14,378 Shares in Afya Limited (NASDAQ:AFYA) Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets purchased a new stake in Afya Limited (NASDAQ:AFYA - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 14,378 shares of the company's stock, valued at approximately $228,000.

Several other institutional investors have also recently added to or reduced their stakes in AFYA. Blue Trust Inc. increased its position in Afya by 296.9% in the 4th quarter. Blue Trust Inc. now owns 2,072 shares of the company's stock valued at $35,000 after acquiring an additional 1,550 shares during the period. Van ECK Associates Corp increased its position in Afya by 41.9% during the 4th quarter. Van ECK Associates Corp now owns 9,677 shares of the company's stock worth $154,000 after purchasing an additional 2,856 shares during the period. Teacher Retirement System of Texas acquired a new position in Afya during the 4th quarter worth approximately $329,000. JPMorgan Chase & Co. increased its position in Afya by 2,115.9% during the 4th quarter. JPMorgan Chase & Co. now owns 6,670 shares of the company's stock worth $106,000 after purchasing an additional 6,369 shares during the period. Finally, Wellington Management Group LLP acquired a new position in Afya during the 4th quarter worth approximately $829,000. Institutional investors and hedge funds own 88.02% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley cut Afya from an "equal weight" rating to an "underweight" rating and dropped their target price for the stock from $19.00 to $17.00 in a research report on Tuesday, March 11th. Three investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $17.60.

Afya Stock Performance

NASDAQ AFYA traded up $0.29 on Monday, hitting $18.52. 112,701 shares of the company's stock were exchanged, compared to its average volume of 125,349. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.60 and a quick ratio of 1.60. The firm's 50-day moving average price is $18.41 and its two-hundred day moving average price is $17.09. Afya Limited has a fifty-two week low of $14.52 and a fifty-two week high of $19.90. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 0.29 and a beta of 0.60.

Afya Dividend Announcement

The company also recently declared a -- dividend, which was paid on Friday, April 4th. Investors of record on Wednesday, March 26th were issued a $0.232 dividend. The ex-dividend date was Wednesday, March 26th. Afya's dividend payout ratio is currently 17.42%.

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.