Eisler Capital Management Ltd. Makes New Investment in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Eisler Capital Management Ltd. acquired a new position in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 326,394 shares of the company’s stock, valued at approximately $1,338,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in shares of Petco Health and Wellness by 269.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,242,546 shares of the company’s stock worth $12,354,000 after buying an additional 2,365,654 shares during the last quarter. Norges Bank acquired a new position in shares of Petco Health and Wellness during the 4th quarter worth approximately $8,864,000. Bridgeway Capital Management LLC purchased a new stake in Petco Health and Wellness in the 4th quarter valued at approximately $8,604,000. Geode Capital Management LLC grew its holdings in Petco Health and Wellness by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 2,227,001 shares of the company’s stock valued at $8,487,000 after buying an additional 14,709 shares during the last quarter. Finally, Driehaus Capital Management LLC purchased a new position in Petco Health and Wellness during the fourth quarter worth $6,887,000.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Robert W. Baird decreased their price objective on Petco Health and Wellness from $5.00 to $3.50 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. Royal Bank of Canada lowered their price target on shares of Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating for the company in a report on Thursday, March 27th. The Goldman Sachs Group boosted their price objective on shares of Petco Health and Wellness from $4.00 to $4.48 and gave the company a “buy” rating in a research report on Thursday, March 27th. StockNews.com upgraded shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a research report on Thursday, March 20th. Finally, Morgan Stanley cut their price target on Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $4.11.

Petco Health and Wellness Trading Down 1.3 %

Shares of WOOF opened at $3.13 on Friday. Petco Health and Wellness Company, Inc. has a twelve month low of $1.64 and a twelve month high of $6.29. The firm has a market capitalization of $986.34 million, a P/E ratio of -7.83 and a beta of 1.74. The company has a current ratio of 0.84, a quick ratio of 0.22 and a debt-to-equity ratio of 1.40. The stock’s fifty day simple moving average is $2.90 and its 200 day simple moving average is $3.56.

About Petco Health and Wellness

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.