Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Position Lowered by Barclays PLC

Barclays PLC reduced its position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) by 54.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 216,564 shares of the company’s stock after selling 255,201 shares during the quarter. Barclays PLC’s holdings in Petco Health and Wellness were worth $985,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of WOOF. Holocene Advisors LP raised its position in shares of Petco Health and Wellness by 8.7% during the 3rd quarter. Holocene Advisors LP now owns 7,557,293 shares of the company’s stock valued at $34,386,000 after acquiring an additional 602,602 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Petco Health and Wellness by 82.1% in the 2nd quarter. AQR Capital Management LLC now owns 6,549,366 shares of the company’s stock worth $22,661,000 after buying an additional 2,953,667 shares during the last quarter. Marshall Wace LLP grew its position in shares of Petco Health and Wellness by 47.3% during the 2nd quarter. Marshall Wace LLP now owns 3,401,248 shares of the company’s stock valued at $12,857,000 after buying an additional 1,092,204 shares during the last quarter. Millennium Management LLC raised its stake in Petco Health and Wellness by 233.7% during the second quarter. Millennium Management LLC now owns 2,679,132 shares of the company’s stock worth $10,127,000 after acquiring an additional 1,876,233 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Petco Health and Wellness by 9.2% in the third quarter. Geode Capital Management LLC now owns 2,212,292 shares of the company’s stock worth $10,068,000 after acquiring an additional 186,230 shares during the last quarter.

Petco Health and Wellness Stock Up 1.1 %

WOOF opened at $3.81 on Wednesday. The stock’s fifty day moving average is $4.25 and its 200-day moving average is $3.95. Petco Health and Wellness Company, Inc. has a one year low of $1.41 and a one year high of $6.29. The company has a market capitalization of $1.19 billion, a PE ratio of -9.53 and a beta of 1.90. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.22 and a current ratio of 0.84.

Analyst Upgrades and Downgrades

Several research firms have recently commented on WOOF. Royal Bank of Canada reaffirmed an “outperform” rating and set a $6.00 target price on shares of Petco Health and Wellness in a report on Friday, December 20th. Morgan Stanley boosted their price target on shares of Petco Health and Wellness from $3.00 to $6.00 and gave the company an “equal weight” rating in a report on Friday, December 6th. Wells Fargo & Company lifted their price objective on shares of Petco Health and Wellness from $3.00 to $5.00 and gave the company an “equal weight” rating in a research report on Friday, December 6th. StockNews.com upgraded shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Finally, Wedbush lifted their price target on Petco Health and Wellness from $5.50 to $6.00 and gave the company an “outperform” rating in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Petco Health and Wellness currently has a consensus rating of “Hold” and a consensus target price of $4.25.

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.