Cigna Investments Inc. New lowered its position in VCA Inc. (NASDAQ:WOOF) by 5.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,184 shares of the company’s stock after selling 168 shares during the period. Cigna Investments Inc. New’s holdings in VCA were worth $294,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of WOOF. Mcdonald Capital Investors Inc. CA purchased a new stake in VCA during the first quarter worth approximately $549,000. Eqis Capital Management Inc. boosted its stake in VCA by 23.3% in the first quarter. Eqis Capital Management Inc. now owns 14,237 shares of the company’s stock worth $1,303,000 after buying an additional 2,694 shares during the period. State Treasurer State of Michigan boosted its stake in VCA by 0.9% in the first quarter. State Treasurer State of Michigan now owns 33,000 shares of the company’s stock worth $3,020,000 after buying an additional 300 shares during the period. Great West Life Assurance Co. Can boosted its stake in VCA by 6.8% in the first quarter. Great West Life Assurance Co. Can now owns 48,672 shares of the company’s stock worth $4,452,000 after buying an additional 3,096 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in VCA during the first quarter worth approximately $177,000. Institutional investors and hedge funds own 74.12% of the company’s stock.
VCA Inc. (NASDAQ WOOF) opened at 92.55 on Monday. VCA Inc. has a 12 month low of $59.51 and a 12 month high of $92.87. The company has a 50-day moving average price of $92.53 and a 200 day moving average price of $91.83. The firm has a market cap of $7.52 billion, a PE ratio of 34.78 and a beta of 1.01.
VCA (NASDAQ:WOOF) last issued its earnings results on Wednesday, July 26th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.02. VCA had a net margin of 8.00% and a return on equity of 15.54%. The firm had revenue of $743.13 million for the quarter, compared to analysts’ expectations of $735.75 million. During the same quarter last year, the company posted $0.87 earnings per share. Equities research analysts anticipate that VCA Inc. will post $3.20 EPS for the current year.
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A number of analysts have recently commented on the company. BidaskClub cut VCA from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 9th. Zacks Investment Research upgraded VCA from a “hold” rating to a “buy” rating and set a $104.00 target price on the stock in a research report on Tuesday, August 1st. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $93.00 target price on shares of VCA in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $92.17.
About VCA
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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