Motco Lowered Holding in Philip Morris International INC (PM) by $7.96 Million

Philip Morris International Inc

Suffolk Capital Management LLC bought a new position in Philip Morris International in the 2nd quarter valued at about $12,928,000. The average volume for the existing shares outstanding is 3872.11. It is down 13.48% since October 14, 2016 and is uptrending.

(NYSE:PM). Columbia Prtn L L C Invest owns 0.92% invested in Philip Morris International Inc. USA Mutuals Advisors Inc. now owns 102,500 shares of the company's stock valued at $11,572,000 after acquiring an additional 2,500 shares in the last quarter. Vantage Investment Advisors LLC now owns 1,033 shares of the company's stock valued at $121,000 after purchasing an additional 10 shares during the last quarter. The stock increased 0.31% or $0.35 during the last trading session, reaching $114.53. Alliancebernstein Lp acquired 2.14M shares as Philip Morris Intl Inc (PM)'s stock rose 10.69%.

10/10/2017 - Philip Morris International Inc had its "outperform" rating reiterated by analysts at Wells Fargo. (NYSE:PM) has risen 16.65% since October 14, 2016 and is uptrending.

Based on the latest notes released to investors, 2 analysts have issued a rating of "buy", 7 analysts "outperform", 10 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Analysts forecast that Philip Morris International Inc will post $4.84 EPS for the current fiscal year.

PM has been the subject of a number of research reports. Sigma Inv Counselors has 1,762 shares for 0.03% of their portfolio. The company reported $1.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.23 by ($0.09). It also reduced its holding in Altria Group Inc Com (NYSE:MO) by 12,404 shares in the quarter, leaving it with 491,028 shares, and cut its stake in Nvidia Corp (NASDAQ:NVDA). Three equity analysts rating the company a strong buy, five firms rating the stock a buy, 8 firms rating the stock a hold, two analysts rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $99.95. Therefore 14% are positive. Sales for the past 5 years for Philip Morris International Inc.is -3.00%. (NYSE:PM) rating on Monday, July 17.

More notable recent Philip Morris International Inc. The company was maintained on Tuesday, September 26 by Jefferies. The stock has "Neutral" rating by Bank of America on Wednesday, January 4. (NYSE:PM) earned "Buy" rating by Piper Jaffray on Friday, August 18. (NYSE:PM) has "Buy" rating given on Monday, July 17 by Stifel Nicolaus. As per Friday, August 11, the company rating was upgraded by SBG Securities. RBC Capital Markets maintained Oneok Partners LP (NYSE:OKS) rating on Monday, May 15. The stock has "Hold" rating by Jefferies on Thursday, October 12.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.31, from 1.13 in 2017Q1. Asml Holding N V (NASDAQ:ASML) was reduced too. 38 funds opened positions while 70 raised stakes. (NYSE:PM). Alesco Advisors Lc holds 0.02% or 2,553 shares. TheStreet upgraded shares of Philip Morris International from a c+ rating to a b- rating in a report on Thursday, July 20th. Robeco Institutional Asset Mngmt Bv has 938,351 shares. Dsam Ptnrs (London) accumulated 311,554 shares. Tru Of Virginia Va holds 24,857 shares. Clark Estates New York holds 0.33% or 16,550 shares in its portfolio.

For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments. Investors of record on Wednesday, September 27th were given a dividend of $1.07 per share. Finally, Acropolis Investment Management LLC increased its stake in Philip Morris International by 0.5% in the second quarter. (NYSE:PM). Rmsincerbeaux Cap Mngmt Lc reported 12,150 shares.

While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term. Ontario - Canada-based 1832 Asset Management Ltd Partnership has invested 0% in Philip Morris International Inc. (NYSE:PM) to report earnings on October, 19 before the open. Airain Limited stated it has 20,517 shares or 0.04% of all its holdings. Guidant Wealth Advisors now owns 939 shares of the company's stock valued at $110,000 after purchasing an additional 191 shares during the last quarter. (NASDAQ:PLAB) earned "Buy" rating by Suntrust Robinson on Thursday, October 1. Therefore 75% are positive. The company was maintained on Thursday, September 14 by Stifel Nicolaus. The stock now has a consensus rating of "Buy" and an average price target of $125.92. As per Monday, October 3, the company rating was maintained by Goldman Sachs. Keefe Bruyette & Woods maintained Assured Guaranty Ltd. (NYSE:AGO) rating on Friday, June 9.

Among 23 analysts covering Acacia Mining Plc (LON:ACA), 9 have Buy rating, 7 Sell and 7 Hold. Deutsche Bank maintained it with "Buy" rating and GBX 500 target in Monday, July 18 report. Needham maintained Photronics, Inc. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. As per Friday, January 22, the company rating was downgraded by Oppenheimer. Jefferies has "Hold" rating and $96 target.

Since June 1, 2017, it had 0 insider buys, and 1 insider sale for $40,200 activity. MTSI's profit will be $19.90 million for 33.54 P/E if the $0.31 EPS becomes a reality.

Related:

Comments

Latest news

'Last Hope': Sushma Swaraj Helps Pakistani Citizens Again
Swaraj was quoted by ANI : "I was made the EAM in May 2014 and now Nirmala Sitharaman is the Defence Minister". Rahul had said, adding, "In the Congress , you will see women at every level in the organisation".

VS Preview : Spurs vs Bournemouth
Ironically though, the biggest rivalry games usually have a reduced capacity at Wembley due to concerns about fan safety. Of course these wins were at White Hart lane.

Somalia: At least 20 dead in Mogadishu blast
A massive bomb attack in a busy area of the Somali capital Mogadishu has killed at least 20 people, police say. The blast apparently targeted a local hotel, he added. "We are still busy transporting casualties", he added.

Wedbush Securities Inc. Increases Holdings in Colgate-Palmolive Company (CL)
The institutional investor owned 21,062 shares of the company's stock after buying an additional 1,431 shares during the quarter. Following the sale, the vice president now directly owns 73,904 shares in the company, valued at approximately $5,466,678.88.

Gunmen attack Kenyan school, killing six children
The injured were rushed to Lopiding Sub County Hospital for treatment, while others were referred to Kakuma Mission Hospital. President Kenyatta has gone on to demand of the police, the perpetrators of the attack be brought to justice.

Other news