Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) Shares Acquired by Catalyst Funds Management Pty Ltd

Catalyst Funds Management Pty Ltd grew its holdings in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) by 321.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,800 shares of the company’s stock after buying an additional 9,000 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in Aveanna Healthcare were worth $54,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Intech Investment Management LLC acquired a new stake in shares of Aveanna Healthcare in the third quarter valued at about $69,000. Arizona State Retirement System acquired a new stake in shares of Aveanna Healthcare in the fourth quarter valued at about $64,000. XTX Topco Ltd acquired a new stake in shares of Aveanna Healthcare in the third quarter valued at about $92,000. Legato Capital Management LLC acquired a new stake in shares of Aveanna Healthcare in the fourth quarter valued at about $83,000. Finally, Virtu Financial LLC acquired a new stake in shares of Aveanna Healthcare in the third quarter valued at about $99,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Aveanna Healthcare Price Performance

Shares of AVAH stock opened at $5.19 on Monday. The firm has a market cap of $1.00 billion, a PE ratio of -15.26 and a beta of 2.25. The company has a 50-day moving average of $4.56 and a two-hundred day moving average of $4.96. Aveanna Healthcare Holdings Inc. has a 1-year low of $2.11 and a 1-year high of $6.19.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Truist Financial cut their price objective on shares of Aveanna Healthcare from $6.00 to $5.25 and set a “hold” rating for the company in a research report on Monday, January 6th. UBS Group raised their price objective on shares of Aveanna Healthcare from $3.20 to $4.50 and gave the stock a “sell” rating in a research report on Friday.

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.