PRVA

B of A Securities Downgrades Privia Health Group (PRVA)

Fintel reports that on February 22, 2024, B of A Securities downgraded their outlook for Privia Health Group (NasdaqGS:PRVA) from Buy to Neutral .

Analyst Price Forecast Suggests 62.11% Upside

As of January 19, 2024, the average one-year price target for Privia Health Group is 33.12. The forecasts range from a low of 26.26 to a high of $43.05. The average price target represents an increase of 62.11% from its latest reported closing price of 20.43.

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

The projected annual revenue for Privia Health Group is 3,348MM, an increase of 111.72%. The projected annual non-GAAP EPS is 0.16.

What is the Fund Sentiment?

There are 514 funds or institutions reporting positions in Privia Health Group. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to PRVA is 0.18%, a decrease of 5.72%. Total shares owned by institutions increased in the last three months by 1.00% to 126,879K shares. PRVA / Privia Health Group, Inc. Put/Call Ratios The put/call ratio of PRVA is 0.19, indicating a bullish outlook.

What are Other Shareholders Doing?

PRVA / Privia Health Group, Inc. Shares Held by Institutions

Durable Capital Partners holds 9,091K shares representing 7.70% ownership of the company. No change in the last quarter.

IJR - iShares Core S&P Small-Cap ETF holds 6,896K shares representing 5.84% ownership of the company. In it's prior filing, the firm reported owning 6,564K shares, representing an increase of 4.81%. The firm decreased its portfolio allocation in PRVA by 4.00% over the last quarter.

T. Rowe Price Investment Management holds 4,720K shares representing 4.00% ownership of the company. In it's prior filing, the firm reported owning 4,726K shares, representing a decrease of 0.12%. The firm decreased its portfolio allocation in PRVA by 8.01% over the last quarter.

Riverbridge Partners holds 4,595K shares representing 3.89% ownership of the company. In it's prior filing, the firm reported owning 4,247K shares, representing an increase of 7.58%. The firm decreased its portfolio allocation in PRVA by 0.82% over the last quarter.

Wellington Management Group Llp holds 4,343K shares representing 3.68% ownership of the company. In it's prior filing, the firm reported owning 4,657K shares, representing a decrease of 7.22%. The firm decreased its portfolio allocation in PRVA by 87.49% over the last quarter.

Privia Health Group Background Information
(This description is provided by the company.)

Privia Health™ is a technology-driven, national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual settings. iTS platform is led by top industry talent and exceptional physician leadership, and consists of scalable operations and end-to-end, cloud-based technology that reduces unnecessary healthcare costs, achieves better outcomes, and improves the health of patients and the well-being of providers.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

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.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.