1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS acquired a new position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 21,500 shares of the company’s stock, valued at approximately $82,000.
Several other institutional investors have also recently modified their holdings of WOOF. New York State Common Retirement Fund increased its holdings in Petco Health and Wellness by 47.6% in the 4th quarter.
New York State Common Retirement Fund now owns 11,508 shares of the company’s stock worth $44,000 after buying an additional 3,711 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of Petco Health and Wellness in the 3rd quarter valued at $58,000. Sanctuary Advisors LLC acquired a new stake in shares of Petco Health and Wellness in the third quarter worth $66,000.
Sei Investments Co. increased its stake in shares of Petco Health and Wellness by 54.7% in the fourth quarter.
Sei Investments Co. now owns 18,009 shares of the company’s stock worth $69,000 after acquiring an additional 6,371 shares during the period. Finally, Poinciana Advisors Group LLC acquired a new position in Petco Health and Wellness during the fourth quarter valued at $77,000.
Petco Health and Wellness Trading Up 2.4 %Shares of NASDAQ:WOOF opened at $3.36 on Friday.
The business’s 50 day moving average price is $2.84 and its 200-day moving average price is $3.80.
Petco Health and Wellness Company, Inc. has a 1 year low of $1.41 and a 1 year high of $6.
29. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -8.
40 and a beta of 1.74. The company has a debt-to-equity ratio of 1.
40, a current ratio of 0.84 and a quick ratio of 0.22.
Wall Street Analyst Weigh InSeveral equities research analysts have weighed in on WOOF shares. The Goldman Sachs Group increased their price target on Petco Health and Wellness from $4.00 to $4.
48 and gave the stock a “buy” rating in a research report on Thursday, March 27th. StockNews.com upgraded Petco Health and Wellness from a “hold” rating to a “buy” rating in a research report on Thursday, March 20th.
Royal Bank of Canada lowered their price objective on Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating on the stock in a research report on Thursday, March 27th.
Wedbush dropped their price objective on shares of Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating on the stock in a research note on Thursday, March 27th.
Finally, Citigroup decreased their target price on shares of Petco Health and Wellness from $5.00 to $2.75 and set a “neutral” rating for the company in a research note on Tuesday, March 18th.
Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $4.11.
Get Our Latest Research Report on WOOFPetco Health and Wellness Profile (Free Report)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 AlsoFive stocks we like better than Petco Health and WellnessHow to Use High Beta Stocks to Maximize Your Investing ProfitsJPMorgan is a Buy, if You Can Handle The Volatility How to Profit From Growth Investing United States Steel’s Crash: An Unmissable Buying OpportunityWhat is Forex and How Does it Work? Rocket Lab Stock: Weathering the Storm, Time for a Comeback?.
