State Street Corp Purchases 39,592 Shares of Afya Limited (NASDAQ:AFYA)

State Street Corp increased its holdings in Afya Limited (NASDAQ:AFYA - Free Report) by 118.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,098 shares of the company's stock after acquiring an additional 39,592 shares during the period. State Street Corp owned about 0.08% of Afya worth $1,248,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AFYA. Quarry LP purchased a new position in Afya during the 3rd quarter worth $75,000. Point72 Asset Management L.P. purchased a new position in Afya during the third quarter worth about $842,000. Centiva Capital LP bought a new stake in Afya in the 3rd quarter worth about $213,000. Erste Asset Management GmbH purchased a new stake in Afya in the 3rd quarter valued at about $822,000. Finally, PDT Partners LLC bought a new position in shares of Afya during the 3rd quarter worth approximately $481,000. Institutional investors own 88.02% of the company's stock.

Afya Stock Performance

NASDAQ AFYA traded down $0.63 during trading hours on Friday, reaching $15.00. 71,098 shares of the company were exchanged, compared to its average volume of 70,149. The stock has a market capitalization of $1.41 billion, a P/E ratio of 12.10, a P/E/G ratio of 0.33 and a beta of 0.89. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.51. Afya Limited has a 1 year low of $14.52 and a 1 year high of $22.48. The business's 50 day simple moving average is $16.37 and its 200-day simple moving average is $16.89.

Analyst Ratings Changes

Separately, The Goldman Sachs Group began coverage on Afya in a report on Tuesday, December 3rd. They issued a "sell" rating and a $16.00 target price for the company.

Afya Company 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.