Retirement Systems of Alabama increased its stake in shares of VCA Inc. (NASDAQ:WOOF) by 0.1% during the second quarter, Holdings Channel reports. The fund owned 104,259 shares of the company’s stock after buying an additional 116 shares during the period. Retirement Systems of Alabama’s holdings in VCA were worth $7,049,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Acrospire Investment Management LLC bought a new stake in VCA during the first quarter valued at about $104,000. Creative Planning raised its stake in VCA by 43.5% in the second quarter. Creative Planning now owns 2,554 shares of the company’s stock valued at $173,000 after buying an additional 774 shares during the last quarter. Clark Capital Management Group Inc. raised its stake in VCA by 7.4% in the first quarter. Clark Capital Management Group Inc. now owns 4,540 shares of the company’s stock valued at $262,000 after buying an additional 314 shares during the last quarter. Pacad Investment Ltd. bought a new stake in VCA during the first quarter valued at about $270,000. Finally, LS Investment Advisors LLC raised its stake in VCA by 74.5% in the second quarter. LS Investment Advisors LLC now owns 5,606 shares of the company’s stock valued at $379,000 after buying an additional 2,393 shares during the last quarter. 91.17% of the stock is owned by institutional investors and hedge funds.
Shares of VCA Inc. (NASDAQ:WOOF) traded up 1.02% during midday trading on Friday, hitting $70.11. The stock had a trading volume of 669,342 shares. The firm has a market cap of $5.67 billion, a price-to-earnings ratio of 25.01 and a beta of 1.23. The firm’s 50 day moving average price is $70.00 and its 200 day moving average price is $66.28. VCA Inc. has a 52-week low of $44.00 and a 52-week high of $73.69.
VCA (NASDAQ:WOOF) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.87 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.05. VCA had a return on equity of 16.86% and a net margin of 9.93%. The company earned $653.50 million during the quarter, compared to analyst estimates of $637.18 million. During the same period in the previous year, the business earned $0.70 EPS. VCA’s quarterly revenue was up 19.1% on a year-over-year basis. On average, equities research analysts expect that VCA Inc. will post $2.93 earnings per share for the current year.
Several research firms have recently issued reports on WOOF. Zacks Investment Research lowered VCA from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th. Jefferies Group raised their price objective on VCA from $56.00 to $69.00 and gave the company a “hold” rating in a research note on Thursday, July 28th. Finally, Bank of America Corp. reaffirmed a “buy” rating on shares of VCA in a research note on Thursday, September 29th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $71.00.
In other VCA news, Director John B. Chickering, Jr. sold 2,302 shares of the business’s stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $70.85, for a total transaction of $163,096.70. Following the completion of the sale, the director now directly owns 10,992 shares in the company, valued at approximately $778,783.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Arthur J. Antin sold 34,000 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The stock was sold at an average price of $69.03, for a total value of $2,347,020.00. Following the sale, the chief operating officer now owns 89,691 shares of the company’s stock, valued at $6,191,369.73. The disclosure for this sale can be found here. Company insiders own 4.60% of the company’s stock.
VCA Company Profile
VCA Inc is an animal healthcare company. The Company operates through five segments. Its Animal Hospital segment provides veterinary services for companion animals and sells related retail and pharmaceutical products. Its Laboratory segment provides diagnostic laboratory testing services for veterinarians, both associated with its animal hospitals and those independent of the Company.
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