Franklin Resources Inc. Has $1.19 Million Stake in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)

Franklin Resources Inc. cut its stake in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) by 65.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 235,865 shares of the company’s stock after selling 455,410 shares during the period. Franklin Resources Inc. owned approximately 0.12% of Aveanna Healthcare worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in AVAH. Jacobs Levy Equity Management Inc. boosted its position in shares of Aveanna Healthcare by 297.6% during the third quarter. Jacobs Levy Equity Management Inc. now owns 355,340 shares of the company’s stock worth $1,848,000 after buying an additional 265,969 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Aveanna Healthcare during the 3rd quarter worth approximately $817,000. Renaissance Technologies LLC grew its stake in shares of Aveanna Healthcare by 155.8% during the 2nd quarter. Renaissance Technologies LLC now owns 158,600 shares of the company’s stock worth $438,000 after acquiring an additional 96,600 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Aveanna Healthcare by 127.4% in the third quarter. Jane Street Group LLC now owns 118,803 shares of the company’s stock valued at $618,000 after purchasing an additional 66,561 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Aveanna Healthcare by 4.7% in the third quarter. Geode Capital Management LLC now owns 1,401,016 shares of the company’s stock worth $7,287,000 after purchasing an additional 63,190 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Aveanna Healthcare Trading Down 0.6 %

Aveanna Healthcare stock opened at $4.66 on Friday. The company has a fifty day simple moving average of $5.21 and a 200 day simple moving average of $4.61. Aveanna Healthcare Holdings Inc. has a 1-year low of $2.00 and a 1-year high of $6.19. The company has a market cap of $900.43 million, a P/E ratio of -13.71 and a beta of 2.20.

Aveanna Healthcare (NASDAQ:AVAH) last released its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.03. The company had revenue of $509.02 million during the quarter, compared to analyst estimates of $495.80 million. During the same period in the prior year, the firm posted ($0.05) EPS. On average, equities research analysts forecast 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.