Sunday, 31 December 2017

Hellman Jordan Management Company Cut Palo Alto Networks (PANW) Holding by $374,544 as Stock Declined; As Zoetis (ZTS) Market Value Rose, Shareholder Dsm Capital Partners Has Decreased Its Holding by $7.93 Million

Dsm Capital Partners Llc decreased its stake in Zoetis (ZTS) by 2.72% based on its latest 2017Q3 regulatory filing with the SEC. Dsm Capital Partners Llc sold 125,847 shares as the company’s stock rose 14.85% with the market. The hedge fund held 4.51 million shares of the major pharmaceuticals company at the end of 2017Q3, valued at $287.28 million, down from 4.63 million at the end of the previous reported quarter. Dsm Capital Partners Llc who had been investing in Zoetis for a number of months, seems to be less bullish one the $35.10B market cap company. The stock decreased 0.48% or $0.35 during the last trading session, reaching $72.04. About 1.70 million shares traded. Zoetis Inc. (NYSE:ZTS) has risen 29.89% since December 30, 2016 and is uptrending. It has outperformed by 13.19% the S&P500.

Hellman Jordan Management Company Inc decreased its stake in Palo Alto Networks Inc (PANW) by 29.96% based on its latest 2017Q3 regulatory filing with the SEC. Hellman Jordan Management Company Inc sold 2,601 shares as the company’s stock declined 24.72% while stock markets rallied. The institutional investor held 6,082 shares of the technology company at the end of 2017Q3, valued at $876,000, down from 8,683 at the end of the previous reported quarter. Hellman Jordan Management Company Inc who had been investing in Palo Alto Networks Inc for a number of months, seems to be less bullish one the $13.32B market cap company. The stock decreased 1.31% or $1.93 during the last trading session, reaching $144.94. About 478,314 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since December 30, 2016 and is downtrending. It has underperformed by 33.01% the S&P500.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.06, from 1.04 in 2017Q2. It is positive, 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. Highlander Cap Mgmt Ltd stated it has 0.58% of its portfolio in Zoetis Inc. (NYSE:ZTS). Twin Tree Management LP has invested 0% in Zoetis Inc. (NYSE:ZTS). Schroder Inv holds 0.02% of its portfolio in Zoetis Inc. (NYSE:ZTS) for 145,754 shares. Tokio Marine Asset Mgmt Com Limited holds 0.17% in Zoetis Inc. (NYSE:ZTS) or 17,239 shares. 4.44 million are held by Neuberger Berman Limited Liability Company. Compton Management Incorporated Ri accumulated 18,160 shares. Parametric Portfolio Assoc has invested 0.11% of its portfolio in Zoetis Inc. (NYSE:ZTS). Commonwealth Equity Svcs Inc reported 0.02% stake. 24,909 are owned by Canada Pension Plan Invest Board. Colorado-based Advsrs Asset Mgmt Incorporated has invested 0.02% in Zoetis Inc. (NYSE:ZTS). Keybank Natl Association Oh reported 0.01% of its portfolio in Zoetis Inc. (NYSE:ZTS). 234,776 were accumulated by Aperio Ltd Liability Corporation. Hartford Investment Mgmt has invested 0.13% in Zoetis Inc. (NYSE:ZTS). Colony Group Incorporated Ltd Liability Corporation stated it has 25,709 shares. Jacobs Ca reported 1.58% of its portfolio in Zoetis Inc. (NYSE:ZTS).

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 27.29 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 65 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by UBS to “Neutral” on Friday, November 24. The company was maintained on Monday, October 16 by Jefferies. The rating was maintained by Cantor Fitzgerald with “Buy” on Tuesday, July 25. Jefferies maintained Zoetis Inc. (NYSE:ZTS) rating on Friday, June 16. Jefferies has “Buy” rating and $7300 target. The stock of Zoetis Inc. (NYSE:ZTS) earned “Hold” rating by Deutsche Bank on Wednesday, July 26. The rating was maintained by Morgan Stanley on Friday, November 3 with “Equal-Weight”. The firm earned “Buy” rating on Friday, July 14 by Jefferies. Stifel Nicolaus maintained Zoetis Inc. (NYSE:ZTS) rating on Thursday, November 2. Stifel Nicolaus has “Buy” rating and $74.0 target. As per Thursday, December 15, the company rating was upgraded by Cowen & Co. Stifel Nicolaus maintained the shares of ZTS in report on Thursday, July 20 with “Buy” rating.

Dsm Capital Partners Llc, which manages about $5.78 billion and $7.05B US Long portfolio, upped its stake in New Oriental Education (NYSE:EDU) by 265,647 shares to 506,765 shares, valued at $44.73 million in 2017Q3, according to the filing. It also increased its holding in Norwegian Cruise Line (NASDAQ:NCLH) by 1.85M shares in the quarter, for a total of 3.59 million shares, and has risen its stake in Autohome (NYSE:ATHM).

Since September 8, 2017, it had 0 insider purchases, and 9 insider sales for $42.82 million activity. ZUK NIR had sold 2,000 shares worth $290,015 on Monday, September 11. The insider Anderson Mark sold $6.36 million. Eschenbach Carl M. had sold 1,572 shares worth $227,920. MCLAUGHLIN MARK D sold $5.24 million worth of stock. 27,248 shares were sold by BONVANIE RENE, worth $4.09 million.

Analysts await Palo Alto Networks, Inc. (NYSE:PANW) to report earnings on February, 27. They expect $-0.21 earnings per share, up 63.79% or $0.37 from last year’s $-0.58 per share. After $-0.16 actual earnings per share reported by Palo Alto Networks, Inc. for the previous quarter, Wall Street now forecasts 31.25% negative EPS growth.

Investors sentiment increased to 1.16 in Q3 2017. Its up 0.22, from 0.94 in 2017Q2. It increased, as 43 investors sold PANW shares while 148 reduced holdings. 63 funds opened positions while 159 raised stakes. 70.19 million shares or 3.76% more from 67.64 million shares in 2017Q2 were reported. California-based Granite Investment Prtnrs Ltd Co has invested 0.57% in Palo Alto Networks, Inc. (NYSE:PANW). West Oak Lc invested 0.04% in Palo Alto Networks, Inc. (NYSE:PANW). Pennsylvania holds 0.01% or 1,875 shares. Commonwealth Equity Inc holds 0.02% in Palo Alto Networks, Inc. (NYSE:PANW) or 20,916 shares. Rhumbline Advisers invested in 0.03% or 105,343 shares. North Carolina-based Atria Invests Ltd Liability has invested 0.01% in Palo Alto Networks, Inc. (NYSE:PANW). 19,095 are owned by Aperio Grp Inc Lc. 2,633 are owned by Glenmede Tru Na. Moreover, Comerica Commercial Bank has 0.01% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 13,719 shares. Natl Insur Com Tx reported 17,840 shares. Benjamin F Edwards & reported 1,232 shares. Comml Bank Hapoalim Bm, Israel-based fund reported 1,897 shares. 9,991 were reported by Hills Bank & Trust Tru. 10,500 are held by Quantitative Inv Mngmt Lc. Wells Fargo Com Mn holds 0.03% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 631,781 shares.

Hellman Jordan Management Company Inc, which manages about $886.87 million and $45.94 million US Long portfolio, upped its stake in Drxn Daily S&P Biotech Bull by 40,000 shares to 90,000 shares, valued at $7.69M in 2017Q3, according to the filing.

Among 52 analysts covering Palo Alto Networks (NYSE:PANW), 41 have Buy rating, 2 Sell and 9 Hold. Therefore 79% are positive. Palo Alto Networks had 179 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by BMO Capital Markets given on Thursday, October 5. The firm earned “Buy” rating on Friday, October 27 by Maxim Group. Barclays Capital maintained it with “Overweight” rating and $200 target in Wednesday, August 31 report. RBC Capital Markets maintained the shares of PANW in report on Tuesday, November 24 with “Outperform” rating. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Buy” rating by Jefferies on Thursday, June 1. Gabelli upgraded Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, June 1 to “Buy” rating. Goldman Sachs maintained it with “Buy” rating and $175 target in Wednesday, August 31 report. The firm earned “Buy” rating on Thursday, August 31 by KeyBanc Capital Markets. On Tuesday, November 21 the stock rating was maintained by BMO Capital Markets with “Hold”. The rating was maintained by Oppenheimer with “Outperform” on Tuesday, November 24.

The post Hellman Jordan Management Company Cut Palo Alto Networks (PANW) Holding by $374,544 as Stock Declined; As Zoetis (ZTS) Market Value Rose, Shareholder Dsm Capital Partners Has Decreased Its Holding by $7.93 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.



from
https://www.hillcountrytimes.com/2017/12/30/hellman-jordan-management-company-cut-palo-alto-networks-panw-holding-by-374544-as-stock-declined-as-zoetis-zts-market-value-rose-shareholder-dsm-capital-partners-has-decreased-its-holding-by/

No comments:

Post a Comment