Barclays PLC Raises Stock Position in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)

Barclays PLC grew its stake in shares of Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) by 80.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,689 shares of the company’s stock after acquiring an additional 54,557 shares during the period. Barclays PLC’s holdings in Aveanna Healthcare were worth $637,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in Aveanna Healthcare by 6.6% during the second quarter. Bank of New York Mellon Corp now owns 149,761 shares of the company’s stock worth $413,000 after purchasing an additional 9,243 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Aveanna Healthcare by 176.6% in the 2nd quarter. Acadian Asset Management LLC now owns 81,275 shares of the company’s stock worth $222,000 after buying an additional 51,890 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Aveanna Healthcare by 155.8% in the 2nd quarter. Renaissance Technologies LLC now owns 158,600 shares of the company’s stock worth $438,000 after buying an additional 96,600 shares in the last quarter. Mackenzie Financial Corp grew its stake in Aveanna Healthcare by 35.9% in the 2nd quarter. Mackenzie Financial Corp now owns 45,674 shares of the company’s stock valued at $126,000 after acquiring an additional 12,075 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in Aveanna Healthcare during the 3rd quarter valued at about $101,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Aveanna Healthcare Price Performance

Shares of NASDAQ AVAH opened at $4.57 on Thursday. The firm’s 50-day moving average is $5.18 and its two-hundred day moving average is $4.66. The company has a market capitalization of $883.04 million, a PE ratio of -13.44 and a beta of 2.20. Aveanna Healthcare Holdings Inc. has a 12-month low of $2.00 and a 12-month high of $6.19.

Aveanna Healthcare (NASDAQ:AVAH) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.03. The company had revenue of $509.02 million during the quarter, compared to analysts’ expectations of $495.80 million. During the same quarter in the prior year, the company earned ($0.05) earnings per share. On average, analysts forecast that Aveanna Healthcare Holdings Inc. will post -0.08 EPS for the current fiscal year.

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.