Moon Capital Management LLC Reduces Position in VCA Inc. (WOOF)
Moon Capital Management LLC lowered its stake in shares of VCA Inc. (NASDAQ:WOOF) by 17.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,819 shares of the company’s stock after selling 1,000 shares during the period. VCA makes up about 0.5% of Moon Capital Management LLC’s investment portfolio, making the stock its 29th largest position. Moon Capital Management LLC’s holdings in VCA were worth $445,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the stock. State of Alaska Department of Revenue increased its stake in VCA by 264.9% in the second quarter. State of Alaska Department of Revenue now owns 110,672 shares of the company’s stock valued at $10,216,000 after buying an additional 80,339 shares during the period. Fisher Asset Management LLC increased its stake in VCA by 8.6% in the second quarter. Fisher Asset Management LLC now owns 3,171 shares of the company’s stock valued at $293,000 after buying an additional 250 shares during the period. Bank of Montreal Can increased its stake in VCA by 32.9% in the second quarter. Bank of Montreal Can now owns 42,733 shares of the company’s stock valued at $3,945,000 after buying an additional 10,569 shares during the period. Capstone Asset Management Co. increased its stake in VCA by 4.3% in the second quarter. Capstone Asset Management Co. now owns 12,319 shares of the company’s stock valued at $1,137,000 after buying an additional 510 shares during the period. Finally, Xact Kapitalforvaltning AB acquired a new stake in VCA during the second quarter valued at approximately $610,000. Institutional investors own 74.38% of the company’s stock.
VCA Inc. (WOOF) opened at 92.64 on Tuesday. The stock has a 50 day moving average price of $92.49 and a 200 day moving average price of $91.69. The stock has a market cap of $7.62 billion, a price-to-earnings ratio of 34.81 and a beta of 1.01. VCA Inc. has a 52-week low of $59.51 and a 52-week high of $92.87.
VCA (NASDAQ:WOOF) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. VCA had a return on equity of 15.54% and a net margin of 8.00%. The company had revenue of $743.13 million during the quarter, compared to analysts’ expectations of $735.75 million. During the same period last year, the business posted $0.87 earnings per share. Analysts expect that VCA Inc. will post $3.20 EPS for the current fiscal year.
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Several equities research analysts have commented on the stock. Zacks Investment Research raised shares of VCA from a “hold” rating to a “buy” rating and set a $104.00 price objective on the stock in a report on Tuesday, August 1st. BidaskClub downgraded shares of VCA from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $93.00 price objective on shares of VCA in a research report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $92.17.
VCA Company Profile
VCA Inc is an animal healthcare company operating in the United States and Canada. The Company operates through five segments: animal hospitals (Animal Hospital), veterinary diagnostic laboratories (Laboratory), veterinary medical technology (Medical Technology), Vetstreet and Camp Bow Wow Franchising, Inc (Camp Bow Wow).
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