Advisor OS LLC Raises Stock Holdings in Philip Morris International Inc. (NYSE:PM)

Advisor OS LLC lifted its holdings in Philip Morris International Inc. (NYSE:PM) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,107 shares of the company’s stock after purchasing an additional 345 shares during the quarter. Advisor OS LLC’s holdings in Philip Morris International were worth $735,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Investment Advisory Services Inc. TX ADV raised its position in Philip Morris International by 3.2% in the 4th quarter. Investment Advisory Services Inc. TX ADV now owns 2,510 shares of the company’s stock worth $302,000 after purchasing an additional 78 shares during the period. Intergy Private Wealth LLC grew its stake in shares of Philip Morris International by 4.3% during the fourth quarter. Intergy Private Wealth LLC now owns 1,959 shares of the company’s stock valued at $236,000 after buying an additional 80 shares during the last quarter. BKM Wealth Management LLC raised its holdings in shares of Philip Morris International by 3.4% in the fourth quarter. BKM Wealth Management LLC now owns 2,479 shares of the company’s stock worth $298,000 after buying an additional 81 shares during the period. Wealthstream Advisors Inc. lifted its stake in shares of Philip Morris International by 3.4% during the 4th quarter. Wealthstream Advisors Inc. now owns 2,464 shares of the company’s stock worth $297,000 after acquiring an additional 82 shares during the last quarter. Finally, 49 Wealth Management LLC boosted its holdings in Philip Morris International by 3.6% during the 3rd quarter. 49 Wealth Management LLC now owns 2,432 shares of the company’s stock valued at $295,000 after acquiring an additional 84 shares during the period. Institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PM. Barclays increased their target price on Philip Morris International from $145.00 to $175.00 and gave the stock an “overweight” rating in a research note on Wednesday. UBS Group raised 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. Morgan Stanley initiated coverage on shares of Philip Morris International in a research report on Thursday, January 16th. They issued an “overweight” rating and a $140.00 price objective for the company. Stifel Nicolaus raised their target price on shares of Philip Morris International from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, StockNews.com downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $144.56.

Insider Buying and Selling at Philip Morris International

In related news, SVP Yann Guerin sold 2,500 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $151.28, for a total transaction of $378,200.00. Following the transaction, the senior vice president now directly owns 30,308 shares in the company, valued at $4,584,994.24. The trade was a 7.62 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Reginaldo Dobrowolski sold 5,000 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $149.88, for a total value of $749,400.00. Following the completion of the sale, the vice president now owns 20,799 shares of the company’s stock, valued at approximately $3,117,354.12. This trade represents a 19.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 128,143 shares of company stock valued at $19,092,846. 0.14% of the stock is currently owned by insiders.

Philip Morris International Stock Performance

NYSE PM opened at $154.47 on Thursday. The company has a market cap of $240.18 billion, a PE ratio of 34.25, a P/E/G ratio of 2.65 and a beta of 0.55. The firm’s 50 day moving average price is $131.64 and its 200-day moving average price is $127.29. Philip Morris International Inc. has a 52-week low of $87.82 and a 52-week high of $158.39.

Philip Morris International (NYSE:PM) last announced its earnings results 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 negative return on equity of 120.08% and a net margin of 7.89%. On average, analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share 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. Shareholders of record on Thursday, December 26th were paid a $1.35 dividend. The ex-dividend date was Thursday, December 26th. This represents a $5.40 annualized dividend and a yield of 3.50%. Philip Morris International’s dividend payout ratio (DPR) is presently 119.73%.

About Philip Morris International

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.