Lincoln Capital LLC lifted its stake in Philip Morris International Inc. (NYSE:PM) by 21.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,981 shares of the company’s stock after buying an additional 520 shares during the quarter. Lincoln Capital LLC’s holdings in Philip Morris International were worth $315,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of PM. Guidant Wealth Advisors boosted its position in Philip Morris International by 25.5% during the second quarter. Guidant Wealth Advisors now owns 939 shares of the company’s stock worth $110,000 after purchasing an additional 191 shares in the last quarter. Vantage Investment Advisors LLC boosted its position in Philip Morris International by 1.0% during the second quarter. Vantage Investment Advisors LLC now owns 1,033 shares of the company’s stock worth $121,000 after purchasing an additional 10 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its position in Philip Morris International by 399.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,203 shares of the company’s stock worth $134,000 after purchasing an additional 962 shares in the last quarter. Bank of Nova Scotia Trust Co. purchased a new position in Philip Morris International during the third quarter worth approximately $135,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in Philip Morris International by 13.9% during the second quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,230 shares of the company’s stock worth $144,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 72.38% of the company’s stock.

Philip Morris International Inc. (NYSE PM) opened at $99.94 on Monday. Philip Morris International Inc. has a fifty-two week low of $96.66 and a fifty-two week high of $123.55. The company has a current ratio of 1.35, a quick ratio of 0.68 and a debt-to-equity ratio of -3.06. The company has a market capitalization of $155,230.00, a P/E ratio of 25.82, a price-to-earnings-growth ratio of 1.98 and a beta of 0.85.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Thursday, February 8th. The company reported $1.31 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.04). Philip Morris International had a net margin of 7.73% and a negative return on equity of 71.99%. The company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.17 billion. During the same period in the prior year, the business posted $1.10 EPS. Philip Morris International’s revenue for the quarter was up 19.0% compared to the same quarter last year. equities research analysts expect that Philip Morris International Inc. will post 5.28 EPS for the current fiscal year.

A number of equities analysts have commented on the company. Zacks Investment Research cut Philip Morris International from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. Piper Jaffray Companies reissued an “overweight” rating and set a $137.00 target price (up previously from $130.00) on shares of Philip Morris International in a report on Thursday, January 11th. Wells Fargo & Co reissued an “outperform” rating and set a $135.00 target price (down previously from $140.00) on shares of Philip Morris International in a report on Wednesday, November 15th. Citigroup reduced their target price on Philip Morris International from $117.00 to $114.00 and set a “neutral” rating for the company in a report on Tuesday, January 16th. Finally, Jefferies Group raised Philip Morris International from a “hold” rating to a “buy” rating and set a $124.00 target price for the company in a report on Friday, January 19th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Philip Morris International has a consensus rating of “Buy” and an average target price of $123.79.

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Philip Morris International Company Profile

Philip Morris International Inc is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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