Fort Washington Investment Advisors Inc. OH lifted its stake in shares of Privia Health Group, Inc. (NASDAQ:PRVA – Free Report) by 65.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,739,427 shares of the company’s stock after purchasing an additional 686,156 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Privia Health Group were worth $34,249,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. GAMMA Investing LLC grew its position in shares of Privia Health Group by 14.0% in the second quarter. GAMMA Investing LLC now owns 4,819 shares of the company’s stock valued at $124,000 after purchasing an additional 592 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Privia Health Group by 8.8% during the first quarter. PNC Financial Services Group Inc. now owns 10,361 shares of the company’s stock worth $213,000 after buying an additional 840 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Privia Health Group by 48.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,739 shares of the company’s stock worth $70,000 after buying an additional 889 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in Privia Health Group during the second quarter worth $26,000. Finally, Bayban acquired a new position in Privia Health Group during the fourth quarter worth $26,000. 94.48% of the stock is currently owned by hedge funds and other institutional investors.
Privia Health Group Stock Up 0.1%
Shares of Privia Health Group stock opened at $21.67 on Thursday. Privia Health Group, Inc. has a 52 week low of $18.92 and a 52 week high of $28.82. The business’s fifty day simple moving average is $20.74 and its 200-day simple moving average is $22.75. The firm has a market cap of $2.77 billion, a PE ratio of 103.20 and a beta of 0.80.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on PRVA. Citigroup restated a “buy” rating on shares of Privia Health Group in a report on Thursday, July 23rd. Canaccord Genuity Group set a $32.00 price target on shares of Privia Health Group in a research report on Friday, August 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Privia Health Group in a research report on Tuesday, September 29th. Finally, Zacks Research raised shares of Privia Health Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.
Check Out Our Latest Analysis on PRVA
Privia Health Group Profile
Privia Health Group, Inc is a physician-enablement company that supports independent medical practices through technology, administrative services and value-based care programs. The company partners with physicians and medical groups to help them manage clinical operations, improve patient outcomes and participate in alternative payment arrangements with health insurers and employers.
Its platform includes practice management and electronic health record tools, data analytics, population health management, care coordination, revenue cycle support, payer contracting and centralized administrative services.
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