Forbes J M & Co Llp Has Cut Zoetis (ZTS) Holding as Share Price Rose; Blackhawk Network Hldgs (HAWK) Holder Yost Capital Management Trimmed Stake by $8.52 Million as Market Value Rose

February 15, 2018 - By Vivian Currie

Forbes J M & Co Llp decreased its stake in Zoetis Inc (ZTS) by 22.03% based on its latest 2017Q3 regulatory filing with the SEC. Forbes J M & Co Llp sold 43,870 shares as the company’s stock rose 14.85% with the market. The institutional investor held 155,276 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $9.90 million, down from 199,146 at the end of the previous reported quarter. Forbes J M & Co Llp who had been investing in Zoetis Inc for a number of months, seems to be less bullish one the $37.40B market cap company. The stock increased 3.09% or $2.3 during the last trading session, reaching $76.76. About 2.08M shares traded. Zoetis Inc. (NYSE:ZTS) has risen 29.89% since February 15, 2017 and is uptrending. It has outperformed by 13.19% the S&P500.

Yost Capital Management Llc decreased its stake in Blackhawk Network Hldgs Inc (HAWK) by 32.29% based on its latest 2017Q3 regulatory filing with the SEC. Yost Capital Management Llc sold 198,200 shares as the company’s stock rose 16.53% with the market. The institutional investor held 415,690 shares of the finance company at the end of 2017Q3, valued at $18.21M, down from 613,890 at the end of the previous reported quarter. Yost Capital Management Llc who had been investing in Blackhawk Network Hldgs Inc for a number of months, seems to be less bullish one the $2.54B market cap company. It closed at $44.75 lastly. It is down 34.41% since February 15, 2017 and is uptrending. It has outperformed by 17.71% the S&P500.

Among 14 analysts covering Blackhawk Network Holdings (NASDAQ:HAWK), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. Blackhawk Network Holdings had 39 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Citigroup on Monday, January 22 to “Hold”. The company was downgraded on Tuesday, January 16 by Craig Hallum. BMO Capital Markets maintained the shares of HAWK in report on Friday, October 13 with “Outperform” rating. The firm has “Outperform” rating given on Wednesday, June 28 by BMO Capital Markets. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) earned “Overweight” rating by First Analysis on Tuesday, December 1. First Analysis downgraded the shares of HAWK in report on Tuesday, January 23 to “Hold” rating. As per Tuesday, October 17, the company rating was maintained by Argus Research. CLSA upgraded the stock to “Outperform” rating in Wednesday, September 21 report. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) earned “Neutral” rating by Bank of America on Thursday, July 20. The firm earned “Market Perform” rating on Tuesday, January 23 by BMO Capital Markets.

Yost Capital Management Llc, which manages about $239.39 million and $145.65M US Long portfolio, upped its stake in Cullen Frost Bankers Inc (NYSE:CFR) by 19,790 shares to 114,270 shares, valued at $10.85M in 2017Q3, according to the filing.

Analysts await Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) to report earnings on February, 21. They expect $0.87 EPS, down 3.33% or $0.03 from last year’s $0.9 per share. HAWK’s profit will be $49.42M for 12.86 P/E if the $0.87 EPS becomes a reality. After $-0.14 actual EPS reported by Blackhawk Network Holdings, Inc. for the previous quarter, Wall Street now forecasts -721.43% EPS growth.

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. Zoetis Inc had 69 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Zoetis Inc. (NYSE:ZTS) has “Market Perform” rating given on Tuesday, June 13 by BMO Capital Markets. BMO Capital Markets upgraded the stock to “Outperform” rating in Friday, September 11 report. The stock of Zoetis Inc. (NYSE:ZTS) earned “Buy” rating by Jefferies on Friday, July 14. The rating was maintained by Cowen & Co on Friday, November 17 with “Buy”. Piper Jaffray maintained the shares of ZTS in report on Friday, November 3 with “Buy” rating. The firm has “Buy” rating by Craig Hallum given on Wednesday, August 9. The rating was maintained by Piper Jaffray with “Buy” on Friday, August 25. The firm earned “Overweight” rating on Thursday, December 15 by PiperJaffray. Cantor Fitzgerald maintained Zoetis Inc. (NYSE:ZTS) rating on Monday, August 14. Cantor Fitzgerald has “Buy” rating and $7500 target. The company was reinitiated on Thursday, December 15 by Piper Jaffray.

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By1 Vivian Currie

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