JPMorgan Chase & Co. increased its stake in VCA Inc. (NASDAQ:WOOF) by 227.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,206,693 shares of the company’s stock after buying an additional 838,452 shares during the period. JPMorgan Chase & Co. owned about 1.47% of VCA worth $110,412,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of the company. First Interstate Bank raised its position in VCA by 91.7% in the fourth quarter. First Interstate Bank now owns 2,300 shares of the company’s stock valued at $158,000 after buying an additional 1,100 shares in the last quarter. Advisory Services Network LLC bought a new position in VCA during the first quarter valued at about $177,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in VCA by 13.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,606 shares of the company’s stock valued at $182,000 after buying an additional 309 shares in the last quarter. Cigna Investments Inc. New bought a new position in VCA during the fourth quarter valued at about $204,000. Finally, Brinker Capital Inc. bought a new position in VCA during the third quarter valued at about $205,000. 74.38% of the stock is owned by hedge funds and other institutional investors.
Shares of VCA Inc. (WOOF) traded up 0.28% during mid-day trading on Friday, hitting $92.65. The stock had a trading volume of 1,137,441 shares. VCA Inc. has a one year low of $59.51 and a one year high of $92.87. The firm has a 50 day moving average of $92.04 and a 200-day moving average of $86.48. The stock has a market cap of $7.53 billion, a P/E ratio of 35.50 and a beta of 0.99.
VCA (NASDAQ:WOOF) last issued its quarterly earnings results on Thursday, April 27th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.76 by $0.03. The firm had revenue of $678.25 million during the quarter, compared to analyst estimates of $679.92 million. VCA had a return on equity of 15.61% and a net margin of 8.13%. Equities research analysts expect that VCA Inc. will post $3.10 earnings per share for the current fiscal year.
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A number of equities analysts have weighed in on the company. Benchmark Co. lowered VCA from a “buy” rating to a “hold” rating in a research report on Thursday, February 16th. BidaskClub raised VCA from a “sell” rating to a “hold” rating in a research report on Friday, June 9th. Zacks Investment Research raised VCA from a “sell” rating to a “hold” rating in a research report on Saturday, March 25th. Finally, Jefferies Group LLC restated a “hold” rating and set a $93.00 price target on shares of VCA in a research note on Friday, March 17th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $86.60.
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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