Capital Advisors Inc. OK Boosts Stake in Philip Morris International Inc. (NYSE:PM)

Capital Advisors Inc. OK boosted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 8.0% in the 4th quarter, Holdings Channel reports. The fund owned 6,910 shares of the company’s stock after acquiring an additional 510 shares during the quarter. Capital Advisors Inc. OK’s holdings in Philip Morris International were worth $832,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PM. Investment Advisory Services Inc. TX ADV raised its holdings in shares of Philip Morris International by 3.2% during the 4th quarter. Investment Advisory Services Inc. TX ADV now owns 2,510 shares of the company’s stock worth $302,000 after acquiring an additional 78 shares during the period. Intergy Private Wealth LLC raised its stake in Philip Morris International by 4.3% during the fourth quarter. Intergy Private Wealth LLC now owns 1,959 shares of the company’s stock worth $236,000 after purchasing an additional 80 shares during the period. 49 Wealth Management LLC boosted its holdings in Philip Morris International by 3.6% in the 3rd quarter. 49 Wealth Management LLC now owns 2,432 shares of the company’s stock valued at $295,000 after purchasing an additional 84 shares during the last quarter. Woodmont Investment Counsel LLC grew its stake in shares of Philip Morris International by 1.6% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 5,452 shares of the company’s stock valued at $662,000 after buying an additional 86 shares during the period. Finally, Sargent Investment Group LLC increased its holdings in shares of Philip Morris International by 2.2% during the 4th quarter. Sargent Investment Group LLC now owns 3,972 shares of the company’s stock worth $467,000 after buying an additional 86 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

NYSE PM opened at $149.94 on Thursday. The company has a market cap of $233.13 billion, a P/E ratio of 33.25, 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 $150.24. The stock has a 50-day moving average of $126.34 and a two-hundred day moving average of $124.54.

Philip Morris International (NYSE:PM) last announced its earnings results on Thursday, February 6th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate 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, analysts anticipate that Philip Morris International Inc. will post 7.11 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, December 26th were issued a $1.35 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $5.40 dividend on an annualized basis and a yield of 3.60%. Philip Morris International’s dividend payout ratio (DPR) is presently 119.73%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. UBS Group upped their price objective on Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a report on Friday, February 7th. Barclays decreased their price target on 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. Morgan Stanley started coverage on Philip Morris International in a research report on Thursday, January 16th. They set an “overweight” rating and a $140.00 price objective for the company. Stifel Nicolaus boosted their price objective on shares of Philip Morris International from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 7th. Finally, StockNews.com lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.35.

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.