VCA Inc. (WOOF) Shares Sold by Eagle Asset Management Inc.
Eagle Asset Management Inc. lowered its position in shares of VCA Inc. (NASDAQ:WOOF) by 0.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 307,954 shares of the company’s stock after selling 2,812 shares during the period. Eagle Asset Management Inc. owned 0.38% of VCA worth $21,550,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. CIBC World Markets Inc. bought a new stake in shares of VCA during the second quarter valued at about $3,472,000. Capstone Asset Management Co. boosted its stake in shares of VCA by 12.4% in the second quarter. Capstone Asset Management Co. now owns 11,179 shares of the company’s stock valued at $756,000 after buying an additional 1,230 shares in the last quarter. Redwood Investments LLC boosted its stake in shares of VCA by 3.8% in the second quarter. Redwood Investments LLC now owns 270,360 shares of the company’s stock valued at $18,279,000 after buying an additional 9,866 shares in the last quarter. BlackRock Advisors LLC boosted its stake in shares of VCA by 8.8% in the second quarter. BlackRock Advisors LLC now owns 47,800 shares of the company’s stock valued at $3,232,000 after buying an additional 3,851 shares in the last quarter. Finally, Pitcairn Co. boosted its stake in shares of VCA by 104.4% in the second quarter. Pitcairn Co. now owns 13,532 shares of the company’s stock valued at $915,000 after buying an additional 6,911 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.
VCA Inc. (NASDAQ:WOOF) traded down 1.72% on Monday, hitting $63.47. 514,070 shares of the company traded hands. VCA Inc. has a 12 month low of $44.00 and a 12 month high of $73.69. The stock’s 50-day moving average is $64.85 and its 200 day moving average is $67.41. The firm has a market capitalization of $5.15 billion, a P/E ratio of 22.33 and a beta of 1.05.
VCA (NASDAQ:WOOF) last posted its earnings results on Wednesday, October 26th. The company reported $0.79 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.81 by $0.02. The business had revenue of $659.90 million for the quarter, compared to analyst estimates of $667.13 million. VCA had a return on equity of 16.47% and a net margin of 9.64%. The firm’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period last year, the company posted $0.68 EPS. Equities analysts forecast that VCA Inc. will post $2.91 EPS for the current fiscal year.
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Several brokerages have recently weighed in on WOOF. Zacks Investment Research downgraded shares of VCA from a “buy” rating to a “sell” rating in a report on Tuesday, November 1st. Jefferies Group reiterated a “hold” rating and issued a $60.00 price target (down from $69.00) on shares of VCA in a report on Friday, October 28th. Benchmark Co. started coverage on shares of VCA in a report on Monday, October 24th. They issued a “buy” rating and a $90.00 price target on the stock. Finally, Bank of America Corp. reiterated a “buy” rating on shares of VCA in a report on Thursday, September 29th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $73.00.
In related news, COO Arthur J. Antin sold 34,000 shares of the company’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $69.03, for a total transaction of $2,347,020.00. Following the sale, the chief operating officer now directly owns 89,691 shares of the company’s stock, valued at approximately $6,191,369.73. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 4.60% of the stock is owned by company insiders.
VCA Company Profile
VCA Inc is an animal healthcare company. The Company operates through five segments. Its Animal Hospital segment provides veterinary services for companion animals and sells related retail and pharmaceutical products. Its Laboratory segment provides diagnostic laboratory testing services for veterinarians, both associated with its animal hospitals and those independent of the Company.
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