Capital International Investors buys $1,284,858,501 stake in Pfizer (PFE)

Pfizer (PFE) : Capital International Investors scooped up 2,852,500 additional shares in Pfizer during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 39,424,931 shares of Pfizer which is valued at $1,284,858,501.Pfizer makes up approximately 1.86% of Capital International Investors’s portfolio.

Other Hedge Funds, Including , Cedar Hill Associates reduced its stake in PFE by selling 600 shares or 4.62% in the most recent quarter. The Hedge Fund company now holds 12,387 shares of PFE which is valued at $401,091. Pfizer makes up approx 0.06% of Cedar Hill Associates’s portfolio.Checchi Capital Advisers boosted its stake in PFE in the latest quarter, The investment management firm added 1,275 additional shares and now holds a total of 75,254 shares of Pfizer which is valued at $2,520,256. Pfizer makes up approx 0.75% of Checchi Capital Advisers’s portfolio.Employees Retirement System Of Texas boosted its stake in PFE in the latest quarter, The investment management firm added 352,500 additional shares and now holds a total of 1,410,870 shares of Pfizer which is valued at $47,250,036. Pfizer makes up approx 0.64% of Employees Retirement System Of Texas’s portfolio.United Asset Strategies boosted its stake in PFE in the latest quarter, The investment management firm added 1,859 additional shares and now holds a total of 67,907 shares of Pfizer which is valued at $2,037,210. Pfizer makes up approx 0.74% of United Asset Strategies’s portfolio.Trust Co Of Virginia Va reduced its stake in PFE by selling 291 shares or 0.42% in the most recent quarter. The Hedge Fund company now holds 68,246 shares of PFE which is valued at $2,217,995. Pfizer makes up approx 0.38% of Trust Co Of Virginia Va’s portfolio.

Pfizer closed down -0.25 points or -0.79% at $31.48 with 2,41,56,427 shares getting traded on Monday. Post opening the session at $31.95, the shares hit an intraday low of $31.44 and an intraday high of $31.95 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Pfizer reported $0.61 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Nov 1, 2016. Analyst had a consensus of $0.62. The company had revenue of $13045.00 million for the quarter, compared to analysts expectations of $13027.62 million. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 EPS.

Many Wall Street Analysts have commented on Pfizer. Pfizer was Downgraded by Argus to ” Hold” on Nov 2, 2016. Pfizer was Downgraded by Jefferies to ” Hold” on Oct 13, 2016.

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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