Pfizer Inc. $PFE Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lessened its stake in Pfizer Inc. (NYSE:PFEFree Report) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,094,953 shares of the biopharmaceutical company’s stock after selling 43,723 shares during the period. D.A. Davidson & CO. owned 0.05% of Pfizer worth $77,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of PFE. Horizon Financial Services LLC boosted its stake in Pfizer by 174.8% in the fourth quarter. Horizon Financial Services LLC now owns 1,014 shares of the biopharmaceutical company’s stock valued at $25,000 after acquiring an additional 645 shares in the last quarter. YANKCOM Partnership acquired a new position in Pfizer in the fourth quarter valued at $28,000. Grey Fox Wealth Advisors LLC acquired a new position in Pfizer in the third quarter valued at $29,000. Darwin Wealth Management LLC acquired a new position in Pfizer in the second quarter valued at $32,000. Finally, True Wealth Design LLC boosted its stake in Pfizer by 302.5% in the third quarter. True Wealth Design LLC now owns 1,296 shares of the biopharmaceutical company’s stock valued at $33,000 after acquiring an additional 974 shares in the last quarter. Institutional investors and hedge funds own 68.36% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Argus upgraded shares of Pfizer from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a research note on Monday, March 2nd. Cantor Fitzgerald reiterated a “neutral” rating and set a $27.00 target price on shares of Pfizer in a research note on Wednesday, February 4th. BMO Capital Markets reiterated an “outperform” rating and set a $30.00 target price on shares of Pfizer in a research note on Monday, March 9th. TD Cowen reiterated a “hold” rating on shares of Pfizer in a research note on Tuesday, December 30th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Pfizer in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $28.48.

View Our Latest Stock Analysis on PFE

Pfizer News Summary

Here are the key news stories impacting Pfizer this week:

Pfizer Price Performance

Shares of PFE opened at $27.01 on Monday. Pfizer Inc. has a fifty-two week low of $21.97 and a fifty-two week high of $28.75. The company has a market capitalization of $153.56 billion, a price-to-earnings ratio of 19.86 and a beta of 0.43. The firm has a 50-day simple moving average of $27.23 and a 200-day simple moving average of $26.06. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.16.

Pfizer (NYSE:PFEGet Free Report) last announced its earnings results on Tuesday, February 3rd. The biopharmaceutical company reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.09. The business had revenue of $17.56 billion during the quarter, compared to the consensus estimate of $16.93 billion. Pfizer had a net margin of 12.42% and a return on equity of 20.48%. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 earnings per share. On average, equities research analysts anticipate that Pfizer Inc. will post 2.98 earnings per share for the current year.

Pfizer Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 8th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, May 8th. Pfizer’s dividend payout ratio is currently 126.47%.

Pfizer Company Profile

(Free Report)

Pfizer Inc (NYSE: PFE) is a multinational biopharmaceutical company headquartered in New York City. Founded in 1849 by Charles Pfizer and Charles Erhart, the company researches, develops, manufactures and commercializes a broad range of medicines and vaccines for human health. Its activities span discovery research, clinical development, regulatory affairs, manufacturing and global commercial distribution across multiple therapeutic areas.

Pfizer’s portfolio and pipeline cover oncology, immunology, cardiology, endocrinology, rare diseases, hospital acute care and anti-infectives, along with a substantial vaccine business.

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Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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