Afya (NASDAQ:AFYA) Now Covered by Analysts at UBS Group

UBS Group assumed coverage on shares of Afya (NASDAQ:AFYA) in a report released on Friday, MarketBeat Ratings reports. The firm issued a neutral rating and a $19.50 price objective on the stock.

Separately, Morgan Stanley reduced their target price on Afya from $21.00 to $19.00 and set an equal weight rating on the stock in a report on Friday, June 21st. Four research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of Hold and a consensus price target of $21.13.

Afya Stock Down 5.8 %

Shares of AFYA opened at $16.30 on Friday. The company has a market capitalization of $1.53 billion, a PE ratio of 15.23, a PEG ratio of 0.46 and a beta of 0.97. The stock’s 50-day moving average price is $17.66 and its two-hundred day moving average price is $18.22. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.42. Afya has a 12 month low of $14.57 and a 12 month high of $22.48.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Dodge & Cox boosted its position in shares of Afya by 7.0% during the 4th quarter. Dodge & Cox now owns 29,183 shares of the company’s stock valued at $640,000 after purchasing an additional 1,900 shares in the last quarter. Lifestyle Asset Management Inc. boosted its holdings in shares of Afya by 26.9% during the 2nd quarter. Lifestyle Asset Management Inc. now owns 14,784 shares of the company’s stock worth $261,000 after buying an additional 3,133 shares in the last quarter. Renaissance Group LLC grew its position in shares of Afya by 6.1% during the 4th quarter. Renaissance Group LLC now owns 149,137 shares of the company’s stock worth $3,271,000 after buying an additional 8,524 shares during the period. Campbell & CO Investment Adviser LLC grew its position in shares of Afya by 56.6% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 28,608 shares of the company’s stock worth $627,000 after buying an additional 10,337 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Afya in the 4th quarter valued at $245,000. 88.02% of the stock is owned by institutional investors.

About Afya

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.