Sanctuary Advisors LLC Buys Shares of 15,716 Petco Health and Wellness Company, Inc. (NASDAQ:WOOF)

Sanctuary Advisors LLC bought a new stake in Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,716 shares of the company’s stock, valued at approximately $66,000.

Several other large investors have also recently bought and sold shares of WOOF. Holocene Advisors LP lifted its position in shares of Petco Health and Wellness by 8.7% during the 3rd quarter. Holocene Advisors LP now owns 7,557,293 shares of the company’s stock valued at $34,386,000 after acquiring an additional 602,602 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Petco Health and Wellness by 82.1% in the 2nd quarter. AQR Capital Management LLC now owns 6,549,366 shares of the company’s stock valued at $22,661,000 after acquiring an additional 2,953,667 shares in the last quarter. Marshall Wace LLP lifted its position in Petco Health and Wellness by 47.3% during the 2nd quarter. Marshall Wace LLP now owns 3,401,248 shares of the company’s stock worth $12,857,000 after acquiring an additional 1,092,204 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Petco Health and Wellness by 233.7% during the second quarter. Millennium Management LLC now owns 2,679,132 shares of the company’s stock worth $10,127,000 after buying an additional 1,876,233 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Petco Health and Wellness by 9.2% in the third quarter. Geode Capital Management LLC now owns 2,212,292 shares of the company’s stock valued at $10,068,000 after buying an additional 186,230 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Citigroup lifted their price objective on Petco Health and Wellness from $4.00 to $4.50 and gave the company a “neutral” rating in a report on Thursday, September 12th. The Goldman Sachs Group cut their price target on shares of Petco Health and Wellness from $5.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, September 12th. StockNews.com raised shares of Petco Health and Wellness from a “hold” rating to a “buy” rating in a research report on Monday, December 9th. Wedbush boosted their price objective on shares of Petco Health and Wellness from $5.50 to $6.00 and gave the company an “outperform” rating in a research report on Friday, December 6th. Finally, Morgan Stanley increased their target price on Petco Health and Wellness from $3.00 to $6.00 and gave the stock an “equal weight” rating in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Petco Health and Wellness currently has an average rating of “Hold” and a consensus target price of $4.25.

Petco Health and Wellness Stock Performance

Shares of NASDAQ WOOF opened at $3.83 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.22 and a current ratio of 0.84. The stock has a 50 day moving average price of $4.39 and a 200 day moving average price of $3.92. The stock has a market capitalization of $1.20 billion, a PE ratio of -9.58 and a beta of 1.89. Petco Health and Wellness Company, Inc. has a 52 week low of $1.41 and a 52 week high of $6.29.

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.