Patterson Companies (PDCO) : Pensionfund Sabic added new position in Patterson Companies during the most recent quarter end. The investment management firm now holds 31,000 shares of Patterson Companies which is valued at $1.4 Million according to a report filed by the company on Apr 4, 2016 with the SEC.Patterson Companies makes up approximately 0.42% of Pensionfund Sabic’s portfolio.
Other Hedge Funds, Including , Pensionfund Dsm Netherlands added PDCO to its portfolio by purchasing 70,000 company shares during the most recent quarter which is valued at $3.1 Million. Patterson Companies makes up approx 0.43% of Pensionfund Dsm Netherlands’s portfolio.
On the company’s financial health, Patterson Companies reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $0.67. The company had revenue of $1400.85 million for the quarter, compared to analysts expectations of $1402.18 million. The company’s revenue was up 46.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS.
Many Wall Street Analysts have commented on Patterson Companies. Patterson Companies was Initiated by Credit Suisse to “Outperform” on Mar 16, 2016.
Patterson Companies closed down -0.14 points or -0.31% at $44.8 with 6,11,120 shares getting traded on Monday. Post opening the session at $45, the shares hit an intraday low of $44.57 and an intraday high of $45.2 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Patterson Companies Inc. is a distributor serving the dental veterinary and rehabilitation supply markets. The Company operates through three segments: dental supply veterinary supply and rehabilitation supply. The Company’s dental supply segment provides consumable products (including x-ray film restorative materials hand instruments and sterilization products); basic and advanced technology dental equipment; practice management and clinical software; patient education systems and office forms and stationery. The Company’s veterinary supply segment distributes veterinary supplies to companion-pet (dogs cats and other common household pets) equine and large animal veterinarians and veterinary clinics public and private institutions and shelters across the United States and in the United Kingdom. The rehabilitation supply segment distributes rehabilitation medical supplies and equipment.