Swiss National Bank Acquires 4,800 Shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Swiss National Bank raised its stake in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 186,100 shares of the company’s stock after acquiring an additional 4,800 shares during the quarter. Swiss National Bank’s holdings in Petco Health and Wellness were worth $709,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Holocene Advisors LP lifted its stake 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 worth $34,386,000 after purchasing an additional 602,602 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Petco Health and Wellness by 9.2% during the third quarter. Geode Capital Management LLC now owns 2,212,292 shares of the company’s stock valued at $10,068,000 after buying an additional 186,230 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Petco Health and Wellness by 328.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,761,247 shares of the company’s stock valued at $8,014,000 after buying an additional 1,349,728 shares in the last quarter. FMR LLC raised its stake in shares of Petco Health and Wellness by 170.9% during the 3rd quarter. FMR LLC now owns 1,521,516 shares of the company’s stock worth $6,923,000 after acquiring an additional 959,960 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Petco Health and Wellness by 26.8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,368,751 shares of the company’s stock worth $5,215,000 after acquiring an additional 289,629 shares in the last quarter.

Petco Health and Wellness Price Performance

Shares of WOOF opened at $2.96 on Friday. The business’s 50-day moving average is $2.97 and its two-hundred day moving average is $3.92. The company has a market capitalization of $927.81 million, a P/E ratio of -7.40 and a beta of 1.92. Petco Health and Wellness Company, Inc. has a fifty-two week low of $1.41 and a fifty-two week high of $6.29. 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 Ratings Changes

A number of equities analysts have recently issued reports on WOOF shares. StockNews.com raised Petco Health and Wellness from a “hold” rating to a “buy” rating in a research report on Thursday, March 20th. Robert W. Baird reduced their target price on Petco Health and Wellness from $5.00 to $3.50 and set a “neutral” rating on the stock in a research report on Thursday. Citigroup lowered their price target on Petco Health and Wellness from $5.00 to $2.75 and set a “neutral” rating for the company in a report on Tuesday, March 18th. Wells Fargo & Company upped 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 report on Friday, December 6th. Finally, The Goldman Sachs Group lifted their target price 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. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.85.

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.