Charles Schwab Investment Management Inc. Grows Position in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)

Charles Schwab Investment Management Inc. boosted its holdings in shares of Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) by 3.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 462,659 shares of the company’s stock after purchasing an additional 17,522 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.24% of Aveanna Healthcare worth $2,406,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Intech Investment Management LLC bought a new position in Aveanna Healthcare during the third quarter valued at $69,000. SG Americas Securities LLC bought a new position in Aveanna Healthcare during the third quarter valued at $101,000. Mackenzie Financial Corp increased its position in Aveanna Healthcare by 35.9% during the second quarter. Mackenzie Financial Corp now owns 45,674 shares of the company’s stock valued at $126,000 after acquiring an additional 12,075 shares during the last quarter. Creative Planning increased its position in Aveanna Healthcare by 21.3% during the third quarter. Creative Planning now owns 48,502 shares of the company’s stock valued at $252,000 after acquiring an additional 8,502 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in Aveanna Healthcare by 176.6% during the second quarter. Acadian Asset Management LLC now owns 81,275 shares of the company’s stock valued at $222,000 after acquiring an additional 51,890 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Aveanna Healthcare Stock Down 0.8 %

AVAH stock opened at $5.03 on Monday. Aveanna Healthcare Holdings Inc. has a twelve month low of $2.00 and a twelve month high of $6.19. The stock has a market capitalization of $971.92 million, a price-to-earnings ratio of -14.79 and a beta of 2.20. The firm’s fifty day simple moving average is $5.28 and its two-hundred day simple moving average is $4.48.

Aveanna Healthcare (NASDAQ:AVAH) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. The company had revenue of $509.02 million during the quarter, compared to the consensus estimate of $495.80 million. During the same quarter in the previous year, the company posted ($0.05) earnings per share. As a group, equities research analysts expect that Aveanna Healthcare Holdings Inc. will post -0.08 EPS for the current year.

Aveanna Healthcare Company Profile

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.