As Zoetis (ZTS) Market Value Rose, Toron Capital Markets Raised Holding by $1.16 Million; Qad (QADA) Shareholder Nantahala Capital Management Has Trimmed Position as Share Price Rose



September 10, 2017 – By Darrin Black

Toron Capital Markets Inc increased its stake in Zoetis Inc (ZTS) by 9.47% based on its latest 2016Q4 regulatory filing with the SEC. Toron Capital Markets Inc bought 21,948 shares as the company’s stock rose 14.85% with the market. The institutional investor held 253,743 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $13.58M, up from 231,795 at the end of the previous reported quarter. Toron Capital Markets Inc who had been investing in Zoetis Inc for a number of months, seems to be bullish on the $31.65B market cap company. The stock decreased 0.25% or $0.16 on September 8, reaching $64.7. About 2.61 million shares traded or 12.50% up from the average. Zoetis Inc (NYSE:ZTS) has risen 29.89% since September 10, 2016 and is uptrending. It has outperformed by 13.19% the S&P500.

Wilmot B. Harkey decreased its stake in Qad Inc (QADA) by 2.06% based on its latest 2016Q4 regulatory filing with the SEC. Nantahala Capital Management Llc sold 15,979 shares as the company’s stock rose 2.91% with the market. The hedge fund run by Wilmot B. Harkey held 758,954 shares of the prepackaged software company at the end of 2016Q4, valued at $23.07 million, down from 774,933 at the end of the previous reported quarter. Nantahala Capital Management Llc who had been investing in Qad Inc for a number of months, seems to be less bullish one the $611.88M market cap company. The stock decreased 0.30% or $0.1 on September 8, reaching $33.15. About 25,714 shares traded. QAD Inc. (NASDAQ:QADA) has risen 57.33% since September 10, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Among 3 analysts covering QAD (NASDAQ:QADA), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. QAD had 8 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 25 by Stifel Nicolaus. Zacks upgraded the stock to “Hold” rating in Tuesday, September 1 report. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, August 27. On Wednesday, November 23 the stock rating was maintained by Benchmark with “Buy”. As per Friday, August 28, the company rating was maintained by William Blair. Canaccord Genuity maintained the stock with “Buy” rating in Monday, August 28 report. Canaccord Genuity maintained it with “Buy” rating and $3500 target in Friday, May 26 report. The stock of QAD Inc. (NASDAQ:QADA) has “Buy” rating given on Friday, August 26 by Benchmark.

Nantahala Capital Management Llc, which manages about $614.40 million and $963.29 million US Long portfolio, upped its stake in On Deck Cap Inc by 1.03M shares to 1.76 million shares, valued at $8.14M in 2016Q4, according to the filing. It also increased its holding in Eldorado Resorts Inc (NASDAQ:ERI) by 438,393 shares in the quarter, for a total of 628,893 shares, and has risen its stake in Luxfer Hldgs Plc (NYSE:LXFR).

Another recent and important QAD Inc. (NASDAQ:QADA) news was published by Finance.Yahoo.com which published an article titled: “QAD Inc. reports 2Q loss” on August 24, 2017.

Among 19 analysts covering Zoetis Inc (NYSE:ZTS), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Zoetis Inc had 51 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Monday, August 7 by BMO Capital Markets. The firm has “Buy” rating given on Wednesday, August 30 by Stifel Nicolaus. Deutsche Bank initiated the stock with “Buy” rating in Tuesday, December 20 report. The stock has “Outperform” rating by Cowen & Co on Thursday, December 15. The rating was initiated by Stifel Nicolaus with “Buy” on Wednesday, June 1. The rating was downgraded by Goldman Sachs on Friday, May 6 to “Sell”. Cowen & Co maintained Zoetis Inc (NYSE:ZTS) rating on Monday, July 17. Cowen & Co has “Buy” rating and $7000 target. The firm has “Outperform” rating given on Friday, September 11 by BMO Capital Markets. The rating was downgraded by Zacks on Monday, September 7 to “Hold”. The firm has “Buy” rating by Cowen & Co given on Thursday, August 24.

Another recent and important Zoetis Inc (NYSE:ZTS) news was published by Businesswire.com which published an article titled: “Zoetis Announces Pricing of $1.25 Billion of Senior Notes” on September 05, 2017.

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