Dynamic Technology Lab Private Ltd boosted its position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – Free Report) by 32.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 107,086 shares of the company’s stock after purchasing an additional 26,411 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Petco Health and Wellness were worth $338,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC boosted its position in Petco Health and Wellness by 73.4% in the third quarter. AQR Capital Management LLC now owns 5,225,206 shares of the company’s stock worth $21,084,000 after purchasing an additional 2,210,988 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in Petco Health and Wellness in the third quarter worth about $1,574,000. Vanguard Group Inc. boosted its position in Petco Health and Wellness by 3.0% in the third quarter. Vanguard Group Inc. now owns 7,717,125 shares of the company’s stock worth $31,563,000 after purchasing an additional 227,704 shares during the last quarter. Graham Capital Management L.P. purchased a new position in Petco Health and Wellness in the third quarter worth about $436,000. Finally, FMR LLC boosted its position in Petco Health and Wellness by 216.2% in the third quarter. FMR LLC now owns 604,446 shares of the company’s stock worth $2,472,000 after purchasing an additional 413,295 shares during the last quarter.
Petco Health and Wellness Trading Up 12.9 %
NASDAQ:WOOF opened at $3.58 on Monday. The company has a quick ratio of 0.21, a current ratio of 0.85 and a debt-to-equity ratio of 1.35. Petco Health and Wellness Company, Inc. has a 1 year low of $1.41 and a 1 year high of $9.74. The stock’s 50 day simple moving average is $1.95 and its two-hundred day simple moving average is $2.60.
Petco Health and Wellness (NASDAQ:WOOF – Get Free Report) last released its quarterly earnings data on Wednesday, March 13th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Petco Health and Wellness had a negative return on equity of 4.22% and a negative net margin of 21.27%. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the company posted $0.17 EPS. The company’s revenue was up 6.1% compared to the same quarter last year. As a group, analysts anticipate that Petco Health and Wellness Company, Inc. will post -0.23 earnings per share for the current year.
Analyst Ratings Changes
Several research analysts have recently commented on the company. Wedbush raised their price objective on Petco Health and Wellness from $3.00 to $4.00 and gave the stock an “outperform” rating in a research note on Thursday. Robert W. Baird decreased their price objective on Petco Health and Wellness from $3.00 to $2.50 and set a “neutral” rating on the stock in a research note on Thursday, March 14th. Wells Fargo & Company decreased their price objective on Petco Health and Wellness from $3.00 to $2.00 and set an “equal weight” rating on the stock in a research note on Monday, March 25th. Bank of America reaffirmed an “underperform” rating and issued a $1.50 price objective (down previously from $5.00) on shares of Petco Health and Wellness in a research note on Tuesday, April 2nd. Finally, Royal Bank of Canada raised their price objective on Petco Health and Wellness from $2.70 to $3.00 and gave the stock an “outperform” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $3.09.
Read Our Latest Analysis on Petco Health and Wellness
Petco Health and Wellness Profile
Petco Health and Wellness Company, Inc, operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics.
See Also
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