Uncommon Cents Investing LLC Purchases 1,125 Shares of Philip Morris International Inc. (NYSE:PM)

Uncommon Cents Investing LLC grew its position in shares of Philip Morris International Inc. (NYSE:PM) by 35.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,261 shares of the company’s stock after buying an additional 1,125 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Philip Morris International were worth $401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of PM. PCA Investment Advisory Services Inc. purchased a new stake in shares of Philip Morris International in the 2nd quarter worth $27,000. Headlands Technologies LLC purchased a new stake in shares of Philip Morris International in the 3rd quarter worth $27,000. DHJJ Financial Advisors Ltd. purchased a new stake in shares of Philip Morris International in the 3rd quarter worth $36,000. Legacy Financial Group LLC purchased a new stake in shares of Philip Morris International in the 3rd quarter worth $37,000. Finally, VitalStone Financial LLC increased its stake in shares of Philip Morris International by 950.0% in the 2nd quarter. VitalStone Financial LLC now owns 420 shares of the company’s stock worth $41,000 after purchasing an additional 380 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on PM. Argus reiterated a “hold” rating on shares of Philip Morris International in a research note on Tuesday, March 5th. Societe Generale upgraded Philip Morris International from a “sell” rating to a “hold” rating and set a $87.50 price objective for the company in a research report on Tuesday, February 13th. UBS Group lowered Philip Morris International from a “buy” rating to a “sell” rating and cut their price objective for the company from $105.00 to $86.50 in a research report on Tuesday, January 23rd. Finally, JPMorgan Chase & Co. raised their price objective on Philip Morris International from $110.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $105.40.

Insiders Place Their Bets

In other Philip Morris International news, insider Massimo Andolina sold 8,250 shares of Philip Morris International stock in a transaction on Friday, March 15th. The shares were sold at an average price of $93.63, for a total value of $772,447.50. Following the transaction, the insider now directly owns 94,629 shares of the company’s stock, valued at $8,860,113.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Massimo Andolina sold 8,250 shares of Philip Morris International stock in a transaction on Friday, March 15th. The shares were sold at an average price of $93.63, for a total transaction of $772,447.50. Following the completion of the sale, the insider now directly owns 94,629 shares in the company, valued at $8,860,113.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Reginaldo Dobrowolski sold 2,000 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $90.69, for a total transaction of $181,380.00. Following the transaction, the vice president now owns 9,726 shares of the company’s stock, valued at $882,050.94. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,250 shares of company stock valued at $1,411,128. 0.13% of the stock is currently owned by insiders.

Philip Morris International Trading Down 0.7 %

Shares of Philip Morris International stock traded down $0.64 on Thursday, hitting $91.59. 5,311,892 shares of the company traded hands, compared to its average volume of 5,430,423. The stock’s 50 day moving average price is $91.53 and its 200-day moving average price is $92.47. Philip Morris International Inc. has a 52 week low of $87.23 and a 52 week high of $101.92. The company has a market cap of $142.19 billion, a PE ratio of 18.31, a PEG ratio of 2.04 and a beta of 0.61.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Thursday, February 8th. The company reported $1.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.44 by ($0.08). The business had revenue of $9.05 billion for the quarter, compared to analysts’ expectations of $8.99 billion. Philip Morris International had a net margin of 8.53% and a negative return on equity of 116.29%. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 earnings per share. As a group, research analysts anticipate that Philip Morris International Inc. will post 6.39 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 9th. Shareholders of record on Thursday, March 21st will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 5.68%. The ex-dividend date is Wednesday, March 20th. Philip Morris International’s dividend payout ratio is currently 103.59%.

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.