VCA Inc. (NASDAQ:WOOF) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 1,479,259 shares, a decrease of 25.3% from the May 15th total of 1,981,022 shares. Based on an average trading volume of 1,296,869 shares, the short-interest ratio is currently 1.1 days. Currently, 1.9% of the shares of the stock are short sold.
A number of analysts have recently weighed in on the stock. BidaskClub raised shares of VCA from a “sell” rating to a “hold” rating in a report on Friday, June 9th. Zacks Investment Research downgraded shares of VCA from a “hold” rating to a “sell” rating in a report on Tuesday, May 2nd. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $93.00 price target on shares of VCA in a report on Friday, March 17th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. VCA has a consensus rating of “Hold” and a consensus target price of $86.60.
A number of large investors have recently made changes to their positions in the stock. Allianz Asset Management AG raised its stake in shares of VCA by 0.3% in the fourth quarter. Allianz Asset Management AG now owns 432,844 shares of the company’s stock valued at $29,715,000 after buying an additional 1,184 shares during the last quarter. First Republic Investment Management Inc. raised its stake in shares of VCA by 42.6% in the fourth quarter. First Republic Investment Management Inc. now owns 18,880 shares of the company’s stock valued at $1,296,000 after buying an additional 5,643 shares during the last quarter. Norges Bank bought a new stake in shares of VCA during the fourth quarter valued at about $39,039,000. Federated Investors Inc. PA raised its stake in shares of VCA by 19.6% in the fourth quarter. Federated Investors Inc. PA now owns 385,244 shares of the company’s stock valued at $26,447,000 after buying an additional 63,044 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of VCA during the fourth quarter valued at about $23,765,000. Institutional investors and hedge funds own 74.38% of the company’s stock.
VCA (WOOF) opened at 92.65 on Friday. The company’s 50-day moving average is $92.04 and its 200-day moving average is $86.48. VCA has a 52-week low of $59.51 and a 52-week high of $92.87. The firm has a market capitalization of $7.53 billion, a PE ratio of 35.50 and a beta of 0.99.
VCA (NASDAQ:WOOF) last announced its earnings results on Thursday, April 27th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.03. VCA had a net margin of 8.13% and a return on equity of 15.61%. The company had revenue of $678.25 million for the quarter, compared to the consensus estimate of $679.92 million. Analysts forecast that VCA will post $3.10 EPS for the current fiscal year.
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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