Tyrus Capital S.a.m. buys $52,470,000 stake in Pfizer (PFE)

Pfizer (PFE) : Tyrus Capital S.a.m. scooped up 1,480,668 additional shares in Pfizer during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,500,000 shares of Pfizer which is valued at $52,470,000.Pfizer makes up approximately 16.42% of Tyrus Capital S.a.m.’s portfolio.

Other Hedge Funds, Including , Capital International Investors boosted its stake in PFE in the latest quarter, The investment management firm added 7,094,050 additional shares and now holds a total of 36,572,431 shares of Pfizer which is valued at $1,279,303,636. Pfizer makes up approx 1.87% of Capital International Investors’s portfolio.Oarsman Capital reduced its stake in PFE by selling 564 shares or 1.19% in the most recent quarter. The Hedge Fund company now holds 46,827 shares of PFE which is valued at $1,638,008. Pfizer makes up approx 0.82% of Oarsman Capital’s portfolio. Tuttle Tactical Management added PFE to its portfolio by purchasing 3,303 company shares during the most recent quarter which is valued at $115,539. Pfizer makes up approx 0.10% of Tuttle Tactical Management’s portfolio. Aspiriant added PFE to its portfolio by purchasing 5,832 company shares during the most recent quarter which is valued at $204,995. Pfizer makes up approx 0.02% of Aspiriant’s portfolio.Forward Management boosted its stake in PFE in the latest quarter, The investment management firm added 1,281 additional shares and now holds a total of 56,137 shares of Pfizer which is valued at $1,981,075. Pfizer makes up approx 0.16% of Forward Management’s portfolio.

Pfizer closed down -0.12 points or -0.34% at $34.68 with 1,59,21,155 shares getting traded on Thursday. Post opening the session at $34.73, the shares hit an intraday low of $34.61 and an intraday high of $34.94 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Pfizer reported $0.64 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.62. The company had revenue of $13147.00 million for the quarter, compared to analysts expectations of $13013.24 million. The company’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.

Many Wall Street Analysts have commented on Pfizer. Shares were Reiterated by Jefferies on Jun 20, 2016 to “Buy” and Lowered the Price Target to $ 40 from a previous price target of $42 .

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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