D Orazio & Associates Inc. Buys 303 Shares of Philip Morris International Inc. (NYSE:PM)

D Orazio & Associates Inc. raised its stake in Philip Morris International Inc. (NYSE:PM) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,840 shares of the company’s stock after acquiring an additional 303 shares during the period. D Orazio & Associates Inc.’s holdings in Philip Morris International were worth $1,064,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Intergy Private Wealth LLC grew its stake in Philip Morris International by 4.3% during the fourth quarter. Intergy Private Wealth LLC now owns 1,959 shares of the company’s stock worth $236,000 after buying an additional 80 shares in the last quarter. 49 Wealth Management LLC boosted its position in shares of 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 in the last quarter. Woodmont Investment Counsel LLC increased its stake in Philip Morris International by 1.6% in the third quarter. Woodmont Investment Counsel LLC now owns 5,452 shares of the company’s stock valued at $662,000 after acquiring an additional 86 shares during the last quarter. Sargent Investment Group LLC raised its position in Philip Morris International by 2.2% during the fourth quarter. Sargent Investment Group LLC now owns 3,972 shares of the company’s stock valued at $467,000 after purchasing an additional 86 shares in the last quarter. Finally, YHB Investment Advisors Inc. lifted its stake in Philip Morris International by 4.2% during the third quarter. YHB Investment Advisors Inc. now owns 2,158 shares of the company’s stock worth $262,000 after purchasing an additional 87 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on PM shares. Morgan Stanley started coverage on Philip Morris International in a research note on Thursday, January 16th. They issued an “overweight” rating and a $140.00 price target on the stock. JPMorgan Chase & Co. boosted their target price on Philip Morris International from $125.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. UBS Group raised their price target on shares of Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a research note on Friday. Stifel Nicolaus lifted their price target on shares of Philip Morris International from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday. Finally, Barclays dropped their price objective on shares of Philip Morris International from $155.00 to $145.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.35.

Philip Morris International Stock Performance

Shares of NYSE PM opened at $144.40 on Friday. The stock has a market cap of $224.51 billion, a P/E ratio of 32.02, a price-to-earnings-growth ratio of 2.55 and a beta of 0.55. The firm has a 50 day moving average price of $125.44 and a two-hundred day moving average price of $123.61. Philip Morris International Inc. has a 52-week low of $87.82 and a 52-week high of $146.78.

Philip Morris International (NYSE:PM) last announced its earnings results 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 9.24%. Analysts predict that Philip Morris International Inc. will post 7.11 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Investors 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 3.74%. The ex-dividend date was Thursday, December 26th. Philip Morris International’s dividend payout ratio is currently 119.73%.

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.