Boyd Watterson Asset Managementoh Lowers stake in Pfizer (PFE)

Pfizer (PFE) : Boyd Watterson Asset Managementoh reduced its stake in Pfizer by 5.92% during the most recent quarter end. The investment management company now holds a total of 94,690 shares of Pfizer which is valued at $3,077,425 after selling 5,962 shares in Pfizer , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.Pfizer makes up approximately 1.53% of Boyd Watterson Asset Managementoh’s portfolio.

Pfizer opened for trading at $33.06 and hit $33.48 on the upside on Wednesday, eventually ending the session at $33.24, with a gain of 0.03% or 0.01 points. The heightened volatility saw the trading volume jump to 3,41,79,594 shares. Company has a market cap of $205,561 M.

Other Hedge Funds, Including , Perkins Coie Trust Co reduced its stake in PFE by selling 820 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 68,450 shares of PFE which is valued at $2,224,625. Pfizer makes up approx 1.50% of Perkins Coie Trust Co’s portfolio.Alpha Windward reduced its stake in PFE by selling 19 shares or 0.22% in the most recent quarter. The Hedge Fund company now holds 8,602 shares of PFE which is valued at $279,565. Pfizer makes up approx 0.20% of Alpha Windward’s portfolio.Nexus Investment Management reduced its stake in PFE by selling 2,300 shares or 0.37% in the most recent quarter. The Hedge Fund company now holds 620,670 shares of PFE which is valued at $19,793,166. Pfizer makes up approx 3.77% of Nexus Investment Management’s portfolio.Pure Financial Advisors reduced its stake in PFE by selling 313 shares or 1.77% in the most recent quarter. The Hedge Fund company now holds 17,362 shares of PFE which is valued at $553,674. Pfizer makes up approx 0.20% of Pure Financial Advisors’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. Goldman Resumed Pfizer on Apr 18, 2016 to “Neutral”, Price Target of the shares are set at $35.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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