Mitchell Capital Management Co. purchased a new stake in shares of VCA Inc. (NASDAQ:WOOF) during the second quarter, Holdings Channel reports. The firm purchased 80,596 shares of the company’s stock, valued at approximately $5,449,000. VCA comprises approximately 2.2% of Mitchell Capital Management Co.’s holdings, making the stock its 29th largest position.
A number of other institutional investors also recently bought and sold shares of WOOF. Creative Planning increased its stake in VCA by 43.5% in the second quarter. Creative Planning now owns 2,554 shares of the company’s stock valued at $173,000 after buying an additional 774 shares during the period. Clark Capital Management Group Inc. increased its stake in VCA by 7.4% in the first quarter. Clark Capital Management Group Inc. now owns 4,540 shares of the company’s stock valued at $262,000 after buying an additional 314 shares during the period. Pacad Investment Ltd. acquired a new stake in VCA during the first quarter valued at approximately $270,000. Seven Eight Capital LLC increased its stake in VCA by 57.5% in the first quarter. Seven Eight Capital LLC now owns 6,300 shares of the company’s stock valued at $363,000 after buying an additional 2,300 shares during the period. Finally, LS Investment Advisors LLC increased its stake in VCA by 74.5% in the second quarter. LS Investment Advisors LLC now owns 5,606 shares of the company’s stock valued at $379,000 after buying an additional 2,393 shares during the period. Institutional investors own 91.18% of the company’s stock.
Shares of VCA Inc. (NASDAQ:WOOF) traded down 0.71% during midday trading on Monday, hitting $68.62. 600,728 shares of the stock were exchanged. The firm’s 50 day moving average price is $69.77 and its 200-day moving average price is $66.71. The stock has a market cap of $5.55 billion, a P/E ratio of 24.48 and a beta of 1.23. VCA Inc. has a 52-week low of $44.00 and a 52-week high of $73.69.
VCA (NASDAQ:WOOF) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.05. The firm earned $653.50 million during the quarter, compared to analyst estimates of $637.18 million. VCA had a return on equity of 16.86% and a net margin of 9.93%. VCA’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.70 EPS. On average, equities research analysts expect that VCA Inc. will post $2.93 earnings per share for the current fiscal year.
Several equities research analysts have commented on the stock. Jefferies Group reaffirmed a “hold” rating on shares of VCA in a report on Friday, August 5th. Zacks Investment Research raised shares of VCA from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a report on Friday, July 29th. Finally, Bank of America Corp. reaffirmed a “buy” rating on shares of VCA in a report on Thursday, September 29th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $71.00.
In related news, COO Arthur J. Antin sold 34,000 shares of VCA stock in a transaction dated Friday, September 16th. The stock was sold at an average price of $69.03, for a total value of $2,347,020.00. Following the completion of the sale, the chief operating officer now directly owns 89,691 shares in the company, valued at approximately $6,191,369.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John B. Chickering, Jr. sold 2,302 shares of VCA stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $70.85, for a total value of $163,096.70. Following the completion of the sale, the director now owns 10,992 shares of the company’s stock, valued at $778,783.20. The disclosure for this sale can be found here. 4.60% of the stock is owned by corporate insiders.
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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