Gotham Asset Management LLC Raises Position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Gotham Asset Management LLC boosted its position in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) by 950.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 173,025 shares of the company's stock after purchasing an additional 156,560 shares during the quarter. Gotham Asset Management LLC owned approximately 0.06% of Petco Health and Wellness worth $659,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of Petco Health and Wellness by 269.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,242,546 shares of the company's stock worth $12,354,000 after acquiring an additional 2,365,654 shares during the last quarter. Norges Bank acquired a new position in shares of Petco Health and Wellness in the fourth quarter worth $8,864,000. Bridgeway Capital Management LLC acquired a new position in shares of Petco Health and Wellness in the fourth quarter worth $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 worth $8,487,000 after acquiring an additional 14,709 shares during the last quarter. Finally, Driehaus Capital Management LLC acquired a new position in shares of Petco Health and Wellness in the fourth quarter worth $6,887,000.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on WOOF. Wall Street Zen raised Petco Health and Wellness from a "hold" rating to a "buy" rating in a report on Thursday, March 20th. Wedbush dropped their target price on Petco Health and Wellness from $6.00 to $4.00 and set an "outperform" rating for the company in a research note on Thursday, March 27th. Citigroup dropped their target price on Petco Health and Wellness from $5.00 to $2.75 and set a "neutral" rating for the company in a research note on Tuesday, March 18th. The Goldman Sachs Group upped their target price on Petco Health and Wellness from $4.00 to $4.48 and gave the company a "buy" rating in a research note on Thursday, March 27th. Finally, Robert W. Baird dropped their target price 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. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $4.00.

Petco Health and Wellness Trading Down 1.6%

NASDAQ:WOOF traded down $0.06 on Friday, hitting $3.63. 2,823,530 shares of the stock were exchanged, compared to its average volume of 4,411,696. The stock has a market cap of $1.14 billion, a PE ratio of -9.08 and a beta of 1.74. 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 stock has a fifty day moving average of $3.09 and a 200-day moving average of $3.48. Petco Health and Wellness Company, Inc. has a fifty-two week low of $2.23 and a fifty-two week high of $6.29.

Petco Health and Wellness Company Profile

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.