Trinity Financial Advisors LLC Makes New $261,000 Investment in P3 Health Partners Inc. (NASDAQ:PIII)

Trinity Financial Advisors LLC purchased a new position in shares of P3 Health Partners Inc. (NASDAQ:PIII) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,043,537 shares of the company’s stock, valued at approximately $261,000. Trinity Financial Advisors LLC owned approximately 0.29% of P3 Health Partners at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Renaissance Technologies LLC lifted its holdings in shares of P3 Health Partners by 188.1% in the second quarter. Renaissance Technologies LLC now owns 111,800 shares of the company’s stock valued at $50,000 after purchasing an additional 73,000 shares in the last quarter. Geode Capital Management LLC lifted its stake in P3 Health Partners by 115.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,029,259 shares of the company’s stock valued at $398,000 after buying an additional 550,925 shares in the last quarter. Finally, Armistice Capital LLC acquired a new stake in P3 Health Partners during the 2nd quarter valued at $3,557,000. Hedge funds and other institutional investors own 7.75% of the company’s stock.

P3 Health Partners Trading Down 3.0 %

Shares of P3 Health Partners stock traded down $0.01 during trading hours on Friday, reaching $0.22. 294,500 shares of the company’s stock were exchanged, compared to its average volume of 455,983. The firm has a market capitalization of $77.18 million, a price-to-earnings ratio of -0.26 and a beta of 1.00. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11. P3 Health Partners Inc. has a 52-week low of $0.18 and a 52-week high of $1.36. The company has a fifty day moving average of $0.24 and a 200-day moving average of $0.40.

Analyst Upgrades and Downgrades

Separately, TD Cowen cut their price target on P3 Health Partners from $0.90 to $0.25 and set a “hold” rating for the company in a report on Wednesday, November 20th.

P3 Health Partners Profile

P3 Health Partners Inc, a patient-centered and physician-led population health management company, provides superior care services in the United States. It operates clinics and wellness centers. P3 Health Partners Inc was founded in 2020 and is based in Henderson, Nevada.