Brown Advisory INC Decreased Its Stake in Zoetis INC (ZTS) as Shares Rose

June 29, 2018 - By Jane Lemasters

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 worsened. 239 increased positions while 99 funds acquired positions. Funds hold 419.33 million shares thus 2.37% less from 2017Q4’s 429.52 million shares. Axa invested 0.09% of its capital in Zoetis Inc. (NYSE:ZTS). 15,860 are held by Reliance Of Delaware. Citigroup, a New York-based fund reported 1.60 million shs. Kornitzer Ks holds 195,452 shs. Scotia Cap owns 11,272 shs or 0.01% of their US capital. Ubs Asset Management Americas owns 2.04M shs or 0% of their US capital. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma stated it has 0.01% in Zoetis Inc. (NYSE:ZTS). Congress Asset Mgmt Co Ma has 827,422 shs. Numerixs Technology Inc holds 4,200 shs. 30,420 were reported by Sandy Spring Bancshares. Strs Ohio stated it has 0.18% of its capital in Zoetis Inc. (NYSE:ZTS). Chesley Taft & Assoc Ltd holds 0.16% or 22,055 shs in its capital. Gabelli Funds Llc accumulated 615,802 shs. Cantillon Mgmt Ltd Liability Com invested 3.92% in Zoetis Inc. (NYSE:ZTS). Next Grp Inc Incorporated Inc holds 0.06% or 3,464 shs.

ZTS registered $7.23 million net activity with 0 insider purchases and 5 sales since February 21, 2018. On Wednesday, February 21 the insider PECK KRISTIN C sold $2.60M. On Wednesday, February 21 Lagano Roxanne also sold $2.89M worth of Zoetis Inc. (NYSE:ZTS). $712,001 worth of Zoetis Inc. (NYSE:ZTS) was sold by Trawicki Roman.

Brown Advisory Inc decreased its stake by 18.69% in Zoetis Inc (ZTS), according to 2018Q1 SEC form. By selling 1.35M shares Brown Advisory Inc made the stock popped up with 0.44%. At the end of 2018Q1, the 5.86 million shares of the major pharmaceuticals company held by the institutional investor were priced at $489.38 million, down from 7.21 million at the end of the previous reported quarter. $41.64 billion 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 1.43M shares volume. ZTS outperformed by 21.13% the S&P500.

About $23.14B US Long portfolio Brown Advisory Inc operates. According to a filing the fund rose its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 1.71M shares to 1.71M shares, valued at $313.97 million in 2018Q1. Brown Advisory Inc has risen its stake in Welbilt Inc and also increased its holding in Wisdomtree Tr (DGS) by 84,432 shares in the quarter, for a total of 146,684 shares.

On August, 14 WallStreet anticipated Zoetis Inc. (NYSE:ZTS)’s earnings report, according to Zacks. Analysts expect change of 33.96 % or $0.18 from previous year’s $0.53 earnings per share compared to current’s $0.71 earnings per share. If reported the P/E will be 30.30 with $343.55 million profit. Wall Street now sees -5.33 % negative EPS growth despite Zoetis Inc. previous quarter’s EPS of $0.75.

Another two news for Zoetis Inc. (NYSE:ZTS) were recently brought out 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 brought out on June 29, 2018.

Zoetis Inc. (NYSE:ZTS) Ratings Coverage

In total 11 analysts cover Zoetis (NYSE:ZTS). “Buy” rating has 7, “Sell” are 0, while 4 are “Hold”. (NYSE:ZTS) has 64% bullish analysts. 15 are the (NYSE:ZTS)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the firm has “Buy” rating by Stifel Nicolaus given. On Friday, April 13 the rating was maintained by Jefferies with “Buy”. On Friday, February 16 the firm has “Buy” rating given by Piper Jaffray. On Tuesday, January 16 the firm earned “Buy” rating by Jefferies. On Thursday, February 15 the firm earned “Buy” rating by Cowen & Co. On Monday, February 26 the stock of Zoetis Inc. (NYSE:ZTS) has “Buy” rating given by Jefferies. On Thursday, April 5 the stock of Zoetis Inc. (NYSE:ZTS) has “Outperform” rating given by Credit Suisse. The company rating was maintained by Craig Hallum on Wednesday, April 25. On Thursday, April 19 Hilliard Lyons downgraded Zoetis Inc. (NYSE:ZTS) rating. Hilliard Lyons has “Hold” rating and $9100 target. On Tuesday, January 2 the stock of Zoetis Inc. (NYSE:ZTS) has “Buy” rating given by Craig Hallum.

Zoetis Inc. (NYSE:ZTS) Institutional Investors Chart

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