Citizens Financial Group Inc. RI Has $8.80 Million Holdings in Pfizer Inc. $PFE

Citizens Financial Group Inc. RI trimmed its position in Pfizer Inc. (NYSE:PFEFree Report) by 5.9% in the third quarter, HoldingsChannel.com reports. The firm owned 345,509 shares of the biopharmaceutical company’s stock after selling 21,826 shares during the period. Citizens Financial Group Inc. RI’s holdings in Pfizer were worth $8,804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Curio Wealth LLC lifted its holdings in shares of Pfizer by 36,600.0% during the 2nd quarter. Curio Wealth LLC now owns 1,101 shares of the biopharmaceutical company’s stock worth $27,000 after acquiring an additional 1,098 shares during the period. Harbor Asset Planning Inc. acquired a new position in Pfizer in the second quarter worth about $29,000. Howard Hughes Medical Institute acquired a new stake in Pfizer during the second quarter valued at approximately $30,000. Darwin Wealth Management LLC bought a new stake in shares of Pfizer in the 2nd quarter valued at approximately $32,000. Finally, Evelyn Partners Asset Management Ltd bought a new stake in shares of Pfizer in the 2nd quarter valued at approximately $33,000. Institutional investors and hedge funds own 68.36% of the company’s stock.

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Wall Street Analyst Weigh In

PFE has been the topic of several recent analyst reports. Scotiabank started coverage on Pfizer in a research note on Thursday, November 13th. They issued a “sector outperform” rating and a $30.00 price target on the stock. Bank of America reduced their target price on shares of Pfizer from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Monday, December 15th. Citigroup initiated coverage on shares of Pfizer in a research report on Tuesday, December 2nd. They set a “neutral” rating and a $26.00 target price for the company. Wolfe Research set a $24.00 price target on shares of Pfizer and gave the company an “underperform” rating in a report on Wednesday, December 17th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $26.00 price objective on shares of Pfizer in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Pfizer presently has a consensus rating of “Hold” and a consensus target price of $27.88.

View Our Latest Stock Analysis on Pfizer

Pfizer Stock Down 0.8%

Shares of NYSE:PFE opened at $25.28 on Tuesday. The company has a quick ratio of 0.97, a current ratio of 1.28 and a debt-to-equity ratio of 0.62. The firm has a market cap of $143.71 billion, a P/E ratio of 14.69 and a beta of 0.47. Pfizer Inc. has a 12 month low of $20.92 and a 12 month high of $27.69. The company’s 50-day moving average price is $25.28 and its two-hundred day moving average price is $24.97.

Pfizer (NYSE:PFEGet Free Report) last announced its earnings results on Tuesday, November 4th. The biopharmaceutical company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.08. Pfizer had a net margin of 15.65% and a return on equity of 20.17%. The company had revenue of $16.65 billion during the quarter, compared to the consensus estimate of $16.94 billion. Pfizer has set its FY 2025 guidance at 3.000-3.150 EPS. As a group, research analysts forecast that Pfizer Inc. will post 2.95 EPS for the current fiscal year.

Pfizer Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Friday, January 23rd will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, January 23rd. Pfizer’s dividend payout ratio (DPR) is presently 100.00%.

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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