Stillwater Capital Advisors Lowers stake in Pfizer (PFE)

Pfizer (PFE) : Stillwater Capital Advisors reduced its stake in Pfizer by 0.49% during the most recent quarter end. The investment management company now holds a total of 374,359 shares of Pfizer which is valued at $12,166,668 after selling 1,859 shares in Pfizer , the firm said in a disclosure report filed with the SEC on Apr 11, 2016.Pfizer makes up approximately 3.53% of Stillwater Capital Advisors’s portfolio.

Pfizer closed down -0.15 points or -0.46% at $32.5 with 3,52,74,322 shares getting traded on Friday. Post opening the session at $32.65, the shares hit an intraday low of $32.3 and an intraday high of $32.785 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Atlas Browninc. boosted its stake in PFE in the latest quarter, The investment management firm added 553 additional shares and now holds a total of 29,630 shares of Pfizer which is valued at $962,975. Pfizer makes up approx 0.41% of Atlas Browninc.’s portfolio.Waverton Investment Management Ltd reduced its stake in PFE by selling 31,577 shares or 4.65% in the most recent quarter. The Hedge Fund company now holds 647,316 shares of PFE which is valued at $20,642,907. Pfizer makes up approx 1.57% of Waverton Investment Management Ltd’s portfolio.Proficio Capital Partners reduced its stake in PFE by selling 636 shares or 1.0% in the most recent quarter. The Hedge Fund company now holds 63,141 shares of PFE which is valued at $2,013,566. Pfizer makes up approx 1.69% of Proficio Capital Partners’s portfolio.Eagle Asset Management Inc boosted its stake in PFE in the latest quarter, The investment management firm added 21,333 additional shares and now holds a total of 3,865,539 shares of Pfizer which is valued at $123,272,039. Pfizer makes up approx 0.87% of Eagle Asset Management Inc’s portfolio.

On the company’s financial health, Pfizer reported $0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $0.36. The company had revenue of $14047.00 million for the quarter, compared to analysts expectations of $13595.19 million. The company’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.

Many Wall Street Analysts have commented on Pfizer. JP Morgan Resumed Pfizer on Apr 7, 2016 to “Overweight”, Price Target of the shares are set at $38.Morgan Stanley Resumed Pfizer on Apr 7, 2016 to “Equal-Weight”, Price Target of the shares are set at $35.

Pfizer Inc. is a global biopharmaceutical company. The Company is engaged in discovering developing and manufacturing of healthcare products. Its products include Lyrica the Prevnar family of products Enbrel Celebrex Lipitor Viagra Zyvox Sutent EpiPen Toviaz Tygacil Rapamune Xalkori Inlyta Norvasc BeneFIX Genotropin and Enbrel among others. It operates in three segments: Global Innovative Pharmaceutical segment (GIP) Global Vaccines Oncology and Consumer Healthcare segment (VOC) and Global Established Pharmaceutical segment (GEP). GIP is focused on developing registering and commercializing medications in therapeutic areas such as inflammation cardiovascular/metabolic neuroscience and pain rare diseases and women’s/men’s health. VOC focuses on the development and commercialization of vaccines and products for oncology and consumer healthcare. GEP includes its sterile injectable products and bio similar development portfolio. Its subsidiary is Hospira Inc.

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