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Principale » Patterson Companies, Inc. (PDCO) Position Increased by Dimensional Fund Advisors LP

Patterson Companies, Inc. (PDCO) Position Increased by Dimensional Fund Advisors LP

01 Novembre 2017

On average, analysts predict that Patterson Companies, Inc. will post $2.29 earnings per share for the current fiscal year. (NASDAQ:PDCO) by 6.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The return on assets stands at 4.6%, Return on Equity now is 11.7% and the Return on Investment value is 8.5%. FMR LLC now owns 1,400,718 shares of the company's stock valued at $65,763,000 after purchasing an additional 75,354 shares during the period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company.

Patterson Companies, Inc. (PDCO) now the company's industry has 11.66 P/E and the sector P/E is 16.31. The company's past year sales total was 1.42 Million. Of those insider trades, 25,524 shares of Patterson Companies, Inc. were purchased and 851 shares were sold. Grows Stake in Patterson Companies, Inc. State Street Corp increased its position in shares of Patterson Companies by 1.8% during the first quarter. Finally, Royce & Associates LP bought a new stake in shares of Patterson Companies during the 1st quarter worth approximately $678,000. Teachers Advisors LLC now owns 110,321 shares of the company's stock worth $4,990,000 after purchasing an additional 3,651 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Patterson 1.5% in the first quarter. Over the past twelve months, Patterson Companies, Inc. (NASDAQ:PDCO) traded -1.01% lower at $44.29. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 21.34 and a beta of 0.97. The company had a trading volume of 142,193 shares. The company reported $0.51 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.51.

Patterson Cos. had a net margin of 3.52% and a return on equity of 17.42%.

The High Revenue estimate is predicted as 1.46 Million, while the Low Revenue Estimate prediction stands at 1.39 Million. During the same quarter past year, the company earned $0.51 EPS. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.34 billion. Envestnet Asset Management Inc. now owns 62,504 shares of the company's stock worth $2,908,000 after buying an additional 5,602 shares during the last quarter. Shareholders of record on Friday, October 13th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date was Thursday, October 12th. Patterson Companies's dividend payout ratio is 60.47%.

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The passenger vehicles segment sold 23,413 units of vehicles in October 2017, against 24,737 vehicles in October 2016. Ashok Leyland sold 12,914 units this October and the company had sold 12,534 units in the same month past year .

Insider Trades for Patterson Companies, Inc. show that the latest trade was made on 10 Oct 2017 where Gugino Ann B, the Chief Financial Officer completed a transaction type "Sell" in which 750 shares were traded at a price of $36.73. The stock was sold at an average price of $36.73, for a total transaction of $27,547.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Credit Suisse Group restated an "outperform" rating and issued a $50.00 price target (up previously from $45.00) on shares of Patterson Companies in a research note on Thursday, July 13th.

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Patterson Companies, Inc. (NASDAQ:PDCO)'s RSI (Relative Strength Index) is 42.34.

A number of research firms have recently issued reports on PDCO. They set a "neutral" rating and a $41.00 price objective for the company. Stifel Nicolaus dropped their price objective on Patterson Companies from $39.00 to $34.00 and set a "sell" rating on the stock in a report on Tuesday, August 15th. Of those analysts, 3 rate stock as a Strong Buy, 7 rate it as Hold, and just no analyst rates it as a Moderate Sell. The company has a consensus rating of "Hold" and a consensus target price of $41.64.