Bouchey Financial Group Ltd Boosts Stock Position in Philip Morris International Inc. (NYSE:PM)

Bouchey Financial Group Ltd increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,182 shares of the company’s stock after purchasing an additional 107 shares during the quarter. Bouchey Financial Group Ltd’s holdings in Philip Morris International were worth $746,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Investment Advisory Services Inc. TX ADV lifted its position in 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 lifted its position in Philip Morris International by 4.3% during the 4th quarter. Intergy Private Wealth LLC now owns 1,959 shares of the company’s stock worth $236,000 after acquiring an additional 80 shares during the period. BKM Wealth Management LLC lifted 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 worth $298,000 after acquiring an additional 81 shares during the period. Wealthstream Advisors Inc. lifted its position in 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 lifted its position 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 worth $295,000 after acquiring an additional 84 shares during the period. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Performance

Shares of PM stock opened at $153.95 on Friday. The stock has a fifty day moving average price of $132.28 and a 200 day moving average price of $127.47. The stock has a market cap of $239.37 billion, a PE ratio of 34.14, a P/E/G ratio of 2.65 and a beta of 0.55. Philip Morris International Inc. has a 1 year low of $87.82 and a 1 year high of $158.39.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping 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%. As a group, equities research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, December 26th were issued a dividend of $1.35 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $5.40 annualized dividend and a yield of 3.51%. Philip Morris International’s dividend payout ratio is presently 119.73%.

Wall Street Analyst Weigh In

PM has been the subject of a number of recent research reports. Morgan Stanley initiated 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. Barclays increased their price objective on Philip Morris International from $145.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on Philip Morris International from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th. UBS Group raised their price target on Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a report on Friday, February 7th. Finally, Stifel Nicolaus raised their price target on Philip Morris International from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $144.56.

Insider Buying and Selling

In other Philip Morris International news, VP Reginaldo Dobrowolski sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $149.88, for a total transaction of $749,400.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jacek Olczak sold 40,000 shares of the firm’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $148.87, for a total value of $5,954,800.00. Following the transaction, the chief executive officer now directly owns 547,426 shares of the company’s stock, valued at $81,495,308.62. The trade was a 6.81 % decrease in their position. 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 owned by insiders.

Philip Morris International Company 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.