Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Philip Morris International Inc (NYSE:PM) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,384,837 shares of the company’s stock after acquiring an additional 7,755 shares during the period. Philip Morris International accounts for 0.8% of Mitsubishi UFJ Trust & Banking Corp’s investment portfolio, making the stock its 21st biggest holding. Mitsubishi UFJ Trust & Banking Corp owned 0.22% of Philip Morris International worth $397,549,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of PM. Guidant Wealth Advisors lifted its stake in shares of Philip Morris International by 25.5% in the 2nd quarter. Guidant Wealth Advisors now owns 939 shares of the company’s stock valued at $110,000 after purchasing an additional 191 shares during the last quarter. American Beacon Advisors Inc. acquired a new stake in shares of Philip Morris International in the 1st quarter valued at $114,000. Acropolis Investment Management LLC lifted its stake in shares of Philip Morris International by 0.5% in the 2nd quarter. Acropolis Investment Management LLC now owns 1,045 shares of the company’s stock valued at $123,000 after purchasing an additional 5 shares during the last quarter. BDO Wealth Advisors LLC acquired a new stake in shares of Philip Morris International in the 2nd quarter valued at $178,000. Finally, Burt Wealth Advisors lifted its stake in shares of Philip Morris International by 33.0% in the 2nd quarter. Burt Wealth Advisors now owns 1,613 shares of the company’s stock valued at $189,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 72.22% of the company’s stock.

Philip Morris International Inc (NYSE PM) opened at $102.72 on Wednesday. Philip Morris International Inc has a twelve month low of $86.78 and a twelve month high of $123.55. The company has a current ratio of 1.13, a quick ratio of 0.68 and a debt-to-equity ratio of -2.91. The stock has a market cap of $160,772.03, a PE ratio of 23.05, a PEG ratio of 2.09 and a beta of 0.91.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Thursday, October 19th. The company reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.11). Philip Morris International had a negative return on equity of 67.59% and a net margin of 9.32%. The company had revenue of $7.50 billion for the quarter, compared to the consensus estimate of $7.75 billion. During the same quarter in the previous year, the firm posted $1.25 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. equities research analysts forecast that Philip Morris International Inc will post 4.76 earnings per share for the current year.

PM has been the subject of several analyst reports. Societe Generale raised shares of Philip Morris International from a “hold” rating to a “buy” rating in a research note on Friday, October 20th. TheStreet raised shares of Philip Morris International from a “c+” rating to a “b-” rating in a research note on Thursday, July 20th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a $133.00 price objective (down previously from $134.00) on shares of Philip Morris International in a research note on Saturday, July 22nd. Cowen and Company reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Sunday, September 24th. Finally, BidaskClub lowered shares of Philip Morris International from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $124.62.

In other news, Chairman Louis C. Camilleri sold 108,979 shares of the business’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of $108.38, for a total transaction of $11,811,144.02. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Drago Azinovic sold 14,000 shares of the business’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $116.00, for a total transaction of $1,624,000.00. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.

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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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