Guru Jim Simons (Trades, Portfolio) is an American mathematician, hedge fund manager and philanthropist. Simons founded the hedge fund Renaissance Technologies in 1982, which he ran for 28 years before retiring at the end of 2009, though he still serves as non-executive chairman. Renaissance Technologies currently owns 3,254 stocks with a total value of $45.9 billion.
In the fourth quarter of 2015, the fund purchased 7,985,341 shares of Pfizer Inc. (PFE, Financial).
Pfizer is a research-based biopharmaceutical company that applies science and its resources to bring therapies to people that extend and improve their lives through the discovery, development and manufacture of healthcare products. Pfizer has a portfolio filled with medicines and vaccines, as well as many of the world’s unknown healthcare products.The company’s goal is to apply science and global resources to improve health and wellbeing at every stage of life for their clients.
Pfizer has a market cap of $186.39 billion, a P/E ratio of 27.16, an enterprise value of $204.94 billion, a P/B ratio of 2.90 and a quick ratio of 1.34.
Pfizer has a few good signs according to GuruFocus. The company’s operating margin is 24.19%, ranking it above 87% of companies in the Global Drug Manufacturers industry. Pfizer’s P/B ratio is close to the one-year low at 2.87. The company’s P/S ratio is 3.96, which is close to the two-year low.
Below is a Peter Lynch Chart for Pfizer Inc.
Guru Jim Simons (Trades, Portfolio) is a mathematical genius and is currently the 50th richest person in the world with an estimated net worth of $15.5 billion according to Forbes.com. I believe the fund purchased 7,985,341 shares in the fourth quarter of 2015 because the company has nearly 75 years of experience with good operating margins. Pfizer is also working on medicines and vaccines to cure dangerous diseases such as cancer and Alzheimer's.
Cheers to your investment success.
