The Zoetis Inc (ZTS) Holdings Decreased by Profund Advisors LLC

Lloyd Doyle
March 14, 2018

Academy Capital Management Inc sold 97,911 shares as Zoetis (ZTS)'s stock rose 14.85%. About 704,086 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since March 13, 2017 and is uptrending.

Chase Investment Counsel Corp decreased its stake in Zoetis Inc (ZTS) by 16.12% based on its latest 2017Q3 regulatory filing with the SEC. Finally, analysts have given a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The institutional investor held 138,398 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $8.83 million, up from 85,909 at the end of the previous reported quarter. Blackhill Capital Inc who had been investing in Zoetis Inc Cl A for a number of months, seems to be less bullish one the $40.96 billion market cap company. The stock decreased 0.29% or $0.05 during the last trading session, reaching $17.25. The company exchanged hands with 2,316,258 shares compared to its average daily volume of 2.64M shares.

Shares of Zoetis (NYSE ZTS) opened at $84.41 on Friday. It has outperformed by 13.19% the S&P500. Zoetis Inc has a 12 month low of $52.25 and a 12 month high of $85.05. (NYSE:ZTS) to report earnings on May, 3. ZTS's profit will be $325.12 million for 31.70 P/E if the $0.67 EPS becomes a reality. The company reported $0.69 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.66 by $0.03.

Among 16 analysts covering Novartis Ag (NYSE:NVS), 5 have Buy rating, 4 Sell and 7 Hold. Zoetis Inc had 75 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Buy" rating by Hilliard Lyons given on Tuesday, June 20. During the past six months, Zoetis Inc. (NYSE:ZTS) earned "Buy" rating by Jefferies on Monday, October 16. The company was upgraded on Friday, March 9 by JMP Securities. The stock has "Market Perform" rating by JMP Securities on Friday, May 5. Stifel Nicolaus maintained the shares of ZTS in report on Thursday, February 15 with "Buy" rating.

Investors sentiment increased to 0.7 in Q3 2017. Its down 0.31, from 1.93 in 2017Q2. Shareholders of record on Friday, April 20th will be paid a dividend of $0.126 per share. Hbk Invs Lp owns 6,470 shares for 0% of their portfolio. 250,912 were accumulated by Aureus Asset Mngmt Lc. Cowen & Co maintained Zoetis Inc. (NASDAQ:AAPL) has "Buy" rating given on Wednesday, October 4 by Robert W. Baird. About 1.49M shares traded. Fiduciary Tru has 0.03% invested in Zoetis Inc. Dana Inv Advsrs owns 0.25% invested in Zoetis Inc. (NYSE:ZTS) was sold by Trawicki Roman on Friday, March 9. Rmb Mgmt Limited Liability Company accumulated 147,540 shares. Hall Laurie J Trustee has 7,025 shares. Natl Pension holds 0.15% of its portfolio in Zoetis Inc. (NYSE:KW) for 113,740 shares.


Since February 21, 2018, it had 0 insider buys, and 3 insider sales for $6.20 million activity. Lagano Roxanne sold $2.89M worth of stock or 35,663 shares. Zoetis Inc. (NYSE:ZTS) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Therefore 76% are positive.

Analysts await Zoetis Inc. The brokerage now has a buy rating on the stock. JP Morgan maintained Novartis AG (NYSE:NVS) on Friday, March 24 with "Neutral" rating. PiperJaffray has "Overweight" rating and $61 target. The rating was maintained by Piper Jaffray with "Buy" on Friday, August 25. The firm has "Outperform" rating given on Wednesday, December 23 by FBR Capital. BMO Capital Markets reissued a hold rating and issued a $65.00 price objective on shares of Zoetis in a research note on Thursday, November 2nd. Soros Fund Mngmt stated it has 1.04% in Zoetis Inc.

Several research firms have issued reports on ZTS. They expect $0.67 earnings per share, up 26.42% or $0.14 from last year's $0.53 per share. After $0.69 actual earnings per share reported by Zoetis Inc. for the previous quarter, Wall Street now forecasts -2.90% negative EPS growth.

Investors sentiment increased to 1.51 in 2017 Q3. Its up 0.24, from 1.3 in 2017Q2. It improved, as 9 investors sold PRO shares while 28 reduced holdings. 21 funds opened positions while 55 raised stakes. Guggenheim Capital reported 0.1% stake. Liberty Mutual Group Asset Inc has invested 0.03% of its portfolio in PotlatchDeltic Corporation (NASDAQ:PCH). Brown Advisory Inc holds 77,978 shares or 0.01% of its portfolio. Weaver C Barksdale Assoc holds 0% or 70 shares. Raymond James Associate owns 33,000 shares. Los Angeles And Equity Rech reported 484,892 shares. Following the transaction, the executive vice president now owns 49,919 shares in the company, valued at approximately $4,044,437.38. Sei Investments owns 29,685 shares or 0.01% of their U.S. portfolio. (NYSE:KW). Alliancebernstein Limited Partnership has 0% invested in Kennedy-Wilson Holdings, Inc. Aqr Limited Co reported 0% stake. Northern Trust holds 0.01% or 672,188 shares in its portfolio. Exxonmobil Investment Tx, Texas-based fund reported 89,627 shares. Conestoga Cap Advsr Ltd Liability accumulated 1.66M shares.

Since October 3, 2017, it had 0 buys, and 5 selling transactions for $26.38 million activity. (NYSE:MET) by 24,330 shares to 37,153 shares, valued at $1.93M in 2017Q3, according to the filing.

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