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TCW Group trims Pfizer holding after selling 43,819 shares

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Sig1.85Sen-0.95Env0.00Soc0.00Gov0.00

TCW Group reduced its Pfizer stake by selling 43,819 shares during the quarter, leaving it with 2,669,765 shares. HFM Investment Advisors bought more shares, while Abound Financial added a new position worth about $31,000. Pfizer reported Q2 EPS of $0.77, above consensus, but dividend payout ratio stands at 226.32%, and several analysts cut price targets to around $28.

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