NBC Securities Inc. Buys 3,803 Shares of Patterson Companies, Inc. (NASDAQ:PDCO)

NBC Securities Inc. increased its stake in shares of Patterson Companies, Inc. (NASDAQ:PDCO) by 126,766.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 3,806 shares of the company’s stock after buying an additional 3,803 shares during the period. NBC Securities Inc.’s holdings in Patterson Companies were worth $118,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in Patterson Companies in the 4th quarter valued at about $18,316,000. Barclays PLC boosted its holdings in Patterson Companies by 37.2% in the 3rd quarter. Barclays PLC now owns 165,715 shares of the company’s stock valued at $3,619,000 after purchasing an additional 44,906 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Patterson Companies by 15.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,799,942 shares of the company’s stock valued at $55,546,000 after purchasing an additional 245,376 shares during the period. KLP Kapitalforvaltning AS bought a new stake in Patterson Companies in the 4th quarter valued at about $518,000. Finally, LMG Wealth Partners LLC bought a new stake in Patterson Companies in the 4th quarter valued at about $284,000. Institutional investors own 85.43% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen began coverage on shares of Patterson Companies in a report on Thursday, May 22nd. They issued a “hold” rating for the company. Eleven investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Patterson Companies currently has a consensus rating of “Hold” and a consensus target price of $26.57.

Patterson Companies Stock Performance

Shares of Patterson Companies stock opened at $31.33 on Tuesday. The company has a 50 day moving average of $31.28 and a 200-day moving average of $30.36. Patterson Companies, Inc. has a 1-year low of $19.45 and a 1-year high of $31.79. The company has a current ratio of 1.37, a quick ratio of 0.76 and a debt-to-equity ratio of 0.34. The company has a market cap of $2.77 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 2.71 and a beta of 0.73.

Patterson Companies Company Profile

Patterson Companies, Inc engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems.