s stock valued at $44,000 after purchasing an additional 800 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Afya by 1,099.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,031 shares of the company’s stock valued at $64,000 after purchasing an additional 3,695 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Afya by 2,115.9% in the 4th quarter. JPMorgan Chase & Co. now owns 6,670 shares of the company’s stock valued at $106,000 after purchasing an additional 6,369 shares in the last quarter. Aquatic Capital Management LLC increased its holdings in shares of Afya by 47.6% in the 4th quarter. Aquatic Capital Management LLC now owns 9,300 shares of the company’s stock valued at $148,000 after purchasing an additional 3,000 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in shares of Afya in the 4th quarter valued at about $228,000. Hedge funds and other institutional investors own 88.02% of the company’s stock.

Afya Price Performance

AFYA opened at $14.47 on Friday. The company’s 50 day simple moving average is $17.28 and its 200 day simple moving average is $17.35. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.42 and a current ratio of 1.42. Afya Limited has a 1 year low of $14.41 and a 1 year high of $19.90. The stock has a market capitalization of $1.36 billion, a PE ratio of 10.96, a P/E/G ratio of 0.52 and a beta of 0.58.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AFYA. Wall Street Zen downgraded shares of Afya from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group restated a “neutral” rating and set a $19.50 target price (up from $17.50) on shares of Afya in a report on Thursday, June 12th. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.60.

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.