Zoetis INC (ZTS) Shares Rose While Brown Advisory INC Decreased Its Stake by $111.80 Million

June 29, 2018 - By Eric Painter

Zoetis Inc. (NYSE:ZTS) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 1.12. That’s change of 0.01, from 2017Q4’s 1.13. 33 investors sold all, 270 reduced holdings as ZTS ratio dropped. 239 grew positions while 99 funds amassed positions. Funds hold 419.33 million shares thus 2.37% less from 2017Q4’s 429.52 million shares. 1.20 million are owned by Tcw Group. Atalanta Sosnoff Limited Company accumulated 440,453 shs. Moreover, Hbk Invests Ltd Partnership has 0.12% invested in Zoetis Inc. (NYSE:ZTS) for 151,295 shs. Rockland Trust holds 127,083 shs or 1.4% of its capital. Aviva Public Ltd Com has 0.61% invested in Zoetis Inc. (NYSE:ZTS) for 1.20 million shs. Wade G W Incorporated reported 5,323 shs stake. Loomis Sayles & Co Lp has 0.05% invested in Zoetis Inc. (NYSE:ZTS). Ing Groep Nv holds 0.08% of its capital in Zoetis Inc. (NYSE:ZTS) for 49,788 shs. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt reported 0.09% stake. 7,824 are held by Hbk Sorce Advisory Ltd Company. Cibc Commercial Bank Usa owns 3,075 shs. Yhb Invest Advsrs holds 0.39% in Zoetis Inc. (NYSE:ZTS) or 27,639 shs. Ims Capital, Oregon-based fund reported 18,102 shs. Banque Pictet And Cie Sa reported 29,907 shs. Ami Asset Mngmt reported 464,720 shs.

ZTS had 5 insider sales and 0 insider buys since February 21, 2018. This’s net activity of $7.23 million. On Friday, March 9 Trawicki Roman also sold $712,001 worth of Zoetis Inc. (NYSE:ZTS). Chen Heidi C. sold $625,414 worth of Zoetis Inc. (NYSE:ZTS) on Friday, March 16. Shares for $2.89 million were sold by Lagano Roxanne.

Based on the latest 2018Q1 regulatory filing with the SEC, Brown Advisory Inc decreased its stake in Zoetis Inc (ZTS) by 18.69%. The company’s stock popped up 0.44% while Brown Advisory Inc sold 1.35 million shares. At the end of 2018Q1, the institutional investor held 5.86M shares of the major pharmaceuticals company, valued at $489.38 million, down from 7.21 million at the end of the previous reported quarter. $41.64B is the market cap of Zoetis Inc. Ticker’s shares touched $86.05 during the last trading session after 1.44% change.Currently Zoetis Inc. is uptrending after 33.70% change in last June 29, 2017. ZTS has 1.43 million shares volume. The stock outperformed the S&P 500 by 21.13%.

According to a filing Brown Advisory Inc increased its stake in Kinder Morgan Inc Del (NYSE:KMI) by 5.00 million shares to 5.01M shares, valued at $75.48 million in 2018Q1. The fund operates about $23.14B US Long portfolio. Brown Advisory Inc has risen its stake in Aflac Inc (NYSE:AFL) and also increased its holding in Bank Amer Corp (NYSE:BAC) by 4.44M shares in the quarter, for a total of 4.44 million shares.

Zoetis Inc. (NYSE:ZTS)’s earnings release is awaited by WallStreet on August, 14, as reported by RTT. Last year’s earnings per share was $0.53, while now analysts expect change of 33.96 % up from current $0.71 earnings per share. This could be $343.55 million profit for ZTS assuming the current $0.71 earnings per share will become reality. Last quarter $0.75 earnings per share was reported. Analysts predicts -5.33 % negative EPS growth this quarter.

Another two news for Zoetis Inc. (NYSE:ZTS) were recently posted by: Globenewswire.com on June 26, 2018 with title “Recent Analysis Shows CIT Group, Zoetis, Deere, Hecla Mining, iRobot, and First BanCorp Market Influences …”. The other Investorplace.com‘s article was titled “CBD Medicine Developments Provide a Really Solid Base for GWPH Stock” and posted on June 29, 2018.

Zoetis Inc. (NYSE:ZTS) Ratings Coverage

A total of 11 analysts rate Zoetis (NYSE:ZTS) as follows: 7 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 64% are bullish. (NYSE:ZTS) has 15 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, January 2 the firm has “Buy” rating by Craig Hallum given. In Monday, March 19 report Morgan Stanley downgraded the stock to “Equal-Weight” rating. In Friday, April 13 report Jefferies maintained it with “Buy” rating and $9600 target. On Wednesday, April 25 the company was maintained by Craig Hallum. On Tuesday, January 16 Stifel Nicolaus maintained Zoetis Inc. (NYSE:ZTS) with “Buy” rating. In Friday, February 16 report Deutsche Bank maintained it with “Hold” rating and $78 target. On Thursday, April 19 the company was downgraded by Hilliard Lyons. The company rating was maintained by Cowen & Co on Thursday, February 15. On Monday, February 26 the stock of Zoetis Inc. (NYSE:ZTS) earned “Buy” rating by Jefferies. On Friday, February 16 Piper Jaffray maintained the shares of ZTS in report with “Buy” rating.

Zoetis Inc. (NYSE:ZTS) Institutional Investors Chart

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