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Pfizer Inc. (PFE) Receives $38.76 Average Target Price from Brokerages

January 29, 2018 04:08·

Maverick Capital Ltd sold 2.73 million shares as Pfizer Inc (PFE)'s stock declined 3.45%. The Greystone Managed Investments Inc holds 324,498 shares with $11.59M value, up from 256,772 last quarter. Insiders sold a total of 29,450 shares of company stock worth $1,065,220 over the last quarter. About 48.81 million shares traded or 194.06% up from the average. Pfizer Inc. (NYSE:PFE) has declined 2.76% since January 27, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.The move comes after 5 months positive chart setup for the $232.53B company. Los Angeles Capital Management & Equity Research Inc. grew its stake in shares of Pfizer by 4.2% during the 3rd quarter. Fisher Asset Management LLC now owns 35,120,799 shares of the biopharmaceutical company's stock worth $1,253,813,000 after acquiring an additional 1,085,437 shares during the last quarter. Dct Industrial Trust now has $5.67 billion valuation. The shares were sold at an average price of $35.30, for a total value of $518,910.00. DCT Industrial Trust Inc. It is down 43.47% since January 28, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Investors sentiment increased to 1.32 in 2017 Q3. Its down 0.52, from 1.89 in 2017Q2. Federated Investors Pa invested in 339 shares or 0% of the stock. 21 funds opened positions while 45 raised stakes. Capital Invest Advsr Limited Liability Com owns 0.67% invested in Pfizer Inc. Ls Advsrs Limited Liability accumulated 450,069 shares. Moreover, Park National Oh has 0.02% invested in International Flavors & Fragrances Inc. (NYSE:PFE) for 80,261 shares. After having $0.27 EPS previously, First Foundation Inc.'s analysts see -3.70% EPS growth. Fisher Asset Management LLC lifted its stake in Pfizer by 3.2% in the third quarter. First American Natl Bank reported 173,180 shares. Associated Banc owns 890,400 shares. State Street Corporation reported 0% stake. Adage Capital Ptnrs Lc owns 6.96 million shares for 0.6% of their portfolio. Metropolitan Life Ins New York reported 92,575 shares stake. (NYSE:PFE). Camelot Portfolios Lc invested in 0.13% or 7,402 shares. Following the sale, the insider now directly owns 117,432 shares of the company's stock, valued at approximately $4,145,349.60.

Since August 1, 2017, it had 10 insider buys, and 4 insider sales for $74.24 million activity. It also reduced its holding in Cemex Sab De Cv (NYSE:CX) by 362,000 shares in the quarter, leaving it with 5.07M shares, and cut its stake in Netease Inc (NASDAQ:NTES). ValuEngine upgraded Pfizer from a "hold" rating to a "buy" rating in a report on Friday, October 6th. Therefore 19% are positive. Enbridge Inc. had 22 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Global Payments Inc. Adell Harriman And Carpenter, Texas-based fund reported 143,096 shares.

Shares of Pfizer Inc. (NYSE:V) has "Buy" rating given on Friday, July 21 by Cowen & Co. The firm earned "Sell" rating on Tuesday, May 16 by Citigroup. BMO Capital Markets set a $37.00 price target on Pfizer and gave the stock a "buy" rating in a report on Tuesday, October 10th. Oppenheimer maintained it with "Buy" rating and $110.0 target in Wednesday, November 8 report. The rating was maintained by Credit Suisse on Monday, May 9 with "Outperform". (NYSE:PFE) has "Neutral" rating given on Wednesday, November 25 by SunTrust. Pfizer now has a consensus rating of "Hold" and an average price target of $38.12. (NYSE:PFE) on Tuesday, December 1 with "Equal-Weight" rating.

Riverhead Capital Management Llc decreased Procter & Gamble Co/The (NYSE:PG) stake by 7,039 shares to 84,088 valued at $7.65M in 2017Q3. It also upped Comcast Corp New (NASDAQ:CMCSA) stake by 9,330 shares and now owns 89,150 shares. Dollar Tree Inc (NASDAQ:DLTR) was raised too. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Therefore 14% are positive. Pfizer had 68 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Hold" rating by Jefferies given on Tuesday, January 16. Jefferies maintained it with "Hold" rating and $39.0 target in Thursday, October 26 report. The rating was downgraded by Argus Research on Wednesday, November 2 to "Hold". Jefferies Group set a $38.00 price objective on shares of Pfizer and gave the company a "neutral" rating in a research report on Monday, October 16th. Advisor Group Inc. now owns 451,800 shares of the biopharmaceutical company's stock worth $16,133,000 after purchasing an additional 11,064 shares during the period. Roth Capital maintained XO Group Inc. As per Friday, August 28, the company rating was maintained by Piper Jaffray. The firm earned "Neutral" rating on Friday, December 2 by Guggenheim. (NYSE:PFE). 180,460 are held by Private Capital Advsr.

Since August 4, 2017, it had 0 insider purchases, and 10 sales for $16.36 million activity. 8,000 Pfizer Inc. (NYSE:PFE) shares with value of $296,560 were sold by JOHNSON RADY A. $502,560 worth of Pfizer Inc.

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In related news, insider Alexander R. Mackenzie sold 14,700 shares of the company's stock in a transaction on Wednesday, November 1st. READ IAN C sold 96,950 shares worth $3.30 million. Another trade for 8,064 shares valued at $263,693 was sold by OLSON LAURIE J. (NYSE:PFE) for 2.13 million shares. Guardian Inv Mgmt reported 2.26% in Pfizer Inc. (NYSE:ENB) to report earnings on February, 16. During the same quarter previous year, the company earned $0.61 earnings per share. NXPI's profit will be $545.84 million for 18.69 P/E if the $1.61 EPS becomes a reality. Wellington Shields Limited Liability Corporation reported 0.68% in Pfizer Inc.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It improved, as 53 investors sold PFE shares while 700 reduced holdings.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Nebraska-based Farmers & Merchants Invs Inc has invested 0.46% in Pfizer Inc. Shapiro Mgmt Ltd Co holds 0.86% or 413,270 shares. Shelter Mutual Insur has 2.67% invested in Pfizer Inc. (NYSE:PFE). 159 are held by Horrell Capital Mngmt Inc.

Shares of Pfizer Inc. (NYSE:PFE) for 2.79 million shares. Waddell Reed Fincl accumulated 6.86M shares. (NYSE:PFE) for 1.24M shares. Palisades Hudson Asset Management Lp holds 20,236 shares.

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