Huber Capital Management LLC Has $29.31 Million Stake in VCA Inc (WOOF)
Huber Capital Management LLC lifted its stake in shares of VCA Inc (NASDAQ:WOOF) by 152.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 317,481 shares of the company’s stock after acquiring an additional 191,812 shares during the period. VCA accounts for approximately 1.5% of Huber Capital Management LLC’s portfolio, making the stock its 27th biggest position. Huber Capital Management LLC owned about 0.39% of VCA worth $29,307,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of WOOF. UBS Asset Management Americas Inc. raised its holdings in shares of VCA by 15.4% during the 1st quarter. UBS Asset Management Americas Inc. now owns 49,505 shares of the company’s stock worth $4,530,000 after acquiring an additional 6,601 shares during the period. Karp Capital Management Corp purchased a new position in shares of VCA during the 1st quarter worth $1,749,000. Parametric Portfolio Associates LLC raised its holdings in shares of VCA by 6.8% during the 1st quarter. Parametric Portfolio Associates LLC now owns 142,655 shares of the company’s stock worth $13,053,000 after acquiring an additional 9,065 shares during the period. Neuberger Berman Group LLC raised its holdings in shares of VCA by 17.2% during the 1st quarter. Neuberger Berman Group LLC now owns 324,642 shares of the company’s stock worth $29,705,000 after acquiring an additional 47,542 shares during the period. Finally, Spark Investment Management LLC purchased a new position in shares of VCA during the 1st quarter worth $3,385,000. Institutional investors and hedge funds own 76.52% of the company’s stock.
Shares of VCA Inc (NASDAQ:WOOF) remained flat at $92.98 during mid-day trading on Tuesday. 21,697 shares of the stock were exchanged. The firm’s 50-day moving average price is $92.74 and its 200 day moving average price is $92.16. The stock 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 posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $735.75 million. VCA had a return on equity of 17.32% and a net margin of 9.48%. During the same quarter last year, the company earned $0.87 earnings per share. On average, analysts forecast that VCA Inc will post $3.23 earnings per share for the current year.
Several research firms have recently commented on WOOF. Zacks Investment Research lowered VCA from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th. BidaskClub lowered VCA from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 9th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $93.00 price target on shares of VCA in a report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $92.17.
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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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