Virtu Financial LLC increased its holdings in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – free report ) by 120.7% in the fourth quarter, according to its latest 13F filing with the Securities and Exchange Commission. The fund bought an additional 59,118 shares during the quarter, bringing its holdings to 108,079 shares of the company. Virtu Financial LLC’s holdings in Petco Health and Wellness were valued at $342,000 as of the latest filing with the Securities and Exchange Commission.
Other hedge funds and institutional investors also recently modified their holdings of the company’s shares. Everhart Financial Group Inc. acquired a new stake in Petco Health and Wellness in the fourth quarter valued at approximately $41,000. FNY Investment Advisers LLC acquired a new stake in Petco Health and Wellness in the fourth quarter valued at approximately $44,000. Gray Street Capital LLC acquired a new stake in Petco Health and Wellness in the fourth quarter valued at approximately $50,000. AXQ Capital LP acquired a new stake in Petco Health and Wellness in the third quarter valued at approximately $75,000. Finally, RPO LLC acquired a new stake in Petco Health and Wellness in the fourth quarter valued at approximately $84,000.
Petco Health & Wellness shares up 5.5%
Shares of Petco Health and Wellness opened trading at $3.65 on Thursday. 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 has a 12-month low of $1.41 and a 12-month high of $9.74. The company’s 50-day moving average is $2.52 and its 200-day moving average is $2.60. The company has a market cap of $1.13 billion, a P/E ratio of -0.74 and a beta of 1.91.
Petco Health & Wellness (NASDAQ:WOOF – get free report ) announced its latest earnings results on Wednesday, May 22nd. The company reported quarterly earnings per share (EPS) of ($0.09), beating analysts’ consensus estimates of ($0.12) by $0.03. Petco Health & Wellness had a net margin of -21.27% and a return on equity of -4.22%. The company’s quarterly revenue of $1.53 billion beat the consensus estimate of $1.5 billion. Sell-side analysts expect Petco Health & Wellness Company to post EPS of -$0.24 for the current quarter.
Petco Health & Wellness Insider Activities
In other Petco Health and Wellness news, Director Cameron Breitner acquired 750,000 shares of the company’s stock in a transaction on Wednesday, May 29th. The shares were purchased at an average price of $3.14 per share, for a total transaction value of $2,355,000.00. Following the completion of the acquisition, the director now owns 750,000 shares of the company’s stock, valued at approximately $2,355,000. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.40% of the shares are owned by company insiders.
Wall Street analysts predict growth
WOOF has been the topic of many research reports. Citigroup lowered their price target on Petco Health and Wellness from $2.85 to $1.75 and gave the stock a “neutral” rating in a report on Tuesday, May 7th. Wedbush set a price target on Petco Health and Wellness at $4.00 and reaffirmed an “outperform” rating in a report on Wednesday, May 29th. Robert W. Baird lowered their price target on Petco Health and Wellness from $3.00 to $2.50 and gave the stock a “neutral” rating in a research report on Thursday, March 14th. Royal Bank raised their price target on Petco Health and Wellness from $2.70 to $3.00 and gave the stock an “outperform” rating in a research report on Friday, May 24th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price target on shares of Petco Health & Wellness in a research report on Thursday, May 23rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, and four have given a buy rating. According to data from MarketBeat.com, Petco Health & Wellness currently has a consensus rating of “hold” and a consensus target price of $3.09.
Get the latest WOOF stock report
About Petco Health and Wellness
(Free report)
Petco Health and Wellness Company, Inc. operates as a health and wellness company focused on improving the lives of pets, pet owners and Petco partners in the United States, Mexico and Puerto Rico. The company offers veterinary care, grooming, training, telemedicine, vital care and pet health insurance services, as well as veterinary services through the Vetco Mobile Clinic.
read more
Receive Petco Health and Wellness news and reviews daily –Enter your email address below to receive a concise summary of the latest news and analyst ratings on Petco Health and Wellness and related companies every day via MarketBeat.com’s free email newsletter.
