Zoetis (ZTS) Holder Agf Investments Has Trimmed Its Position as Share Value Rose; Summit Securities Group Lowered Kinder Morgan Del (Call) (KMI) Stake by $404.43 Million; Shares Declined

May 17, 2018 - By Steve Bissell

Zoetis Inc. (NYSE:ZTS) Logo

Summit Securities Group Llc decreased its stake in Kinder Morgan Inc Del (Call) (KMI) by 65.74% based on its latest 2017Q4 regulatory filing with the SEC. Summit Securities Group Llc sold 32,014 shares as the company’s stock declined 16.40% with the market. The institutional investor held 16,686 shares of the public utilities company at the end of 2017Q4, valued at $210.81M, down from 48,700 at the end of the previous reported quarter. Summit Securities Group Llc who had been investing in Kinder Morgan Inc Del (Call) for a number of months, seems to be less bullish one the $36.18B market cap company. The stock decreased 0.24% or $0.04 during the last trading session, reaching $16.4. About 10.03M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since May 17, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

Agf Investments Inc decreased its stake in Zoetis Inc. (ZTS) by 28.13% based on its latest 2017Q4 regulatory filing with the SEC. Agf Investments Inc sold 55,552 shares as the company’s stock rose 13.71% while stock markets declined. The institutional investor held 141,952 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $10.23M, down from 197,504 at the end of the previous reported quarter. Agf Investments Inc who had been investing in Zoetis Inc. for a number of months, seems to be less bullish one the $40.09B market cap company. The stock decreased 0.20% or $0.17 during the last trading session, reaching $82.85. About 3.22M shares traded or 25.50% up from the average. Zoetis Inc. (NYSE:ZTS) has risen 51.68% since May 17, 2017 and is uptrending. It has outperformed by 40.13% the S&P500.

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: 247Wallst.com which released: “What Kinder Morgan’s Dividend Hike Portends” on April 19, 2018, also Fool.com with their article: “Better Buy: Kinder Morgan, Inc. vs. Plains All American Pipeline” published on May 07, 2018, Seekingalpha.com published: “Kinder Morgan: Too Cheap To Ignore” on April 26, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan: Holding Pattern” published on April 22, 2018 as well as Seekingalpha.com‘s news article titled: “Kinder Morgan: Is The Worst Behind Us?” with publication date: April 22, 2018.

Summit Securities Group Llc, which manages about $840.93 million US Long portfolio, upped its stake in Hsbc Hldgs Plc (NYSE:HSBC) by 7,457 shares to 7,500 shares, valued at $387,000 in 2017Q4, according to the filing. It also increased its holding in Goldman Sachs Group Inc (NYSE:GS) by 20,390 shares in the quarter, for a total of 20,400 shares, and has risen its stake in Morgan Stanley (NYSE:MS).

Among 25 analysts covering Kinder Morgan (NYSE:KMI), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Kinder Morgan had 85 analyst reports since July 30, 2015 according to SRatingsIntel. On Monday, January 29 the stock rating was upgraded by Argus Research to “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, December 3. The firm has “Hold” rating given on Thursday, January 11 by Wells Fargo. As per Sunday, August 16, the company rating was maintained by Goldman Sachs. The rating was upgraded by Stifel Nicolaus on Thursday, October 20 to “Buy”. The firm has “Overweight” rating given on Tuesday, April 17 by Barclays Capital. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Overweight” rating by Morgan Stanley on Thursday, August 18. The company was maintained on Tuesday, July 19 by Citigroup. The firm has “Overweight” rating given on Thursday, October 22 by Barclays Capital. As per Friday, April 21, the company rating was initiated by Macquarie Research.

Investors sentiment decreased to 0.7 in 2017 Q4. Its down 0.07, from 0.77 in 2017Q3. It fall, as 75 investors sold KMI shares while 372 reduced holdings. 83 funds opened positions while 231 raised stakes. 1.31 billion shares or 0.25% more from 1.31 billion shares in 2017Q3 were reported. Renaissance Tech Limited Liability Corporation holds 0.06% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 3.17 million shares. Sumitomo Mitsui Tru Inc reported 0.13% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Dupont Cap Mgmt, a Delaware-based fund reported 142,908 shares. Oakbrook Invs Ltd Com invested in 69,430 shares. Veritable Ltd Partnership holds 0.15% or 424,979 shares. Nichols & Pratt Advisers Ltd Liability Partnership Ma reported 1.17% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Texas-based Kempner Inc has invested 0.42% in Kinder Morgan, Inc. (NYSE:KMI). Invesco Limited owns 2.84 million shares. California State Teachers Retirement System reported 0.13% in Kinder Morgan, Inc. (NYSE:KMI). Center Coast Advisors Lp holds 0% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 1,498 shares. Gamble Jones Invest Counsel owns 19,238 shares. Grassi Invest Mgmt owns 246,968 shares. Proshare Ltd accumulated 395,646 shares. Penn Davis Mcfarland reported 5.18% stake. King Luther Capital has 154,134 shares.

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on July, 18. They expect $0.19 earnings per share, up 35.71% or $0.05 from last year’s $0.14 per share. KMI’s profit will be $419.16M for 21.58 P/E if the $0.19 EPS becomes a reality. After $0.22 actual earnings per share reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts -13.64% negative EPS growth.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.03, from 1.1 in 2017Q3. It increased, as 34 investors sold ZTS shares while 251 reduced holdings. 80 funds opened positions while 241 raised stakes. 429.52 million shares or 2.55% less from 440.74 million shares in 2017Q3 were reported. Lourd Lc holds 0.03% or 6,209 shares in its portfolio. Bp Plc has invested 0.26% of its portfolio in Zoetis Inc. (NYSE:ZTS). First Trust Limited Partnership has 0.02% invested in Zoetis Inc. (NYSE:ZTS) for 122,911 shares. Pdt Prns Ltd Co reported 160,342 shares or 0.34% of all its holdings. Wendell David Associates Incorporated owns 10,300 shares for 0.13% of their portfolio. Spark Investment Mgmt Lc has 0.22% invested in Zoetis Inc. (NYSE:ZTS). Moneta Gp Invest Advisors Limited Liability Company owns 0% invested in Zoetis Inc. (NYSE:ZTS) for 4 shares. Veritable Limited Partnership reported 28,163 shares. Gsa Partners Limited Liability Partnership holds 11,461 shares. Ancora Advsrs Lc, a Us-based fund reported 54,280 shares. Kbc Group Nv holds 240,011 shares or 0.15% of its portfolio. Moreover, Robecosam Ag has 0.07% invested in Zoetis Inc. (NYSE:ZTS) for 15,346 shares. One National Association holds 52,284 shares. Moreover, Meiji Yasuda Life Insur has 0.14% invested in Zoetis Inc. (NYSE:ZTS) for 13,900 shares. Lincoln National Corporation invested 0.01% of its portfolio in Zoetis Inc. (NYSE:ZTS).

Agf Investments Inc, which manages about $10.28B US Long portfolio, upped its stake in Ctrip.Com International Ltd. Adr (NASDAQ:CTRP) by 113,554 shares to 381,436 shares, valued at $16.82 million in 2017Q4, according to the filing. It also increased its holding in International Business Machines Corp. (NYSE:IBM) by 48,186 shares in the quarter, for a total of 473,674 shares, and has risen its stake in Netflix Inc. (NASDAQ:NFLX).

Analysts await Zoetis Inc. (NYSE:ZTS) to report earnings on August, 14. They expect $0.71 earnings per share, up 33.96% or $0.18 from last year’s $0.53 per share. ZTS’s profit will be $343.54M for 29.17 P/E if the $0.71 EPS becomes a reality. After $0.75 actual earnings per share reported by Zoetis Inc. for the previous quarter, Wall Street now forecasts -5.33% negative EPS growth.

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Zoetis Inc had 80 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Piper Jaffray on Friday, July 14. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, August 4. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, December 21. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, September 6. The firm has “Outperform” rating given on Thursday, August 6 by William Blair. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, July 26 report. The firm has “Buy” rating given on Thursday, September 29 by Bank of America. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 30 report. Jefferies maintained the shares of ZTS in report on Friday, July 14 with “Buy” rating. Citigroup upgraded Zoetis Inc. (NYSE:ZTS) rating on Thursday, January 4. Citigroup has “Buy” rating and $85.0 target.

Since February 21, 2018, it had 0 buys, and 5 insider sales for $7.23 million activity. Chen Heidi C. sold $625,414 worth of stock. The insider PECK KRISTIN C sold 4,877 shares worth $407,034. Another trade for 35,663 shares valued at $2.89 million was sold by Lagano Roxanne.

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart

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