Susquehanna Fundamental Investments LLC Takes Position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Susquehanna Fundamental Investments LLC bought a new position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 860,567 shares of the company’s stock, valued at approximately $3,279,000.

A number of other institutional investors have also bought and sold shares of the business. Dimensional Fund Advisors LP boosted its position in shares of Petco Health and Wellness by 269.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,242,546 shares of the company’s stock worth $12,354,000 after acquiring an additional 2,365,654 shares during the last quarter. Norges Bank bought a new position in shares of Petco Health and Wellness during the 4th quarter valued at about $8,864,000. Geode Capital Management LLC grew its position in shares of Petco Health and Wellness by 0.7% during the fourth quarter. Geode Capital Management LLC now owns 2,227,001 shares of the company’s stock valued at $8,487,000 after purchasing an additional 14,709 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 worth $8,014,000 after purchasing an additional 1,349,728 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Petco Health and Wellness by 26.8% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,368,751 shares of the company’s stock worth $5,215,000 after buying an additional 289,629 shares in the last quarter.

Analysts Set New Price Targets

WOOF has been the topic of a number of research reports. UBS Group reduced their price objective on Petco Health and Wellness from $5.50 to $3.25 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. Morgan Stanley decreased their price target on shares of Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. The Goldman Sachs Group lifted their price objective on shares of Petco Health and Wellness from $4.00 to $4.48 and gave the stock a “buy” rating in a research note on Thursday, March 27th. 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 on the stock in a research report on Thursday, March 27th. Finally, Wedbush dropped their price target on Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating for the company in a research 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 company. Based on data from MarketBeat.com, Petco Health and Wellness has an average rating of “Moderate Buy” and a consensus price target of $4.11.

Petco Health and Wellness Stock Down 4.4 %

Shares of NASDAQ:WOOF opened at $3.02 on Wednesday. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.84 and a quick ratio of 0.22. The business has a 50 day simple moving average of $2.84 and a two-hundred day simple moving average of $3.64. Petco Health and Wellness Company, Inc. has a 1 year low of $1.50 and a 1 year high of $6.29. The firm has a market capitalization of $951.68 million, a PE ratio of -7.55 and a beta of 1.74.

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.