$0.92 EPS Expected for LogMeIn, Inc. (LOGM); Cornerstone Capital Management Holdings Has Upped Zoetis (ZTS) Stake

April 20, 2018 - By Peter Erickson

Zoetis Inc. (NYSE:ZTS) Logo

Cornerstone Capital Management Holdings Llc increased Zoetis Inc (ZTS) stake by 8.39% reported in 2017Q4 SEC filing. Cornerstone Capital Management Holdings Llc acquired 7,095 shares as Zoetis Inc (ZTS)’s stock rose 13.71%. The Cornerstone Capital Management Holdings Llc holds 91,615 shares with $6.60M value, up from 84,520 last quarter. Zoetis Inc now has $41.43B valuation. The stock decreased 0.51% or $0.43 during the last trading session, reaching $85.41. About 2.18M shares traded. Zoetis Inc. (NYSE:ZTS) has risen 51.68% since April 20, 2017 and is uptrending. It has outperformed by 40.13% the S&P500.

Analysts expect LogMeIn, Inc. (NASDAQ:LOGM) to report $0.92 EPS on April, 26 after the close.They anticipate $0.30 EPS change or 48.39% from last quarter’s $0.62 EPS. LOGM’s profit would be $48.24 million giving it 33.11 P/E if the $0.92 EPS is correct. After having $0.97 EPS previously, LogMeIn, Inc.’s analysts see -5.15% EPS growth. The stock decreased 0.49% or $0.6 during the last trading session, reaching $121.85. About 261,817 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 20.98% since April 20, 2017 and is uptrending. It has outperformed by 9.43% the S&P500.

Among 14 analysts covering LogMeIn (NASDAQ:LOGM), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. LogMeIn had 50 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Strong Buy” rating on Friday, February 12 by Needham. The rating was maintained by RBC Capital Markets on Sunday, September 3 with “Buy”. Pacific Crest downgraded the shares of LOGM in report on Wednesday, July 27 to “Sector Weight” rating. The company was maintained on Thursday, September 3 by Needham. Cowen & Co upgraded LogMeIn, Inc. (NASDAQ:LOGM) rating on Friday, April 7. Cowen & Co has “Outperform” rating and $115 target. The firm earned “Buy” rating on Friday, June 23 by Piper Jaffray. The firm earned “Overweight” rating on Friday, October 27 by Barclays Capital. As per Thursday, December 8, the company rating was initiated by Robert W. Baird. The company was upgraded on Friday, July 28 by KeyBanc Capital Markets. The stock has “Buy” rating by Cowen & Co on Thursday, August 31.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.26, from 1.33 in 2017Q3. It fall, as 44 investors sold LogMeIn, Inc. shares while 110 reduced holdings. 53 funds opened positions while 112 raised stakes. 51.12 million shares or 0.18% more from 51.03 million shares in 2017Q3 were reported. Johnson Grp accumulated 3 shares or 0% of the stock. Ftb Advsrs holds 391 shares or 0% of its portfolio. 120,752 are owned by Kornitzer Capital Management Inc Ks. Tower Cap (Trc) invested in 0% or 203 shares. Asset reported 0.01% in LogMeIn, Inc. (NASDAQ:LOGM). Wilkins Counsel accumulated 30,475 shares. Diversified reported 4,107 shares or 0.03% of all its holdings. 39,951 are owned by Conatus Capital Mgmt Lp. Kbc Gp Nv has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). 78 were accumulated by Wolverine Asset. Sandy Spring Bancshares reported 1,668 shares. Gemmer Asset Ltd Llc has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). 2,695 were accumulated by Sheets Smith Wealth. Sit Inv Incorporated invested 0.1% in LogMeIn, Inc. (NASDAQ:LOGM). Rhumbline Advisers stated it has 113,957 shares.

LogMeIn, Inc. provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers. The company has market cap of $6.39 billion. The firm offers GoToMeeting, a secure product for online meetings, sales demonstrations, and collaborative gatherings; GoToTraining, a secure online training product for interactive training sessions; GoToWebinar, a do-it-yourself Webinar product for organizations to enhance market reach; join.me, join.me pro, and join.me enterprise that are browser online meeting and screen sharing services; OpenVoice, a reservation-less audio conferencing service; Grasshopper, a well-known provider of cloud telephony solutions; and BoldChat, a Web live chat service. It has a 63.13 P/E ratio. It also provides GoToAssist, GoToAssist Corporate, and GoToAssist Seeit, which offer cloud IT support solutions to deliver uptime for people and their computers, mobile devices, and apps; LogMeIn Rescue, Rescue Lens, and LogMeIn Rescue+Mobile, which are Web remote support and customer care services offering remote support; and Xively, an IoT cloud platform and connected product management solution.

Cornerstone Capital Management Holdings Llc decreased Hanmi Financial Corporation (NASDAQ:HAFC) stake by 29,300 shares to 1,764 valued at $53,000 in 2017Q4. It also reduced Copa Holdings Sa (NYSE:CPA) stake by 86,186 shares and now owns 11,591 shares. Blucora Inc (NASDAQ:BCOR) was reduced too.

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Zoetis Inc had 78 analyst reports since July 24, 2015 according to SRatingsIntel. PiperJaffray maintained the shares of ZTS in report on Thursday, December 15 with “Overweight” rating. Piper Jaffray reinitiated the shares of ZTS in report on Thursday, December 15 with “Overweight” rating. The firm has “Market Perform” rating given on Friday, November 3 by BMO Capital Markets. The firm earned “Outperform” rating on Thursday, December 15 by Cowen & Co. The stock of Zoetis Inc. (NYSE:ZTS) earned “Buy” rating by Jefferies on Tuesday, March 15. Deutsche Bank maintained Zoetis Inc. (NYSE:ZTS) rating on Friday, February 16. Deutsche Bank has “Hold” rating and $78 target. Morgan Stanley upgraded Zoetis Inc. (NYSE:ZTS) on Wednesday, November 29 to “Overweight” rating. The rating was maintained by Jefferies with “Buy” on Tuesday, January 16. Cowen & Co maintained the stock with “Buy” rating in Friday, November 17 report. The firm has “Buy” rating given on Wednesday, June 1 by Stifel Nicolaus.

Zoetis Inc. (NYSE:ZTS) Institutional Positions Chart

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