11,666 Shares in Patterson Companies, Inc. (NASDAQ:PDCO) Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. bought a new position in Patterson Companies, Inc. (NASDAQ:PDCO) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 11,666 shares of the company’s stock, valued at approximately $364,000.

A number of other large investors also recently added to or reduced their stakes in PDCO. Raymond James Financial Inc. purchased a new position in Patterson Companies in the 4th quarter worth $18,316,000. American Century Companies Inc. increased its position in shares of Patterson Companies by 24.1% in the fourth quarter. American Century Companies Inc. now owns 2,711,030 shares of the company’s stock valued at $83,662,000 after acquiring an additional 527,054 shares during the period. TIG Advisors LLC purchased a new position in shares of Patterson Companies in the fourth quarter valued at about $14,633,000. Hsbc Holdings PLC increased its position in shares of Patterson Companies by 2,837.3% in the fourth quarter. Hsbc Holdings PLC now owns 423,977 shares of the company’s stock valued at $13,084,000 after acquiring an additional 409,543 shares during the period. Finally, Woodline Partners LP purchased a new position in shares of Patterson Companies in the fourth quarter valued at about $12,344,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen began coverage on shares of Patterson Companies in a research report on Thursday, May 22nd. They issued a “hold” rating on the stock. Eleven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $26.57.

Patterson Companies Stock Performance

Shares of PDCO opened at $31.33 on Monday. The firm’s 50-day moving average price is $31.33 and its 200-day moving average price is $31.17. The firm has a market capitalization of $2.77 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 2.71 and a beta of 0.73. The company has a current ratio of 1.37, a quick ratio of 0.76 and a debt-to-equity ratio of 0.34. Patterson Companies, Inc. has a 1-year low of $19.45 and a 1-year high of $31.79.

About Patterson Companies

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.