Bertelsmann SE & Co. KGaA Now Owns 53.07% of Afya (AFYA)

Fintel reports that Bertelsmann SE & Co. KGaA
has filed a 13D/A form
with the SEC disclosing ownership of
38.85MM
shares of Afya Ltd (AFYA).

This represents 53.07% of the company.

In their previous filing dated February 23, 2023
they reported 37.92MM shares and 51.80% of the company,
an increase in shares of 2.46%
and
an increase in total ownership of
1.27% (calculated as current – previous percent ownership).

Analyst Price Forecast Suggests 67.34% Upside

As of March 29, 2023,
the average one-year price target for Afya is $18.16.
The forecasts range from a low of $12.62 to a high of $23.10.
The average price target represents an increase of 67.34% from its latest reported closing price of $10.85.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Afya
is $2,688MM, an increase of 15.41%.

The projected annual non-GAAP EPS
is $5.18.

What is the Fund Sentiment?

There are 107 funds or institutions reporting positions in Afya.

This is unchanged over the last quarter.

Average portfolio weight of all funds dedicated to AFYA is 0.28%,
a decrease
of 9.64%.

Total shares owned by institutions decreased
in the last three months by 17.80% to 24,999K shares.

The put/call ratio of AFYA is 1.41, indicating a

bearish
outlook.

What are Large Shareholders Doing?

Bamco
holds 3,921K shares

representing 4.36% ownership of the company.

In it’s prior filing, the firm reported owning 4,374K shares, representing
a decrease
of 11.54%.

The firm

increased

its portfolio allocation in AFYA by 7.34% over the last quarter.

Softbank Group
holds 2,433K shares

representing 2.71% ownership of the company.

No change in the last quarter.

BEXFX – Baron Emerging Markets Fund
holds 1,933K shares

representing 2.15% ownership of the company.

In it’s prior filing, the firm reported owning 2,071K shares, representing
a decrease
of 7.13%.

The firm

increased

its portfolio allocation in AFYA by 10.28% over the last quarter.

Ameriprise Financial
holds 1,435K shares

representing 1.60% ownership of the company.

In it’s prior filing, the firm reported owning 1,881K shares, representing
a decrease
of 31.08%.

The firm

decreased

its portfolio allocation in AFYA by 17.30% over the last quarter.

BGAFX – Baron Global Advantage Fund
holds 1,159K shares

representing 1.29% ownership of the company.

In it’s prior filing, the firm reported owning 1,412K shares, representing
a decrease
of 21.80%.

The firm

increased

its portfolio allocation in AFYA by 19.49% over the last quarter.

Afya Background Information
(This description is provided by the company.)

Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and offering digital products to help doctors enhance their healthcare services through their whole career.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.