GSA Capital Partners LLP Reduces Stake in Afya Limited (NASDAQ:AFYA)

GSA Capital Partners LLP reduced its stake in Afya Limited (NASDAQ:AFYA) by 44.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,066 shares of the company’s stock after selling 24,546 shares during the quarter. GSA Capital Partners LLP’s holdings in Afya were worth $513,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its stake in shares of Afya by 19.7% in the 2nd quarter. Renaissance Technologies LLC now owns 266,500 shares of the company’s stock valued at $4,704,000 after purchasing an additional 43,800 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Afya by 45.0% in the 2nd quarter. Millennium Management LLC now owns 291,164 shares of the company’s stock valued at $5,139,000 after purchasing an additional 90,383 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in shares of Afya by 136.9% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 35,254 shares of the company’s stock valued at $622,000 after purchasing an additional 20,370 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Afya by 41.8% in the 2nd quarter. Marshall Wace LLP now owns 336,985 shares of the company’s stock valued at $5,948,000 after purchasing an additional 99,416 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Afya in the 3rd quarter valued at $417,000. 88.02% of the stock is currently owned by hedge funds and other institutional investors.

Afya Price Performance

AFYA opened at $16.27 on Wednesday. The stock’s 50-day moving average price is $16.77 and its 200 day moving average price is $17.25. Afya Limited has a 12-month low of $15.52 and a 12-month 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 $1.52 billion, a price-to-earnings ratio of 13.12, a PEG ratio of 0.33 and a beta of 0.91.

Wall Street Analyst Weigh In

Separately, UBS Group began coverage on Afya in a research note on Friday, August 30th. They issued a “neutral” rating and a $19.50 price target on the stock.

Afya 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.