Zoetis Inc. (ZTS) Analysts See $0.70 EPS on May, 2

Marco Green
April 21, 2018

CENTRAL TRUST Co now owns 2,664 shares of the company's stock valued at $142,000 after buying an additional 49 shares during the last quarter. The institutional investor held 25,090 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $1.81 million, up from 12,165 at the end of the previous reported quarter. It has outperformed by 5.42% the S&P500. Bradley Foster And Sargent Inc Ct has invested 0.76% in Zoetis Inc. (ZTS) by 39.99% based on its latest 2017Q4 regulatory filing with the SEC. TIAA CREF Investment Management LLC now owns 5,648,528 shares of the company's stock worth $406,920,000 after purchasing an additional 73,767 shares in the last quarter. Griffin Asset Management Inc who had been investing in Zoetis Inc. for a number of months, seems to be bullish on the $41.43 billion market cap company.

Zoetis stock traded down $0.43 during trading hours on Thursday, hitting $85.41. The stock had a trading volume of 2,172,660 shares, compared to its average volume of 2,723,963. Zoetis Inc. (NYSE:ZTS) has risen 51.68% since April 20, 2017 and is uptrending. It has outperformed by 40.13% the S&P500.

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 62% are positive. The business's revenue for the quarter was up 14.3% on a year-over-year basis. equities research analysts anticipate that Zoetis will post 3.04 EPS for the current fiscal year. Citigroup reissued a "buy" rating and issued a $98.00 price target (up from $85.00) on shares of Zoetis in a report on Thursday. The ratio increased due to Zoetis Inc. positioning: 34 sold and 251 reduced. (NYSE:ZTS) with "Buy" rating. The firm has "Equal-Weight" rating by Morgan Stanley given on Monday, March 19. On Friday, November 3 the stock rating was maintained by BMO Capital Markets with "Market Perform". (NYSE:ZTS) to report its quarterly earnings, according to RTT. Stifel Nicolaus has "Buy" rating and $65.0 target. On Friday, February 16 the rating was maintained by Deutsche Bank with "Hold".

Big Money Sentiment increased to 1.13 in Q4 2017. That's change of 0.03, from 2017Q3's 1.1.

Want to see what other hedge funds are holding ZTS? Daiwa SB Investments Ltd. raised its stake in shares of Zoetis by 92.0% in the 4th quarter. Huntington National Bank now owns 2,836 shares of the company's stock valued at $151,000 after buying an additional 385 shares in the last quarter. Jefferies Group also issued estimates for Zoetis' Q1 2018 earnings at $0.71 EPS, FY2018 earnings at $3.07 EPS, FY2019 earnings at $3.56 EPS, FY2020 earnings at $4.11 EPS, FY2021 earnings at $4.56 EPS and FY2022 earnings at $5.09 EPS. (NYSE:ZTS). Millennium Mgmt Limited Company owns 1.98M shares for 0.2% of their portfolio. Kbc Grp Nv has 240,011 shares for 0.15% of their portfolio. Prudential Pcl holds 0.03% or 133,462 shs. Sei Invests Com invested in 673,435 shs or 0.17% of the stock. Carroll Associate stated it has 0% in Zoetis Inc. Xact Kapitalforvaltning AB's holdings in Zoetis were worth $3,327,000 at the end of the most recent quarter. The California-based Ar Asset Management Incorporated has invested 0.95% in Zoetis Inc. (NYSE:ZTS) or 7,383 shares. Moreover, Macquarie Group Ltd has 1.21% invested in CA, Inc. Ameritas Prtnrs accumulated 10,548 shares. Rampart Investment Management Co Ltd Liability Co accumulated 6,034 shs or 0.17% of the stock. (NASDAQ:CA). Winslow Evans Crocker has invested 0.01% in CA, Inc.

ZTS had 4 selling transactions and 0 insider purchases since February 21, 2018. Zacks Investment Research lowered shares of Zoetis from a "hold" rating to a "sell" rating and set a $83.00 target price on the stock.in a research report on Saturday, January 13th. (NYSE:ZTS) was sold by Trawicki Roman on Friday, March 9. The insider PECK KRISTIN C sold $2.60M.

Griffin Asset Management Inc, which manages about $394.93 million and $561.95 million US Long portfolio, decreased its stake in Allergan by 3,385 shares to 1,275 shares, valued at $209,000 in 2017Q4, according to the filing. Dupont Mgmt Corp holds 0.1% of its portfolio in CA, Inc. (NYSE:ROK) by 6,321 shares in the quarter, leaving it with 2,836 shares, and cut its stake in Wal (NYSE:WMT).

Among 16 analysts covering CA Technologies (NASDAQ:CA), 2 have Buy rating, 4 Sell and 10 Hold. Therefore 19% are positive. On Monday, October 23 Stifel Nicolaus maintained Zoetis Inc. The firm earned "Buy" rating on Thursday, February 15 by Stifel Nicolaus. (NYSE:ZTS) for 82,732 shs. This rating was revealed in a research report on Thursday morning. Jefferies has "Buy" rating and $9600 target. (NYSE:ZTS) rating. Hilliard Lyons has "Hold" rating and $9100 target. On Wednesday, October 21 the stock rating was maintained by Citigroup with "Neutral". Wunderlich downgraded the stock to "Hold" rating in Monday, April 4 report. The rating was initiated by Sterne Agee CRT with "Neutral" on Thursday, August 20. Analysts forecast 32.08 % diference or $0.70 from the $0.53 EPS from 2017. Mackenzie Financial stated it has 1.09 million shares or 0.19% of all its holdings. 36 funds opened positions while 54 raised stakes. Manufacturers Life Insurance Company The reported 488,446 shares. State Street has 7.76M shares. Consulate reported 2,853 shares or 0.25% of all its holdings. Segall Bryant Hamill Ltd Limited Liability Company reported 1.01% stake. San Francisco Sentry Investment Gp (Ca) owns 908 shares for 0.02% of their portfolio.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER