1 week Ago By Defense World Staff
Norges Bank acquired a new position in shares of Petco Health and Wellness Company, Inc. ( NASDAQ:WOOF – Free Report ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,326,466 shares of the company’s stock, valued at approximately $8,864,000.
Norges Bank owned about 0.74% of Petco Health and Wellness at the end of the most recent reporting period. Several other institutional investors have also recently made changes to their positions in WOOF.
Geode Capital Management LLC grew its position in Petco Health and Wellness by 9.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,212,292 shares of the company’s stock worth $10,068,000 after purchasing an additional 186,230 shares in the last quarter.
JPMorgan Chase & Co. increased its position in shares of Petco Health and Wellness by 328.0% during the third quarter.
JPMorgan Chase & Co. now owns 1,761,247 shares of the company’s stock valued at $8,014,000 after acquiring an additional 1,349,728 shares during the last quarter. FMR LLC lifted its holdings in Petco Health and Wellness by 170.
9% during the third quarter. FMR LLC now owns 1,521,516 shares of the company’s stock worth $6,923,000 after acquiring an additional 959,960 shares during the period. Connor Clark & Lunn Investment Management Ltd.
grew its stake in Petco Health and Wellness by 26.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 1,368,751 shares of the company’s stock valued at $5,215,000 after purchasing an additional 289,629 shares during the period. Finally, Empowered Funds LLC purchased a new stake in shares of Petco Health and Wellness during the 4th quarter valued at $4,516,000. Wall Street Analysts Forecast Growth A number of brokerages recently weighed in on WOOF.
Morgan Stanley cut their price target on shares of Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st.
Citigroup decreased their price target 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.
StockNews.com raised Petco Health and Wellness from a “hold” rating to a “buy” rating in a research report on Thursday, March 20th. Royal Bank of Canada decreased their target price on Petco Health and Wellness from $6.
00 to $4.00 and set an “outperform” rating for the company in a research report on Thursday, March 27th. Finally, The Goldman Sachs Group upped their price target on Petco Health and Wellness from $4.
00 to $4.48 and gave the company a “buy” rating in a research report on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock.
According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $4.11.
Petco Health and Wellness Stock Performance Shares of WOOF opened at $2.97 on Wednesday. Petco Health and Wellness Company, Inc.
has a 52-week low of $1.41 and a 52-week high of $6.29.
The stock’s 50-day simple moving average is $2.85 and its 200 day simple moving average is $3.83.
The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.22 and a current ratio of 0.
84. The stock has a market capitalization of $930.94 million, a price-to-earnings ratio of -7.
43 and a beta of 1.74. Petco 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 Also Five stocks we like better than Petco Health and Wellness How to start investing in penny stocks Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential The How And Why of Investing in Oil Stocks Qualcomm Breaks Down But RSI Signals It’s Severely Oversold What is the Australian Securities Exchange (ASX) Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy Want to see what other hedge funds are holding WOOF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Petco Health and Wellness Company, Inc.
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