Jefferies Group Reaffirms "Hold" Rating for Patterson Companies (PDCO)

Fairpointe Capital LLC now owns 3,974,188 shares of the company's stock valued at $143,588,000 after acquiring an additional 213,341 shares in the last quarter. The institutional investor held 6,998 shares of the health care company at the end of 2017Q3, valued at $270,000, down from 15,000 at the end of the previous reported quarter.

The stock is trading -47.94% away from its 52 week high of $48.29 and 11.39% far from the stock's low point over the past 52 weeks, which was $22.57. The stock decreased 0.88% or $0.22 during the last trading session, reaching $24.92. About 2.33 million shares traded or 23.67% up from the average. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 4.97% since March 8, 2017 and is downtrending. It has underperformed by 21.67% the S&P500.

Salem Capital Management Inc decreased its stake in Unilever Plc Adr (UL) by 54.85% based on its latest 2017Q3 regulatory filing with the SEC.

Pring Turner Capital Group Inc holds 2.98% of its portfolio in Royce Value Trust Inc. for 190,696 shares. The firm owned 551,811 shares of the company's stock after purchasing an additional 281,369 shares during the period. Ao Asset Management Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $888.10B market cap company. About 631,178 shares traded. Unilever PLC (NYSE:UL) has risen 20.68% since March 9, 2017 and is uptrending. It has outperformed by 84.98% the S&P500.

Among 17 analysts covering Patterson Companies Inc. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Therefore 33% are positive. (NASDAQ:PDCO). Ameriprise Fincl reported 0% in Patterson Companies, Inc. Robert W. Baird reiterated a "buy" rating and issued a $44.00 price objective on shares of Patterson Companies in a research note on Friday, November 10th. (NASDAQ:PDCO) by 104.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The brokerage now has an "underweight" rating on the stock. The firm is expected to issue its next earnings report before the market opens on Thursday, March 1st. The firm earned "Overweight" rating on Friday, August 28 by Piper Jaffray. Craig Hallum maintained Patterson Companies, Inc. (NASDAQ:PDCO) has "Hold" rating given on Tuesday, November 21 by Piper Jaffray. UBS initiated the stock with "Neutral" rating in Thursday, October 6 report. The firm has "Sell" rating by UBS given on Tuesday, July 11. The firm earned "Market Perform" rating on Friday, August 28 by William Blair. The stock has "Buy" rating by Canaccord Genuity on Friday, July 24. Its down 0.99, from 1.85 in 2017Q2.

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Several hedge funds and other institutional investors have recently modified their holdings of the stock. 46 funds opened positions while 130 raised stakes. Patterson Companies, Inc. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.80 and a quick ratio of 1.00. "(PDCO) Expected to Announce Quarterly Sales of $1.38 Billion" was first posted by Week Herald and is owned by of Week Herald. Quantitative Systematic Strategies Limited Liability holds 0.11% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO) for 10,982 shares. (NASDAQ:PDCO). Glenmede Tru Company Na reported 227,456 shares. The stock of Patterson Companies, Inc. Finally, State of Wisconsin Investment Board boosted its position in shares of Patterson Companies by 424.2% in the third quarter. Fmr Limited Liability Corporation, Massachusetts-based fund reported 1.08 million shares. Macquarie Group Limited reported 0% of its portfolio in Patterson Companies, Inc.

TRADEMARK VIOLATION NOTICE: "Jefferies Group Reaffirms "Hold" Rating for Patterson Companies (PDCO)" was posted by registrarjournal.com and is the property of of registrarjournal.com. Zacks Investment Research downgraded Patterson Companies from a "buy" rating to a "hold" rating in a report on Monday, March 5th. 139,945 were accumulated by Ngam Advisors Lp. Therefore 11% are positive.

Among 18 analysts covering Patterson Companies Inc. The company was maintained on Monday, March 5 by JP Morgan. Rosenblatt maintained Apple Inc. (NYSE:EVTC) has "Neutral" rating given on Friday, August 14 by JP Morgan. (NASDAQ:PDCO) on Tuesday, January 2 with "Buy" rating. Nomura maintained Apple Inc. (NASDAQ:PDCO) for 45,502 shares. South Dakota Inv Council reported 38,500 shares. Commonwealth Of Pennsylvania School Empls Retrmt Sys reported 6,699 shares stake. It also upped Ametek Inc New (NYSE:AME) stake by 4,708 shares and now owns 128,985 shares.

Investors sentiment decreased to 0.86 in 2017 Q3. Highbridge Cap Mgmt holds 26,284 shares. However the company's price to cash per share for most recent quarter stands at 1.11. Centre Asset Ltd Liability invested 6.13% in Apple Inc. Strs Ohio stated it has 1,088 shares or 0% of all its holdings. Anderson Hoagland And Co has 19,650 shares for 1.86% of their portfolio. Telemark Asset Mngmt owns 2.38% invested in Apple Inc. (NASDAQ:AAPL) for 75,000 shares. The Parnassus Investments holds 8.65M shares with $334.25M value, down from 8.83 million last quarter. Farmers Co holds 51,765 shares.

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