Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Shares Sold by Nomura Holdings Inc.

Nomura Holdings Inc. lessened its stake in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) by 48.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 82,916 shares of the company’s stock after selling 76,777 shares during the period. Nomura Holdings Inc.’s holdings in Petco Health and Wellness were worth $316,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in WOOF. New York State Common Retirement Fund increased its stake in Petco Health and Wellness by 47.6% in the 4th quarter. New York State Common Retirement Fund now owns 11,508 shares of the company’s stock valued at $44,000 after buying an additional 3,711 shares during the period. Swiss National Bank increased its stake in Petco Health and Wellness by 2.6% in the 4th quarter. Swiss National Bank now owns 186,100 shares of the company’s stock valued at $709,000 after buying an additional 4,800 shares during the period. Renaissance Technologies LLC increased its stake in Petco Health and Wellness by 0.5% in the 4th quarter. Renaissance Technologies LLC now owns 990,700 shares of the company’s stock valued at $3,775,000 after buying an additional 5,100 shares during the period. Bleakley Financial Group LLC increased its stake in Petco Health and Wellness by 14.3% in the 4th quarter. Bleakley Financial Group LLC now owns 45,122 shares of the company’s stock valued at $172,000 after buying an additional 5,660 shares during the period. Finally, Sei Investments Co. increased its position in Petco Health and Wellness by 54.7% during the 4th quarter. Sei Investments Co. now owns 18,009 shares of the company’s stock worth $69,000 after purchasing an additional 6,371 shares during the period.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Robert W. Baird lowered their price target on shares of Petco Health and Wellness from $5.00 to $3.50 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. The Goldman Sachs Group upped their price target 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, March 27th. Citigroup lowered their price target on shares of Petco Health and Wellness from $5.00 to $2.75 and set a “neutral” rating on the stock in a research note on Tuesday, March 18th. Royal Bank of Canada lowered their price target on Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating on the stock in a report on Thursday, March 27th. Finally, Wall Street Zen upgraded Petco Health and Wellness from a “hold” rating to a “buy” rating in a report on Thursday, March 20th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Petco Health and Wellness currently has a consensus rating of “Moderate Buy” and an average price target of $4.11.

Petco Health and Wellness Stock Up 1.1%

Shares of Petco Health and Wellness stock opened at $3.69 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.22 and a debt-to-equity ratio of 1.40. The business’s 50 day simple moving average is $3.07 and its 200-day simple moving average is $3.50. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of -9.23 and a beta of 1.74. Petco Health and Wellness Company, Inc. has a twelve month low of $2.23 and a twelve month high of $6.29.

About Petco Health and Wellness

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.