30 September, 2017
BlackRock Inc. now owns 91,796,829 shares of the company's stock worth $10,781,538,000 after purchasing an additional 2,421,533 shares during the period. The firm has a market cap of $176.72 billion, a price-to-earnings ratio of 25.43 and a beta of 0.94. The stock declined 0.22% or $0.25 reaching $111.55 per share. 3,912,773 shares of the stock traded hands. Franklin has invested 0.4% in Philip Morris International Inc. (NYSE:PM) has risen 16.65% since September 29, 2016 and is uptrending. Us Bancorp De acquired 86,961 shares as Xcel Energy Inc (XEL)'s stock rose 9.17%. Institutional investors and hedge funds own 72.01% of the company's stock. California Employees Retirement Systems invested in 1.33M shares. The stock increased 0.22% or $0.1 on September 29, reaching $45.01. About 2.82M shares traded or 11.02% up from the average. It has underperformed by 3.52% the S&P500. (NYSE:PM) has "Hold" rating given on Thursday, April 21 by Societe Generale.
Among 2 analysts covering P2p Global Investments Plc (LON:P2P), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 40% are positive. SBG Securities upgraded shares of Philip Morris International from a "sell" rating to a "hold" rating and increased their price objective for the company from $118.00 to $119.00 in a report on Friday, August 11th. Seven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Cowen & Co maintained the stock with "Buy" rating in Friday, September 22 report. The firm has "Hold" rating by Jefferies given on Wednesday, September 28. The firm earned "Buy" rating on Monday, October 3 by Goldman Sachs. Jefferies Group LLC's target price would indicate a potential upside of 8.10% from the company's previous close. The firm has "Buy" rating by Liberum Capital given on Tuesday, July 26. The firm has "Outperform" rating given on Tuesday, March 8 by BNP Paribas. Morgan Stanley has "Equal-Weight" rating and $48 target. Finally, Citigroup Inc. reissued a "neutral" rating and set a $125.00 price target (down previously from $128.00) on shares of Philip Morris International in a report on Monday, July 24th. Goldman Sachs Group Inc reissued a buy rating and issued a $102.00 target price (down previously from $109.00) on shares of Philip Morris International in a research note on Tuesday, January 10th. Its down 0.03, from 0.91 in 2017Q1. It improved, as 49 investors sold KO shares while 618 reduced holdings. 61 funds opened positions while 187 raised stakes. Of Toledo Na Oh, Ohio-based fund reported 5,443 shares. Old Bankshares In holds 50,088 shares or 0.32% of its portfolio. At Comml Bank reported 10,111 shares. Planning has invested 0.21% in The Coca-Cola Co (NYSE:KO). The France-based Natixis has invested 0.06% in the stock. Csu Producer Resources accumulated 7% or 12,000 shares. M&R Cap Management stated it has 32,899 shares. Baker Bros. Advisors Lp owns 10.29 million shares or 0.15% of their United States portfolio. Riggs Asset Managment Communication Inc has 1,300 shares. This represents a $4.28 annualized dividend and a dividend yield of 3.86%. The insider Perez Beatriz R sold 29,282 shares worth $1.32M.
Caz Investments Lp, which manages about $304.25M and $123.90 million US Long portfolio, upped its stake in Spdr S&P500 Tr Put Opt205.0000 (Put) (SPY) by 130,000 shares to 247,000 shares, valued at $59.73M in 2017Q2, according to the filing. The stock of Philip Morris International Inc. (NYSE:PM) for 5,697 shares. Philip Morris International has a consensus rating of Buy and an average target price of $123.92. (NYSE:PM). Moreover, Pioneer Inv Mngmt has 0% invested in Philip Morris International Inc.
Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.03, from 0.91 in 2017Q1. It fall, as 53 investors sold PM shares while 558 reduced holdings.
Boussard & Gavaudan Investment Management Llp increased Philip Morris Intl Inc (PM) stake by 208.76% reported in 2017Q2 SEC filing. (NYSE:PM) for 10,103 shares. American Money Mgmt Lc reported 27,230 shares. Wealthtrust Fairport Limited Liability Com owns 39,172 shares. Greenleaf Tru stated it has 0.05% of its portfolio in Philip Morris International Inc. Proshare Advsr Ltd Liability holds 0.04% of its portfolio in Xcel Energy Inc (NYSE:XEL) for 93,409 shares. Moreover, Verus Prns Inc has 1.59% invested in Philip Morris International Inc. (NYSE:PM) or 5.09M shares. Lee Danner Bass Inc accumulated 74,250 shares. (NYSE:PM). Marble Harbor Investment Counsel Limited Liability Corp reported 6,410 shares or 0.17% of all its holdings. Gyroscope Cap Management Lc stated it has 2.64% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 33,613 shares. 4,454 were accumulated by Cypress Cap Mngmt Limited Liability Corporation. 552,277 were reported by Brown Advisory. During the same period past year, the business earned $1.15 earnings per share. On average, analysts forecast that Philip Morris International Inc. will post $4.88 EPS for the current year. The company reported $1.14 EPS for the quarter, missing analysts' consensus estimates of $1.23 by ($0.09). They expect $1.38 earnings per share, up 10.40% or $0.13 from last year's $1.25 per share. PM's profit will be $2.14B for 20.11 P/E if the $1.38 EPS becomes a reality. After $1.14 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts 21.05% EPS growth.
- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
