Eisler Capital Management Ltd. Invests $1.34 Million in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Eisler Capital Management Ltd. acquired a new stake in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 326,394 shares of the company's stock, valued at approximately $1,338,000. Eisler Capital Management Ltd. owned about 0.10% of Petco Health and Wellness as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in Petco Health and Wellness by 269.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,242,546 shares of the company's stock worth $12,354,000 after buying an additional 2,365,654 shares during the last quarter. Norges Bank purchased a new stake in shares of Petco Health and Wellness in the fourth quarter valued at about $8,864,000. Bridgeway Capital Management LLC purchased a new stake in shares of Petco Health and Wellness in the fourth quarter valued at about $8,604,000. Geode Capital Management LLC raised its holdings in shares of Petco Health and Wellness by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 2,227,001 shares of the company's stock valued at $8,487,000 after purchasing an additional 14,709 shares during the last quarter. Finally, Driehaus Capital Management LLC purchased a new stake in shares of Petco Health and Wellness in the fourth quarter valued at about $6,887,000.

Wall Street Analyst Weigh In

WOOF has been the subject of several analyst reports. Royal Bank of Canada lowered 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 report on Thursday, March 27th. Morgan Stanley lowered their target price on shares of Petco Health and Wellness from $6.00 to $5.00 and set an "equal weight" rating for the company in a report on Tuesday, January 21st. StockNews.com upgraded shares of Petco Health and Wellness from a "hold" rating to a "buy" rating in a report on Thursday, March 20th. Robert W. Baird lowered their target price on shares of Petco Health and Wellness from $5.00 to $3.50 and set a "neutral" rating for the company in a report on Thursday, March 27th. Finally, The Goldman Sachs Group increased their target price on shares of Petco Health and Wellness from $4.00 to $4.48 and gave the company a "buy" rating in a report on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Petco Health and Wellness has a consensus rating of "Moderate Buy" and an average target price of $4.11.

Petco Health and Wellness Stock Performance

WOOF traded up $0.04 during trading on Monday, hitting $3.18. 4,120,426 shares of the company traded hands, compared to its average volume of 4,693,281. The firm has a market cap of $1.00 billion, a P/E ratio of -7.95 and a beta of 1.74. The stock's fifty day moving average is $2.91 and its 200 day moving average is $3.54. The company has a quick ratio of 0.22, a current ratio of 0.84 and a debt-to-equity ratio of 1.40. Petco Health and Wellness Company, Inc. has a one year low of $1.71 and a one year 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.