State of Wisconsin Investment Board Has $3,486,000 Stake in VCA Inc. (WOOF)
State of Wisconsin Investment Board cut its stake in VCA Inc. (NASDAQ:WOOF) by 1.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,810 shares of the company’s stock after selling 900 shares during the period. State of Wisconsin Investment Board owned 0.06% of VCA worth $3,486,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of WOOF. Nisa Investment Advisors LLC raised its position in shares of VCA by 910.4% in the third quarter. Nisa Investment Advisors LLC now owns 1,657 shares of the company’s stock worth $116,000 after buying an additional 1,493 shares during the period. Walleye Trading LLC raised its position in shares of VCA by 312.0% in the second quarter. Walleye Trading LLC now owns 2,052 shares of the company’s stock worth $139,000 after buying an additional 1,554 shares during the period. Creative Planning raised its position in shares of VCA by 43.5% in the second quarter. Creative Planning now owns 2,554 shares of the company’s stock worth $173,000 after buying an additional 774 shares during the period. Rockefeller Financial Services Inc. acquired a new position in shares of VCA during the third quarter worth approximately $194,000. Finally, Fisher Asset Management LLC acquired a new position in shares of VCA during the third quarter worth approximately $204,000. 90.19% of the stock is currently owned by hedge funds and other institutional investors.
Shares of VCA Inc. (NASDAQ:WOOF) traded down 3.14% on Wednesday, reaching $62.60. The company had a trading volume of 874,018 shares. VCA Inc. has a one year low of $44.00 and a one year high of $73.69. The company has a 50-day moving average price of $64.66 and a 200-day moving average price of $67.44. The firm has a market cap of $5.08 billion, a P/E ratio of 22.03 and a beta of 1.05.
VCA (NASDAQ:WOOF) last announced its quarterly earnings results on Wednesday, October 26th. The company reported $0.79 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.81 by $0.02. The company earned $659.90 million during the quarter, compared to analyst estimates of $667.13 million. VCA had a net margin of 9.64% and a return on equity of 16.47%. VCA’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 EPS. On average, analysts expect that VCA Inc. will post $2.91 earnings per share for the current fiscal year.
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WOOF has been the topic of a number of research analyst reports. Bank of America Corp. reissued a “buy” rating on shares of VCA in a report on Thursday, September 29th. Jefferies Group reaffirmed a “hold” rating on shares of VCA in a research note on Friday, August 5th. Benchmark Co. initiated coverage on VCA in a research note on Monday, October 24th. They set a “buy” rating and a $90.00 target price for the company. Finally, Zacks Investment Research cut VCA from a “buy” rating to a “sell” rating in a research note on Tuesday, November 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $73.00.
In other VCA news, COO Arthur J. Antin sold 34,000 shares of VCA stock in a transaction on Friday, September 16th. The stock was sold at an average price of $69.03, for a total value of $2,347,020.00. Following the completion of the transaction, the chief operating officer now owns 89,691 shares in the company, valued at approximately $6,191,369.73. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 4.60% of the stock is owned by corporate insiders.
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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