This move comes after the company’s recent strong performance, particularly in its pet food and supplies segment. Royal Bank of Canada’s analysts believe that Petco’s focus on digital innovation and its expanding retail footprint are key drivers of future growth. They also highlight the company’s commitment to sustainability and its efforts to attract a younger generation of pet owners.
* HoldingsChannel.com offers insights into hedge fund holdings. * Petco Health and Wellness (WOOF) is a company that offers pet care products and services. * Petco’s stock opened at $4.58 on Wednesday. * The stock has shown historical price trends with moving averages.
AQR Capital Management LLC is a large institutional investor with a significant presence in the market. Another notable example is the increase in the stake of Citadel Securities in shares of Petco Health and Wellness by 10.8% during the second quarter. Citadel Securities is a prominent player in the market, known for its large-scale trading activities.
About Petco Health and Wellness (Get Free Report) 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. Featured Articles Receive News & Ratings for Petco Health and Wellness Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Petco Health and Wellness and related companies with MarketBeat.com’s FREE daily email newsletter.