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Zoetis Inc. reported strong earnings and a dividend, prompting mixed responses from financial firms on shareholder positions.
Florida Financial Advisors bought more shares of Zoetis Inc., while other firms like Heritage Wealth Advisors and Financial Counselors Inc. slightly reduced their holdings.
Zoetis reported strong earnings of $1.40 per share, beating estimates, and announced a quarterly dividend.
The company, valued at $72.22 billion, focuses on animal health products.
Analysts project earnings of $6.07 per share for the year.
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Zoetis Inc. informó de fuertes ganancias y un dividendo, lo que provocó respuestas mixtas de las firmas financieras sobre posiciones de accionistas.