Chesley Taft & Associates LLC Acquires 60,956 Shares of Pfizer Inc. $PFE

Chesley Taft & Associates LLC boosted its holdings in Pfizer Inc. (NYSE:PFEFree Report) by 41.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 208,557 shares of the biopharmaceutical company’s stock after purchasing an additional 60,956 shares during the period. Chesley Taft & Associates LLC’s holdings in Pfizer were worth $5,193,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PFE. Woodward Diversified Capital LLC boosted its stake in Pfizer by 2.1% in the fourth quarter. Woodward Diversified Capital LLC now owns 30,172 shares of the biopharmaceutical company’s stock valued at $751,000 after acquiring an additional 623 shares during the last quarter. Baugh & Associates LLC lifted its position in shares of Pfizer by 19.6% during the 4th quarter. Baugh & Associates LLC now owns 212,290 shares of the biopharmaceutical company’s stock valued at $4,881,000 after buying an additional 34,733 shares during the last quarter. LVW Advisors LLC grew its stake in shares of Pfizer by 54.1% during the 4th quarter. LVW Advisors LLC now owns 17,937 shares of the biopharmaceutical company’s stock worth $447,000 after acquiring an additional 6,299 shares during the period. Acropolis Investment Management LLC grew its stake in shares of Pfizer by 6.5% during the 4th quarter. Acropolis Investment Management LLC now owns 18,358 shares of the biopharmaceutical company’s stock worth $457,000 after acquiring an additional 1,119 shares during the period. Finally, Legal Advantage Investments Inc. purchased a new stake in Pfizer in the 4th quarter worth about $361,000. Institutional investors own 68.36% of the company’s stock.

Key Headlines Impacting Pfizer

Here are the key news stories impacting Pfizer this week:

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Bank of America dropped their price objective on shares of Pfizer from $29.00 to $28.00 and set a “neutral” rating on the stock in a report on Monday, December 15th. UBS Group initiated coverage on shares of Pfizer in a research note on Tuesday, January 6th. They issued a “neutral” rating and a $25.00 target price for the company. Daiwa Securities Group cut shares of Pfizer from an “outperform” rating to a “neutral” rating and set a $27.00 price target on the stock. in a research note on Thursday, February 12th. Argus raised shares of Pfizer from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a report on Monday, March 2nd. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $30.00 price objective on shares of Pfizer in a research note on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Pfizer has an average rating of “Hold” and a consensus price target of $28.19.

Get Our Latest Stock Analysis on Pfizer

Pfizer Stock Down 2.0%

PFE stock opened at $27.03 on Friday. Pfizer Inc. has a twelve month low of $20.92 and a twelve month high of $27.94. The firm has a market capitalization of $153.70 billion, a PE ratio of 19.88 and a beta of 0.47. The company has a quick ratio of 0.87, a current ratio of 1.16 and a debt-to-equity ratio of 0.71. The stock has a 50-day simple moving average of $26.84 and a two-hundred day simple moving average of $25.69.

Pfizer (NYSE:PFEGet Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The biopharmaceutical company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The company had revenue of $17.56 billion during the quarter, compared to analyst estimates of $16.93 billion. Pfizer had a net margin of 12.42% and a return on equity of 20.48%. Pfizer’s revenue was down 1.2% compared to the same quarter last year. During the same period last year, the business earned $0.63 earnings per share. On average, equities analysts predict that Pfizer Inc. will post 2.95 EPS for the current fiscal year.

Pfizer 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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