Cornerstone Investment Partners Has Upped Stake in Pfizer (PFE) by $3.93 Million; Litespeed Management Has Trimmed Hain Celestial Group (HAIN) Holding by $4.91 Million

April 20, 2018 - By Winifred Garcia

Pfizer Inc. (NYSE:PFE) Logo

Jamie Zimmerman decreased its stake in Hain Celestial Group Inc. (HAIN) by 14.96% based on its latest 2017Q4 regulatory filing with the SEC. Litespeed Management Llc sold 117,000 shares as the company’s stock declined 23.03% with the market. The hedge fund run by Jamie Zimmerman held 665,282 shares of the consumer non-durables company at the end of 2017Q4, valued at $28.20M, down from 782,282 at the end of the previous reported quarter. Litespeed Management Llc who had been investing in Hain Celestial Group Inc. for a number of months, seems to be less bullish one the $3.16B market cap company. The stock decreased 3.56% or $1.12 during the last trading session, reaching $30.37. About 870,804 shares traded. The Hain Celestial Group, Inc. (NASDAQ:HAIN) has declined 14.00% since April 20, 2017 and is downtrending. It has underperformed by 25.55% the S&P500.

Cornerstone Investment Partners Llc increased its stake in Pfizer Inc. (PFE) by 3.57% based on its latest 2017Q4 regulatory filing with the SEC. Cornerstone Investment Partners Llc bought 109,184 shares as the company’s stock declined 3.13% with the market. The institutional investor held 3.17M shares of the health care company at the end of 2017Q4, valued at $114.83 million, up from 3.06 million at the end of the previous reported quarter. Cornerstone Investment Partners Llc who had been investing in Pfizer Inc. for a number of months, seems to be bullish on the $217.30 billion market cap company. The stock increased 0.11% or $0.04 during the last trading session, reaching $36.53. About 15.78 million shares traded. Pfizer Inc. (NYSE:PFE) has risen 2.43% since April 20, 2017 and is uptrending. It has underperformed by 9.12% the S&P500.

Among 22 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 12 Hold. Therefore 41% are positive. Pfizer had 78 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, October 28 by S&P Research. The stock of Pfizer Inc. (NYSE:PFE) earned “Hold” rating by BMO Capital Markets on Friday, April 28. The stock of Pfizer Inc. (NYSE:PFE) earned “Hold” rating by Jefferies on Monday, October 16. Deutsche Bank maintained it with “Buy” rating and $43 target in Wednesday, October 28 report. Morgan Stanley maintained the stock with “Neutral” rating in Friday, April 7 report. Societe Generale maintained the stock with “Neutral” rating in Friday, March 24 report. As per Friday, August 28, the company rating was maintained by Piper Jaffray. The stock of Pfizer Inc. (NYSE:PFE) has “Buy” rating given on Tuesday, November 3 by Argus Research. As per Tuesday, September 13, the company rating was maintained by Jefferies. The stock of Pfizer Inc. (NYSE:PFE) earned “Neutral” rating by SunTrust on Wednesday, November 25.

Since December 15, 2017, it had 0 buys, and 12 insider sales for $12.99 million activity. The insider JOHNSON RADY A sold 8,000 shares worth $296,560. MACKENZIE ALEXANDER R sold $249,750 worth of stock or 6,750 shares. Shares for $2.39M were sold by Dolsten Mikael. CORNWELL W DON had sold 1,758 shares worth $64,679. 50,000 shares valued at $1.84M were sold by LANKLER DOUGLAS M on Tuesday, March 13. Shares for $353,677 were sold by LUND-JURGENSEN KIRSTEN on Saturday, February 24.

Investors sentiment increased to 1.06 in Q4 2017. Its up 0.10, from 0.96 in 2017Q3. It is positive, as 51 investors sold PFE shares while 675 reduced holdings. 134 funds opened positions while 632 raised stakes. 4.07 billion shares or 0.28% more from 4.06 billion shares in 2017Q3 were reported. State Treasurer State Of Michigan has invested 0.67% in Pfizer Inc. (NYSE:PFE). Amundi Pioneer Asset Mngmt invested 1.07% of its portfolio in Pfizer Inc. (NYSE:PFE). The California-based Messner Smith Theme Value Mgmt Ltd Ca has invested 0.68% in Pfizer Inc. (NYSE:PFE). California Public Employees Retirement Systems accumulated 15.38 million shares. 367,579 are held by Kentucky Retirement. Fincl Bank Of The Ozarks owns 0.96% invested in Pfizer Inc. (NYSE:PFE) for 69,624 shares. Cheviot Value Mngmt Ltd Limited Liability Company stated it has 4.34% of its portfolio in Pfizer Inc. (NYSE:PFE). Asset Of Georgia Ga Adv holds 53,122 shares or 1.37% of its portfolio. Mutual Of America Lc reported 0.41% in Pfizer Inc. (NYSE:PFE). 13,500 were reported by Taylor Asset Incorporated. Dubuque Savings Bank And Trust Company stated it has 45,461 shares. Opus Point Partners Mgmt Ltd Liability reported 3.52% stake. Eulav Asset Management reported 94,000 shares or 0.16% of all its holdings. Bb&T accumulated 993,965 shares. Corda Mgmt Ltd Liability reported 622,462 shares or 2.7% of all its holdings.

Cornerstone Investment Partners Llc, which manages about $8.61B and $4.60 billion US Long portfolio, decreased its stake in Chevron Corp (NYSE:CVX) by 88,688 shares to 1.27 million shares, valued at $159.03M in 2017Q4, according to the filing. It also reduced its holding in Medtronic Plc (NYSE:MDT) by 75,554 shares in the quarter, leaving it with 1.26M shares, and cut its stake in Microsoft Corporation (NASDAQ:MSFT).

Since February 28, 2018, it had 1 buy, and 0 selling transactions for $49.02 million activity.

Analysts await The Hain Celestial Group, Inc. (NASDAQ:HAIN) to report earnings on June, 28. They expect $0.48 EPS, up 45.45% or $0.15 from last year’s $0.33 per share. HAIN’s profit will be $49.88 million for 15.82 P/E if the $0.48 EPS becomes a reality. After $0.41 actual EPS reported by The Hain Celestial Group, Inc. for the previous quarter, Wall Street now forecasts 17.07% EPS growth.

Among 30 analysts covering Hain Celestial Group (NASDAQ:HAIN), 11 have Buy rating, 2 Sell and 17 Hold. Therefore 37% are positive. Hain Celestial Group had 92 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained The Hain Celestial Group, Inc. (NASDAQ:HAIN) rating on Friday, July 28. Jefferies has “Buy” rating and $5200 target. The firm has “Neutral” rating by Buckingham Research given on Friday, August 26. The firm earned “Hold” rating on Tuesday, August 16 by Maxim Group. The rating was downgraded by PiperJaffray to “Underweight” on Tuesday, August 16. The firm has “Buy” rating given on Friday, June 9 by Jefferies. The firm earned “Hold” rating on Thursday, October 5 by SunTrust. As per Friday, June 23, the company rating was downgraded by J.P. Morgan. The rating was maintained by Maxim Group with “Buy” on Friday, November 6. The firm earned “Buy” rating on Thursday, August 20 by S&P Research. Jefferies maintained it with “Buy” rating and $4000 target in Tuesday, April 3 report.

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.24, from 0.87 in 2017Q3. It improved, as 41 investors sold HAIN shares while 91 reduced holdings. 45 funds opened positions while 101 raised stakes. 90.39 million shares or 0.62% less from 90.96 million shares in 2017Q3 were reported. Capital Impact Advisors Ltd Liability Com accumulated 49,304 shares or 0.9% of the stock. Clifford Swan Invest Counsel holds 0.05% in The Hain Celestial Group, Inc. (NASDAQ:HAIN) or 23,478 shares. Woodstock Corp reported 53,525 shares. Maple Cap Inc invested in 0.13% or 12,280 shares. Welch And Forbes Ltd Limited Liability Company owns 278,290 shares for 0.31% of their portfolio. Teton Advsr Incorporated invested 0.29% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Nj State Employees Deferred Compensation Plan holds 0.2% in The Hain Celestial Group, Inc. (NASDAQ:HAIN) or 27,000 shares. Moreover, Virginia Retirement Sys Et Al has 0.03% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Proxima Limited Liability holds 3.93% or 160,000 shares in its portfolio. Jane Street Grp Ltd stated it has 0.01% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN). 51,228 were reported by Guggenheim Capital Ltd Liability. Prentiss Smith holds 167,559 shares or 3.46% of its portfolio. Moreover, Frontfour has 0.29% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN). 19,727 were reported by Hgk Asset Mgmt. Coatue Mgmt Ltd Liability Com has 992,774 shares for 0.33% of their portfolio.

Litespeed Management Llc, which manages about $2.36 billion and $103.30 million US Long portfolio, upped its stake in R1 Rcm Inc. by 4.99 million shares to 5.52 million shares, valued at $24.34 million in 2017Q4, according to the filing.

Pfizer Inc. (NYSE:PFE) Institutional Positions Chart

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