20,199 Shares in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) Bought by Poinciana Advisors Group LLC

Poinciana Advisors Group LLC bought a new position in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 20,199 shares of the company’s stock, valued at approximately $77,000.

Other institutional investors have also recently bought and sold shares of the company. PDT Partners LLC bought a new position in Petco Health and Wellness in the 3rd quarter worth $865,000. Invenomic Capital Management LP bought a new position in Petco Health and Wellness in the 3rd quarter worth $2,747,000. JPMorgan Chase & Co. raised its holdings in Petco Health and Wellness by 328.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,761,247 shares of the company’s stock worth $8,014,000 after acquiring an additional 1,349,728 shares during the period. FMR LLC raised its holdings in Petco Health and Wellness by 170.9% in the 3rd quarter. FMR LLC now owns 1,521,516 shares of the company’s stock worth $6,923,000 after acquiring an additional 959,960 shares during the period. Finally, Principal Financial Group Inc. bought a new position in Petco Health and Wellness in the 3rd quarter worth $728,000.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WOOF. Wells Fargo & Company boosted their price objective on shares of Petco Health and Wellness from $3.00 to $5.00 and gave the stock an “equal weight” rating in a report on Friday, December 6th. StockNews.com upgraded shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a report on Tuesday. Wedbush restated an “outperform” rating and set a $6.00 price objective on shares of Petco Health and Wellness in a report on Wednesday, February 19th. Morgan Stanley dropped their price objective on shares of Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Finally, Royal Bank of Canada restated an “outperform” rating and set a $6.00 price objective on shares of Petco Health and Wellness in a report on Friday, December 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $4.33.

Petco Health and Wellness Stock Performance

NASDAQ WOOF opened at $2.39 on Friday. The stock has a market cap of $749.14 million, a P/E ratio of -5.98 and a beta of 1.92. The company’s 50-day simple moving average is $3.23 and its 200 day simple moving average is $3.95. Petco Health and Wellness Company, Inc. has a twelve month low of $1.41 and a twelve month high of $6.29. The company has a quick ratio of 0.22, a current ratio of 0.84 and a debt-to-equity ratio of 1.40.

Petco Health and Wellness Company Profile

Petco Health and Wellness Company, Inc, operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico. The company provides veterinary care, grooming, training, tele-health, and Vital Care and pet health insurance services, as well as veterinary services through Vetco mobile clinics.