Oxford Asset Management LLP Invests $56,000 in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Oxford Asset Management LLP bought a new stake in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,738 shares of the company’s stock, valued at approximately $56,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. New York State Common Retirement Fund boosted its holdings in shares of Petco Health and Wellness by 47.6% in the fourth quarter. New York State Common Retirement Fund now owns 11,508 shares of the company’s stock valued at $44,000 after acquiring an additional 3,711 shares in the last quarter. Swiss National Bank boosted its stake in Petco Health and Wellness by 2.6% during the 4th quarter. Swiss National Bank now owns 186,100 shares of the company’s stock valued at $709,000 after purchasing an additional 4,800 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Petco Health and Wellness by 0.5% during the 4th quarter. Renaissance Technologies LLC now owns 990,700 shares of the company’s stock valued at $3,775,000 after purchasing an additional 5,100 shares in the last quarter. Bleakley Financial Group LLC increased its position in shares of Petco Health and Wellness by 14.3% during the 4th quarter. Bleakley Financial Group LLC now owns 45,122 shares of the company’s stock valued at $172,000 after purchasing an additional 5,660 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Petco Health and Wellness by 54.7% in the 4th quarter. Sei Investments Co. now owns 18,009 shares of the company’s stock worth $69,000 after buying an additional 6,371 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WOOF. Robert W. Baird dropped their price target on shares of Petco Health and Wellness from $5.00 to $3.50 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. StockNews.com raised shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th. UBS Group decreased their price target on shares of Petco Health and Wellness from $5.50 to $3.25 and set a “neutral” rating on the stock in a research report on Thursday, March 27th. Citigroup cut their price objective on Petco Health and Wellness from $5.00 to $2.75 and set a “neutral” rating for the company in a research report on Tuesday, March 18th. Finally, Morgan Stanley decreased their target price on 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. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Petco Health and Wellness has a consensus rating of “Moderate Buy” and an average target price of $4.11.

Petco Health and Wellness Stock Performance

Shares of Petco Health and Wellness stock opened at $3.16 on Tuesday. Petco Health and Wellness Company, Inc. has a 12 month low of $1.50 and a 12 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. The stock has a market cap of $995.80 million, a PE ratio of -7.90 and a beta of 1.74. The business has a fifty day simple moving average of $2.84 and a 200-day simple moving average of $3.64.

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.