Ameritas Investment Partners Inc. increased its stake in VCA Inc (NASDAQ:WOOF) by 1.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,320 shares of the company’s stock after buying an additional 373 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in VCA were worth $2,245,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. bought a new stake in VCA in the first quarter worth $163,000. RBF Capital LLC bought a new stake in VCA in the first quarter worth $201,000. Daiwa Securities Group Inc. bought a new stake in VCA in the second quarter worth $217,000. CNA Financial Corp bought a new stake in VCA in the first quarter worth $238,000. Finally, Nordea Investment Management AB bought a new stake in VCA in the second quarter worth $238,000. Institutional investors own 76.52% of the company’s stock.
VCA Inc (NASDAQ WOOF) remained flat at $92.98 during mid-day trading on Friday. The company’s stock had a trading volume of 317,782 shares. The company has a 50 day moving average price of $92.82 and a 200-day moving average price of $92.24. VCA Inc has a 12-month low of $59.51 and a 12-month high of $93.00. The firm has a market capitalization of $7.56 billion, a P/E ratio of 34.94 and a beta of 1.01.
VCA (NASDAQ:WOOF) last posted its earnings results on Wednesday, July 26th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.94 by $0.02. VCA had a return on equity of 17.32% and a net margin of 9.48%. The firm had revenue of $743.13 million for the quarter, compared to analyst estimates of $735.75 million. During the same quarter in the prior year, the company earned $0.87 EPS. Equities research analysts predict that VCA Inc will post $3.23 EPS for the current fiscal year.
A number of brokerages recently issued reports on WOOF. BidaskClub upgraded VCA from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 29th. Zacks Investment Research downgraded VCA from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $93.00 price target on shares of VCA in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a strong buy rating to the stock. VCA has an average rating of “Hold” and a consensus price target of $92.17.
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VCA Company Profile
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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