VCA Inc. (WOOF) Shares Sold by Alliancebernstein L.P.
Alliancebernstein L.P. reduced its holdings in VCA Inc. (NASDAQ:WOOF) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 529,757 shares of the company’s stock after selling 38,196 shares during the quarter. Alliancebernstein L.P. owned about 0.64% of VCA worth $48,902,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. State of Wisconsin Investment Board increased its holdings in VCA by 201.6% in the second quarter. State of Wisconsin Investment Board now owns 107,183 shares of the company’s stock worth $9,894,000 after purchasing an additional 71,640 shares in the last quarter. Karp Capital Management Corp bought a new stake in VCA in the first quarter worth approximately $1,749,000. BlackRock Inc. increased its holdings in 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 purchasing an additional 6,125,792 shares in the last quarter. State Treasurer State of Michigan increased its holdings in VCA by 1.5% in the second quarter. State Treasurer State of Michigan now owns 33,500 shares of the company’s stock worth $3,092,000 after purchasing an additional 500 shares in the last quarter. Finally, Vivaldi Asset Management LLC increased its holdings in VCA by 12.7% in the second quarter. Vivaldi Asset Management LLC now owns 391,743 shares of the company’s stock worth $36,162,000 after purchasing an additional 44,124 shares in the last quarter. Institutional investors and hedge funds own 76.52% of the company’s stock.
A number of brokerages have weighed in on WOOF. BidaskClub upgraded VCA from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 29th. Zacks Investment Research raised VCA from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. 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 investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $92.17.
Shares of VCA Inc. (NASDAQ WOOF) opened at 92.98 on Friday. The firm has a 50-day moving average price of $92.72 and a 200-day moving average price of $92.11. The firm has a market cap of $7.56 billion, a PE ratio of 34.94 and a beta of 1.01. VCA Inc. has a 52 week low of $59.51 and a 52 week high of $93.00.
VCA (NASDAQ:WOOF) last announced its earnings results on Wednesday, July 26th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the 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 firm had revenue of $743.13 million during the quarter, compared to analyst estimates of $735.75 million. During the same quarter in the prior year, the company earned $0.87 EPS. On average, equities research analysts predict that VCA Inc. will post $3.23 earnings per share for the current year.
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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