Trust Co. of Vermont Cuts Position in Pfizer Inc. $PFE

Trust Co. of Vermont lessened its position in Pfizer Inc. (NYSE:PFEFree Report) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 184,643 shares of the biopharmaceutical company’s stock after selling 32,076 shares during the quarter. Trust Co. of Vermont’s holdings in Pfizer were worth $4,598,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Peak Asset Management LLC increased its position in shares of Pfizer by 1.4% during the second quarter. Peak Asset Management LLC now owns 28,768 shares of the biopharmaceutical company’s stock worth $697,000 after acquiring an additional 402 shares during the period. Quest Investment Management LLC raised its position in Pfizer by 1.3% in the 3rd quarter. Quest Investment Management LLC now owns 31,768 shares of the biopharmaceutical company’s stock valued at $809,000 after purchasing an additional 405 shares in the last quarter. Community Bank & Trust Waco Texas raised its position in Pfizer by 0.6% in the 3rd quarter. Community Bank & Trust Waco Texas now owns 66,841 shares of the biopharmaceutical company’s stock valued at $1,703,000 after purchasing an additional 412 shares in the last quarter. CVA Family Office LLC boosted its stake in shares of Pfizer by 3.3% in the 3rd quarter. CVA Family Office LLC now owns 12,915 shares of the biopharmaceutical company’s stock valued at $329,000 after buying an additional 413 shares during the period. Finally, Boltwood Capital Management grew its position in shares of Pfizer by 0.7% during the third quarter. Boltwood Capital Management now owns 58,274 shares of the biopharmaceutical company’s stock worth $1,485,000 after buying an additional 420 shares in the last quarter. 68.36% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wolfe Research set a $24.00 target price on shares of Pfizer and gave the stock an “underperform” rating in a research note on Wednesday, December 17th. Morgan Stanley set a $27.00 price target on shares of Pfizer and gave the stock a “positive” rating in a report on Tuesday, March 17th. Barclays initiated coverage on shares of Pfizer in a research report on Thursday, February 19th. They issued an “underweight” rating and a $25.00 price objective on the stock. Royal Bank Of Canada began coverage on shares of Pfizer in a report on Tuesday, February 24th. They issued an “underperform” rating and a $25.00 price objective on the stock. Finally, Daiwa Securities Group cut Pfizer from an “outperform” rating to a “neutral” rating and set a $27.00 target price for the company. in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Pfizer presently has a consensus rating of “Hold” and a consensus price target of $28.19.

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Pfizer Trading Up 1.7%

Shares of Pfizer stock opened at $28.56 on Thursday. The company has a market capitalization of $162.41 billion, a P/E ratio of 21.00 and a beta of 0.43. Pfizer Inc. has a 1 year low of $20.92 and a 1 year high of $28.64. The company’s fifty day moving average is $26.99 and its two-hundred day moving average is $25.77. 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 posted its quarterly earnings data on Tuesday, February 3rd. The biopharmaceutical company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.57 by $0.09. Pfizer had a return on equity of 20.48% and a net margin of 12.42%.The firm had revenue of $17.56 billion during the quarter, compared to the consensus estimate of $16.93 billion. During the same period in the prior year, the business earned $0.63 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. Analysts forecast that Pfizer Inc. will post 2.95 earnings per share for the current year.

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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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