As Zoetis INC (ZTS) Market Valuation Rose, Holder Marshall Wace Llp Cut Position

Zoetis Inc. (NYSE:ZTS) LogoInvestors sentiment increased to 1.18 in Q1 2019. Its up 0.15, from 1.03 in 2018Q4. It improved, as 56 investors sold ZTS shares while 257 reduced holdings. 94 funds opened positions while 274 raised stakes. 414.06 million shares or 2.73% less from 425.68 million shares in 2018Q4 were reported. Twin Tree Management Ltd Partnership invested 0% in Zoetis Inc. (NYSE:ZTS). Creative Planning reported 15,813 shares. Griffin Asset Mgmt Inc holds 0.32% of its portfolio in Zoetis Inc. (NYSE:ZTS) for 22,245 shares. Associated Banc owns 62,701 shares for 0.36% of their portfolio. Adams Diversified Equity Fund owns 148,500 shares. Oxbow Lc has invested 0.04% in Zoetis Inc. (NYSE:ZTS). British Columbia Mngmt Corporation reported 0.11% in Zoetis Inc. (NYSE:ZTS). Guggenheim Capital Limited Liability Corp has 126,446 shares for 0.1% of their portfolio. Azimuth Cap Mngmt Limited Liability holds 1.01% in Zoetis Inc. (NYSE:ZTS) or 148,922 shares. Baystate Wealth Mgmt Lc, Massachusetts-based fund reported 50 shares. Lazard Asset Management Limited Liability invested in 0.66% or 3.98M shares. State Treasurer State Of Michigan reported 0.47% of its portfolio in Zoetis Inc. (NYSE:ZTS). Ny State Common Retirement Fund has invested 0.15% in Zoetis Inc. (NYSE:ZTS). State Board Of Administration Of Florida Retirement Sys holds 0.18% in Zoetis Inc. (NYSE:ZTS) or 669,920 shares. Advisors Asset Mngmt holds 0.06% or 31,108 shares in its portfolio.

Since February 14, 2019, it had 0 buys, and 1 sale for $563,255 activity.

Marshall Wace Llp decreased its stake in Zoetis Inc (ZTS) by 7.91% based on its latest 2019Q1 regulatory filing with the SEC. Marshall Wace Llp sold 285,613 shares as the company’s stock rose 15.40% with the market. The hedge fund held 3.33M shares of the major pharmaceuticals company at the end of 2019Q1, valued at $334.85 million, down from 3.61 million at the end of the previous reported quarter. Marshall Wace Llp who had been investing in Zoetis Inc for a number of months, seems to be less bullish one the $54.24 billion market cap company. The stock decreased 0.91% or $1.04 during the last trading session, reaching $113.31. About 1.45 million shares traded. Zoetis Inc. (NYSE:ZTS) has risen 21.15% since July 14, 2018 and is uptrending. It has outperformed by 16.72% the S&P500.

Marshall Wace Llp, which manages about $10.56B US Long portfolio, upped its stake in Colgate (NYSE:CL) by 296,264 shares to 342,950 shares, valued at $23.51M in 2019Q1, according to the filing. It also increased its holding in Avaya Holdings C by 668,038 shares in the quarter, for a total of 840,212 shares, and has risen its stake in Advanced Drainag (NYSE:WMS).

Analysts await Zoetis Inc. (NYSE:ZTS) to report earnings on August, 1. They expect $0.82 earnings per share, up 6.49 % or $0.05 from last year’s $0.77 per share. ZTS’s profit will be $392.50 million for 34.55 P/E if the $0.82 EPS becomes a reality. After $0.88 actual earnings per share reported by Zoetis Inc. for the previous quarter, Wall Street now forecasts -6.82 % negative EPS growth.

More notable recent Zoetis Inc. (NYSE:ZTS) news were published by: Benzinga.com which released: “BofA Downgrades Veterinary Medicine Maker Zoetis On Valuation – Benzinga” on July 01, 2019, also Finance.Yahoo.com with their article: “Investors Who Bought Zoetis (NYSE:ZTS) Shares Five Years Ago Are Now Up 234% – Yahoo Finance” published on May 21, 2019, Finance.Yahoo.com published: “Here’s Why We Think Zoetis (NYSE:ZTS) Is Well Worth Watching – Yahoo Finance” on June 19, 2019. More interesting news about Zoetis Inc. (NYSE:ZTS) were released by: Nasdaq.com and their article: “Trade of the Day: Zoetis Stock Screams Overbought – Nasdaq” published on June 27, 2019 as well as Finance.Yahoo.com‘s news article titled: “Marshall Wace’s Return, AUM, and Holdings (Part II) – Yahoo Finance” with publication date: July 02, 2019.

Zoetis Inc. (NYSE:ZTS) Ratings Coverage

Among 8 analysts covering Zoetis (NYSE:ZTS), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Zoetis had 14 analyst reports since January 23, 2019 according to SRatingsIntel. The firm has “Hold” rating given on Friday, February 22 by BMO Capital Markets. The stock of Zoetis Inc. (NYSE:ZTS) earned “Outperform” rating by Credit Suisse on Tuesday, April 2. Bank of America downgraded the stock to “Neutral” rating in Monday, July 1 report. SunTrust initiated the shares of ZTS in report on Tuesday, March 19 with “Hold” rating. Craig Hallum maintained Zoetis Inc. (NYSE:ZTS) on Tuesday, June 25 with “Buy” rating. Cantor Fitzgerald maintained Zoetis Inc. (NYSE:ZTS) on Thursday, February 14 with “Buy” rating. The rating was initiated by UBS on Wednesday, March 20 with “Hold”. As per Thursday, May 9, the company rating was maintained by BMO Capital Markets. BMO Capital Markets maintained the stock with “Market Perform” rating in Monday, February 25 report.

Zoetis Inc. (NYSE:ZTS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.