Patterson Companies, Inc. (NASDAQ:PDCO) is expected to pay $0.24 on Oct 28, 2016. The indicated annual dividend is $0.96. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on Patterson Companies, Inc.’s current price of $45.92, the dividend is 0.52%. This dividend’s record date is Oct 14, 2016 and the announcement date is Sep 14, 2016. The stock increased 1.28% or $0.58 during the last trading session, hitting $45.92. Patterson Companies, Inc. (NASDAQ:PDCO) has risen 4.15% since March 8, 2016 and is uptrending. It has underperformed by 5.17% the S&P500.
Patterson Companies, Inc. is a distributor serving the dental, veterinary and rehabilitation supply markets. The company has a market cap of $4.55 billion. The Firm operates through three divisions: dental supply, veterinary supply and rehabilitation supply. It has a 21.74 P/E ratio. The dental supply segment provides a range of consumable dental products, clinical and laboratory equipment, and value-added services to dentists, dental laboratories, institutions and other dental healthcare providers across North America.
Insitutional Activity: The institutional sentiment increased to 1.19 in Q2 2016. Its up 0.08, from 1.11 in 2016Q1. The ratio improved, as 26 funds sold all Patterson Companies, Inc. shares owned while 119 reduced positions. 48 funds bought stakes while 125 increased positions. They now own 75.27 million shares or 0.10% more from 75.19 million shares in 2016Q1.
Guardian Life Insur Co Of America accumulated 0% or 309 shares. Schwab Charles Inv Mngmt accumulated 333,163 shares or 0.02% of the stock. Eaton Vance Mngmt, a Massachusetts-based fund reported 24,123 shares. Glob X Mngmt Ltd owns 22 shares or 0% of their US portfolio. Kbc Grp Inc Nv accumulated 67,392 shares or 0.05% of the stock. Nuance Invests Ltd Company, a Kansas-based fund reported 901,806 shares. Chevy Chase reported 71,103 shares or 0.02% of all its holdings. Asset Management Incorporated accumulated 0% or 3,523 shares. Toronto Dominion National Bank last reported 465 shares in the company. Farmers & Merchants Invests Inc last reported 0% of its portfolio in the stock. Echo Street Capital Management has 0.7% invested in the company for 348,469 shares. Advantus Mgmt Inc holds 7,954 shares or 0.01% of its portfolio. Paloma Partners Mngmt reported 81,987 shares or 0.04% of all its holdings. Point72 Asia (Hong Kong) Ltd holds 0.04% of its portfolio in Patterson Companies, Inc. (NASDAQ:PDCO) for 800 shares. The New Jersey-based Palisade Capital Mngmt Lc Nj has invested 0.17% in Patterson Companies, Inc. (NASDAQ:PDCO).
Insider Transactions: Since May 31, 2016, the stock had 0 insider purchases, and 2 insider sales for $71,310 net activity. GUGINO ANN B had sold 750 shares worth $34,665 on Monday, August 29.
Patterson Companies, Inc. (NASDAQ:PDCO) Ratings Coverage
Out of 5 analysts covering Patterson Companies Inc. (NASDAQ:PDCO), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Patterson Companies Inc. has been the topic of 7 analyst reports since August 28, 2015 according to StockzIntelligence Inc. The company was upgraded on Friday, August 28 by Piper Jaffray. The firm has “Neutral” rating by UBS given on Thursday, October 6. The stock has “Buy” rating given by Evercore on Wednesday, January 6. The company was reinitiated on Wednesday, August 24 by Bank of America. The firm has “Market Perform” rating given on Friday, August 28 by William Blair. On Friday, August 26 the stock rating was maintained by Robert W. Baird with “Neutral”. As per Friday, May 27, the company rating was downgraded by Evercore.
More notable recent Patterson Companies, Inc. (NASDAQ:PDCO) news were published by: Businesswire.com which released: “Todd Marshall Joins Patterson Companies as Chief Marketing and Digital Officer” on July 22, 2016, also Nasdaq.com with their article: “Patterson Companies Inc. Reveals 4% Gain In Q1 Earnings” published on August 25, 2016, Businesswire.com published: “Patterson Companies Names Paul Guggenheim Chief Innovation Officer” on June 02, 2016. More interesting news about Patterson Companies, Inc. (NASDAQ:PDCO) were released by: Prnewswire.com and their article: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Patterson …” published on July 29, 2016 as well as Forbes.com‘s news article titled: “RSI Alert: Patterson Companies (PDCO) Now Oversold” with publication date: August 17, 2016.
PDCO Company Profile
Patterson Companies, Inc., incorporated on June 15, 1992, is a distributor serving the dental, veterinary and rehabilitation supply markets. The Firm operates through three divisions: dental supply, veterinary supply and rehabilitation supply. The Firm serves the North American dental supply market, the United States and the United Kingdom veterinary supply market, and the across the world rehabilitation and assistive products supply market. The Company’s operating units include Patterson Dental, Patterson Veterinary and Patterson Medical.
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