Philip Morris International Inc. (PM) Shares Obtained by Bradley Foster & Sargent Inc. CT

Philip Morris International Inc. (PM) Shares Obtained by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT boosted its position in Philip Morris International Inc. (NYSE:PM) by 25.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,432 shares of the company’s stock after acquiring an additional 4,379 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Philip Morris International were worth $1,431,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PM. Vanguard Group Inc. boosted its position in Philip Morris International by 1.3% during the third quarter. Vanguard Group Inc. now owns 118,890,424 shares of the company’s stock valued at $9,694,325,000 after buying an additional 1,516,211 shares during the period. Vanguard Group Inc boosted its position in Philip Morris International by 1.3% during the third quarter. Vanguard Group Inc now owns 118,890,424 shares of the company’s stock valued at $9,694,325,000 after buying an additional 1,516,211 shares during the period. Capital Research Global Investors boosted its position in Philip Morris International by 11.0% during the third quarter. Capital Research Global Investors now owns 46,383,194 shares of the company’s stock valued at $3,782,086,000 after buying an additional 4,613,349 shares during the period. Capital International Investors boosted its position in Philip Morris International by 325.0% during the third quarter. Capital International Investors now owns 33,897,955 shares of the company’s stock valued at $2,764,039,000 after buying an additional 25,922,397 shares during the period. Finally, Morgan Stanley boosted its position in Philip Morris International by 5.0% during the third quarter. Morgan Stanley now owns 23,865,004 shares of the company’s stock valued at $1,945,952,000 after buying an additional 1,126,960 shares during the period. 72.45% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International stock opened at $79.98 on Friday. Philip Morris International Inc. has a 1-year low of $64.67 and a 1-year high of $109.90. The stock has a market cap of $124.33 billion, a PE ratio of 16.22, a PEG ratio of 1.63 and a beta of 0.91.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Thursday, February 7th. The company reported $1.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.09. Philip Morris International had a net margin of 8.20% and a negative return on equity of 78.80%. The business had revenue of $7.50 billion during the quarter, compared to analyst estimates of $7.46 billion. During the same period last year, the business posted $1.32 earnings per share. Philip Morris International’s quarterly revenue was down 9.6% compared to the same quarter last year. As a group, research analysts predict that Philip Morris International Inc. will post 5.01 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 11th. Shareholders of record on Thursday, December 20th were issued a $1.14 dividend. The ex-dividend date of this dividend was Wednesday, December 19th. This represents a $4.56 annualized dividend and a yield of 5.70%. Philip Morris International’s dividend payout ratio (DPR) is presently 92.49%.

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

A number of research firms have recently weighed in on PM. Piper Jaffray Companies set a $100.00 target price on shares of Philip Morris International and gave the stock a “buy” rating in a report on Friday. Societe Generale set a $95.00 target price on shares of Philip Morris International and gave the stock a “hold” rating in a report on Monday, October 22nd. Zacks Investment Research upgraded shares of Philip Morris International from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. Citigroup increased their target price on shares of Philip Morris International from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, October 19th. Finally, ValuEngine upgraded shares of Philip Morris International from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. Three equities research 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 stock currently has a consensus rating of “Hold” and an average target price of $91.25.

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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