Auna SA’s (NYSE:AUNA) Quiet Period Will End Tomorrow

Auna’s (NYSE:AUNA) quiet period will expire on Wednesday, May 1st. Auna had issued 30,000,000 shares in its IPO on March 22nd. The total size of the offering was $360,000,000 based on an initial share price of $12.00. During Auna’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AUNA. Citigroup began coverage on shares of Auna in a report on Tuesday, April 16th. They set a “buy” rating and a $14.00 price objective on the stock. HSBC began coverage on shares of Auna in a report on Tuesday, April 23rd. They set a “buy” rating and a $12.60 price objective on the stock. JPMorgan Chase & Co. began coverage on shares of Auna in a report on Tuesday, April 16th. They set an “overweight” rating and a $16.00 price objective on the stock. Finally, Morgan Stanley began coverage on shares of Auna in a report on Tuesday, April 16th. They set an “overweight” rating and a $14.00 price objective on the stock.

Auna Stock Performance

Shares of AUNA stock opened at $6.93 on Tuesday. Auna has a 1 year low of $6.17 and a 1 year high of $10.85.

Institutional Investors Weigh In On Auna

A hedge fund recently bought a new stake in Auna stock. Verde Servicos Internacionais S.A. purchased a new stake in Auna SA (NYSE:AUNA) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 325,000 shares of the company’s stock, valued at approximately $3,461,000. Auna comprises 1.3% of Verde Servicos Internacionais S.A.’s holdings, making the stock its 19th largest holding. Verde Servicos Internacionais S.A. owned 0.44% of Auna at the end of the most recent reporting period.

About Auna

Auna SA, a healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia. The company provides prepaid healthcare plans in Peru; and dental and vision plans in Mexico. The company was founded in 1989 and is based in Luxembourg, Luxembourg.