Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Holdings Raised by Barclays PLC

Barclays PLC increased its position in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) by 6.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 229,599 shares of the company’s stock after purchasing an additional 13,035 shares during the quarter. Barclays PLC owned 0.07% of Petco Health and Wellness worth $874,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in WOOF. Aster Capital Management DIFC Ltd bought a new position in shares of Petco Health and Wellness in the 4th quarter worth about $25,000. Scotia Capital Inc. acquired a new stake in Petco Health and Wellness during the fourth quarter worth about $41,000. New York State Common Retirement Fund lifted its holdings in Petco Health and Wellness by 47.6% in the fourth quarter. New York State Common Retirement Fund now owns 11,508 shares of the company’s stock worth $44,000 after acquiring an additional 3,711 shares during the last quarter. Blueprint Investment Partners LLC bought a new position in Petco Health and Wellness in the fourth quarter worth about $44,000. Finally, Bank of Nova Scotia acquired a new position in Petco Health and Wellness in the fourth quarter valued at approximately $50,000.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Robert W. Baird lowered their price objective on Petco Health and Wellness from $5.00 to $3.50 and set a “neutral” rating for the company 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 report on Thursday, March 27th. Royal Bank of Canada cut their price objective on shares of Petco Health and Wellness from $6.00 to $4.00 and set an “outperform” rating on the stock in a research report on Thursday, March 27th. Citigroup decreased their target price on shares of Petco Health and Wellness from $5.00 to $2.75 and set a “neutral” rating for the company in a research report on Tuesday, March 18th. Finally, UBS Group dropped their price target on shares of Petco Health and Wellness from $5.50 to $3.25 and set a “neutral” rating on the stock in a research note on Thursday, March 27th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $4.11.

Petco Health and Wellness Trading Up 3.9 %

Shares of NASDAQ:WOOF opened at $3.18 on Tuesday. The company has a 50 day moving average of $2.85 and a 200-day moving average of $3.59. 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 firm has a market cap of $1.00 billion, a P/E ratio of -7.95 and a beta of 1.74. Petco Health and Wellness Company, Inc. has a twelve month low of $1.53 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.