Afya Limited (NASDAQ:AFYA) Shares Purchased by State Street Corp

State Street Corp grew its holdings in shares of Afya Limited (NASDAQ:AFYA) by 118.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 73,098 shares of the company’s stock after acquiring an additional 39,592 shares during the period. State Street Corp owned about 0.08% of Afya worth $1,248,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of AFYA. Quarry LP purchased a new position in Afya in the third quarter valued at about $75,000. Point72 Asset Management L.P. acquired a new position in shares of Afya in the 3rd quarter valued at approximately $842,000. Centiva Capital LP purchased a new position in shares of Afya during the 3rd quarter valued at approximately $213,000. Erste Asset Management GmbH acquired a new stake in shares of Afya during the third quarter worth approximately $822,000. Finally, PDT Partners LLC bought a new stake in shares of Afya in the third quarter worth $481,000. 88.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group assumed coverage on shares of Afya in a research note on Tuesday, December 3rd. They set a “sell” rating and a $16.00 price objective on the stock.

Afya Price Performance

Shares of AFYA opened at $15.63 on Friday. Afya Limited has a 52 week low of $14.52 and a 52 week high of $22.48. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 12.60, a PEG ratio of 0.33 and a beta of 0.89. The stock has a 50 day moving average of $16.40 and a 200-day moving average of $16.89.

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.