Retirement Systems of Alabama Cuts Position in VCA Inc. (NASDAQ:WOOF)
Retirement Systems of Alabama cut its position in shares of VCA Inc. (NASDAQ:WOOF) by 0.1% during the second quarter, Holdings Channel reports. The firm owned 151,467 shares of the company’s stock after selling 109 shares during the period. Retirement Systems of Alabama’s holdings in VCA were worth $13,982,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. ARP Americas LLC boosted its stake in shares of VCA by 34.5% in the second quarter. ARP Americas LLC now owns 155,333 shares of the company’s stock worth $14,339,000 after buying an additional 39,825 shares during the period. Sei Investments Co. boosted its stake in shares of VCA by 5,358.0% in the second quarter. Sei Investments Co. now owns 33,621 shares of the company’s stock worth $3,103,000 after buying an additional 33,005 shares during the period. Texas Permanent School Fund boosted its stake in shares of VCA by 0.9% in the second quarter. Texas Permanent School Fund now owns 59,334 shares of the company’s stock worth $5,477,000 after buying an additional 518 shares during the period. World Asset Management Inc boosted its stake in shares of VCA by 3.4% in the second quarter. World Asset Management Inc now owns 5,871 shares of the company’s stock worth $542,000 after buying an additional 195 shares during the period. Finally, Daiwa Securities Group Inc. purchased a new stake in shares of VCA during the second quarter worth approximately $217,000. 74.38% of the stock is owned by hedge funds and other institutional investors.
VCA Inc. (NASDAQ WOOF) opened at 92.61 on Wednesday. The company’s 50 day moving average price is $92.50 and its 200 day moving average price is $91.71. VCA Inc. has a 12 month low of $59.51 and a 12 month high of $92.87. The stock has a market cap of $7.62 billion, a PE ratio of 34.80 and a beta of 1.01.
VCA (NASDAQ:WOOF) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $0.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.02. VCA had a return on equity of 15.54% and a net margin of 8.00%. The company had revenue of $743.13 million during the quarter, compared to analyst estimates of $735.75 million. During the same quarter last year, the company earned $0.87 EPS. Equities analysts forecast that VCA Inc. will post $3.20 EPS for the current fiscal year.
A number of brokerages have commented on WOOF. Zacks Investment Research raised VCA from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research note on Tuesday, August 1st. BidaskClub cut VCA from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $93.00 price objective on shares of VCA in a research note on Friday, July 14th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $92.17.
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).
Want to see what other hedge funds are holding WOOF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VCA Inc. (NASDAQ:WOOF).
Receive News & Ratings for VCA Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VCA Inc. and related companies with MarketBeat.com's FREE daily email newsletter.