Philip Morris International Inc. (NYSE:PM) Stock Holdings Lifted by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC raised its stake in Philip Morris International Inc. (NYSE:PM) by 80.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,660 shares of the company’s stock after buying an additional 3,425 shares during the period. Game Plan Financial Advisors LLC’s holdings in Philip Morris International were worth $922,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of PM. Creative Planning increased its holdings in shares of Philip Morris International by 5.6% in the third quarter. Creative Planning now owns 365,549 shares of the company’s stock valued at $44,378,000 after buying an additional 19,490 shares in the last quarter. LexAurum Advisors LLC acquired a new stake in Philip Morris International during the 3rd quarter valued at $245,000. V Square Quantitative Management LLC raised its stake in Philip Morris International by 110.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 4,144 shares of the company’s stock valued at $503,000 after purchasing an additional 2,174 shares during the period. Stratos Investment Management LLC raised its stake in Philip Morris International by 2.1% during the 3rd quarter. Stratos Investment Management LLC now owns 4,952 shares of the company’s stock valued at $601,000 after purchasing an additional 104 shares during the period. Finally, Net Worth Advisory Group acquired a new stake in Philip Morris International during the 3rd quarter valued at $795,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Up 1.0 %

Shares of NYSE:PM opened at $150.60 on Friday. The stock has a market capitalization of $234.16 billion, a PE ratio of 33.39, a P/E/G ratio of 2.55 and a beta of 0.55. Philip Morris International Inc. has a 1 year low of $87.82 and a 1 year high of $151.22. The firm has a fifty day moving average price of $127.47 and a 200 day moving average price of $125.14.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.06. Philip Morris International had a net margin of 9.24% and a negative return on equity of 120.08%. On average, sell-side analysts forecast that Philip Morris International Inc. will post 7.11 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, December 26th were issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend was Thursday, December 26th. Philip Morris International’s dividend payout ratio is presently 119.73%.

Insider Buying and Selling at Philip Morris International

In other Philip Morris International news, VP Reginaldo Dobrowolski sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $149.88, for a total transaction of $749,400.00. Following the completion of the sale, the vice president now directly owns 20,799 shares in the company, valued at $3,117,354.12. This represents a 19.38 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PM. StockNews.com downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. Barclays cut their target price 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. UBS Group upped their price target on shares of Philip Morris International from $105.00 to $120.00 and gave the stock a “sell” rating in a research note on Friday, February 7th. Stifel Nicolaus upped their price target on shares of Philip Morris International from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Finally, Morgan Stanley assumed coverage on shares of Philip Morris International in a research note on Thursday, January 16th. They issued an “overweight” rating and a $140.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $139.56.

Philip Morris International 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.