XTX Topco Ltd purchased a new stake in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 132,266 shares of the company's stock, valued at approximately $602,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caprock Group LLC bought a new stake in shares of Petco Health and Wellness in the 2nd quarter worth approximately $44,000. Choreo LLC acquired a new stake in shares of Petco Health and Wellness during the second quarter worth $45,000. Frank Rimerman Advisors LLC acquired a new stake in shares of Petco Health and Wellness during the second quarter worth $50,000. Point72 Asia Singapore Pte. Ltd. lifted its holdings in Petco Health and Wellness by 253.7% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,231 shares of the company's stock worth $51,000 after acquiring an additional 8,056 shares in the last quarter. Finally, nVerses Capital LLC bought a new position in Petco Health and Wellness during the second quarter worth about $52,000.
Analyst Upgrades and Downgrades
WOOF has been the topic of a number of recent analyst reports. Citigroup boosted their price target on Petco Health and Wellness from $4.00 to $4.50 and gave the stock a "neutral" rating in a research report on Thursday, September 12th. Wells Fargo & Company upped their target price on Petco Health and Wellness from $3.00 to $5.00 and gave the stock an "equal weight" rating in a research note on Friday, December 6th. The Goldman Sachs Group decreased their price objective on Petco Health and Wellness from $5.00 to $4.00 and set a "buy" rating for the company in a report on Thursday, September 12th. Royal Bank of Canada raised their target price on Petco Health and Wellness from $5.00 to $6.00 and gave the company an "outperform" rating in a research note on Friday, December 6th. Finally, StockNews.com upgraded shares of Petco Health and Wellness from a "hold" rating to a "buy" rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $4.16.
Read Our Latest Analysis on Petco Health and Wellness
Petco Health and Wellness Trading Down 2.6 %
NASDAQ:WOOF traded down $0.12 during trading hours on Friday, reaching $4.45. The stock had a trading volume of 4,300,509 shares, compared to its average volume of 4,572,346. Petco Health and Wellness Company, Inc. has a 52 week low of $1.41 and a 52 week high of $6.29. The company has a 50 day moving average price of $4.59 and a two-hundred day moving average price of $3.88. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.22 and a current ratio of 0.84.
Petco Health and Wellness (NASDAQ:WOOF - Get Free Report) last announced its quarterly earnings data on Tuesday, September 10th. The company reported ($0.02) EPS for the quarter, hitting analysts' consensus estimates of ($0.02). The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.53 billion. Petco Health and Wellness had a negative return on equity of 5.40% and a negative net margin of 1.77%. The firm's revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.01) earnings per share. As a group, equities analysts forecast that Petco Health and Wellness Company, Inc. will post -0.22 EPS for the current fiscal year.
Petco Health and Wellness Company 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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