229,585 Shares in VCA Inc. (WOOF) Acquired by Sumitomo Mitsui Trust Holdings Inc.
Sumitomo Mitsui Trust Holdings Inc. acquired a new position in shares of VCA Inc. (NASDAQ:WOOF) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 229,585 shares of the company’s stock, valued at approximately $21,193,000. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.28% of VCA at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of VCA by 2,848.0% in the first quarter. BlackRock Inc. now owns 6,340,883 shares of the company’s stock worth $580,192,000 after buying an additional 6,125,792 shares in the last quarter. Pentwater Capital Management LP purchased a new stake in shares of VCA during the first quarter worth about $214,110,000. Bank of America Corp DE raised its stake in shares of VCA by 267.3% in the first quarter. Bank of America Corp DE now owns 2,624,862 shares of the company’s stock worth $240,175,000 after buying an additional 1,910,155 shares in the last quarter. Morgan Stanley raised its stake in shares of VCA by 535.1% in the first quarter. Morgan Stanley now owns 1,546,462 shares of the company’s stock worth $141,500,000 after buying an additional 1,302,982 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of VCA by 227.7% in the first quarter. JPMorgan Chase & Co. now owns 1,206,693 shares of the company’s stock worth $110,412,000 after buying an additional 838,452 shares in the last quarter. 78.04% of the stock is owned by hedge funds and other institutional investors.
VCA Inc. (WOOF) opened at 92.96 on Friday. The firm’s 50-day moving average is $92.58 and its 200 day moving average is $91.96. VCA Inc. has a 52 week low of $59.51 and a 52 week high of $92.97. The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 34.93 and a beta of 1.01.
VCA (NASDAQ:WOOF) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $0.96 EPS for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.02. VCA had a net margin of 8.00% and a return on equity of 15.54%. The company had revenue of $743.13 million during the quarter, compared to the consensus estimate of $735.75 million. During the same quarter in the prior year, the company posted $0.87 EPS. On average, equities research analysts expect that VCA Inc. will post $3.20 EPS for the current year.
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A number of equities research analysts recently issued reports on WOOF shares. BidaskClub raised shares of VCA from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Zacks Investment Research raised shares of VCA from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $93.00 price objective on shares of VCA in a report on Friday, July 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $92.17.
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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