Hosking Partners LLP Has $12.34 Million Stake in Philip Morris International Inc. (NYSE:PM)

Hosking Partners LLP boosted its holdings in Philip Morris International Inc. (NYSE:PM) by 28.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 102,524 shares of the company’s stock after buying an additional 22,621 shares during the period. Hosking Partners LLP’s holdings in Philip Morris International were worth $12,339,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Parkside Financial Bank & Trust boosted its position in Philip Morris International by 17.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 12,305 shares of the company’s stock valued at $1,481,000 after buying an additional 1,819 shares in the last quarter. Bouchey Financial Group Ltd increased its holdings in shares of Philip Morris International by 1.8% in the fourth quarter. Bouchey Financial Group Ltd now owns 6,182 shares of the company’s stock valued at $746,000 after purchasing an additional 107 shares in the last quarter. Financial Security Advisor Inc. raised its position in Philip Morris International by 2.3% in the 4th quarter. Financial Security Advisor Inc. now owns 20,635 shares of the company’s stock worth $2,483,000 after purchasing an additional 459 shares during the last quarter. Hilltop Partners LLC acquired a new position in Philip Morris International during the 4th quarter worth $583,000. Finally, Verus Capital Partners LLC boosted its position in Philip Morris International by 15.9% in the 4th quarter. Verus Capital Partners LLC now owns 6,706 shares of the company’s stock valued at $807,000 after buying an additional 922 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Philip Morris International

In related news, insider Werner Barth sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $148.67, for a total value of $1,486,700.00. Following the transaction, the insider now owns 106,244 shares in the company, valued at approximately $15,795,295.48. This represents a 8.60 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Reginaldo Dobrowolski sold 5,000 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $149.88, for a total value of $749,400.00. Following the completion of the sale, the vice president now owns 20,799 shares of the company’s stock, valued at $3,117,354.12. This trade represents a 19.38 % 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 worth $19,092,846. 0.14% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their target price 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. Morgan Stanley initiated coverage on shares of Philip Morris International in a research report on Thursday, January 16th. They set an “overweight” rating and a $140.00 target price on the stock. UBS Group increased their price objective on shares of Philip Morris International from $105.00 to $120.00 and gave the company a “sell” rating in a report on Friday, February 7th. Barclays lifted their target price on shares of Philip Morris International from $145.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, StockNews.com cut Philip Morris International from a “buy” rating to a “hold” rating in a research note on Monday, February 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $144.56.

Philip Morris International Trading Down 0.5 %

NYSE PM opened at $153.95 on Friday. The firm has a market capitalization of $239.37 billion, a P/E ratio of 34.14, a price-to-earnings-growth ratio of 2.65 and a beta of 0.55. The firm’s fifty day moving average price is $132.28 and its two-hundred day moving average price is $127.47. 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 earnings results on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.06. Philip Morris International had a net margin of 7.89% and a negative return on equity of 120.08%. On average, research analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

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

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.