Principal Financial Group Inc. raised its position in shares of VCA Inc. (NASDAQ:WOOF) by 53.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 421,683 shares of the company’s stock after buying an additional 147,647 shares during the period. Principal Financial Group Inc. owned 0.52% of VCA worth $28,510,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Teacher Retirement System of Texas boosted its position in shares of VCA by 14.8% in the second quarter. Teacher Retirement System of Texas now owns 11,346 shares of the company’s stock worth $767,000 after buying an additional 1,461 shares during the period. Tributary Capital Management LLC raised its stake in VCA by 11.7% in the second quarter. Tributary Capital Management LLC now owns 127,261 shares of the company’s stock worth $8,604,000 after buying an additional 13,347 shares in the last quarter. SECOR Capital Advisors LP raised its stake in VCA by 549.3% in the second quarter. SECOR Capital Advisors LP now owns 76,690 shares of the company’s stock worth $5,185,000 after buying an additional 64,879 shares in the last quarter. Victory Capital Management Inc. raised its stake in VCA by 284.6% in the second quarter. Victory Capital Management Inc. now owns 1,422,709 shares of the company’s stock worth $96,189,000 after buying an additional 1,052,773 shares in the last quarter. Finally, Penserra Capital Management LLC raised its stake in VCA by 8,733.6% in the second quarter. Penserra Capital Management LLC now owns 10,247 shares of the company’s stock worth $693,000 after buying an additional 10,131 shares in the last quarter. 91.17% of the stock is owned by institutional investors.
Shares of VCA Inc. (NASDAQ:WOOF) traded up 0.25% during mid-day trading on Monday, hitting $67.68. 117,377 shares of the stock were exchanged. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 24.15 and a beta of 1.30. VCA Inc. has a 52-week low of $44.00 and a 52-week high of $73.69. The stock has a 50-day moving average price of $70.91 and a 200 day moving average price of $65.27.
VCA (NASDAQ:WOOF) last announced its earnings results on Wednesday, July 27th. The company reported $0.87 earnings per share (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 firm had revenue of $653.50 million for the quarter, compared to analyst estimates of $637.18 million. During the same quarter last year, the firm posted $0.70 EPS. The business’s revenue was up 19.1% on a year-over-year basis. On average, equities research analysts expect that VCA Inc. will post $2.93 earnings per share for the current year.
A number of analysts have weighed in on the stock. Jefferies Group restated a “hold” rating on shares of VCA in a research note on Friday, August 5th. Zacks Investment Research upgraded shares of VCA from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research note on Friday, July 29th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $71.75.
In other VCA news, Director John B. Chickering, Jr. sold 2,302 shares of the firm’s stock in a transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Arthur J. Antin sold 34,000 shares of the firm’s stock in a transaction on Friday, September 16th. The shares were sold at an average price of $69.03, for a total value of $2,347,020.00. Following the completion of the transaction, the chief operating officer now owns 89,691 shares in the company, valued at approximately $6,191,369.73. The disclosure for this sale can be found here. Insiders own 4.60% of the company’s stock.
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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