Susquehanna Fundamental Investments LLC Makes New $3.28 Million Investment in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Susquehanna Fundamental Investments LLC acquired a new stake in shares of Petco Health and Wellness Company, Inc. (NASDAQ:WOOF - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 860,567 shares of the company's stock, valued at approximately $3,279,000. Susquehanna Fundamental Investments LLC owned 0.27% of Petco Health and Wellness at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Aster Capital Management DIFC Ltd bought a new stake in shares of Petco Health and Wellness in the 4th quarter valued at approximately $25,000. Scotia Capital Inc. bought a new stake in Petco Health and Wellness in the fourth quarter valued at $41,000. Blueprint Investment Partners LLC acquired a new position in Petco Health and Wellness during the fourth quarter worth $44,000. New York State Common Retirement Fund lifted its holdings in shares of Petco Health and Wellness by 47.6% during the fourth quarter. New York State Common Retirement Fund now owns 11,508 shares of the company's stock valued at $44,000 after acquiring an additional 3,711 shares during the period. Finally, Bank of Nova Scotia acquired a new stake in shares of Petco Health and Wellness in the 4th quarter valued at $50,000.

Petco Health and Wellness Trading Up 1.7 %

Shares of WOOF stock traded up $0.05 on Friday, reaching $3.06. 1,912,769 shares of the stock were exchanged, compared to its average volume of 4,686,840. The stock has a 50 day moving average price of $2.85 and a 200 day moving average price of $3.61. The stock has a market cap of $964.29 million, a PE ratio of -7.65 and a beta of 1.74. Petco Health and Wellness Company, Inc. has a one year low of $1.53 and a one year high of $6.29. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.84 and a quick ratio of 0.22.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. UBS Group dropped their target price on shares of Petco Health and Wellness from $5.50 to $3.25 and set a "neutral" rating for the company in a research report on Thursday, March 27th. StockNews.com upgraded shares of Petco Health and Wellness from a "hold" rating to a "buy" rating in a research note on Thursday, March 20th. Robert W. Baird decreased their price target on 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. Morgan Stanley cut their price objective on Petco Health and Wellness from $6.00 to $5.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Finally, Wedbush decreased their target price on Petco Health and Wellness from $6.00 to $4.00 and set an "outperform" rating on the stock in a report on Thursday, March 27th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $4.11.

Petco Health and Wellness 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.