Rockefeller Capital Management L.P. Invests $419,000 in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Rockefeller Capital Management L.P. bought a new position in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 110,049 shares of the company's stock, valued at approximately $419,000.

Several other hedge funds have also recently bought and sold shares of WOOF. Scotia Capital Inc. acquired a new stake in shares of Petco Health and Wellness during the 4th quarter worth $41,000. Renaissance Technologies LLC grew its holdings in shares of Petco Health and Wellness by 0.5% during the 4th quarter. Renaissance Technologies LLC now owns 990,700 shares of the company's stock worth $3,775,000 after purchasing an additional 5,100 shares during the period. Bank of Nova Scotia acquired a new stake in Petco Health and Wellness during the 4th quarter worth approximately $50,000. Legal & General Group Plc raised its holdings in Petco Health and Wellness by 9.0% in the fourth quarter. Legal & General Group Plc now owns 101,983 shares of the company's stock valued at $389,000 after buying an additional 8,397 shares during the period. Finally, Invesco Ltd. increased its position in shares of Petco Health and Wellness by 5.7% in the fourth quarter. Invesco Ltd. now owns 1,048,351 shares of the company's stock worth $3,994,000 after acquiring an additional 56,841 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on WOOF shares. StockNews.com raised shares of Petco Health and Wellness from a "hold" rating to a "buy" rating in a research report on Thursday, March 20th. Morgan Stanley decreased their target price on Petco Health and Wellness from $6.00 to $5.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. Robert W. Baird cut their price objective on shares of Petco Health and Wellness from $5.00 to $3.50 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. Royal Bank of Canada cut their target price on Petco Health and Wellness from $6.00 to $4.00 and set an "outperform" rating on the stock in a research note on Thursday, March 27th. Finally, Wedbush lowered their price objective on shares of Petco Health and Wellness from $6.00 to $4.00 and set an "outperform" rating on the stock in a research note on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Petco Health and Wellness presently has a consensus rating of "Moderate Buy" and an average price target of $4.11.

Petco Health and Wellness Trading Down 4.3 %

WOOF stock traded down $0.14 during trading on Tuesday, hitting $3.03. The company had a trading volume of 990,584 shares, compared to its average volume of 4,657,357. The firm has a 50-day moving average price of $2.84 and a 200-day moving average price of $3.64. The stock has a market cap of $953.26 million, a price-to-earnings ratio of -7.56 and a beta of 1.74. Petco Health and Wellness Company, Inc. has a 12 month low of $1.50 and a 12 month high of $6.29. The company has a quick ratio of 0.22, a current ratio of 0.84 and a debt-to-equity ratio of 1.40.

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.