Two Sigma Investments LP Cuts Stock Holdings in Afya Limited (NASDAQ:AFYA)

Two Sigma Investments LP lessened its position in shares of Afya Limited (NASDAQ:AFYA - Free Report) by 16.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,084 shares of the company's stock after selling 14,581 shares during the period. Two Sigma Investments LP owned about 0.08% of Afya worth $1,145,000 as of its most recent SEC filing.

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

Afya Stock Performance

AFYA traded down $0.28 on Friday, reaching $17.52. The company had a trading volume of 49,410 shares, compared to its average volume of 124,683. Afya Limited has a 1 year low of $14.52 and a 1 year high of $19.90. The stock has a market capitalization of $1.64 billion, a PE ratio of 14.13, a P/E/G ratio of 0.29 and a beta of 0.60. 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 stock has a 50-day moving average price of $18.40 and a 200-day moving average price of $17.13.

Afya Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Morgan Stanley cut shares of Afya from an "equal weight" rating to an "underweight" rating and reduced their price target for the company from $19.00 to $17.00 in a research report on Tuesday, March 11th. Wall Street Zen cut shares of Afya from a "buy" rating to a "hold" rating in a research report on Friday. Three investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Based on data from MarketBeat.com, Afya currently has an average rating of "Hold" and a consensus target price of $17.60.

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.