BDO Wealth Advisors LLC purchased a new stake in shares of Philip Morris International Inc (NYSE:PM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,513 shares of the company’s stock, valued at approximately $178,000.

Other large investors have also recently bought and sold shares of the company. Guidant Wealth Advisors grew its holdings in shares of Philip Morris International by 25.5% during the second quarter. Guidant Wealth Advisors now owns 939 shares of the company’s stock valued at $110,000 after buying an additional 191 shares during the last quarter. American Beacon Advisors Inc. purchased a new stake in shares of Philip Morris International during the first quarter valued at approximately $114,000. Acropolis Investment Management LLC grew its holdings in shares of Philip Morris International by 0.5% during the second quarter. Acropolis Investment Management LLC now owns 1,045 shares of the company’s stock valued at $123,000 after buying an additional 5 shares during the last quarter. Burt Wealth Advisors grew its holdings in shares of Philip Morris International by 33.0% during the second quarter. Burt Wealth Advisors now owns 1,613 shares of the company’s stock valued at $189,000 after buying an additional 400 shares during the last quarter. Finally, Donald L. Hagan LLC purchased a new stake in Philip Morris International in the second quarter worth approximately $202,000. Hedge funds and other institutional investors own 72.22% of the company’s stock.

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

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Shares of Philip Morris International Inc (NYSE:PM) opened at $103.51 on Tuesday. The company has a market cap of $160,010.95, a price-to-earnings ratio of 22.94, a PEG ratio of 2.08 and a beta of 0.91. Philip Morris International Inc has a 52-week low of $86.78 and a 52-week high of $123.55. The company has a debt-to-equity ratio of -2.91, a quick ratio of 0.68 and a current ratio of 1.13.

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

Several equities research analysts recently issued reports on PM shares. TheStreet upgraded shares of Philip Morris International from a “c+” rating to a “b-” rating in a report on Thursday, July 20th. Jefferies Group LLC dropped their target price on shares of Philip Morris International from $120.00 to $116.00 and set a “hold” rating on the stock in a report on Thursday, October 12th. Societe Generale upgraded shares of Philip Morris International from a “hold” rating to a “buy” rating in a report on Friday, October 20th. Zacks Investment Research upgraded shares of Philip Morris International from a “sell” rating to a “hold” rating in a report on Monday, October 30th. Finally, Citigroup Inc. restated a “neutral” rating and issued a $125.00 target price (down previously from $128.00) on shares of Philip Morris International in a report on Monday, July 24th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $124.62.

Philip Morris International 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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