First Citizens Bank & Trust Co. boosted its position in VCA Inc. (NASDAQ:WOOF) by 3.7% during the second quarter, Holdings Channel reports. The firm owned 7,972 shares of the company’s stock after buying an additional 283 shares during the period. First Citizens Bank & Trust Co.’s holdings in VCA were worth $539,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its stake in VCA by 64.8% in the first quarter. Goldman Sachs Group Inc. now owns 978,010 shares of the company’s stock worth $56,421,000 after buying an additional 384,484 shares during the period. Alta Capital Management LLC purchased a new stake in VCA during the second quarter worth approximately $16,997,000. Bogle Investment Management L P DE purchased a new stake in VCA during the first quarter worth approximately $12,102,000. AXA increased its stake in VCA by 1,179.9% in the first quarter. AXA now owns 215,203 shares of the company’s stock worth $12,415,000 after buying an additional 198,389 shares during the period. Finally, Candriam Luxembourg S.C.A. purchased a new stake in VCA during the second quarter worth approximately $7,843,000. 91.17% of the stock is owned by hedge funds and other institutional investors.
VCA Inc. (NASDAQ:WOOF) traded down 1.34% during mid-day trading on Friday, hitting $69.11. The stock had a trading volume of 513,946 shares. VCA Inc. has a 12-month low of $44.00 and a 12-month high of $73.69. The stock has a 50-day moving average price of $69.77 and a 200 day moving average price of $66.71. The firm has a market cap of $5.59 billion, a P/E ratio of 24.66 and a beta of 1.23.
VCA (NASDAQ:WOOF) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. VCA had a return on equity of 16.86% and a net margin of 9.93%. The business had revenue of $653.50 million for the quarter, compared to the consensus estimate of $637.18 million. During the same quarter in the prior year, the business posted $0.70 EPS. The business’s revenue for the quarter was up 19.1% on a year-over-year basis. Equities analysts anticipate that VCA Inc. will post $2.93 EPS for the current fiscal year.
WOOF has been the subject of a number of research reports. Bank of America Corp. reaffirmed a “buy” rating on shares of VCA in a report on Thursday, September 29th. Jefferies Group reissued a “hold” rating on shares of VCA in a report on Friday, August 5th. Finally, Zacks Investment Research downgraded VCA from a “buy” rating to a “hold” rating in a report on Wednesday, September 28th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $71.00.
In related news, COO Arthur J. Antin sold 34,000 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $69.03, for a total transaction of $2,347,020.00. Following the transaction, the chief operating officer now owns 89,691 shares in the company, valued at approximately $6,191,369.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John B. Chickering, Jr. sold 2,302 shares of the firm’s stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $70.85, for a total value of $163,096.70. Following the transaction, the director now owns 10,992 shares in the company, valued at approximately $778,783.20. The disclosure for this sale can be found here. 4.60% of the stock is owned by insiders.
VCA Company Profile
VCA Inc is an animal healthcare company. The Company operates through five segments. Its Animal Hospital segment provides veterinary services for companion animals and sells related retail and pharmaceutical products. Its Laboratory segment provides diagnostic laboratory testing services for veterinarians, both associated with its animal hospitals and those independent of the Company.
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