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Sectoral Asset Management Position in Pfizer (PFE) Has Lowered by $2.30 Million as Valuation Declined; As Merck & Co (MRK) Stock Value Rose, Calamos Advisors Cut Position

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Calamos Advisors Llc decreased its stake in Merck & Co (MRK) by 6.43% based on its latest 2018Q1 regulatory filing with the SEC. Calamos Advisors Llc sold 61,279 shares as the company’s stock rose 5.40% while stock markets declined. The institutional investor held 891,642 shares of the health care company at the end of 2018Q1, valued at $48.57M, down from 952,921 at the end of the previous reported quarter. Calamos Advisors Llc who had been investing in Merck & Co for a number of months, seems to be less bullish one the $164.19 billion market cap company. The stock increased 0.07% or $0.04 during the last trading session, reaching $61.03. About 10.02M shares traded. Merck & Co., Inc. (NYSE:MRK) has declined 9.15% since June 20, 2017 and is downtrending. It has underperformed by 21.72% the S&P500. Some Historical MRK News: 16/04/2018 – IN CHECKMATE -141, OPDIVO (NIVOLUMAB) DEMONSTRATED SUSTAINED OVERALL SURVIVAL (OS) ADVANTAGE OVER STANDARD OF CARE IN PATIENTS WITH RECURRENT OR METASTATIC SQUAMOUS CELL CARCINOMA OF THE HEAD AND…; 07/03/2018 – Merck KGaA: Evobrutinib Study Looked at Multiple Sclerosis; 02/04/2018 – MYRIAD GENETICS INC – ASTRAZENECA AND MERCK ARE SEEKING APPROVAL OF LYNPARZA IN JAPAN FOR TREATING PATIENTS WITH BRCA-MUTATED METASTATIC BREAST CANCER; 13/03/2018 – MERCK & CO INC – SBLA FOR KEYTRUDA IS BASED IN PART ON DATA FROM PHASE 2 KEYNOTE-158 TRIAL; 09/04/2018 – CANADA OKS TECENTRIQ FOR METASTATIC NON-SMALL CELL LUNG CANCER; 07/05/2018 – Roche: FDA Grants Priority Review for Tecentriq in Lung Cancer Treatment; 22/05/2018 – MERCK MRK.N SETS QUARTERLY DIVIDEND OF $0.48/SHR; 21/05/2018 – Congo begins giving experimental Ebola vaccine to medics; 20/05/2018 – Congo to begin Ebola vaccinations on Monday; 23/05/2018 – MERCK & CO – BASED ON AN INTERIM ANALYSIS TREATMENT WITH KEYTRUDA IN COMBINATION WITH CHEMOTHERAPY RESULTED IN LONGER OS & PFS THAN CHEMOTHERAPY ALONE

Jerome Pfund decreased its stake in Pfizer Inc (PFE) by 7.56% based on its latest 2018Q1 regulatory filing with the SEC. Sectoral Asset Management Inc sold 65,800 shares as the company’s stock declined 3.80% with the market. The hedge fund run by Jerome Pfund held 804,274 shares of the health care company at the end of 2018Q1, valued at $28.54M, down from 870,074 at the end of the previous reported quarter. Sectoral Asset Management Inc who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $211.87 billion market cap company. The stock increased 0.17% or $0.06 during the last trading session, reaching $36.22. About 17.54 million shares traded. Pfizer Inc. (NYSE:PFE) has risen 10.95% since June 20, 2017 and is uptrending. It has underperformed by 1.62% the S&P500. Some Historical PFE News: 03/04/2018 – PFIZER INC PFE.N SAYS AGREEMENT AIMS TO ACCELERATE THE DEVELOPMENT OF PFIZER’S CAR T CELL THERAPY; 30/05/2018 – PFIZER ANNOUNCES U.S. FDA APPROVES XELJANZ® (TOFACITINIB) FOR THE TREATMENT OF MODERATELY TO SEVERELY ACTIVE ULCERATIVE COLITIS; 08/05/2018 – XTALPI IN PACT WITH PFIZER FOR AI-POWERED MOLECULAR MODELING; 15/05/2018 – Rexahn Phase 2a Combination Study of RX-3117 and Abraxane in First-line Metastatic Pancreatic Cancer Patients Advances to Second Stage; 09/05/2018 – PFIZER SAYS EPIPEN PRODUCT REMAINS AVAILABLE; 20/04/2018 – P&G’s vitamin boost could signal more to come; 19/03/2018 – PFIZER SAYS FDA GRANTS PRIORITY REVIEW FOR SNDA FOR XTANDI; 30/05/2018 – PFIZER: U.S. FDA OKS XELJANZ® (TOFACITINIB) FOR TREATMENT OF; 30/03/2018 – Big deal – $ALNY -8.3% Don’t miss Watch out Alnylam/Ionis: Pfizer’s positive PhIII tafamidis data makes drug a new rival @BrittanyMeiling; 01/05/2018 – Pfizer blames sales miss on `customer buying patterns’

Analysts await Pfizer Inc. (NYSE:PFE) to report earnings on August, 7. They expect $0.75 earnings per share, up 11.94% or $0.08 from last year’s $0.67 per share. PFE’s profit will be $4.39B for 12.07 P/E if the $0.75 EPS becomes a reality. After $0.77 actual earnings per share reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -2.60% negative EPS growth.

Sectoral Asset Management Inc, which manages about $3.30 billion and $912.06M US Long portfolio, upped its stake in Exact Sciences Corp (NASDAQ:EXAS) by 381,599 shares to 574,049 shares, valued at $23.15 million in 2018Q1, according to the filing. It also increased its holding in Sarepta Therapeutics (NASDAQ:SRPT) by 88,699 shares in the quarter, for a total of 327,698 shares, and has risen its stake in Hill (NYSE:HRC).

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.17, from 1.06 in 2017Q4. It turned negative, as 70 investors sold PFE shares while 718 reduced holdings. 104 funds opened positions while 595 raised stakes. 4.01 billion shares or 1.39% less from 4.07 billion shares in 2017Q4 were reported. Hoertkorn Richard Charles reported 27,125 shares. 32,000 were reported by Fuller And Thaler Asset Mgmt Inc. Cibc Asset Management Inc holds 0.13% or 574,556 shares. Taurus Asset Ltd has 1.93% invested in Pfizer Inc. (NYSE:PFE) for 362,434 shares. Evercore Wealth Mgmt Limited Com reported 183,794 shares. Wedge Mgmt L LP Nc has 978,657 shares. Goldman Sachs Gp Inc invested in 49.59M shares or 0.45% of the stock. Warren Averett Asset Ltd Co owns 29,571 shares. General American Co invested in 380,808 shares. Tru Advisors Ltd Llc invested 0.18% in Pfizer Inc. (NYSE:PFE). Barbara Oil holds 3.63% or 157,488 shares. Old Republic Corporation holds 1.88% or 1.78M shares in its portfolio. Lincluden Management Ltd, a Ontario – Canada-based fund reported 209,673 shares. Annex Advisory Serv Limited Liability stated it has 42,227 shares. Segment Wealth Limited Liability Corporation reported 1.24% in Pfizer Inc. (NYSE:PFE).

More important recent Pfizer Inc. (NYSE:PFE) news were published by: Bizjournals.com which released: “In quest to leapfrog Pfizer, Peninsula vaccine company gets $85 million injection” on June 07, 2018, also Seekingalpha.com published article titled: “Breaking Down Barriers: BiOasis Technologies Promises Breakthrough Brain Drug Delivery”, Fool.com published: “Better Buy: Pfizer Inc. vs. Johnson & Johnson” on June 17, 2018. More interesting news about Pfizer Inc. (NYSE:PFE) was released by: Seekingalpha.com and their article: “Pfizer – Still A Hold For The Dividend” with publication date: June 08, 2018.

Among 23 analysts covering Pfizer (NYSE:PFE), 10 have Buy rating, 1 Sell and 12 Hold. Therefore 43% are positive. Pfizer has $54.0 highest and $33.0 lowest target. $40.14’s average target is 10.82% above currents $36.22 stock price. Pfizer had 80 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Pfizer Inc. (NYSE:PFE) has “Equal-Weight” rating given on Thursday, April 5 by Barclays Capital. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, October 31 report. Morgan Stanley upgraded the shares of PFE in report on Friday, October 2 to “Overweight” rating. As per Sunday, January 28, the company rating was maintained by SunTrust. Cantor Fitzgerald initiated the shares of PFE in report on Thursday, June 7 with “Buy” rating. Berenberg initiated Pfizer Inc. (NYSE:PFE) on Thursday, May 12 with “Hold” rating. Morgan Stanley upgraded the shares of PFE in report on Wednesday, September 20 to “Overweight” rating. JP Morgan reinitiated it with “Overweight” rating and $38 target in Thursday, April 7 report. Jefferies maintained the shares of PFE in report on Thursday, July 13 with “Hold” rating. As per Friday, August 14, the company rating was maintained by Piper Jaffray.

Since February 24, 2018, it had 0 insider buys, and 13 insider sales for $18.09 million activity. LUND-JURGENSEN KIRSTEN sold $353,677 worth of stock or 9,510 shares. On Tuesday, March 6 HILL CHARLES H sold $1.52M worth of Pfizer Inc. (NYSE:PFE) or 42,393 shares. JOHNSON RADY A also sold $998,666 worth of Pfizer Inc. (NYSE:PFE) shares. $692,582 worth of Pfizer Inc. (NYSE:PFE) shares were sold by OLSON LAURIE J. $1.84 million worth of Pfizer Inc. (NYSE:PFE) was sold by LANKLER DOUGLAS M. Another trade for 5,223 shares valued at $190,117 was sold by CORNWELL W DON.

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 21 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Merck & Co. Inc. has $7400 highest and $50 lowest target. $66.95’s average target is 9.70% above currents $61.03 stock price. Merck & Co. Inc. had 90 analyst reports since August 13, 2015 according to SRatingsIntel. On Friday, August 19 the stock rating was maintained by UBS with “Buy”. The rating was initiated by Societe Generale with “Hold” on Wednesday, September 30. Jefferies maintained the shares of MRK in report on Thursday, November 16 with “Hold” rating. The rating was upgraded by DZ Bank on Tuesday, February 13 to “Buy”. The firm has “Buy” rating by Bank of America given on Tuesday, April 17. On Thursday, October 13 the stock rating was upgraded by Bank of America to “Buy”. The stock of Merck & Co., Inc. (NYSE:MRK) has “Hold” rating given on Tuesday, October 31 by Jefferies. The rating was maintained by UBS with “Buy” on Monday, July 31. Bernstein maintained the shares of MRK in report on Wednesday, November 15 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Sell” on Tuesday, July 4.

More recent Merck & Co., Inc. (NYSE:MRK) news were published by: Streetinsider.com which released: “Merck (MRK) Says FDA Granted Priority Review to its sBLA for GARDASIL9 in Women and Men Ages 27 to 45 for …” on June 13, 2018. Also Seekingalpha.com published the news titled: “Alzheimer’s Disease: A History Of Drug Failures” on June 19, 2018. Fool.com‘s news article titled: “Better Buy: Celgene Corporation vs. Merck” with publication date: June 19, 2018 was also an interesting one.

Calamos Advisors Llc, which manages about $26.54 billion and $15.37 billion US Long portfolio, upped its stake in Mastercard Inc (NYSE:MA) by 42,986 shares to 423,353 shares, valued at $74.16 million in 2018Q1, according to the filing. It also increased its holding in Chubb Ltd by 61,098 shares in the quarter, for a total of 194,366 shares, and has risen its stake in Zions Bancorporation (NASDAQ:ZION).

Analysts await Merck & Co., Inc. (NYSE:MRK) to report earnings on July, 27. They expect $1.04 EPS, up 2.97% or $0.03 from last year’s $1.01 per share. MRK’s profit will be $2.80 billion for 14.67 P/E if the $1.04 EPS becomes a reality. After $1.05 actual EPS reported by Merck & Co., Inc. for the previous quarter, Wall Street now forecasts -0.95% negative EPS growth.

Investors sentiment increased to 1 in 2018 Q1. Its up 0.06, from 0.94 in 2017Q4. It increased, as 72 investors sold MRK shares while 603 reduced holdings. 114 funds opened positions while 561 raised stakes. 1.91 billion shares or 1.08% less from 1.93 billion shares in 2017Q4 were reported. Keating Investment Counselors holds 2.77% or 110,251 shares in its portfolio. Beach Invest Counsel Pa holds 0.45% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 79,029 shares. 7,396 are held by Hourglass Lc. Fil Limited, a Bermuda-based fund reported 1.46 million shares. Aristotle Mngmt Limited Liability Co reported 113 shares or 0% of all its holdings. Broadfin Limited Co, New York-based fund reported 130,900 shares. Ashford Cap, Delaware-based fund reported 3,800 shares. Old National National Bank & Trust In has 89,216 shares. Bb&T Secs Ltd Llc reported 1.29M shares. Stearns Svcs, a North Carolina-based fund reported 5,873 shares. 10 invested in 140,544 shares or 1.82% of the stock. Sageworth holds 206 shares or 0% of its portfolio. Boys Arnold Co reported 58,892 shares or 0.5% of all its holdings. Argent Trust invested in 74,865 shares. Berkshire Asset Management Lc Pa reported 234,685 shares.

Merck & Co., Inc. (NYSE:MRK) Institutional Positions Chart

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