Philip Morris International Inc. (NYSE:PM) Position Increased by Rothschild Investment LLC

Rothschild Investment LLC raised its stake in Philip Morris International Inc. (NYSE:PM) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,265 shares of the company’s stock after buying an additional 105 shares during the period. Rothschild Investment LLC’s holdings in Philip Morris International were worth $2,078,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Wealthstream Advisors Inc. boosted its holdings in shares of Philip Morris International by 3.4% in the fourth quarter. Wealthstream Advisors Inc. now owns 2,464 shares of the company’s stock worth $297,000 after buying an additional 82 shares during the period. Crestwood Advisors Group LLC lifted its position in shares of Philip Morris International by 2.8% in the 4th quarter. Crestwood Advisors Group LLC now owns 18,723 shares of the company’s stock valued at $2,253,000 after acquiring an additional 503 shares in the last quarter. IFP Advisors Inc boosted its stake in Philip Morris International by 8.5% in the 4th quarter. IFP Advisors Inc now owns 31,955 shares of the company’s stock worth $3,846,000 after purchasing an additional 2,506 shares during the period. Cannon Wealth Management Services LLC grew its position in Philip Morris International by 7.7% during the 4th quarter. Cannon Wealth Management Services LLC now owns 1,856 shares of the company’s stock worth $242,000 after purchasing an additional 132 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV raised its stake in Philip Morris International by 1.2% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 15,987 shares of the company’s stock valued at $1,924,000 after purchasing an additional 188 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.

Insider Activity at Philip Morris International

In related news, CEO Jacek Olczak sold 40,000 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $148.87, for a total value of $5,954,800.00. Following the transaction, the chief executive officer now directly owns 547,426 shares in the company, valued at approximately $81,495,308.62. This trade represents a 6.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Andre Calantzopoulos sold 40,643 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $149.06, for a total transaction of $6,058,245.58. Following the transaction, the chairman now directly owns 561,349 shares of the company’s stock, valued at approximately $83,674,681.94. This represents a 6.75 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 128,143 shares of company stock valued at $19,092,846. Corporate insiders own 0.14% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on PM. Stifel Nicolaus raised their target price on Philip Morris International from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. UBS Group lifted their target price on Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a research note on Friday, February 7th. StockNews.com downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Monday, February 10th. JPMorgan Chase & Co. raised their price target on shares of Philip Morris International from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Finally, Barclays dropped their price objective on shares of Philip Morris International from $155.00 to $145.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Philip Morris International currently has an average rating of “Moderate Buy” and an average target price of $141.22.

Philip Morris International Stock Up 1.1 %

NYSE PM opened at $156.13 on Tuesday. The stock has a market capitalization of $242.76 billion, a PE ratio of 34.62, a price-to-earnings-growth ratio of 2.65 and a beta of 0.55. Philip Morris International Inc. has a 12-month low of $87.82 and a 12-month high of $156.63. The company has a 50 day moving average price of $130.42 and a two-hundred day moving average price of $126.81.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.06. Philip Morris International had a net margin of 7.89% and a negative return on equity of 120.08%. As a group, equities analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, December 26th were issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend was Thursday, December 26th. Philip Morris International’s dividend payout ratio is 119.73%.

Philip Morris International Company Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.