American Economic Planning Group Inc. ADV increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 5.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,411 shares of the company’s stock after buying an additional 130 shares during the period. American Economic Planning Group Inc. ADV’s holdings in Philip Morris International were worth $272,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Philip Morris International during the fourth quarter valued at about $106,000. Gradient Investments LLC boosted its position in shares of Philip Morris International by 76.1% in the first quarter. Gradient Investments LLC now owns 986 shares of the company’s stock valued at $111,000 after buying an additional 426 shares in the last quarter. Trent Capital Management Inc. NC bought a new position in shares of Philip Morris International during the fourth quarter valued at about $113,000. Acropolis Investment Management LLC bought a new position in shares of Philip Morris International during the first quarter valued at about $117,000. Finally, Vantage Investment Advisors LLC boosted its position in shares of Philip Morris International by 1.6% in the third quarter. Vantage Investment Advisors LLC now owns 1,225 shares of the company’s stock valued at $119,000 after buying an additional 19 shares in the last quarter. Institutional investors own 71.65% of the company’s stock.

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

Shares of Philip Morris International Inc. (NYSE:PM) opened at 119.83 on Monday. The firm has a 50-day moving average of $113.11 and a 200-day moving average of $102.50. The stock has a market cap of $186.11 billion, a PE ratio of 26.52 and a beta of 0.94. Philip Morris International Inc. has a one year low of $86.78 and a one year high of $119.88.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Thursday, April 20th. The company reported $0.98 EPS for the quarter, missing the consensus estimate of $1.03 by $0.05. Philip Morris International had a net margin of 9.30% and a negative return on equity of 64.94%. The business had revenue of $6.06 billion during the quarter, compared to the consensus estimate of $6.47 billion. During the same quarter in the prior year, the firm posted $0.98 EPS. The company’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities research analysts expect that Philip Morris International Inc. will post $4.89 earnings per share for the current fiscal year.

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Several equities analysts recently issued reports on PM shares. Stifel Nicolaus reiterated a “buy” rating and set a $118.00 price target on shares of Philip Morris International in a research report on Sunday, April 23rd. Citigroup Inc reiterated a “buy” rating on shares of Philip Morris International in a research report on Wednesday, February 8th. Goldman Sachs Group Inc boosted their price target on shares of Philip Morris International from $101.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, February 3rd. Zacks Investment Research upgraded shares of Philip Morris International from a “hold” rating to a “buy” rating and set a $126.00 price target on the stock in a research report on Wednesday, March 29th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $104.00 price target on shares of Philip Morris International in a research report on Friday, March 24th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. Philip Morris International currently has a consensus rating of “Buy” and a consensus target price of $116.77.

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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