Wright Investors Service Inc. decreased its position in shares of VCA Inc. (NASDAQ:WOOF) by 8.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,600 shares of the company’s stock after selling 645 shares during the period. Wright Investors Service Inc.’s holdings in VCA were worth $609,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. bought a new stake in shares of VCA during the first quarter worth about $163,000. Advisory Services Network LLC bought a new stake in shares of VCA during the first quarter worth about $177,000. RBF Capital LLC bought a new stake in shares of VCA during the first quarter worth about $201,000. CNA Financial Corp bought a new stake in shares of VCA during the first quarter worth about $238,000. Finally, HL Financial Services LLC bought a new stake in shares of VCA during the first quarter worth about $244,000. 74.12% of the stock is owned by hedge funds and other institutional investors.
VCA Inc. (WOOF) traded up 0.03% during mid-day trading on Friday, reaching $92.55. 224,473 shares of the company were exchanged. The stock’s 50-day moving average price is $92.53 and its 200-day moving average price is $91.83. VCA Inc. has a 1-year low of $59.51 and a 1-year high of $92.87. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 34.78 and a beta of 1.01.
VCA (NASDAQ:WOOF) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.02. The business had revenue of $743.13 million during the quarter, compared to analysts’ expectations of $735.75 million. VCA had a return on equity of 15.54% and a net margin of 8.00%. During the same quarter last year, the business posted $0.87 EPS. On average, equities research analysts anticipate that VCA Inc. will post $3.20 EPS for the current fiscal year.
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A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of VCA from a “hold” rating to a “sell” rating in a research note on Tuesday, May 2nd. BidaskClub raised shares of VCA from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 29th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $93.00 price objective on shares of VCA in a research note on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $92.17.
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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