Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in Aveanna Healthcare Holdings Inc. $AVAH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 40,105 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Integrated Quantitative Investments LLC acquired a new position in Aveanna Healthcare during the 2nd quarter worth about $167,000. Intech Investment Management LLC raised its position in shares of Aveanna Healthcare by 35.4% during the second quarter. Intech Investment Management LLC now owns 24,718 shares of the company’s stock worth $129,000 after acquiring an additional 6,469 shares during the last quarter. Creative Planning raised its position in shares of Aveanna Healthcare by 15.1% during the second quarter. Creative Planning now owns 47,025 shares of the company’s stock worth $246,000 after acquiring an additional 6,171 shares during the last quarter. Olympiad Research LP lifted its stake in shares of Aveanna Healthcare by 83.5% in the second quarter. Olympiad Research LP now owns 29,421 shares of the company’s stock worth $154,000 after acquiring an additional 13,385 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Aveanna Healthcare in the second quarter valued at approximately $322,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Aveanna Healthcare Trading Up 0.5%

NASDAQ:AVAH opened at $9.32 on Friday. Aveanna Healthcare Holdings Inc. has a 12 month low of $3.67 and a 12 month high of $10.32. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 140.39. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 25.88 and a beta of 2.04. The firm has a fifty day simple moving average of $9.03 and a two-hundred day simple moving average of $6.91.

Aveanna Healthcare (NASDAQ:AVAH) last released its quarterly earnings data on Monday, May 22nd. The company reported $0.04 earnings per share (EPS) for the quarter. Aveanna Healthcare had a net margin of 3.29% and a negative return on equity of 143.55%. The company had revenue of $450.53 million for the quarter. Analysts expect that Aveanna Healthcare Holdings Inc. will post -0.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AVAH. Wall Street Zen raised shares of Aveanna Healthcare from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. raised shares of Aveanna Healthcare from an “underweight” rating to a “neutral” rating and upped their price objective for the company from $6.00 to $10.00 in a research note on Thursday, September 18th. Jefferies Financial Group lifted their target price on shares of Aveanna Healthcare from $11.00 to $12.50 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Raymond James Financial upgraded shares of Aveanna Healthcare from a “market perform” rating to an “outperform” rating and set a $9.00 target price on the stock in a report on Monday, August 11th. Finally, Royal Bank Of Canada upped their price target on shares of Aveanna Healthcare from $8.00 to $10.00 and gave the company a “sector perform” rating in a research report on Friday, October 24th. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $10.19.

Insider Activity

In other Aveanna Healthcare news, major shareholder Paul R. Vigano sold 1,500,000 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $9.00, for a total transaction of $13,500,000.00. Following the completion of the sale, the insider owned 362,746 shares in the company, valued at approximately $3,264,714. The trade was a 80.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Robert M. Williams, Jr. sold 1,500,000 shares of the company’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $9.00, for a total transaction of $13,500,000.00. Following the transaction, the insider owned 362,746 shares in the company, valued at approximately $3,264,714. The trade was a 80.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 32,597,968 shares of company stock worth $293,381,712 over the last quarter. 7.80% of the stock is currently owned by corporate insiders.

Aveanna Healthcare Company Profile

Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.