Rpo LLC Invests $84,000 in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Rpo LLC bought a new position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOFFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 26,667 shares of the company’s stock, valued at approximately $84,000.

Several other hedge funds also recently made changes to their positions in WOOF. Bank of New York Mellon Corp increased its holdings in shares of Petco Health and Wellness by 1.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 382,413 shares of the company’s stock valued at $1,564,000 after purchasing an additional 5,695 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in shares of Petco Health and Wellness by 117.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 22,318 shares of the company’s stock valued at $91,000 after purchasing an additional 12,076 shares in the last quarter. Versor Investments LP increased its holdings in shares of Petco Health and Wellness by 108.9% in the 3rd quarter. Versor Investments LP now owns 98,759 shares of the company’s stock valued at $404,000 after purchasing an additional 51,474 shares in the last quarter. Barclays PLC increased its holdings in shares of Petco Health and Wellness by 112.7% in the 3rd quarter. Barclays PLC now owns 145,570 shares of the company’s stock valued at $594,000 after purchasing an additional 77,118 shares in the last quarter. Finally, Quantbot Technologies LP increased its holdings in shares of Petco Health and Wellness by 2,727.7% in the 3rd quarter. Quantbot Technologies LP now owns 287,884 shares of the company’s stock valued at $1,177,000 after purchasing an additional 277,703 shares in the last quarter.

Petco Health and Wellness Trading Down 10.2 %

Shares of NASDAQ WOOF traded down $0.35 during midday trading on Wednesday, reaching $3.07. 1,931,554 shares of the stock were exchanged, compared to its average volume of 4,514,792. The company has a market capitalization of $943.63 million, a P/E ratio of -0.63 and a beta of 1.27. Petco Health and Wellness Company, Inc. has a 52-week low of $1.41 and a 52-week high of $9.74. The company has a current ratio of 0.85, a quick ratio of 0.21 and a debt-to-equity ratio of 1.35. The stock has a 50 day moving average price of $2.01 and a 200-day moving average price of $2.60.

Petco Health and Wellness (NASDAQ:WOOFGet Free Report) last released its earnings results on Wednesday, March 13th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. Petco Health and Wellness had a negative net margin of 21.27% and a negative return on equity of 4.22%. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the company earned $0.17 earnings per share. The company’s quarterly revenue was up 6.1% on a year-over-year basis. Equities research analysts expect that Petco Health and Wellness Company, Inc. will post -0.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

WOOF has been the subject of a number of research analyst reports. Citigroup cut their price target on shares of Petco Health and Wellness from $2.85 to $1.75 and set a “neutral” rating for the company in a report on Tuesday, May 7th. Robert W. Baird dropped their target price on shares of Petco Health and Wellness from $3.00 to $2.50 and set a “neutral” rating for the company in a report on Thursday, March 14th. UBS Group raised their target price on shares of Petco Health and Wellness from $2.50 to $3.25 and gave the company a “neutral” rating in a report on Thursday, May 23rd. Bank of America restated an “underperform” rating and set a $1.50 target price (down from $5.00) on shares of Petco Health and Wellness in a report on Tuesday, April 2nd. Finally, Wells Fargo & Company dropped their target price on shares of Petco Health and Wellness from $3.00 to $2.00 and set an “equal weight” rating for the company in a report on Monday, March 25th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $3.09.

View Our Latest Research Report on WOOF

Petco Health and Wellness Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Petco Health and Wellness (NASDAQ:WOOF)

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