Canada Pension Plan Investment Board increased its position in VCA Inc. (NASDAQ:WOOF) by 967.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 416,300 shares of the company’s stock after buying an additional 377,300 shares during the period. Canada Pension Plan Investment Board’s holdings in VCA were worth $38,429,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the company. BlackRock Inc. increased its position in shares of VCA by 2,848.0% in the first quarter. BlackRock Inc. now owns 6,340,883 shares of the company’s stock worth $580,192,000 after buying an additional 6,125,792 shares during the period. Vanguard Group Inc. increased its position in shares of VCA by 5.6% in the first quarter. Vanguard Group Inc. now owns 6,229,684 shares of the company’s stock worth $570,016,000 after buying an additional 329,884 shares during the period. Bank of America Corp DE increased its position in shares of VCA by 267.3% in the first quarter. Bank of America Corp DE now owns 2,624,862 shares of the company’s stock worth $240,175,000 after buying an additional 1,910,155 shares during the period. Pentwater Capital Management LP bought a new position in shares of VCA during the first quarter worth about $214,110,000. Finally, Morgan Stanley increased its position in shares of VCA by 535.1% in the first quarter. Morgan Stanley now owns 1,546,462 shares of the company’s stock worth $141,500,000 after buying an additional 1,302,982 shares during the period. Institutional investors own 74.38% of the company’s stock.
Shares of VCA Inc. (WOOF) opened at 92.50 on Friday. The company has a market capitalization of $7.52 billion, a P/E ratio of 34.76 and a beta of 1.01. The firm has a 50-day moving average price of $92.50 and a 200-day moving average price of $91.77. VCA Inc. has a one year low of $59.51 and a one year high of $92.87.
VCA (NASDAQ:WOOF) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.02. The business had revenue of $743.13 million during the quarter, compared to analyst estimates of $735.75 million. VCA had a return on equity of 15.54% and a net margin of 8.00%. During the same quarter in the prior year, the company posted $0.87 EPS. Equities analysts forecast that VCA Inc. will post $3.20 earnings per share for the current year.
A number of equities analysts have recently issued reports on WOOF shares. BidaskClub downgraded VCA from a “sell” rating to a “strong sell” rating in a research report on Wednesday. Zacks Investment Research upgraded VCA from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research report on Tuesday, August 1st. Finally, Stifel Nicolaus restated a “hold” rating and set a $93.00 price objective on shares of VCA in a research report on Friday, July 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $92.17.
VCA Company Profile
VCA Inc is an animal healthcare company operating in the United States and Canada. The Company operates through five segments: animal hospitals (Animal Hospital), veterinary diagnostic laboratories (Laboratory), veterinary medical technology (Medical Technology), Vetstreet and Camp Bow Wow Franchising, Inc (Camp Bow Wow).
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