First Pacific Advisors Has Lowered Its Western Digital Corp. (WDC) Stake as Stock Price Rose; Pfizer Com (PFE) Market Value Declined While Atlas Browninc Has Boosted by $482,055 Its Position

February 15, 2018 - By Peter Erickson

Atlas Browninc increased its stake in Pfizer Inc Com (PFE) by 39.54% based on its latest 2017Q3 regulatory filing with the SEC. Atlas Browninc bought 13,773 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 48,610 shares of the health care company at the end of 2017Q3, valued at $1.74 million, up from 34,837 at the end of the previous reported quarter. Atlas Browninc who had been investing in Pfizer Inc Com for a number of months, seems to be bullish on the $209.76B market cap company. The stock increased 0.72% or $0.25 during the last trading session, reaching $35.19. About 23.24M shares traded or 12.18% up from the average. Pfizer Inc. (NYSE:PFE) has declined 2.76% since February 15, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.

Robert Rodriguez decreased its stake in Western Digital Corp. (WDC) by 13.37% based on its latest 2017Q3 regulatory filing with the SEC. First Pacific Advisors Llc sold 117,910 shares as the company’s stock rose 15.69% with the market. The hedge fund run by Robert Rodriguez held 764,090 shares of the electronic components company at the end of 2017Q3, valued at $66.02M, down from 882,000 at the end of the previous reported quarter. First Pacific Advisors Llc who had been investing in Western Digital Corp. for a number of months, seems to be less bullish one the $24.80B market cap company. The stock increased 0.43% or $0.36 during the last trading session, reaching $83.33. About 3.27M shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 125.85% since February 15, 2017 and is uptrending. It has outperformed by 109.15% the S&P500.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It improved, as 53 investors sold PFE shares while 700 reduced holdings. 106 funds opened positions while 620 raised stakes. 4.06 billion shares or 0.86% more from 4.02 billion shares in 2017Q2 were reported. Troy Asset Management invested 0.05% of its portfolio in Pfizer Inc. (NYSE:PFE). 133,674 are held by Strategic Finance Services. Berson Corrado Invest Advsrs Ltd Llc holds 38,229 shares or 0.77% of its portfolio. Td Asset has invested 0.41% in Pfizer Inc. (NYSE:PFE). Tru Of Virginia Va owns 68,803 shares. Boston Advsrs Ltd Liability Company reported 451,522 shares or 0.36% of all its holdings. Moreover, Seaward Mgmt Ltd Partnership has 1.97% invested in Pfizer Inc. (NYSE:PFE). First City owns 90,873 shares or 2.27% of their US portfolio. Partnervest Advisory Services Limited Liability has 0.36% invested in Pfizer Inc. (NYSE:PFE) for 20,514 shares. Hexavest invested 2.97% of its portfolio in Pfizer Inc. (NYSE:PFE). Intersect Limited Liability Corporation accumulated 1.12% or 55,461 shares. Penobscot Investment Mngmt has 0.95% invested in Pfizer Inc. (NYSE:PFE) for 88,718 shares. Cambridge Rech Advsrs accumulated 815,935 shares. Weatherly Asset Management Lp holds 36,064 shares or 0.34% of its portfolio. California-based One Mngmt Ltd has invested 0.68% in Pfizer Inc. (NYSE:PFE).

Among 22 analysts covering Pfizer (NYSE:PFE), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Pfizer had 74 analyst reports since July 29, 2015 according to SRatingsIntel. On Monday, June 20 the stock rating was maintained by Jefferies with “Buy”. The stock of Pfizer Inc. (NYSE:PFE) earned “Overweight” rating by JP Morgan on Thursday, April 7. The firm earned “Overweight” rating on Friday, August 28 by Piper Jaffray. The firm earned “Buy” rating on Thursday, April 7 by Jefferies. The firm has “Neutral” rating by Guggenheim given on Friday, December 2. On Tuesday, September 5 the stock rating was maintained by BMO Capital Markets with “Buy”. Morgan Stanley maintained Pfizer Inc. (NYSE:PFE) rating on Wednesday, January 31. Morgan Stanley has “Overweight” rating and $43 target. The firm has “Overweight” rating by Barclays Capital given on Tuesday, November 29. The stock of Pfizer Inc. (NYSE:PFE) has “Neutral” rating given on Friday, March 24 by Societe Generale. The rating was maintained by Piper Jaffray with “Buy” on Friday, August 14.

Since August 21, 2017, it had 0 insider buys, and 8 insider sales for $12.56 million activity. Shares for $263,693 were sold by OLSON LAURIE J. SUSMAN SALLY sold $1.34 million worth of stock or 38,230 shares. DAMELIO FRANK A sold $3.21M worth of stock or 94,409 shares. JOHNSON RADY A also sold $296,560 worth of Pfizer Inc. (NYSE:PFE) shares. READ IAN C also sold $6.70 million worth of Pfizer Inc. (NYSE:PFE) shares.

Investors sentiment is 1.12 in Q3 2017. Its the same as in 2017Q2. It is the same, as 65 investors sold WDC shares while 212 reduced holdings. only 69 funds opened positions while 240 raised stakes. 240.32 million shares or 2.88% more from 233.59 million shares in 2017Q2 were reported. Ls Inv Advisors Ltd holds 0.06% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 10,879 shares. Sprott accumulated 2.41% or 108,500 shares. Davenport And Ltd Com stated it has 0% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Freshford Cap Management Ltd Co invested in 93,248 shares or 1.67% of the stock. Wellington Mngmt Group Inc Llp reported 0.01% in Western Digital Corporation (NASDAQ:WDC). Lenox Wealth Mgmt, Ohio-based fund reported 134 shares. Alliancebernstein LP invested in 483,163 shares. Moreover, Regentatlantic Ltd Llc has 0.29% invested in Western Digital Corporation (NASDAQ:WDC) for 38,728 shares. The New York-based Wellington Shields Mgmt Llc has invested 0.15% in Western Digital Corporation (NASDAQ:WDC). 176,194 were reported by Mackenzie. Fund invested 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Capital Growth Management LP reported 285,000 shares. Fort Washington Investment Advsr Inc Oh holds 0.08% or 60,372 shares in its portfolio. S&T Comml Bank Pa, Pennsylvania-based fund reported 179,800 shares. First Natl Bank Of Omaha stated it has 0.21% in Western Digital Corporation (NASDAQ:WDC).

Among 36 analysts covering Western Digital (NASDAQ:WDC), 24 have Buy rating, 1 Sell and 11 Hold. Therefore 67% are positive. Western Digital had 157 analyst reports since July 23, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, August 16 report. The firm has “Overweight” rating given on Wednesday, May 25 by Barclays Capital. The company was maintained on Friday, August 4 by RBC Capital Markets. The firm has “Overweight” rating by JP Morgan given on Tuesday, April 11. Mizuho maintained the shares of WDC in report on Sunday, June 4 with “Buy” rating. The company was reinitiated on Wednesday, June 15 by JP Morgan. The firm earned “Neutral” rating on Friday, April 29 by Robert W. Baird. The stock has “Buy” rating by Maxim Group on Friday, October 27. The rating was maintained by Mizuho with “Buy” on Thursday, January 26. The stock has “Buy” rating by Maxim Group on Wednesday, June 21.

First Pacific Advisors Llc, which manages about $28.26B and $13.02B US Long portfolio, upped its stake in Citigroup Inc (NYSE:C) by 8.16M shares to 8.16 million shares, valued at $593.27 million in 2017Q3, according to the filing. It also increased its holding in Interdigital Inc (NASDAQ:IDCC) by 17,473 shares in the quarter, for a total of 397,850 shares, and has risen its stake in Patterson (NASDAQ:PTEN).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Peter Erickson

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: