Legato Capital Management LLC Acquires Shares of 18,143 Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH)

Legato Capital Management LLC acquired a new stake in Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 18,143 shares of the company’s stock, valued at approximately $83,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AVAH. Intech Investment Management LLC acquired a new position in Aveanna Healthcare in the 3rd quarter valued at $69,000. XTX Topco Ltd acquired a new position in Aveanna Healthcare in the 3rd quarter valued at $92,000. Virtu Financial LLC acquired a new position in Aveanna Healthcare in the 3rd quarter valued at $99,000. SG Americas Securities LLC acquired a new position in Aveanna Healthcare in the 3rd quarter valued at $101,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Aveanna Healthcare by 15.7% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 25,171 shares of the company’s stock valued at $115,000 after acquiring an additional 3,407 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Aveanna Healthcare Stock Performance

Shares of AVAH opened at $4.60 on Friday. Aveanna Healthcare Holdings Inc. has a 52-week low of $2.00 and a 52-week high of $6.19. The business’s fifty day moving average is $4.73 and its 200-day moving average is $5.01. The firm has a market cap of $888.86 million, a price-to-earnings ratio of -13.53 and a beta of 2.24.

Analyst Ratings Changes

Separately, Truist Financial dropped their price objective on Aveanna Healthcare from $6.00 to $5.25 and set a “hold” rating for the company in a report on Monday, January 6th.

Aveanna Healthcare 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.