84,516 Shares in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Purchased by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP bought a new stake in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 84,516 shares of the company’s stock, valued at approximately $322,000.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in shares of Petco Health and Wellness by 269.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,242,546 shares of the company’s stock worth $12,354,000 after purchasing an additional 2,365,654 shares in the last quarter. Norges Bank bought a new stake in Petco Health and Wellness during the 4th quarter worth about $8,864,000. JPMorgan Chase & Co. boosted its stake in shares of Petco Health and Wellness by 328.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,761,247 shares of the company’s stock worth $8,014,000 after buying an additional 1,349,728 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Petco Health and Wellness in the 4th quarter valued at about $4,516,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Petco Health and Wellness in the fourth quarter valued at about $3,279,000.

Wall Street Analysts Forecast Growth

WOOF has been the subject of a number of analyst reports. Morgan Stanley decreased 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 research note on Tuesday, January 21st. Robert W. Baird decreased their target price on shares of Petco Health and Wellness from $5.00 to $3.50 and set a “neutral” rating for the company in a research note on Thursday, March 27th. Wedbush dropped their price target on shares of Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating on the stock in a research report on Thursday, March 27th. UBS Group decreased their price objective on shares of Petco Health and Wellness from $5.50 to $3.25 and set a “neutral” rating for the company in a research report on Thursday, March 27th. Finally, The Goldman Sachs Group upped their target price on shares of Petco Health and Wellness from $4.00 to $4.48 and gave the company a “buy” rating in a report on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Petco Health and Wellness currently has an average rating of “Moderate Buy” and an average target price of $4.11.

Petco Health and Wellness Stock Down 1.3 %

Petco Health and Wellness stock opened at $3.13 on Friday. The company’s 50-day moving average price is $2.90 and its two-hundred day moving average price is $3.55. 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 $986.34 million, a P/E ratio of -7.83 and a beta of 1.74. Petco Health and Wellness Company, Inc. has a twelve month low of $1.71 and a twelve month high of $6.29.

Petco Health and Wellness 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.