Truist Financial Corp Sells 48755 Shares of Petco Health and… – MarketBeat
Truist Financial Corp reduced its position in Petco Health and Wellness Company, Inc. ( NASDAQ: WOOF – Get Rating ) by 41. 2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69, 537 shares of the company’s stock after selling 48, 755 shares during the quarter. Truist Financial Corp’s holdings in Petco Health and Wellness were worth $776, 000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Mackenzie Financial Corp increased its holdings in Petco Health and Wellness by 3. 6% in the 3rd one fourth. Mackenzie Financial Corp now owns 7, 894, 396 shares of the company’s share valued at $88, 101, 000 after buying an additional 273, 239 shares during the period. William Blair Investment Management LLC bought a new stake in shares of Petco Health and Wellness during the 2nd quarter valued at approximately $112, 312, 000. Clearbridge Investments LLC grew its holdings in shares associated with Petco Health and Wellness by 0. 6% during the 2nd quarter. Clearbridge Investments LLC right now owns 4, 461, 290 shares of the company’s stock valued at $65, 759, 000 after purchasing an extra 28, 596 shares during the last quarter. Macquarie Group Ltd. bought a new stake inside shares of Petco Health and Wellness during the 2nd quarter valued at approximately $56, 285, 000. Finally, Massachusetts Financial Services Co. MA grew the holdings in shares of Petco Health and Wellness by 0. 3% during the 2nd one fourth. Massachusetts Financial Services Co. MA now owns 2, 530, 337 shares of the company’s stock valued at $37, 297, 000 after purchasing an additional 8, 322 shares during the last quarter. 62. 27% of the stock is owned by institutional investors.
Analyst Ratings Changes
WOOF has been the topic of several research reports. UBS Group decreased their price target on shares associated with Petco Health and Wellness from $16. 00 to $12. 00 and set a “neutral” rating on the stock in a report on Thursday, December 1st. Royal Bank of Canada reduced their target cost on shares of Petco Health and Wellness from $17. 00 to $16. 00 in a report on Thursday, December 1st. Wells Fargo & Company reduced their target price on shares of Petco Health and Wellness from $19. 00 to $14. 00 and set an “overweight” ranking on the stock in a statement on Friday, November 18th. Needham & Company LLC reduced their target price on shares of Petco Health and Wellness from $30. 00 to $20. 00 and set a “buy” rating on the stock in a report on Monday, November 28th. Finally, Morgan Stanley reduced their target price on stocks of Petco Health and Wellness from $14. 00 to $12. 00 and set an “equal weight” rating on the share in a report on Tuesday, January 17th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the carrier’s stock. According to data through MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average cost target of $15. 22.
Petco Health and fitness Stock Up 2 . 8 %
Petco Health and Wellness stock opened at $10. 88 on Friday. The company includes a quick ratio of 0. 28, a current ratio associated with 0. 96 and a debt-to-equity ratio of 0. 70. Petco Health and Wellness Company, Inc. has a 12-month low of $8. 72 and a 12-month high of $22. 75. The particular firm’s fifty day moving average is $10. 04 and its 200 day shifting average is $12. 15. The company has a market capitalization of $2. 48 billion, a PE ratio associated with 34. 00, a PEG ratio of 3. seventy and a beta of 0. 86.
Petco Health and Wellness ( NASDAQ: WOOF – Get Rating ) last released its earnings results on Wednesday, November 30th. The company reported $0. 11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0. 13 by ($0. 02). Petco Health and Wellness had a net margin of 1. 46% and a return on equity of 7. 32%. The company had revenue of $1. 50 billion for the quarter, compared to analyst estimates of $1. 49 billion. During the same quarter in the previous year, the firm earned $0. 17 EPS. The firm’s revenue was up 4. 0% on a year-over-year basis. As a group, sell-side analysts predict that Petco Health and Wellness Company, Incorporation. will post 0. 62 EPS for the current fiscal year.
Petco Health and Wellness Profile
( Get Rating )
Petco Health and Wellness Company, Inc, a health and wellness company, focuses on enhancing the lives associated with pets, pet parents, and its Petco partners. 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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