Lifestyle Asset Management Inc. Increases Position in Afya Limited (NASDAQ:AFYA)

Lifestyle Asset Management Inc. raised its position in shares of Afya Limited (NASDAQ:AFYA) by 5.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,682 shares of the company’s stock after purchasing an additional 929 shares during the period. Lifestyle Asset Management Inc.’s holdings in Afya were worth $281,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AFYA. Marshall Wace LLP raised its holdings in shares of Afya by 41.8% during the 2nd quarter. Marshall Wace LLP now owns 336,985 shares of the company’s stock valued at $5,948,000 after buying an additional 99,416 shares in the last quarter. Millennium Management LLC grew its position in Afya by 45.0% during the second quarter. Millennium Management LLC now owns 291,164 shares of the company’s stock valued at $5,139,000 after acquiring an additional 90,383 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Afya by 19.7% during the second quarter. Renaissance Technologies LLC now owns 266,500 shares of the company’s stock worth $4,704,000 after acquiring an additional 43,800 shares in the last quarter. State Street Corp lifted its holdings in shares of Afya by 118.2% in the 3rd quarter. State Street Corp now owns 73,098 shares of the company’s stock worth $1,248,000 after acquiring an additional 39,592 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in shares of Afya in the 3rd quarter valued at $842,000. Institutional investors own 88.02% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Afya from $25.00 to $20.50 and set a “neutral” rating on the stock in a research report on Friday, January 17th. The Goldman Sachs Group initiated coverage on Afya in a report on Tuesday, December 3rd. They issued a “sell” rating and a $16.00 price objective on the stock. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $19.60.

Afya Trading Up 0.6 %

NASDAQ:AFYA opened at $15.84 on Friday. The firm has a market capitalization of $1.48 billion, a P/E ratio of 12.77, a P/E/G ratio of 0.26 and a beta of 0.89. Afya Limited has a 52 week low of $14.52 and a 52 week high of $22.24. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $15.81 and a 200 day moving average of $16.71.

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.