Hsbc Holdings PLC purchased a new stake in Astrana Health, Inc. (NASDAQ:ASTH – Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 6,525 shares of the company’s stock, valued at approximately $200,000.
A number of other institutional investors and hedge funds have also made changes to their positions in ASTH. Vanguard Group Inc. increased its holdings in shares of Astrana Health by 4.5% in the 1st quarter. Vanguard Group Inc. now owns 4,898,992 shares of the company’s stock valued at $151,918,000 after acquiring an additional 213,033 shares during the period. Nuveen LLC purchased a new position in shares of Astrana Health in the 1st quarter valued at $3,369,000. Diamond Hill Capital Management Inc. increased its holdings in shares of Astrana Health by 32.6% in the 1st quarter. Diamond Hill Capital Management Inc. now owns 211,038 shares of the company’s stock valued at $6,544,000 after acquiring an additional 51,827 shares during the period. Northern Trust Corp increased its holdings in shares of Astrana Health by 10.1% in the 4th quarter. Northern Trust Corp now owns 467,179 shares of the company’s stock valued at $14,730,000 after acquiring an additional 43,032 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Astrana Health by 105.3% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 76,346 shares of the company’s stock valued at $2,407,000 after acquiring an additional 39,156 shares during the period. 52.77% of the stock is currently owned by hedge funds and other institutional investors.
Astrana Health Stock Down 3.6%
Shares of ASTH stock opened at $29.70 on Friday. Astrana Health, Inc. has a 1-year low of $21.20 and a 1-year high of $63.20. The stock’s fifty day moving average price is $26.48 and its 200 day moving average price is $28.21. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.59 and a quick ratio of 1.59. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 58.24, a price-to-earnings-growth ratio of 0.77 and a beta of 0.85.
Analyst Ratings Changes
Separately, Zacks Research downgraded Astrana Health from a “strong-buy” rating to a “strong sell” rating in a report on Monday, September 1st. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.29.
Get Our Latest Report on Astrana Health
Astrana Health Profile
Astrana Health, Inc, Inc, a physician-centric technology-powered healthcare management company, provides medical care services in the United States. It operates through three segments: Care Partners, Care Delivery, and Care Enablement. The company is leveraging its proprietary population health management and healthcare delivery platform, operates an integrated, value-based healthcare model which empowers the providers in its network to deliver care to its patients.
Further Reading
- Five stocks we like better than Astrana Health
- 3 Monster Growth Stocks to Buy Now
- Why DocuSign Could Be a SaaS Value Play After Q2 Earnings
- What is a Low P/E Ratio and What Does it Tell Investors?
- Lululemon Share Price Has Plenty of Room Left to Fall
- What is a Secondary Public Offering? What Investors Need to Know
- Advanced Micro Devices’ 2026 Forecasts Are Way Too Low
Receive News & Ratings for Astrana Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astrana Health and related companies with MarketBeat.com's FREE daily email newsletter.