Advyzon Investment Management LLC Makes New $85,000 Investment in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Advyzon Investment Management LLC acquired a new stake in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 22,440 shares of the company’s stock, valued at approximately $85,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. lifted its stake in Petco Health and Wellness by 253.7% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 11,231 shares of the company’s stock valued at $51,000 after purchasing an additional 8,056 shares during the last quarter. New York State Common Retirement Fund lifted its position 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 buying an additional 3,711 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Petco Health and Wellness in the third quarter valued at approximately $58,000. Sanctuary Advisors LLC bought a new position in shares of Petco Health and Wellness during the 3rd quarter worth approximately $66,000. Finally, Diversified Trust Co increased its holdings in shares of Petco Health and Wellness by 57.2% during the 4th quarter. Diversified Trust Co now owns 25,486 shares of the company’s stock worth $97,000 after acquiring an additional 9,272 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wedbush reaffirmed an “outperform” rating and set a $6.00 price target on shares of Petco Health and Wellness in a report on Wednesday. Wells Fargo & Company raised their target price on shares of Petco Health and Wellness from $3.00 to $5.00 and gave the stock an “equal weight” rating in a research note on Friday, December 6th. Morgan Stanley decreased their price target on shares of Petco Health and Wellness from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Royal Bank of Canada restated an “outperform” rating and set a $6.00 price objective on shares of Petco Health and Wellness in a research report on Friday, December 20th. Finally, StockNews.com downgraded Petco Health and Wellness from a “buy” rating to a “hold” rating in a research report on Sunday, February 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $4.16.

Petco Health and Wellness Trading Down 3.5 %

Shares of WOOF stock opened at $2.99 on Friday. The stock has a 50 day simple moving average of $3.69 and a 200 day simple moving average of $3.95. Petco Health and Wellness Company, Inc. has a 1 year low of $1.41 and a 1 year high of $6.29. The company has a current ratio of 0.84, a quick ratio of 0.22 and a debt-to-equity ratio of 1.40. The stock has a market cap of $937.22 million, a P/E ratio of -7.48 and a beta of 1.88.

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.