Zoetis Inc (ZTS) Shares Sold by Winslow Capital Management LLC

Marco Green
March 14, 2018

The institutional investor held 116,200 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $7.41 million, down from 137,800 at the end of the previous reported quarter. Chase Investment Counsel Corp who had been investing in Zoetis Inc for a number of months, seems to be less bullish one the $41.05 billion market cap company. The stock increased 0.65% or $0.55 during the last trading session, reaching $84.96. About 125,739 shares traded.

Zoetis Inc. (NYSE:ZTS) belongs to Healthcare sector, except individual factors many other macro and micro factors also effects whole sector and industries. It has outperformed by 13.19% the S&P500.

J-P Marvel Investment Advisors Llc increased its stake in Apple Computer Inc (AAPL) by 8.8% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 464,115 shares of the real estate company at the end of 2017Q3, valued at $8.61M, up from 400,895 at the end of the previous reported quarter.

The stock decreased 0.93% or $0.01 during the last trading session, reaching $1.06. 440.74 million shares or 0.80% less from 444.27 million shares in 2017Q2 were reported. Calamos Strategic Total Return Fund (CSQ) has risen 18.40% since March 13, 2017 and is uptrending. It has outperformed by 45.78% the S&P500. Advisory Services Network LLC boosted its stake in shares of Zoetis by 42.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 16,828 shares of the company's stock worth $1,212,000 after purchasing an additional 697 shares during the last quarter. Its down 0.31, from 1.93 in 2017Q2. 62 funds opened positions while 240 raised stakes. This represents a $0.50 dividend on an annualized basis and a yield of 0.60%. The company had a trading volume of 1,891,020 shares, compared to its average volume of 2,903,482. Hbk Invs Lp owns 344,911 shares for 0.17% of their portfolio. Conestoga Cap Advsr Ltd Liability accumulated 1.66M shares. Heritage Investors Mgmt reported 315,005 shares. Exxonmobil Investment Tx, Texas-based fund reported 89,627 shares. Arizona State Retirement System holds 0.01% of its portfolio in PotlatchDeltic Corporation (NASDAQ:PCH) for 23,010 shares. Guggenheim Capital reported 0.1% stake. Raymond James Associate owns 33,000 shares. 44,698 were accumulated by Cadinha And Lc. Emerald Advisers Pa has invested 0.03% of its portfolio in Zoetis Inc. Dana Inv Advsrs owns 0.25% invested in Zoetis Inc. $74.59's average target is -12.21% below currents $84.96 stock price. Therefore 63% are positive.

Analysts await Zoetis Inc. Penserra Capital Management LLC now owns 4,550 shares of the company's stock worth $327,000 after purchasing an additional 715 shares during the last quarter. The firm has "Buy" rating given on Friday, May 5 by BMO Capital Markets. The rating was maintained by Cantor Fitzgerald with "Buy" on Wednesday, September 6. The rating was upgraded by Morgan Stanley on Wednesday, November 29 to "Overweight". The stock of Apple Inc. The company was maintained on Thursday, February 15 by Stifel Nicolaus. Cowen & Co maintained it with "Buy" rating and $80.0 target in Friday, November 17 report. The firm has "Buy" rating given on Wednesday, August 9 by Craig Hallum. Zoetis has a 1 year low of $52.25 and a 1 year high of $85.05. (NYSE:ZTS) to report earnings on May, 3. They expect $0.67 EPS, up 26.42% or $0.14 from last year's $0.53 per share. NVS's profit will be $3.09 billion for 15.58 P/E if the $1.32 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. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have given a buy rating to the company. Therefore 76% are positive. Novartis Ag had 36 analyst reports since July 28, 2015 according to SRatingsIntel. (NYSE:ZTS). Cidel Asset has invested 0.72% in Zoetis Inc.

Zoetis (NYSE:ZTS) last released its quarterly earnings results on Thursday, February 15th. Jefferies Group set a $97.00 target price on shares of Zoetis and gave the stock a "buy" rating in a research report on Monday, February 26th. The stock has "Buy" rating by Stifel Nicolaus on Thursday, July 20. Cowen set a $80.00 price objective on Zoetis and gave the company a buy rating in a research note on Friday, November 17th. As per Friday, October 27, the company rating was maintained by Northland Capital. The stock now has an average rating of "Buy" and an average price target of $80.28. Zoetis accounts for about 1.6% of Winslow Capital Management LLC's investment portfolio, making the stock its 23rd largest position. Goldman Sachs downgraded the shares of ZTS in report on Friday, May 6 to "Sell" rating. The firm has "Buy" rating by Hilliard Lyons given on Tuesday, June 20. It also reduced its holding in Hortonworks Inc (NASDAQ:HDP) by 75,405 shares in the quarter, leaving it with 278,025 shares, and cut its stake in Gilead Sciences Inc (NASDAQ:GILD).

Since February 21, 2018, it had 0 buys, and 3 insider sales for $6.20 million activity. On Friday, March 9 the insider Trawicki Roman sold $712,001.

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