Winfield Associates Inc. Sells 200 Shares of Philip Morris International Inc. (PM)

Winfield Associates Inc. lowered its position in Philip Morris International Inc. (NYSE:PM) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,932 shares of the company’s stock after selling 200 shares during the quarter. Winfield Associates Inc.’s holdings in Philip Morris International were worth $396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Appleton Partners Inc. MA lifted its holdings in shares of Philip Morris International by 6.2% in the 4th quarter. Appleton Partners Inc. MA now owns 3,010 shares of the company’s stock worth $201,000 after purchasing an additional 175 shares in the last quarter. Northside Capital Management LLC lifted its holdings in shares of Philip Morris International by 1.1% in the 4th quarter. Northside Capital Management LLC now owns 15,930 shares of the company’s stock worth $1,063,000 after purchasing an additional 181 shares in the last quarter. Lourd Capital LLC lifted its holdings in shares of Philip Morris International by 0.9% in the 4th quarter. Lourd Capital LLC now owns 23,195 shares of the company’s stock worth $1,548,000 after purchasing an additional 205 shares in the last quarter. Capital City Trust Co. FL lifted its holdings in shares of Philip Morris International by 1.9% in the 4th quarter. Capital City Trust Co. FL now owns 11,047 shares of the company’s stock worth $737,000 after purchasing an additional 207 shares in the last quarter. Finally, Dowling & Yahnke LLC lifted its holdings in shares of Philip Morris International by 3.1% in the 4th quarter. Dowling & Yahnke LLC now owns 6,930 shares of the company’s stock worth $600,000 after purchasing an additional 210 shares in the last quarter. 73.17% of the stock is owned by institutional investors.

PM traded up $0.36 during trading hours on Wednesday, hitting $80.96. The stock had a trading volume of 932,616 shares, compared to its average volume of 7,304,338. Philip Morris International Inc. has a 1 year low of $64.67 and a 1 year high of $109.90. The firm has a market cap of $123.15 billion, a P/E ratio of 15.87, a price-to-earnings-growth ratio of 1.70 and a beta of 0.91.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Thursday, February 7th. The company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.09. Philip Morris International had a negative return on equity of 76.82% and a net margin of 9.90%. The company had revenue of $7.50 billion during the quarter, compared to analyst estimates of $7.46 billion. During the same quarter last year, the firm posted $1.32 EPS. The firm’s revenue for the quarter was down 9.6% on a year-over-year basis. As a group, sell-side analysts predict that Philip Morris International Inc. will post 5.38 EPS for the current year.

PM has been the topic of a number of recent research reports. Piper Jaffray Companies set a $100.00 target price on Philip Morris International and gave the stock a “buy” rating in a report on Friday, February 8th. Credit Suisse Group cut Philip Morris International from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $92.00 to $74.00 in a report on Tuesday, December 18th. ValuEngine upgraded Philip Morris International from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. Zacks Investment Research upgraded Philip Morris International from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. Finally, Jefferies Financial Group restated a “hold” rating and set a $80.00 price objective on shares of Philip Morris International in a research note on Sunday. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $91.25.

In other Philip Morris International news, Director Louis C. Camilleri sold 59,495 shares of Philip Morris International stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $86.98, for a total transaction of $5,174,875.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.22% of the company’s stock.

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Philip Morris International Profile

Philip Morris International Inc, through its subsidiaries, manufactures and sells cigarettes, other tobacco products, and other nicotine-containing products. Its portfolio of brands comprises Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, Philip Morris, Merit, Virginia S., Muratti, and Next.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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