Virtu Financial LLC Acquires 31,485 Shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Virtu Financial LLC increased its holdings in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) by 67.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 77,902 shares of the company’s stock after purchasing an additional 31,485 shares during the quarter. Virtu Financial LLC’s holdings in Petco Health and Wellness were worth $297,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in WOOF. JPMorgan Chase & Co. lifted its position in Petco Health and Wellness by 328.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,761,247 shares of the company’s stock worth $8,014,000 after buying an additional 1,349,728 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Petco Health and Wellness in the fourth quarter valued at about $4,516,000. FMR LLC raised its holdings in Petco Health and Wellness by 170.9% during the third quarter. FMR LLC now owns 1,521,516 shares of the company’s stock worth $6,923,000 after acquiring an additional 959,960 shares in the last quarter. Invenomic Capital Management LP acquired a new position in Petco Health and Wellness during the third quarter valued at approximately $2,747,000. Finally, Holocene Advisors LP grew its stake in Petco Health and Wellness by 8.7% in the third quarter. Holocene Advisors LP now owns 7,557,293 shares of the company’s stock valued at $34,386,000 after purchasing an additional 602,602 shares in the last quarter.

Petco Health and Wellness Stock Up 31.6 %

Shares of WOOF opened at $3.21 on Friday. The firm has a market cap of $1.01 billion, a P/E ratio of -8.03 and a beta of 1.92. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.22 and a current ratio of 0.84. Petco Health and Wellness Company, Inc. has a 52 week low of $1.41 and a 52 week high of $6.29. The firm’s 50-day simple moving average is $2.98 and its 200 day simple moving average is $3.91.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on WOOF shares. Morgan Stanley dropped their price objective on Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Robert W. Baird dropped 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 report on Thursday. Wells Fargo & Company increased their price target on shares of Petco Health and Wellness from $3.00 to $5.00 and gave the company an “equal weight” rating in a research note on Friday, December 6th. StockNews.com upgraded shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th. Finally, Wedbush cut their target price on shares of Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating for the company in a research note on Thursday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Petco Health and Wellness has a consensus rating of “Hold” and a consensus price target of $3.85.

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.