Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Shares Purchased by Versor Investments LP

Versor Investments LP boosted its holdings in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) by 340.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 169,500 shares of the company’s stock after acquiring an additional 131,000 shares during the period. Versor Investments LP’s holdings in Petco Health and Wellness were worth $646,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. PDT Partners LLC acquired a new position in Petco Health and Wellness in the third quarter valued at approximately $865,000. Invenomic Capital Management LP purchased a new stake in Petco Health and Wellness in the third quarter valued at approximately $2,747,000. JPMorgan Chase & Co. raised its position in Petco Health and Wellness by 328.0% in the third quarter. JPMorgan Chase & Co. now owns 1,761,247 shares of the company’s stock valued at $8,014,000 after purchasing an additional 1,349,728 shares during the period. FMR LLC raised its position in Petco Health and Wellness by 170.9% in the third quarter. FMR LLC now owns 1,521,516 shares of the company’s stock valued at $6,923,000 after purchasing an additional 959,960 shares during the period. Finally, Principal Financial Group Inc. purchased a new stake in Petco Health and Wellness in the third quarter valued at approximately $728,000.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Royal Bank of Canada reissued an “outperform” rating and issued a $6.00 target price on shares of Petco Health and Wellness in a research report on Friday, December 20th. Morgan Stanley cut their price objective on Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Wells Fargo & Company upped their price objective on Petco Health and Wellness from $3.00 to $5.00 and gave the stock an “equal weight” rating in a research report on Friday, December 6th. Wedbush reaffirmed an “outperform” rating and set a $6.00 price objective on shares of Petco Health and Wellness in a research report on Wednesday, February 19th. Finally, StockNews.com lowered Petco Health and Wellness from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Petco Health and Wellness has a consensus rating of “Hold” and a consensus target price of $4.16.

Petco Health and Wellness Stock Performance

NASDAQ:WOOF opened at $2.69 on Friday. The firm has a market capitalization of $843.18 million, a PE ratio of -6.73 and a beta of 1.88. The business’s fifty day moving average price is $3.53 and its 200 day moving average price is $3.96. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.84 and a quick ratio of 0.22. Petco Health and Wellness Company, Inc. has a 12 month low of $1.41 and a 12 month high of $6.29.

Petco Health and Wellness Company Profile

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.