Banco Bilbao Vizcaya Argentaria S.A. Has $44.90 Million Stock Position in Pfizer Inc. $PFE

Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of Pfizer Inc. (NYSE:PFEFree Report) by 1.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,767,812 shares of the biopharmaceutical company’s stock after buying an additional 30,478 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Pfizer were worth $44,895,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Pfizer during the 3rd quarter worth approximately $29,000. Howard Hughes Medical Institute acquired a new position in Pfizer in the second quarter valued at approximately $30,000. Darwin Wealth Management LLC acquired a new position in Pfizer in the second quarter valued at approximately $32,000. Evelyn Partners Asset Management Ltd bought a new position in Pfizer in the second quarter valued at approximately $33,000. Finally, True Wealth Design LLC grew its holdings in Pfizer by 302.5% during the 3rd quarter. True Wealth Design LLC now owns 1,296 shares of the biopharmaceutical company’s stock worth $33,000 after acquiring an additional 974 shares during the period. Institutional investors own 68.36% of the company’s stock.

Pfizer Price Performance

Shares of PFE stock opened at $26.60 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.16 and a debt-to-equity ratio of 0.71. Pfizer Inc. has a 12-month low of $20.92 and a 12-month high of $27.94. The firm has a fifty day moving average of $26.50 and a 200-day moving average of $25.52. The firm has a market capitalization of $151.23 billion, a price-to-earnings ratio of 19.56 and a beta of 0.47.

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

Key Stories Impacting Pfizer

Here are the key news stories impacting Pfizer this week:

Analysts Set New Price Targets

Several analysts have commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Pfizer in a research report on Thursday, January 22nd. Guggenheim reaffirmed a “buy” rating on shares of Pfizer in a research note on Wednesday, December 17th. Argus upgraded 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. Daiwa Securities Group lowered Pfizer from an “outperform” rating to a “neutral” rating and set a $27.00 target price on the stock. in a research note on Thursday, February 12th. Finally, UBS Group assumed coverage on Pfizer in a research report on Tuesday, January 6th. They set a “neutral” rating and a $25.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, fourteen have assigned 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 a consensus target price of $28.05.

Check Out Our Latest Report on PFE

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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