VCA Inc. (WOOF) Holdings Cut by Harvest Management LLC
Harvest Management LLC reduced its position in shares of VCA Inc. (NASDAQ:WOOF) by 20.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,000 shares of the company’s stock after selling 5,300 shares during the quarter. VCA accounts for 1.2% of Harvest Management LLC’s investment portfolio, making the stock its 19th biggest holding. Harvest Management LLC’s holdings in VCA were worth $1,846,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Meeder Asset Management Inc. acquired a new stake in VCA during the 1st quarter valued at $163,000. RBF Capital LLC acquired a new stake in VCA during the 1st quarter valued at $201,000. Daiwa Securities Group Inc. acquired a new stake in VCA during the 2nd quarter valued at $217,000. CNA Financial Corp acquired a new stake in VCA during the 1st quarter valued at $238,000. Finally, Fisher Asset Management LLC raised its stake in VCA by 8.6% during the 2nd quarter. Fisher Asset Management LLC now owns 3,171 shares of the company’s stock valued at $293,000 after purchasing an additional 250 shares during the period. 76.52% of the stock is currently owned by institutional investors.
VCA Inc. (WOOF) remained flat at $92.98 during trading on Friday. The company’s stock had a trading volume of 21,697 shares. The company has a 50-day moving average price of $92.74 and a 200 day moving average price of $92.16. The company has a market cap of $7.56 billion, a price-to-earnings 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 quarterly earnings results on Wednesday, July 26th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The company had revenue of $743.13 million for the quarter, compared to analysts’ expectations of $735.75 million. VCA had a net margin of 8.00% and a return on equity of 15.54%. During the same period last year, the firm posted $0.87 earnings per share. Equities analysts predict that VCA Inc. will post $3.23 EPS for the current year.
WOOF has been the topic of several recent analyst reports. BidaskClub downgraded shares of VCA from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 9th. Zacks Investment Research raised shares of VCA from a “hold” rating to a “buy” rating and set a $104.00 target price on the stock in a research note on Tuesday, August 1st. Finally, Stifel Nicolaus reissued a “hold” rating and set a $93.00 target price on shares of VCA in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus 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).
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