Barclays PLC trimmed its position in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) by 54.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 216,564 shares of the company's stock after selling 255,201 shares during the period. Barclays PLC owned approximately 0.07% of Petco Health and Wellness worth $985,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Petco Health and Wellness by 253.7% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,231 shares of the company's stock valued at $51,000 after acquiring an additional 8,056 shares in the last quarter. Caprock Group LLC acquired a new stake in Petco Health and Wellness during the second quarter valued at approximately $44,000. Choreo LLC acquired a new stake in Petco Health and Wellness during the second quarter valued at approximately $45,000. Quadrature Capital Ltd bought a new stake in shares of Petco Health and Wellness in the 3rd quarter valued at approximately $58,000. Finally, Frank Rimerman Advisors LLC acquired a new position in shares of Petco Health and Wellness in the 2nd quarter worth approximately $50,000.
Analyst Ratings Changes
WOOF has been the topic of several recent analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $6.00 price target on shares of Petco Health and Wellness in a research note on Friday, December 20th. Wells Fargo & Company boosted their target price on shares of Petco Health and Wellness from $3.00 to $5.00 and gave the company an "equal weight" rating in a research note on Friday, December 6th. StockNews.com upgraded shares of Petco Health and Wellness from a "hold" rating to a "buy" rating in a research report on Monday, December 9th. The Goldman Sachs Group reduced their price target on shares of Petco Health and Wellness from $5.00 to $4.00 and set a "buy" rating on the stock in a research report on Thursday, September 12th. Finally, Citigroup raised their price objective on shares of Petco Health and Wellness from $4.00 to $4.50 and gave the stock a "neutral" rating in a report on Thursday, September 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $4.25.
Get Our Latest Stock Report on Petco Health and Wellness
Petco Health and Wellness Trading Down 0.5 %
WOOF stock traded down $0.02 during trading on Tuesday, hitting $3.81. The company had a trading volume of 3,058,085 shares, compared to its average volume of 4,551,930. The firm has a 50-day moving average price of $4.37 and a 200-day moving average price of $3.92. Petco Health and Wellness Company, Inc. has a 12 month low of $1.41 and a 12 month high of $6.29. The company has a quick ratio of 0.22, a current ratio of 0.84 and a debt-to-equity ratio of 1.40. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of -9.53 and a beta of 1.89.
Petco Health and Wellness Profile
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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.
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