Pfizer Inc. Stock Falls Despite Q4 Earnings Beat


The institutional investor held 16,200 shares of the public utilities company at the end of 2017Q3, valued at $306,000, down from 126,900 at the end of the previous reported quarter.

Pfizer (NYSE:PFE) has been given a $38.00 target price by equities researchers at Morningstar in a research report issued to clients and investors on Tuesday. About 17.92M shares traded or 6.05% up from the average.

Pfizer Inc. (PFE) shares rose 1.4% in premarket trade Tuesday after the company reported fourth-quarter profit and revenue beats and upbeat 2018 guidance. It has underperformed by 19.46% the S&P500. Swedbank now owns 3,754,276 shares of the biopharmaceutical company's stock worth $126,106,000 after acquiring an additional 77,690 shares during the last quarter. Therefore 73% are positive. Trillium Therapeutics had 5 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was upgraded by Nordea to "Buy" on Wednesday, June 1. As per Tuesday, May 3, the company rating was reinitiated by Wells Fargo. The stock of Pfizer Inc. (NYSE:PFE) rating on Thursday, September 14. Axel Capital Management Llc who had been investing in Live Nation Entertainment In for a number of months, seems to be bullish on the $9.37 billion market cap company.

Trillium Therapeutics Inc., a clinical-stage immuno-oncology company, develops therapies for the treatment of cancer. As per Wednesday, October 4, the company rating was maintained by Northland Capital. (NASDAQ:FLXN) rating on Friday, July 7. Roth Capital has "Buy" rating and $300 target. See Cogentix Medical, Inc.

The latest exchange of 0.73 Million shares is below its average trading activity of 720.99 Million shares. The insider MACKENZIE ALEXANDER R sold $249,750. Also, EVP Rady A. Johnson sold 8,000 shares of the business's stock in a transaction dated Friday, December 15th. NBT Bank N A NY's holdings in Pfizer were worth $7,728,000 at the end of the most recent quarter. Shares for $263,693 were sold by OLSON LAURIE J. California Pub Employees Retirement System accumulated 452,575 shares.

Shares of Pfizer Inc.

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PFE has been the topic of several research reports. The per-share earnings were boosted by a low 8.6 percent effective tax rate on fourth-quarter adjusted earnings.

Investors sentiment increased to 0.96 in 2017 Q3. Its down 0.30, from 1.25 in 2017Q2.

Hedge funds and other institutional investors have recently bought and sold shares of the company. 106 funds opened positions while 620 raised stakes. Leerink Swann maintained Pfizer Inc. DAMELIO FRANK A had sold 94,409 shares worth $3.21 million on Thursday, August 31. Wealthtrust has 0.14% invested in Pfizer Inc. (NYSE:PFE) for 33,488 shares. Mcrae Management has 9,961 shares for 0.15% of their portfolio. Renaissance Technology Ltd Liability Corp stated it has 0.06% of its portfolio in Transocean Ltd. (NYSE:RIG). Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? Brinker Incorporated holds 19,006 shares or 0.04% of its portfolio. (NYSE:PFE) or 311,002 shares.

Pfizer is increasing its USA investment, including $5 billion in capital projects and manufacturing. (NYSE:PFE). Parametrica reported 0.18% in Pfizer Inc. Ubs Asset Mgmt Americas has invested 0% in PICO Holdings, Inc. Company insiders own 0.06% of the company's stock. Rhumbline Advisers, a Massachusetts-based fund reported 9.48 million shares. First Quadrant LP Ca owns 200,264 shares. Peachtree Investment Advisors Inc. grew its holdings in shares of Pfizer by 15.0% in the 2nd quarter.

The firm attains analyst recommendation of 2.50 on scale of 1-5. Therefore 43% are positive. Credicorp LTD had 12 analyst reports since September 11, 2015 according to SRatingsIntel. Maryland Cap Mgmt stated it has 0.65% in Pfizer Inc. The stock has an average rating of "Hold" and a consensus price target of $38.22. Credit Suisse downgraded Pfizer Inc. The rating was maintained by SunTrust with "Hold" on Monday, October 16. The stock has "Buy" rating by Sidoti on Monday, January 18. As per Thursday, April 7, the company rating was reinitiated by JP Morgan. The company was maintained on Friday, August 28 by Piper Jaffray. As per Monday, May 1, the company rating was maintained by BMO Capital Markets.

Staley Advisers invested in 1.02M shares. Parkside Fin Retail Bank Tru holds 33,150 shares or 2% of its portfolio. 178.00 million shares or 2.43% less from 182.42 million shares in 2017Q2 were reported. Raymond James Trust Na holds 214,344 shares or 2.36% of its portfolio. Advent Cap Mngmt De reported 0.01% in Flexion Therapeutics, Inc. Facebook Inc (NASDAQ:FB) was raised too. Deutsche Bankshares Ag has 932,634 shares for 0.03% of their portfolio.