Patterson Companies (PDCO) : Speece Thorson Capital Group Inc scooped up 1,320 additional shares in Patterson Companies during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 101,460 shares of Patterson Companies which is valued at $4,956,321.Patterson Companies makes up approximately 1.06% of Speece Thorson Capital Group Inc’s portfolio.
Other Hedge Funds, Including , Retirement Systems Of Alabama reduced its stake in PDCO by selling 163 shares or 0.38% in the most recent quarter. The Hedge Fund company now holds 42,434 shares of PDCO which is valued at $2,072,901. Patterson Companies makes up approx 0.01% of Retirement Systems Of Alabama’s portfolio. Quantres Asset Management Ltd added PDCO to its portfolio by purchasing 4,600 company shares during the most recent quarter which is valued at $227,746. Patterson Companies makes up approx 0.14% of Quantres Asset Management Ltd’s portfolio.Eqis Capital Management reduced its stake in PDCO by selling 5,374 shares or 33.83% in the most recent quarter. The Hedge Fund company now holds 10,511 shares of PDCO which is valued at $521,346. Patterson Companies makes up approx 0.03% of Eqis Capital Management’s portfolio.Nn Investment Partners Holdings N.v. reduced its stake in PDCO by selling 115,208 shares or 99.48% in the most recent quarter. The Hedge Fund company now holds 602 shares of PDCO which is valued at $29,715. Washington Trust Bank added PDCO to its portfolio by purchasing 74 company shares during the most recent quarter which is valued at $3,687.
Patterson Companies opened for trading at $48.83 and hit $49.43 on the upside on Friday, eventually ending the session at $49.36, with a gain of 0.90% or 0.44 points. The heightened volatility saw the trading volume jump to 5,00,673 shares. Company has a market cap of $4,892 M.
On the company’s financial health, Patterson Companies reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 26, 2016. Analyst had a consensus of $0.75. The company had revenue of $1453.70 million for the quarter, compared to analysts expectations of $1464.59 million. The company’s revenue was up 40.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.
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.