Keeley Teton Advisors LLC Has $2.22 Million Holdings in Patterson Companies, Inc. (NASDAQ:PDCO)

Keeley Teton Advisors LLC lowered its position in Patterson Companies, Inc. (NASDAQ:PDCO - Free Report) by 13.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,952 shares of the company's stock after selling 11,418 shares during the quarter. Keeley Teton Advisors LLC owned approximately 0.08% of Patterson Companies worth $2,220,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PDCO. Harbour Investments Inc. acquired a new position in Patterson Companies in the fourth quarter worth approximately $26,000. Huntington National Bank grew its position in Patterson Companies by 54.0% in the fourth quarter. Huntington National Bank now owns 1,115 shares of the company's stock worth $34,000 after acquiring an additional 391 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Patterson Companies by 103.0% during the 4th quarter. GAMMA Investing LLC now owns 1,340 shares of the company's stock worth $41,000 after purchasing an additional 680 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of Patterson Companies by 20.5% during the 3rd quarter. Anchor Investment Management LLC now owns 2,350 shares of the company's stock valued at $51,000 after purchasing an additional 400 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in shares of Patterson Companies by 501.6% in the 4th quarter. Quadrant Capital Group LLC now owns 1,883 shares of the company's stock valued at $58,000 after purchasing an additional 1,570 shares during the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Patterson Companies Price Performance

PDCO stock remained flat at $31.33 on Monday. 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 fifty-two week low of $19.45 and a fifty-two week high of $31.79. The firm has a 50 day moving average of $31.14 and a 200 day moving average of $27.71. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 18.32, a PEG ratio of 2.71 and a beta of 0.73.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Patterson Companies in a report on Sunday. They set a "hold" rating on the stock. Eleven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $26.57.

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.