Capital Investment Advisors Has Trimmed Its Voya Prime Rate Trust (PPR) Holding as Share Price Declined; Vision Capital Management Trimmed Its Position in Zoetis Cl A (ZTS) by $957,404 as Share Price Rose

December 15, 2017 - By Ellis Scott

Capital Investment Advisors Llc decreased its stake in Voya Prime Rate Trust (PPR) by 51.66% based on its latest 2017Q2 regulatory filing with the SEC. Capital Investment Advisors Llc sold 105,070 shares as the company’s stock declined 2.17% while stock markets rallied. The institutional investor held 98,323 shares of the company at the end of 2017Q2, valued at $529,000, down from 203,393 at the end of the previous reported quarter. Capital Investment Advisors Llc who had been investing in Voya Prime Rate Trust for a number of months, seems to be less bullish one the $752.24 million market cap company. The stock decreased 0.39% or $0.02 during the last trading session, reaching $5.09. About 365,040 shares traded. Voya Prime Rate Trust (NYSE:PPR) has risen 8.40% since December 15, 2016 and is uptrending. It has underperformed by 8.30% the S&P500.

Vision Capital Management Inc decreased its stake in Zoetis Inc Cl A (ZTS) by 23.36% based on its latest 2017Q2 regulatory filing with the SEC. Vision Capital Management Inc sold 15,442 shares as the company’s stock rose 14.85% with the market. The institutional investor held 50,659 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $3.16M, down from 66,101 at the end of the previous reported quarter. Vision Capital Management Inc who had been investing in Zoetis Inc Cl A for a number of months, seems to be less bullish one the $34.97 billion market cap company. The stock decreased 0.86% or $0.62 during the last trading session, reaching $71.76. About 1.36 million shares traded. Zoetis Inc. (NYSE:ZTS) has risen 29.89% since December 15, 2016 and is uptrending. It has outperformed by 13.19% the S&P500.

Capital Investment Advisors Llc, which manages about $1.40 billion US Long portfolio, upped its stake in Ishares Tr Lehman Mbs Fixed (MBB) by 8,220 shares to 153,297 shares, valued at $16.37 million in 2017Q2, according to the filing. It also increased its holding in Coca Cola Company (NYSE:KO) by 8,193 shares in the quarter, for a total of 201,720 shares, and has risen its stake in Blackrock Inc (NYSE:BLK).

Investors sentiment decreased to 0.91 in 2017 Q2. Its down 0.37, from 1.28 in 2017Q1. It worsened, as 13 investors sold PPR shares while 19 reduced holdings. 8 funds opened positions while 21 raised stakes. 40.60 million shares or 5.61% more from 38.44 million shares in 2017Q1 were reported. Rivernorth Capital Mgmt Limited Co has invested 1.05% in Voya Prime Rate Trust (NYSE:PPR). Fifth Third Savings Bank holds 0% of its portfolio in Voya Prime Rate Trust (NYSE:PPR) for 6,700 shares. Invesco Limited has invested 0.01% in Voya Prime Rate Trust (NYSE:PPR). Commonwealth Equity Ser invested 0% in Voya Prime Rate Trust (NYSE:PPR). 248,941 are held by Utd Cap Fin Advisers Limited Company. Cap Advsr Limited Liability has invested 0.01% in Voya Prime Rate Trust (NYSE:PPR). Raymond James Financial Serv Advsr holds 0% or 88,025 shares. Sg Americas Ltd Liability Com owns 118,295 shares or 0.01% of their US portfolio. Eaton Vance Management has invested 0.01% in Voya Prime Rate Trust (NYSE:PPR). Cetera Advisor Network Ltd Company stated it has 0.01% in Voya Prime Rate Trust (NYSE:PPR). Da Davidson & Co invested in 0% or 8,500 shares. Qci Asset Management Inc New York owns 3,800 shares. Bancorporation Of America De reported 1.83 million shares. First Allied Advisory Services reported 43,860 shares. Loomis Sayles Ltd Partnership stated it has 837,755 shares or 0.01% of all its holdings.

Vision Capital Management Inc, which manages about $1.03B and $291.56 million US Long portfolio, upped its stake in Vanguard Ftse Developed Market (VEA) by 109,534 shares to 411,614 shares, valued at $17.01M in 2017Q2, according to the filing. It also increased its holding in C H Robinson Worldwide Inc Com (NASDAQ:CHRW) by 9,625 shares in the quarter, for a total of 56,843 shares, and has risen its stake in Vanguard Ftse Emerging Markets (VWO).

Analysts await Zoetis Inc. (NYSE:ZTS) to report earnings on February, 15. They expect $0.66 earnings per share, up 40.43% or $0.19 from last year’s $0.47 per share. ZTS’s profit will be $321.61 million for 27.18 P/E if the $0.66 EPS becomes a reality. After $0.65 actual earnings per share reported by Zoetis Inc. for the previous quarter, Wall Street now forecasts 1.54% EPS growth.

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Zoetis Inc had 64 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Outperform” rating by William Blair on Thursday, August 6. The firm has “Buy” rating by Deutsche Bank given on Monday, July 17. As per Friday, November 3, the company rating was maintained by Piper Jaffray. Morgan Stanley maintained Zoetis Inc. (NYSE:ZTS) rating on Friday, November 3. Morgan Stanley has “Equal-Weight” rating and $70 target. The firm earned “Overweight” rating on Thursday, December 15 by PiperJaffray. The firm has “Buy” rating given on Friday, November 17 by Cowen & Co. The firm has “Overweight” rating given on Thursday, December 15 by Piper Jaffray. Zacks upgraded the shares of ZTS in report on Thursday, September 17 to “Buy” rating. Citigroup maintained Zoetis Inc. (NYSE:ZTS) rating on Thursday, August 4. Citigroup has “Neutral” rating and $53 target. The firm has “Outperform” rating given on Thursday, February 4 by Credit Suisse.

Investors sentiment decreased to 1.04 in 2017 Q2. Its down 0.20, from 1.24 in 2017Q1. It fall, as 40 investors sold ZTS shares while 247 reduced holdings. 79 funds opened positions while 220 raised stakes. 444.27 million shares or 0.66% less from 447.23 million shares in 2017Q1 were reported. Moreover, Copper Rock Cap Prtn Ltd Liability Co has 0.02% invested in Zoetis Inc. (NYSE:ZTS). Robecosam Ag holds 0.09% of its portfolio in Zoetis Inc. (NYSE:ZTS) for 16,639 shares. Deutsche Bancshares Ag stated it has 3.22M shares or 0.14% of all its holdings. Goldman Sachs Gru Inc accumulated 4.60M shares. Capstone Asset reported 70,164 shares. Sei Investments Communications accumulated 0.18% or 730,889 shares. Nuveen Asset Llc has 19,149 shares for 0.01% of their portfolio. 131,891 were reported by Marsico Ltd Liability Corporation. Meiji Yasuda Life Ins holds 0.21% or 22,050 shares in its portfolio. 44,000 are held by Olstein Capital Lp. Symphony Asset Management Limited has invested 0.11% of its portfolio in Zoetis Inc. (NYSE:ZTS). Nationwide Fund Advsrs invested in 680,544 shares or 0.17% of the stock. Schwab Charles Investment Mngmt Incorporated reported 0.09% of its portfolio in Zoetis Inc. (NYSE:ZTS). Great West Life Assurance Can reported 0.07% in Zoetis Inc. (NYSE:ZTS). Assetmark accumulated 1,833 shares.

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