VCA Inc. (WOOF) Shares Bought by BlackRock Inc.
BlackRock Inc. increased its stake in VCA Inc. (NASDAQ:WOOF) by 14.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 7,282,530 shares of the company’s stock after buying an additional 941,647 shares during the quarter. BlackRock Inc. owned 8.86% of VCA worth $672,251,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of WOOF. Meeder Asset Management Inc. purchased a new position in shares of VCA in the 1st quarter worth about $163,000. RBF Capital LLC purchased a new position in shares of VCA in the 1st quarter worth about $201,000. Daiwa Securities Group Inc. purchased a new position in shares of VCA in the 2nd quarter worth about $217,000. CNA Financial Corp purchased a new position in shares of VCA in the 1st quarter worth about $238,000. Finally, Fisher Asset Management LLC boosted its holdings in shares of VCA by 8.6% in the 2nd quarter. Fisher Asset Management LLC now owns 3,171 shares of the company’s stock worth $293,000 after buying an additional 250 shares during the last quarter. 76.52% of the stock is currently owned by institutional investors.
Shares of VCA Inc. (NASDAQ:WOOF) opened at 92.98 on Friday. 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 capitalization 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. The business had revenue of $743.13 million for the quarter, compared to analysts’ expectations of $735.75 million. VCA had a return on equity of 15.54% and a net margin of 8.00%. During the same period last year, the firm posted $0.87 earnings per share. Analysts predict that VCA Inc. will post $3.23 earnings per share for the current year.
A number of brokerages recently weighed in on WOOF. BidaskClub raised shares of VCA from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 29th. Zacks Investment Research raised shares of VCA from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $93.00 price target on shares of VCA in a report on Friday, July 14th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price 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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