<div id="readability-page-1"><p>MUFG Securities EMEA plc lowered its position in  Pfizer Inc. (NYSE:PFE - Free Report) by 54.6% during the first quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The fund owned 395,999 shares of the biopharmaceutical company's stock after selling 476,100 shares during the period. MUFG Securities EMEA plc's holdings in Pfizer were worth $10,035,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>Healthcare Stocks Hit Valuation Bottom, 3 Names to Rebound</li></ul><p>Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in  Pfizer by 0.9% during the first quarter. Vanguard Group Inc. now owns 523,165,127 shares of the biopharmaceutical company's stock valued at $13,257,004,000 after buying an additional 4,629,976 shares during the period.  Northern Trust Corp boosted its stake in shares of  Pfizer by 7.7% during the 4th quarter. Northern Trust Corp now owns 58,382,560 shares of the biopharmaceutical company's stock worth $1,548,889,000 after acquiring an additional 4,167,222 shares in the last quarter.  UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of  Pfizer by 3.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 39,402,619 shares of the biopharmaceutical company's stock valued at $1,045,351,000 after acquiring an additional 1,333,740 shares during the period.  Deutsche Bank AG increased its stake in shares of  Pfizer by 7.0% in the 1st quarter. Deutsche Bank AG now owns 28,239,197 shares of the biopharmaceutical company's stock valued at $715,581,000 after purchasing an additional 1,846,436 shares in the last quarter.  Finally, Goldman Sachs Group Inc. increased its stake in shares of  Pfizer by 51.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 26,456,457 shares of the biopharmaceutical company's stock valued at $670,407,000 after purchasing an additional 9,041,990 shares in the last quarter. Institutional investors and hedge funds own  68.36% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>PFE has been the topic of several research analyst reports. Wolfe Research raised their price objective on Pfizer from $22.00 to $23.00 and gave the company an &#34;underperform&#34; rating in a report on Wednesday, April 30th. Cantor Fitzgerald initiated coverage on Pfizer in a research report on Tuesday, April 22nd. They set a &#34;neutral&#34; rating and a $24.00 target price on the stock. Bank of America upped their price objective on shares of Pfizer from $27.00 to $28.00 and gave the stock a &#34;neutral&#34; rating in a research report on Wednesday. Berenberg Bank dropped their target price on shares of Pfizer from $28.00 to $25.00 and set a &#34;hold&#34; rating on the stock in a research report on Thursday, May 29th. Finally, TD Cowen reduced their price target on shares of Pfizer from $32.00 to $28.00 and set a &#34;hold&#34; rating for the company in a research report on Tuesday, April 22nd. One analyst  has rated the stock with a sell rating, eleven have assigned  a hold rating, five have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Pfizer presently has an average rating of &#34;Hold&#34; and an average target price of $28.12.</p><ul><li>Top 5 Undervalued Dividend Stocks With Strong Payout Potential</li></ul><p><b>Get Our Latest Report on PFE</b></p><h2>Pfizer Trading Up 1.4%</h2><p>Shares of PFE stock opened at $24.57 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 0.65. Pfizer Inc. has a twelve month low of $20.92 and a twelve month high of $30.43. The company's 50-day moving average price is $24.44 and its 200-day moving average price is $24.50. The stock has a market cap of $139.69 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 0.87 and a beta of 0.52. </p><ul><li>Pfizer's 7.5% Dividend: Income Haven or House of Cards?</li></ul><p>Pfizer (NYSE:PFE - Get Free Report) last issued its earnings results on Tuesday, August 5th. The biopharmaceutical company reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.20. The company had revenue of $14.65 billion for the quarter, compared to the consensus estimate of $13.43 billion. Pfizer had a net margin of 16.84% and a return on equity of 21.42%. Pfizer's quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 earnings per share.  As a group, equities analysts predict that  Pfizer Inc. will post 2.95 earnings per share for the current year. </p><h2>Pfizer Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, July 25th will be issued a dividend of $0.43 per share. The ex-dividend date is Friday, July 25th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.0%. Pfizer's dividend payout ratio  is currently 91.49%. </p><h2>Pfizer Company Profile</h2> (Free Report)<p>Pfizer Inc discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States, Europe, and internationally. The company offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic, migraine, and women's health under the Eliquis, Nurtec ODT/Vydura, Zavzpret, and the Premarin family brands; infectious diseases with unmet medical needs under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and COVID-19 prevention and treatment, and potential future mRNA and antiviral products under the Comirnaty and Paxlovid brands.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Pfizer</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Airbnb Beats Earnings, But the Growth Story Is Losing Altitude</li><li>What Does Downgrade Mean in Investing?</li><li>Netflix Bulls vs. Bears: Who Wins This Pullback?</li><li>There Are Different Types of Stock To Invest In</li><li>Viasat: Why a Wall of Cash Has Shorts Running for Cover</li></ul><p><strong>Want to see what other hedge funds are holding PFE?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pfizer Inc. (NYSE:PFE - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBGRQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBGRQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Pfizer Right Now?</h2><p>Before you consider Pfizer, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pfizer wasn't on the list.</p><p>While Pfizer currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>MUFG Securities EMEA plc has reduced its holdings in Pfizer Inc. (NYSE:PFE) by 54.6% in Q1, now owning 395,999 shares valued at $10,035,000. Other institutional investors, including Vanguard and Goldman Sachs, have also adjusted their positions in Pfizer. Analysts have varied ratings on the stock, with an average target price of $28.12. Pfizer's stock opened at $24.57, with a market cap of $139.69 billion and a recent EPS of $0.78, exceeding estimates.</p>

- MUFG Securities EMEA plc reduced its Pfizer Inc. holdings by 54.6%, owning 395,999 shares after selling 476,100 shares in Q1.  
- Other institutional investors, including Vanguard and Goldman Sachs, increased their stakes in Pfizer, with the company currently having a market cap of $139.69 billion.  
- Pfizer reported a quarterly EPS of $0.78, exceeding estimates, and declared a dividend of $0.43 per share, reflecting a 7.0% yield.

MUFG Securities EMEA plc Trims Holdings in Pfizer Inc. (NYSE:PFE)