13,983 Shares in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) Bought by Arizona State Retirement System

Arizona State Retirement System acquired a new position in shares of Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,983 shares of the company’s stock, valued at approximately $64,000.

Several other institutional investors and hedge funds have also modified their holdings of AVAH. Geode Capital Management LLC increased its holdings in Aveanna Healthcare by 4.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,401,016 shares of the company’s stock worth $7,287,000 after purchasing an additional 63,190 shares in the last quarter. State Street Corp increased its holdings in Aveanna Healthcare by 0.9% in the 3rd quarter. State Street Corp now owns 1,039,920 shares of the company’s stock worth $5,408,000 after purchasing an additional 9,446 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Aveanna Healthcare by 0.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 466,706 shares of the company’s stock worth $2,133,000 after purchasing an additional 4,047 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Aveanna Healthcare by 297.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 355,340 shares of the company’s stock worth $1,848,000 after purchasing an additional 265,969 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Aveanna Healthcare in the 3rd quarter worth about $817,000. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AVAH shares. UBS Group upped their target price on Aveanna Healthcare from $3.20 to $4.50 and gave the stock a “sell” rating in a report on Friday. Truist Financial decreased their price target on Aveanna Healthcare from $6.00 to $5.25 and set a “hold” rating for the company in a research note on Monday, January 6th.

Aveanna Healthcare Trading Up 1.0 %

Shares of AVAH stock opened at $5.19 on Monday. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of -15.26 and a beta of 2.25. The stock has a 50-day moving average of $4.56 and a 200-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.

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.