State Street Corp Grows Holdings in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)

State Street Corp grew its stake in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) by 0.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,039,920 shares of the company’s stock after purchasing an additional 9,446 shares during the period. State Street Corp owned approximately 0.54% of Aveanna Healthcare worth $5,408,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Jacobs Levy Equity Management Inc. boosted its stake in shares of Aveanna Healthcare by 297.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 355,340 shares of the company’s stock worth $1,848,000 after acquiring an additional 265,969 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Aveanna Healthcare during the third quarter worth about $817,000. Renaissance Technologies LLC boosted its holdings in shares of Aveanna Healthcare by 155.8% during the second quarter. Renaissance Technologies LLC now owns 158,600 shares of the company’s stock worth $438,000 after purchasing an additional 96,600 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Aveanna Healthcare by 176.6% during the 2nd quarter. Acadian Asset Management LLC now owns 81,275 shares of the company’s stock worth $222,000 after acquiring an additional 51,890 shares during the period. Finally, Centiva Capital LP acquired a new position in Aveanna Healthcare in the third quarter valued at $138,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Aveanna Healthcare Stock Down 0.6 %

AVAH opened at $4.66 on Friday. Aveanna Healthcare Holdings Inc. has a 52-week low of $2.00 and a 52-week high of $6.19. The company has a 50 day moving average of $5.21 and a two-hundred day moving average of $4.61. 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 announced its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business had revenue of $509.02 million for the quarter, compared to analyst estimates of $495.80 million. During the same quarter in the prior year, the business earned ($0.05) earnings per share. Research analysts anticipate that Aveanna Healthcare Holdings Inc. will post -0.08 earnings per share for the current year.

Aveanna Healthcare 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.