Afya (NASDAQ:AFYA) Coverage Initiated at UBS Group

Research analysts at UBS Group began coverage on shares of Afya (NASDAQ:AFYA) in a research report issued on Friday, MarketBeat Ratings reports. The firm set a “neutral” rating and a $19.50 price target on the stock. UBS Group’s target price indicates a potential upside of 19.63% from the company’s previous close.

Separately, Morgan Stanley dropped their price target on shares of Afya from $21.00 to $19.00 and set an “equal weight” rating for the company in a research note on Friday, June 21st. Four analysts have rated the stock with a hold rating, According to MarketBeat, Afya presently has a consensus rating of “Hold” and a consensus price target of $21.13.

Afya Price Performance

AFYA stock opened at $16.30 on Friday. The stock’s 50 day moving average is $17.65 and its two-hundred day moving average is $18.18. Afya has a 52-week low of $14.57 and a 52-week high of $22.48. The company has a market capitalization of $1.53 billion, a PE ratio of 15.23, a P/E/G ratio of 0.46 and a beta of 0.97. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.42.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Afya in the 4th quarter valued at approximately $245,000. Lifestyle Asset Management Inc. increased its stake in Afya by 26.9% during the second quarter. Lifestyle Asset Management Inc. now owns 14,784 shares of the company’s stock valued at $261,000 after purchasing an additional 3,133 shares during the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of Afya by 136.9% during the second quarter. Cubist Systematic Strategies LLC now owns 35,254 shares of the company’s stock worth $622,000 after purchasing an additional 20,370 shares during the period. Campbell & CO Investment Adviser LLC raised its holdings in shares of Afya by 56.6% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 28,608 shares of the company’s stock worth $627,000 after purchasing an additional 10,337 shares during the period. Finally, Dodge & Cox lifted its position in shares of Afya by 7.0% in the 4th quarter. Dodge & Cox now owns 29,183 shares of the company’s stock worth $640,000 after buying an additional 1,900 shares during the last quarter. Institutional investors own 88.02% of the company’s stock.

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.