Investment House LLC decreased its stake in VCA Inc. (NASDAQ:WOOF) by 21.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,725 shares of the company’s stock after selling 11,495 shares during the period. Investment House LLC owned about 0.05% of VCA worth $3,944,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in VCA by 2,848.0% in the first quarter. BlackRock Inc. now owns 6,340,883 shares of the company’s stock valued at $580,192,000 after buying an additional 6,125,792 shares during the period. Pentwater Capital Management LP purchased a new stake in VCA during the first quarter valued at about $214,110,000. Bank of America Corp DE boosted its stake in VCA by 267.3% in the first quarter. Bank of America Corp DE now owns 2,624,862 shares of the company’s stock valued at $240,175,000 after buying an additional 1,910,155 shares during the period. Morgan Stanley boosted its stake in VCA by 535.1% in the first quarter. Morgan Stanley now owns 1,546,462 shares of the company’s stock valued at $141,500,000 after buying an additional 1,302,982 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in VCA by 227.7% in the first quarter. JPMorgan Chase & Co. now owns 1,206,693 shares of the company’s stock valued at $110,412,000 after buying an additional 838,452 shares during the period. 74.12% of the stock is owned by institutional investors and hedge funds.
Shares of VCA Inc. (WOOF) traded up 0.03% during midday trading on Friday, reaching $92.55. 224,473 shares of the company traded hands. The firm has a market capitalization of $7.52 billion, a P/E ratio of 34.78 and a beta of 1.01. The company has a 50 day moving average of $92.53 and a 200 day moving average of $91.83. VCA Inc. has a 12 month low of $59.51 and a 12 month high of $92.87.
VCA (NASDAQ:WOOF) last posted its quarterly earnings results on Wednesday, July 26th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.02. VCA had a net margin of 8.00% and a return on equity of 15.54%. The company had revenue of $743.13 million for the quarter, compared to the consensus estimate of $735.75 million. During the same period last year, the firm posted $0.87 EPS. On average, equities research analysts predict that VCA Inc. will post $3.20 earnings per share for the current fiscal year.
Several equities research analysts have recently issued reports on WOOF shares. BidaskClub raised shares of VCA from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Zacks Investment Research cut shares of VCA from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $93.00 price objective on shares of VCA in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus 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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