Two Sigma Investments LP decreased its holdings in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) by 28.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,930,998 shares of the company's stock after selling 1,165,389 shares during the quarter. Two Sigma Investments LP owned about 0.94% of Petco Health and Wellness worth $11,167,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in WOOF. Aster Capital Management DIFC Ltd acquired a new stake in shares of Petco Health and Wellness in the 4th quarter worth $25,000. Scotia Capital Inc. acquired a new stake in shares of Petco Health and Wellness in the 4th quarter worth $41,000. Blueprint Investment Partners LLC acquired a new stake in shares of Petco Health and Wellness in the 4th quarter worth $44,000. New York State Common Retirement Fund boosted its position in shares of Petco Health and Wellness by 47.6% in the 4th quarter. New York State Common Retirement Fund now owns 11,508 shares of the company's stock worth $44,000 after purchasing an additional 3,711 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of Petco Health and Wellness in the 4th quarter worth $45,000.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on WOOF. Royal Bank of Canada lowered their price target on Petco Health and Wellness from $6.00 to $4.00 and set an "outperform" rating for the company in a research report on Thursday, March 27th. Citigroup lowered their price target on 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. Wall Street Zen raised Petco Health and Wellness from a "hold" rating to a "buy" rating in a research report on Thursday, March 20th. Wedbush lowered their price target on Petco Health and Wellness from $6.00 to $4.00 and set an "outperform" rating for the company in a research report on Thursday, March 27th. Finally, The Goldman Sachs Group lifted their price target on 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. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Petco Health and Wellness currently has an average rating of "Hold" and a consensus price target of $4.00.
Check Out Our Latest Report on WOOF
Petco Health and Wellness Stock Performance
Shares of WOOF stock traded up $0.14 on Thursday, hitting $3.63. The company had a trading volume of 1,103,766 shares, compared to its average volume of 4,384,588. The firm has a market cap of $1.14 billion, a P/E ratio of -9.04 and a beta of 1.74. The company has a 50-day moving average price of $3.16 and a 200-day moving average price of $3.47. 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 twelve month low of $2.23 and a twelve month high of $6.29.
Petco Health and Wellness Profile
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Free Report)
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.
Further Reading

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