Auna SA’s (NYSE:AUNA) Lock-Up Period Set To End on September 18th

Auna’s (NYSE:AUNA) lock-up period will expire on Wednesday, September 18th. Auna had issued 30,000,000 shares in its initial public offering on March 22nd. The total size of the offering was $360,000,000 based on an initial share price of $12.00. After the end of Auna’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lowered their price target on Auna from $16.00 to $14.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 20th.

Auna Trading Down 1.0 %

Shares of Auna stock opened at $7.20 on Wednesday. Auna has a one year low of $6.17 and a one year high of $10.85. The company has a current ratio of 0.89, a quick ratio of 0.82 and a debt-to-equity ratio of 1.94. The stock’s 50 day moving average is $7.75.

Auna (NYSE:AUNA) last announced its quarterly earnings data on Wednesday, August 21st. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). The company had revenue of $292.00 million during the quarter, compared to analysts’ expectations of $299.17 million. Analysts forecast that Auna will post 0.41 earnings per share for the current year.

Institutional Investors Weigh In On Auna

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in shares of Auna in the first quarter valued at $6,899,000. Verde Servicos Internacionais S.A. acquired a new position in shares of Auna during the 1st quarter worth about $3,461,000. Fiera Capital Corp boosted its position in shares of Auna by 22.9% during the 2nd quarter. Fiera Capital Corp now owns 1,285,894 shares of the company’s stock worth $10,287,000 after acquiring an additional 239,371 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Auna during the 2nd quarter worth about $1,148,000. Finally, Capstone Investment Advisors LLC purchased a new stake in shares of Auna in the 1st quarter valued at about $1,410,000.

About Auna

Auna SA, a healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia. The company provides prepaid healthcare plans in Peru; and dental and vision plans in Mexico. The company was founded in 1989 and is based in Luxembourg, Luxembourg.