As Pfizer (PFE) Share Value Declined, Brown Brothers Harriman & Co Decreased Position by $502,986; Hotchkis & Wiley Capital Management Has Lifted Its Position in Whiting Pete New (WLL) as Market Value Declined

December 17, 2017 - By Adrian Erickson

Hotchkis & Wiley Capital Management Llc increased its stake in Whiting Pete Corp New (WLL) by 7.97% based on its latest 2017Q2 regulatory filing with the SEC. Hotchkis & Wiley Capital Management Llc bought 1.44 million shares as the company’s stock declined 20.16% while stock markets rallied. The institutional investor held 19.52M shares of the oil & gas production company at the end of 2017Q2, valued at $107.54 million, up from 18.08M at the end of the previous reported quarter. Hotchkis & Wiley Capital Management Llc who had been investing in Whiting Pete Corp New for a number of months, seems to be bullish on the $2.03 billion market cap company. The stock decreased 0.27% or $0.06 during the last trading session, reaching $22.33. About 4.77M shares traded. Whiting Petroleum Corporation (NYSE:WLL) has declined 20.87% since December 17, 2016 and is downtrending. It has underperformed by 37.57% the S&P500.

Brown Brothers Harriman & Co decreased its stake in Pfizer Inc (PFE) by 4.44% based on its latest 2017Q2 regulatory filing with the SEC. Brown Brothers Harriman & Co sold 15,242 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 327,689 shares of the health care company at the end of 2017Q2, valued at $11.01 million, down from 342,931 at the end of the previous reported quarter. Brown Brothers Harriman & Co who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $221.74B market cap company. The stock increased 2.03% or $0.74 during the last trading session, reaching $37.2. About 37.78M shares traded or 143.32% up from the average. Pfizer Inc. (NYSE:PFE) has declined 2.76% since December 17, 2016 and is downtrending. It has underperformed by 19.46% the S&P500.

Among 40 analysts covering Whiting Petroleum Corporation (NYSE:WLL), 11 have Buy rating, 7 Sell and 22 Hold. Therefore 28% are positive. Whiting Petroleum Corporation had 129 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sell” rating by Morgan Stanley given on Tuesday, September 12. RBC Capital Markets maintained Whiting Petroleum Corporation (NYSE:WLL) on Monday, October 5 with “Outperform” rating. The rating was maintained by Iberia Capital Partners with “Sector Perform” on Monday, May 15. The firm has “Buy” rating by Citigroup given on Thursday, July 13. The stock has “Underweight” rating by Morgan Stanley on Tuesday, January 12. The firm has “Neutral” rating given on Wednesday, November 1 by JP Morgan. The company was maintained on Friday, November 10 by BMO Capital Markets. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, July 6. Barclays Capital maintained it with “Hold” rating and $10 target in Friday, April 21 report. The firm has “Underweight” rating by Morgan Stanley given on Thursday, October 26.

Investors sentiment increased to 1.51 in Q2 2017. Its up 0.52, from 0.99 in 2017Q1. It improved, as 42 investors sold WLL shares while 63 reduced holdings. 45 funds opened positions while 114 raised stakes. 290.12 million shares or 1.84% more from 284.87 million shares in 2017Q1 were reported. Bnp Paribas Arbitrage holds 0% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL) for 69,958 shares. Gabelli Funds Ltd Liability Co reported 156,700 shares. Amer Assets Invest Mngmt Ltd Liability Com stated it has 103,769 shares. Cypress Cap Llc (Wy) invested 0% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL). Kames Cap Public Ltd Com stated it has 99,499 shares. State Board Of Administration Of Florida Retirement System holds 478,028 shares. Doheny Asset Ca has invested 0.06% in Whiting Petroleum Corporation (NYSE:WLL). Geode Capital Mgmt Ltd Liability Company holds 0.01% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL) for 2.36M shares. Peak6 Invests Ltd Partnership accumulated 6,768 shares. Snow Cap Lp invested 1.48% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL). Investment Counselors Of Maryland Limited Liability Corporation reported 0.42% stake. Boothbay Fund Mngmt Limited Liability Corp invested 0.02% in Whiting Petroleum Corporation (NYSE:WLL). Quantbot Techs LP stated it has 80,998 shares. Toronto Dominion Commercial Bank reported 122 shares. Hightower Ltd Liability Company has 0% invested in Whiting Petroleum Corporation (NYSE:WLL) for 25,698 shares.

Hotchkis & Wiley Capital Management Llc, which manages about $25.96B and $24.91 billion US Long portfolio, decreased its stake in Citizens Finl Group Inc (NYSE:CFG) by 1.29 million shares to 10.07M shares, valued at $359.17 million in 2017Q2, according to the filing. It also reduced its holding in News Corp New (NASDAQ:NWSA) by 403,500 shares in the quarter, leaving it with 3.50 million shares, and cut its stake in Koninklijke Philips N V (NYSE:PHG).

Investors sentiment decreased to 0.94 in 2017 Q2. Its down 0.01, from 0.95 in 2017Q1. It dived, as 58 investors sold PFE shares while 716 reduced holdings. 112 funds opened positions while 612 raised stakes. 4.02 billion shares or 1.07% less from 4.06 billion shares in 2017Q1 were reported. First Washington Corp holds 0.08% or 5,000 shares in its portfolio. Nikko Asset Mgmt Americas accumulated 0.7% or 350,841 shares. Papp L Roy holds 22,539 shares or 0.16% of its portfolio. Bp Public Limited Liability owns 695,000 shares. Coldstream Cap Management holds 0.36% in Pfizer Inc. (NYSE:PFE) or 82,542 shares. Atalanta Sosnoff Limited Liability Com invested in 0.82% or 692,882 shares. 40,621 were accumulated by Central Commercial Bank &. Vermont-based Manchester Capital Mngmt Lc has invested 0.15% in Pfizer Inc. (NYSE:PFE). Palo Cap holds 0.6% of its portfolio in Pfizer Inc. (NYSE:PFE) for 31,378 shares. Neumann Cap Management Ltd has 0.66% invested in Pfizer Inc. (NYSE:PFE). A D Beadell Invest Counsel has 55,862 shares. Crestwood Advsr Group Lc invested in 0.06% or 19,682 shares. Cape Ann Bank owns 32,294 shares. Miller Investment Mngmt Lp owns 29,000 shares. Wisconsin-based Madison Invest Hldg Inc has invested 0.41% in Pfizer Inc. (NYSE:PFE).

Analysts await Pfizer Inc. (NYSE:PFE) to report earnings on January, 30. They expect $0.55 EPS, up 17.02% or $0.08 from last year’s $0.47 per share. PFE’s profit will be $3.28 billion for 16.91 P/E if the $0.55 EPS becomes a reality. After $0.67 actual EPS reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -17.91% negative EPS growth.

Brown Brothers Harriman & Co, which manages about $12.77 billion and $18.44B US Long portfolio, upped its stake in Fleetcor Technologies Inc (NYSE:FLT) by 2.28 million shares to 4.52M shares, valued at $651.31M in 2017Q2, according to the filing. It also increased its holding in Du Pont (E.I.) De Nemours (NYSE:DD) by 24,111 shares in the quarter, for a total of 185,370 shares, and has risen its stake in Vanguard High Dvd Yield Etf (VYM).

Among 21 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. Pfizer had 67 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Thursday, September 14. Morgan Stanley upgraded the stock to “Overweight” rating in Friday, October 2 report. The stock has “Neutral” rating by Credit Suisse on Thursday, July 20. As per Tuesday, June 14, the company rating was maintained by Jefferies. Cowen & Co maintained Pfizer Inc. (NYSE:PFE) rating on Monday, September 18. Cowen & Co has “Buy” rating and $43.0 target. The firm has “Buy” rating given on Monday, June 20 by Jefferies. The rating was maintained by BMO Capital Markets with “Hold” on Friday, April 28. The firm has “Outperform” rating given on Monday, May 9 by Credit Suisse. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, August 1. Jefferies maintained the shares of PFE in report on Thursday, August 4 with “Buy” rating.

Since August 4, 2017, it had 0 buys, and 8 insider sales for $15.81 million activity. READ IAN C had sold 96,950 shares worth $3.30M on Friday, August 4. 7,350 shares were sold by MACKENZIE ALEXANDER R, worth $249,900. On Monday, August 21 the insider OLSON LAURIE J sold $263,693. DAMELIO FRANK A also sold $3.21M worth of Pfizer Inc. (NYSE:PFE) on Thursday, August 31.

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