Zoetis (ZTS) Receives News Impact Score of 0.09

Sii Investments Inc. WI increased its stake in shares of Zoetis by 0.3% in the first quarter. The firm owned 56,594 shares of the company's stock after selling 43 shares during the period. Aperio Group LLC's holdings in Zoetis were worth $13,503,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ZTS. Finally, Chevy Chase Trust Holdings Inc. increased its stake in Zoetis by 2.6% in the first quarter. AXA now owns 242,831 shares of the company's stock valued at $12,960,000 after buying an additional 1,900 shares during the period. Guardian Life Insurance Co. of America raised its stake in shares of Zoetis by 0.7% in the first quarter. The Pioneer Investment Management Inc holds 1.58 million shares with $84.77M value, down from 2.92M last quarter. Gladstone Capital Management LLP acquired a new position in shares of Zoetis during the second quarter valued at about $3,134,000. First Interstate Bank raised its stake in Zoetis by 3.5% in the first quarter. Finally, Israel Discount Bank of NY bought a new position in Zoetis during the first quarter valued at $129,000. Zoetis Inc. has a 52 week low of $46.86 and a 52 week high of $63.85. Kanaly Tru Communications invested 0% of its portfolio in Zoetis Inc (NYSE:ZTS). The institutional investor held 252,647 shares of the finance company at the end of 2016Q4, valued at $7.52 million, down from 266,153 at the end of the previous reported quarter.

The company now has a P/E ratio of 36.06 and the market cap is 30.44B. Deutsche Bank AG restated a "buy" recommendation and given a $65.00 target price (up from $62.00) on stocks of Zoetis in a study note on early Mon, Jul 17th.

COPYRIGHT VIOLATION NOTICE: "Brokers Set Expectations for Zoetis Inc's FY2017 Earnings (NYSE:ZTS)" was first posted by Stock Observer and is owned by of Stock Observer. The company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.05. Zoetis had a net margin of 17.25% and a return on equity of 65.35%. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. Proshare Advsrs Ltd Limited Liability Company invested in 0.03% or 48,780 shares. The company's revenue was up 5.9% compared to the same quarter past year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Thursday, June 15th will be issued a dividend of $0.105 per share. This dividend amount will represent a yeild of $0.68. On Friday, June 16 the stock rating was initiated by Cantor Fitzgerald with "Overweight". Zoetis's dividend payout ratio is now 24.42%. Zoetis Inc (NYSE:ZTS) has risen 29.89% since August 1, 2016 and is uptrending. Hbk Investments L P has invested 0.54% in Zoetis Inc (NYSE:ZTS). (ZTS) to Hold" published on July 25, 2017 as well as Businesswire.com's news article titled: "Zoetis Completes Acquisition of Nexvet Biopharma" with publication date: "July 31, 2017.

TRADEMARK VIOLATION WARNING: "Zoetis (ZTS) Receives News Impact Score of 0.09" was posted by Sports Perspectives and is the property of of Sports Perspectives. The original version of this report can be read at https://www.thecerbatgem.com/2017/08/01/daniel-devine-co-sells-700-shares-of-zoetis-inc-nysezts-updated.html.

A number of equities research analysts recently weighed in on ZTS shares. Argus reaffirmed a "buy" rating and issued a $69.00 target price (up from $60.00) on shares of Zoetis in a research report on Tuesday, May 30th. Zacks Investment Research raised Zoetis from a "hold" rating to a "buy" rating and set a $71.00 price objective for the company in a research note on Tuesday, June 20th. Credit Suisse Group boosted their price target on shares of Zoetis from $61.00 to $67.00 and gave the company an "outperform" rating in a research note on Wednesday, May 24th. Hilliard Lyons started coverage on shares of Zoetis in a research report on Tuesday, June 20th. Cowen & Co has "Buy" rating and $7000 target. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of "Buy" and an average target price of $63.47.

In other news, insider Catherine A. Knupp sold 5,785 shares of the stock in a transaction dated Friday, May 12th. Following the transaction, the insider now directly owns 24,415 shares of the company's stock, valued at approximately $1,468,806.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The stock rose 0.79% or $0.35 reaching $44.55.

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