Steward Partners Investment Advisory LLC Acquires Shares of 20,000 Avaya Holdings Corp (NYSE:AVYA)
Steward Partners Investment Advisory LLC acquired a new stake in shares of Avaya Holdings Corp (NYSE:AVYA) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 20,000 shares of the company’s stock, valued at approximately $238,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Public Employees Retirement System of Ohio grew its holdings in Avaya by 57.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 3,363 shares of the company’s stock valued at $49,000 after buying an additional 1,232 shares in the last quarter. Millennium Management LLC purchased a new stake in Avaya during the 4th quarter valued at approximately $152,000. ARP Americas LP purchased a new stake in Avaya during the 1st quarter valued at approximately $192,000. Xact Kapitalforvaltning AB purchased a new stake in Avaya during the 2nd quarter valued at approximately $138,000. Finally, Menta Capital LLC purchased a new stake in Avaya during the 1st quarter valued at approximately $218,000. 99.56% of the stock is owned by institutional investors and hedge funds.
NYSE AVYA opened at $11.80 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 1.37 and a debt-to-equity ratio of 1.45. The company has a market cap of $1.23 billion, a P/E ratio of 3.90 and a beta of 1.70. Avaya Holdings Corp has a one year low of $10.23 and a one year high of $23.40. The firm’s 50 day moving average price is $11.23.
Avaya Company Profile
Avaya Holdings Corp., through its subsidiaries, provides digital communications products, solutions, and services for businesses worldwide. The company operates through two segments, Products & Solutions, and Services. The Products & Solutions segment offers unified communications and contact center platforms, applications, and devices.
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