As Zoetis (ZTS) Stock Rose, Shareholder Academy Capital Management Has Cut Holding by $6.17 Million; Hercules Capital (HTGC) Shareholder West Family Investments Has Decreased Its Position

February 17, 2018 - By Peter Erickson

West Family Investments Inc decreased its stake in Hercules Capital Inc (HTGC) by 75.9% based on its latest 2017Q3 regulatory filing with the SEC. West Family Investments Inc sold 62,982 shares as the company’s stock declined 12.59% while stock markets rallied. The institutional investor held 20,000 shares of the company at the end of 2017Q3, valued at $258,000, down from 82,982 at the end of the previous reported quarter. West Family Investments Inc who had been investing in Hercules Capital Inc for a number of months, seems to be less bullish one the $1.06 billion market cap company. The stock increased 1.37% or $0.17 during the last trading session, reaching $12.61. About 295,467 shares traded. Hercules Capital, Inc. (NYSE:HTGC) has risen 12.95% since February 17, 2017 and is uptrending. It has underperformed by 3.75% the S&P500.

Academy Capital Management Inc decreased its stake in Zoetis (ZTS) by 49.42% based on its latest 2017Q3 regulatory filing with the SEC. Academy Capital Management Inc sold 97,911 shares as the company’s stock rose 14.85% with the market. The institutional investor held 100,192 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $6.39 million, down from 198,103 at the end of the previous reported quarter. Academy Capital Management Inc who had been investing in Zoetis for a number of months, seems to be less bullish one the $38.85 billion market cap company. The stock increased 1.57% or $1.23 during the last trading session, reaching $79.73. About 3.96 million shares traded or 57.94% up from the average. Zoetis Inc. (NYSE:ZTS) has risen 29.89% since February 17, 2017 and is uptrending. It has outperformed by 13.19% the S&P500.

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Zoetis Inc had 74 analyst reports since July 24, 2015 according to SRatingsIntel. The company was upgraded on Thursday, January 4 by Citigroup. The stock has “Buy” rating by Zacks on Thursday, September 17. The company was initiated on Thursday, February 4 by Credit Suisse. The rating was initiated by Bank of America with “Buy” on Thursday, September 29. The stock of Zoetis Inc. (NYSE:ZTS) has “Buy” rating given on Monday, October 16 by Jefferies. The firm earned “Neutral” rating on Friday, November 24 by UBS. As per Thursday, December 15, the company rating was maintained by PiperJaffray. BMO Capital Markets maintained Zoetis Inc. (NYSE:ZTS) rating on Friday, May 5. BMO Capital Markets has “Buy” rating and $60 target. The stock of Zoetis Inc. (NYSE:ZTS) earned “Overweight” rating by Cantor Fitzgerald on Friday, June 16. The rating was upgraded by Morgan Stanley to “Overweight” on Wednesday, November 29.

Investors sentiment increased to 1.1 in Q3 2017. Its up 0.06, from 1.04 in 2017Q2. It increased, as 41 investors sold ZTS shares while 233 reduced holdings. 62 funds opened positions while 240 raised stakes. 440.74 million shares or 0.80% less from 444.27 million shares in 2017Q2 were reported. Gotham Asset Management Limited Liability Corp owns 3,988 shares for 0% of their portfolio. Liberty Mutual Group Asset Mngmt has 19,875 shares. Willingdon Wealth Mgmt invested 0.01% in Zoetis Inc. (NYSE:ZTS). Wealthtrust has invested 0.03% in Zoetis Inc. (NYSE:ZTS). Fny Managed Accounts Limited Liability Corp owns 248 shares or 0.02% of their US portfolio. South State invested in 0.05% or 6,823 shares. Commerzbank Aktiengesellschaft Fi has invested 0% in Zoetis Inc. (NYSE:ZTS). Mckinley Carter Wealth Svcs holds 3,160 shares. Quantres Asset Mgmt holds 0.95% or 23,200 shares in its portfolio. Autus Asset Mgmt Ltd Liability Corporation reported 1.19% in Zoetis Inc. (NYSE:ZTS). Riverhead Mngmt Ltd Llc holds 0.11% of its portfolio in Zoetis Inc. (NYSE:ZTS) for 36,158 shares. Foundry Prns Ltd holds 10,263 shares or 0.03% of its portfolio. Provise Group Lc holds 8,179 shares or 0.08% of its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt has 39,915 shares. Cantillon Cap Lc stated it has 3.97% of its portfolio in Zoetis Inc. (NYSE:ZTS).

Among 13 analysts covering Hercules Tech (NYSE:HTGC), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Hercules Tech had 30 analyst reports since August 7, 2015 according to SRatingsIntel. Wedbush upgraded the shares of HTGC in report on Wednesday, February 7 to “Outperform” rating. The firm earned “Buy” rating on Sunday, November 5 by RBC Capital Markets. The stock of Hercules Capital, Inc. (NYSE:HTGC) has “Market Perform” rating given on Friday, November 3 by Raymond James. Keefe Bruyette & Woods maintained Hercules Capital, Inc. (NYSE:HTGC) on Wednesday, July 5 with “Buy” rating. Bruyette & Woods” upgraded the stock to “Outperform” rating in Friday, August 7 report. The stock of Hercules Capital, Inc. (NYSE:HTGC) has “Underperform” rating given on Friday, August 4 by Raymond James. Sandler O’Neill maintained the stock with “Hold” rating in Wednesday, January 10 report. On Wednesday, January 10 the stock rating was maintained by FBR Capital with “Buy”. The firm has “Buy” rating given on Friday, September 8 by Compass Point. JMP Securities reinitiated the stock with “Mkt Outperform” rating in Monday, August 7 report.

Analysts await Hercules Capital, Inc. (NYSE:HTGC) to report earnings on February, 22. They expect $0.29 earnings per share, down 32.56% or $0.14 from last year’s $0.43 per share. HTGC’s profit will be $24.40 million for 10.87 P/E if the $0.29 EPS becomes a reality. After $0.29 actual earnings per share reported by Hercules Capital, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

West Family Investments Inc, which manages about $826.91 million US Long portfolio, upped its stake in Mondelez Intl Inc (NASDAQ:MDLZ) by 19,500 shares to 20,000 shares, valued at $813,000 in 2017Q3, according to the filing. It also increased its holding in Level 3 Communications Inc (NYSE:LVLT) by 693,464 shares in the quarter, for a total of 1.78 million shares, and has risen its stake in Comcast Corp New (NASDAQ:CMCSA).

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