Philip Morris International Inc. (NYSE:PM) Holdings Raised by BCGM Wealth Management LLC

BCGM Wealth Management LLC increased its stake in Philip Morris International Inc. (NYSE:PM) by 4.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,268 shares of the company’s stock after purchasing an additional 1,040 shares during the quarter. BCGM Wealth Management LLC’s holdings in Philip Morris International were worth $3,041,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of PM. Union Bancaire Privee UBP SA acquired a new stake in Philip Morris International during the 4th quarter valued at $93,000. World Equity Group Inc. raised its position in Philip Morris International by 108.1% during the fourth quarter. World Equity Group Inc. now owns 3,800 shares of the company’s stock valued at $457,000 after buying an additional 1,974 shares during the period. Delta Financial Group Inc. acquired a new position in Philip Morris International during the fourth quarter valued at $561,000. Atlantic Family Wealth LLC purchased a new stake in Philip Morris International in the 4th quarter worth about $249,000. Finally, MONECO Advisors LLC boosted its position in Philip Morris International by 24.0% during the 4th quarter. MONECO Advisors LLC now owns 3,904 shares of the company’s stock worth $470,000 after acquiring an additional 755 shares during the period. Institutional investors and hedge funds own 78.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PM shares. StockNews.com downgraded Philip Morris International from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Morgan Stanley began coverage on shares of Philip Morris International in a research report on Thursday, January 16th. They issued an “overweight” rating and a $140.00 target price for the company. Stifel Nicolaus lifted their target price on shares of Philip Morris International from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 7th. UBS Group upped their price target 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, JPMorgan Chase & Co. lifted their price objective on Philip Morris International from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $141.22.

Philip Morris International Price Performance

Philip Morris International stock opened at $154.39 on Monday. Philip Morris International Inc. has a one year low of $87.82 and a one year high of $154.64. The company’s fifty day moving average price is $129.81 and its two-hundred day moving average price is $126.52. The company has a market capitalization of $240.05 billion, a price-to-earnings ratio of 34.23, a PEG ratio of 2.65 and a beta of 0.55.

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

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, December 26th were paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date of this dividend was Thursday, December 26th. Philip Morris International’s payout ratio is 119.73%.

Insider Buying and Selling

In other Philip Morris International news, Chairman Andre Calantzopoulos sold 40,643 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were 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 in the company, valued at $83,674,681.94. This represents a 6.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Emmanuel Babeau sold 30,000 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $148.85, for a total value of $4,465,500.00. Following the completion of the sale, the chief financial officer now directly owns 139,105 shares in the company, valued at approximately $20,705,779.25. This represents a 17.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 128,143 shares of company stock valued at $19,092,846. Company insiders own 0.13% of the company’s stock.

About Philip Morris International

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.