Schnieders Capital Management LLC Boosts Holdings in Philip Morris International Inc. (NYSE:PM)

Schnieders Capital Management LLC raised its position in Philip Morris International Inc. (NYSE:PM) by 59.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,475 shares of the company’s stock after buying an additional 3,550 shares during the quarter. Schnieders Capital Management LLC’s holdings in Philip Morris International were worth $1,140,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Investment Advisory Services Inc. TX ADV boosted its stake in Philip Morris International by 3.2% during the fourth quarter. Investment Advisory Services Inc. TX ADV now owns 2,510 shares of the company’s stock valued at $302,000 after buying an additional 78 shares during the period. Intergy Private Wealth LLC grew its stake in shares of Philip Morris International by 4.3% in 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 last quarter. BKM Wealth Management LLC increased its position in Philip Morris International by 3.4% during the 4th quarter. BKM Wealth Management LLC now owns 2,479 shares of the company’s stock valued at $298,000 after purchasing an additional 81 shares during the period. Wealthstream Advisors Inc. grew its holdings 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 period. Finally, 49 Wealth Management LLC boosted its stake in Philip Morris International by 3.6% during the third quarter. 49 Wealth Management LLC now owns 2,432 shares of the company’s stock worth $295,000 after acquiring an additional 84 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PM. Morgan Stanley assumed coverage on Philip Morris International in a report on Thursday, January 16th. They set an “overweight” rating and a $140.00 price target on the stock. StockNews.com lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. Barclays increased their price objective on shares of Philip Morris International from $145.00 to $175.00 and gave the company an “overweight” rating in a research report on Wednesday. UBS Group raised their price objective 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. Finally, Stifel Nicolaus lifted 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. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $144.56.

Philip Morris International Stock Performance

Philip Morris International stock opened at $154.47 on Thursday. The company has a market cap of $240.18 billion, a P/E ratio of 34.25, a price-to-earnings-growth ratio of 2.65 and a beta of 0.55. Philip Morris International Inc. has a one year low of $87.82 and a one year high of $158.39. The business has a fifty day moving average of $131.64 and a two-hundred day moving average of $127.29.

Philip Morris International (NYSE:PM) last issued its earnings results on Thursday, February 6th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates 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%. Sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, December 26th were given a dividend of $1.35 per share. The ex-dividend date was Thursday, December 26th. This represents a $5.40 dividend on an annualized basis and a yield of 3.50%. Philip Morris International’s dividend payout ratio (DPR) is 119.73%.

Insider Activity at Philip Morris International

In other Philip Morris International news, VP Reginaldo Dobrowolski sold 5,000 shares of the stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $149.88, for a total transaction of $749,400.00. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Andre Calantzopoulos sold 40,643 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $149.06, for a total transaction of $6,058,245.58. Following the completion of the sale, the chairman now directly owns 561,349 shares of the company’s stock, valued at $83,674,681.94. The trade was a 6.75 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 128,143 shares of company stock worth $19,092,846. Corporate insiders own 0.14% of the company’s stock.

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.