1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership grew its stake in shares of Patterson Companies, Inc. ( NASDAQ:PDCO – Free Report ) by 7.0% during the 4th quarter, HoldingsChannel reports.
The fund owned 189,646 shares of the company’s stock after buying an additional 12,447 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Patterson Companies were worth $5,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other large investors have also recently made changes to their positions in the stock.
Values First Advisors Inc. lifted its holdings in Patterson Companies by 2.9% during the 4th quarter.
Values First Advisors Inc. now owns 11,961 shares of the company’s stock worth $369,000 after purchasing an additional 337 shares in the last quarter. Anchor Investment Management LLC increased its position in shares of Patterson Companies by 20.
5% during the third quarter. Anchor Investment Management LLC now owns 2,350 shares of the company’s stock valued at $51,000 after buying an additional 400 shares during the period. Blue Trust Inc.
lifted its holdings in shares of Patterson Companies by 18.0% in the fourth quarter. Blue Trust Inc.
now owns 2,738 shares of the company’s stock worth $84,000 after buying an additional 417 shares in the last quarter. Spire Wealth Management lifted its holdings in shares of Patterson Companies by 11.2% in the fourth quarter.
Spire Wealth Management now owns 4,160 shares of the company’s stock worth $128,000 after buying an additional 419 shares in the last quarter. Finally, US Bancorp DE boosted its position in shares of Patterson Companies by 1.6% in the fourth quarter.
US Bancorp DE now owns 32,767 shares of the company’s stock valued at $1,011,000 after acquiring an additional 514 shares during the period. 85.43% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In A number of research firms recently weighed in on PDCO. Leerink Partnrs lowered shares of Patterson Companies from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 11th. StockNews.
com assumed coverage on shares of Patterson Companies in a report on Friday. They issued a “hold” rating on the stock. Robert W.
Baird lifted their price objective on Patterson Companies from $25.00 to $31.00 and gave the company a “neutral” rating in a research note on Thursday, December 12th.
Morgan Stanley upped their target price on Patterson Companies from $27.00 to $31.35 and gave the stock an “equal weight” rating in a research note on Tuesday, December 17th.
Finally, Leerink Partners reiterated a “market perform” rating and set a $31.35 price target (up previously from $29.00) on shares of Patterson Companies in a research report on Wednesday, December 11th.
Eleven analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Patterson Companies presently has a consensus rating of “Hold” and a consensus price target of $26.
57. Patterson Companies Stock Performance Shares of NASDAQ:PDCO opened at $30.85 on Tuesday.
The company has a current ratio of 1.37, a quick ratio of 0.76 and a debt-to-equity ratio of 0.
34. The company has a 50-day moving average price of $31.10 and a 200-day moving average price of $26.
99. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 18.
04, a price-to-earnings-growth ratio of 2.71 and a beta of 0.73.
Patterson Companies, Inc. has a 12 month low of $19.45 and a 12 month high of $31.
79. Patterson Companies Profile ( Free Report ) Patterson Companies, Inc engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments.
The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems. Recommended Stories Want to see what other hedge funds are holding PDCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Patterson Companies, Inc.
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