Philip Morris International Inc. (NYSE:PM) Holdings Lifted by Rational Advisors LLC

Rational Advisors LLC increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 26.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,200 shares of the company’s stock after acquiring an additional 1,700 shares during the period. Rational Advisors LLC’s holdings in Philip Morris International were worth $867,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hudock Capital Group LLC increased its stake in Philip Morris International by 0.3% in the 2nd quarter. Hudock Capital Group LLC now owns 3,144 shares of the company’s stock worth $369,000 after purchasing an additional 8 shares in the last quarter. Jackson Grant Investment Advisers Inc. boosted its position in Philip Morris International by 0.3% during the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 3,368 shares of the company’s stock worth $396,000 after acquiring an additional 10 shares during the period. Vantage Investment Advisors LLC boosted its position in Philip Morris International by 1.0% during the 2nd quarter. Vantage Investment Advisors LLC now owns 1,033 shares of the company’s stock worth $121,000 after acquiring an additional 10 shares during the period. LGL Partners LLC boosted its position in Philip Morris International by 0.9% during the 2nd quarter. LGL Partners LLC now owns 1,821 shares of the company’s stock worth $214,000 after acquiring an additional 17 shares during the period. Finally, Newman Dignan & Sheerar Inc. boosted its position in Philip Morris International by 0.3% during the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 5,943 shares of the company’s stock worth $6,984,000 after acquiring an additional 17 shares during the period. 72.22% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Philip Morris International stock traded down $0.68 during trading on Friday, hitting $101.02. 5,049,181 shares of the stock traded hands, compared to its average volume of 5,176,511. The firm has a market cap of $157,963.48, a price-to-earnings ratio of 20.49, a P/E/G ratio of 1.91 and a beta of 0.86. The company has a debt-to-equity ratio of -3.06, a current ratio of 1.35 and a quick ratio of 0.80. Philip Morris International Inc. has a twelve month low of $95.51 and a twelve month high of $123.55.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Thursday, February 8th. The company reported $1.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.35 by ($0.04). The firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.17 billion. Philip Morris International had a net margin of 7.73% and a negative return on equity of 71.99%. The firm’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.10 earnings per share. equities research analysts predict that Philip Morris International Inc. will post 5.27 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Thursday, March 22nd will be issued a dividend of $1.07 per share. The ex-dividend date is Wednesday, March 21st. This represents a $4.28 annualized dividend and a dividend yield of 4.24%. Philip Morris International’s dividend payout ratio is 86.82%.

A number of equities research analysts have commented on PM shares. Zacks Investment Research lowered Philip Morris International from a “hold” rating to a “sell” rating in a research report on Monday, December 11th. Jefferies Group upgraded Philip Morris International from a “hold” rating to a “buy” rating and set a $124.00 price objective for the company in a research report on Friday, January 19th. TheStreet lowered Philip Morris International from a “b-” rating to a “c+” rating in a research report on Tuesday, March 20th. Citigroup upgraded Philip Morris International from a “neutral” rating to a “buy” rating and set a $125.00 price objective for the company in a research report on Wednesday, February 28th. They noted that the move was a valuation call. Finally, Piper Jaffray restated an “overweight” rating and set a $137.00 price objective (up from $130.00) on shares of Philip Morris International in a research report on Thursday, January 11th. Five research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $123.77.

In related news, CEO Andre Calantzopoulos sold 49,000 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $103.66, for a total value of $5,079,340.00. Following the completion of the sale, the chief executive officer now directly owns 792,765 shares in the company, valued at approximately $82,178,019.90. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Marc S. Firestone sold 13,650 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $104.63, for a total value of $1,428,199.50. Following the completion of the sale, the insider now owns 189,199 shares of the company’s stock, valued at $19,795,891.37. The disclosure for this sale can be found here. 0.23% of the stock is owned by insiders.

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Philip Morris International Profile

Philip Morris International Inc is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.

Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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