Norges Bank Purchases New Stake in Patterson Companies, Inc. (NASDAQ:PDCO)

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Norges Bank acquired a new position in Patterson Companies, Inc. (NASDAQ:PDCO – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 70,289 shares of the company’s stock, valued at approximately $2,169,000. Norges Bank owned 0.08% of Patterson Companies as of [...]

Norges Bank acquired a new position in Patterson Companies, Inc. ( NASDAQ:PDCO – Free Report ) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 70,289 shares of the company’s stock, valued at approximately $2,169,000.

Norges Bank owned 0.08% of Patterson Companies as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds have also added to or reduced their stakes in the stock.



Values First Advisors Inc. grew its stake in shares of 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 acquiring an additional 337 shares during the period. Anchor Investment Management LLC boosted its position in Patterson Companies by 20.

5% during the third quarter. Anchor Investment Management LLC now owns 2,350 shares of the company’s stock worth $51,000 after purchasing an additional 400 shares during the period. Blue Trust Inc.

increased its stake 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 purchasing an additional 417 shares in the last quarter. Spire Wealth Management increased its stake 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 purchasing an additional 419 shares in the last quarter. Finally, US Bancorp DE raised 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 purchasing an additional 514 shares during the period. Institutional investors own 85.43% of the company’s stock.

Patterson Companies Price Performance Shares of NASDAQ PDCO opened at $30.91 on Friday. The stock’s 50-day simple moving average is $31.

11 and its two-hundred day simple moving average is $27.31. Patterson Companies, Inc.

has a twelve month low of $19.45 and a twelve month high of $31.79.

The firm has a market capitalization of $2.73 billion, a P/E ratio of 18.08, a P/E/G ratio of 2.

71 and a beta of 0.73. The company has a quick ratio of 0.

76, a current ratio of 1.37 and a debt-to-equity ratio of 0.34.

Wall Street Analyst Weigh In Check Out Our Latest Stock Report on Patterson Companies 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.

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