Gabelli Funds LLC Purchases 43,509 Shares of VCA Inc. (WOOF)

Gabelli Funds LLC boosted its stake in shares of VCA Inc. (NASDAQ:WOOF) by 8.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 560,760 shares of the company’s stock after buying an additional 43,509 shares during the period. Gabelli Funds LLC owned about 0.68% of VCA worth $51,764,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WOOF. BlackRock Inc. increased its stake in VCA by 2,848.0% in the first quarter. BlackRock Inc. now owns 6,340,883 shares of the company’s stock valued at $580,192,000 after buying an additional 6,125,792 shares in the last quarter. Pentwater Capital Management LP purchased a new stake in VCA during the first quarter valued at approximately $214,110,000. Bank of America Corp DE increased its stake in VCA by 267.3% in the first quarter. Bank of America Corp DE now owns 2,624,862 shares of the company’s stock valued at $240,175,000 after buying an additional 1,910,155 shares in the last quarter. Morgan Stanley increased its stake in VCA by 535.1% in the first quarter. Morgan Stanley now owns 1,546,462 shares of the company’s stock valued at $141,500,000 after buying an additional 1,302,982 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in VCA by 227.7% in the first quarter. JPMorgan Chase & Co. now owns 1,206,693 shares of the company’s stock valued at $110,412,000 after buying an additional 838,452 shares in the last quarter. Hedge funds and other institutional investors own 74.12% of the company’s stock.

VCA Inc. (NASDAQ:WOOF) opened at 92.52 on Friday. VCA Inc. has a 52-week low of $59.51 and a 52-week high of $92.87. The stock has a market cap of $7.52 billion, a PE ratio of 34.77 and a beta of 1.01. The firm has a 50-day moving average price of $92.52 and a 200 day moving average price of $91.82.

VCA (NASDAQ:WOOF) last posted its earnings results on Wednesday, July 26th. The company reported $0.96 EPS for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.02. The business had revenue of $743.13 million during the quarter, compared to analyst estimates of $735.75 million. VCA had a return on equity of 15.54% and a net margin of 8.00%. During the same quarter last year, the company earned $0.87 EPS. On average, analysts forecast that VCA Inc. will post $3.20 earnings per share for the current fiscal year.

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WOOF has been the subject of several recent research reports. BidaskClub upgraded VCA from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Zacks Investment Research cut VCA from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $93.00 target price on shares of VCA in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $92.17.

VCA Company Profile

VCA Inc is an animal healthcare company operating in the United States and Canada. The Company operates through five segments: animal hospitals (Animal Hospital), veterinary diagnostic laboratories (Laboratory), veterinary medical technology (Medical Technology), Vetstreet and Camp Bow Wow Franchising, Inc (Camp Bow Wow).

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Institutional Ownership by Quarter for VCA (NASDAQ:WOOF)

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