Jane Street Group LLC Acquires 17,306 Shares of Avanos Medical, Inc. (NYSE:AVNS)

Jane Street Group LLC raised its holdings in Avanos Medical, Inc. (NYSE:AVNS) by 35.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,650 shares of the company’s stock after purchasing an additional 17,306 shares during the quarter. Jane Street Group LLC’s holdings in Avanos Medical were worth $1,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Quarry LP purchased a new position in Avanos Medical in the third quarter valued at approximately $42,000. KBC Group NV lifted its position in shares of Avanos Medical by 63.0% during the 3rd quarter. KBC Group NV now owns 2,833 shares of the company’s stock valued at $68,000 after buying an additional 1,095 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Avanos Medical during the 2nd quarter valued at $70,000. XTX Topco Ltd bought a new position in shares of Avanos Medical during the 2nd quarter worth $202,000. Finally, Intech Investment Management LLC purchased a new stake in Avanos Medical in the 3rd quarter worth about $207,000. 95.17% of the stock is owned by hedge funds and other institutional investors.

Avanos Medical Stock Up 0.9 %

AVNS stock opened at $16.16 on Friday. The stock has a 50-day simple moving average of $19.29 and a two-hundred day simple moving average of $21.23. Avanos Medical, Inc. has a twelve month low of $15.85 and a twelve month high of $25.36. The firm has a market capitalization of $742.67 million, a PE ratio of 47.53 and a beta of 0.95. The company has a quick ratio of 1.46, a current ratio of 2.22 and a debt-to-equity ratio of 0.12.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Avanos Medical from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 3rd.

About Avanos Medical

Avanos Medical, Inc, a medical technology company, offers medical device solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers a portfolio of chronic care products that include digestive health products, such as Mic-Key enteral feeding tubes, Corpak patient feeding solutions, and NeoMed neonatal and pediatric feeding solutions.