Afya (NASDAQ:AFYA) Lowered to Hold Rating by Wall Street Zen

Afya (NASDAQ:AFYA - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.

Separately, UBS Group reiterated a "neutral" rating and issued a $19.50 target price (up from $17.50) on shares of Afya in a research note on Thursday, June 12th. Three investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $17.60.

Afya Trading Down 1.1%

Shares of AFYA stock opened at $14.47 on Friday. The business's 50 day moving average is $17.28 and its two-hundred day moving average is $17.35. Afya has a twelve month low of $14.41 and a twelve month high of $19.90. The company has a market capitalization of $1.36 billion, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 0.52 and a beta of 0.58. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.41.

Institutional Trading of Afya

A number of institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio boosted its stake in shares of Afya by 40.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,800 shares of the company's stock valued at $44,000 after buying an additional 800 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Afya by 3.7% in the fourth quarter. Jane Street Group LLC now owns 56,341 shares of the company's stock valued at $895,000 after buying an additional 2,032 shares in the last quarter. Dodge & Cox boosted its stake in shares of Afya by 7.1% in the fourth quarter. Dodge & Cox now owns 31,262 shares of the company's stock valued at $496,000 after buying an additional 2,079 shares in the last quarter. Perpetual Ltd boosted its stake in shares of Afya by 1.8% in the second quarter. Perpetual Ltd now owns 151,180 shares of the company's stock valued at $2,700,000 after buying an additional 2,730 shares in the last quarter. Finally, Aquatic Capital Management LLC boosted its stake in shares of Afya by 47.6% in the fourth quarter. Aquatic Capital Management LLC now owns 9,300 shares of the company's stock valued at $148,000 after buying an additional 3,000 shares in the last quarter. 88.02% of the stock is currently owned by hedge funds and other 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.

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