Philip Morris International Inc. (NYSE:PM) Stock Holdings Increased by Hosking Partners LLP

Hosking Partners LLP increased its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 28.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 102,524 shares of the company's stock after purchasing an additional 22,621 shares during the quarter. Hosking Partners LLP's holdings in Philip Morris International were worth $12,339,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valley Wealth Managers Inc. grew its position in shares of Philip Morris International by 457.5% in the third quarter. Valley Wealth Managers Inc. now owns 223 shares of the company's stock valued at $27,000 after purchasing an additional 183 shares during the last quarter. Dunhill Financial LLC raised its holdings in shares of Philip Morris International by 203.8% in the third quarter. Dunhill Financial LLC now owns 240 shares of the company's stock worth $29,000 after acquiring an additional 161 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new stake in shares of Philip Morris International in the fourth quarter valued at $33,000. Sierra Ocean LLC acquired a new stake in shares of Philip Morris International during the fourth quarter valued at $37,000. Finally, Asset Dedication LLC increased its position in Philip Morris International by 55.5% during the 4th quarter. Asset Dedication LLC now owns 412 shares of the company's stock worth $50,000 after purchasing an additional 147 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Werner Barth sold 10,000 shares of the business's stock in a transaction dated Thursday, February 20th. The stock was 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. The trade was a 8.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Yann Guerin sold 2,500 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $151.28, for a total value of $378,200.00. Following the sale, the senior vice president now owns 30,308 shares of the company's stock, valued at approximately $4,584,994.24. This trade represents a 7.62 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 128,143 shares of company stock worth $19,092,846. 0.13% of the stock is currently owned by company insiders.

Philip Morris International Stock Performance

Shares of PM traded down $4.81 during trading hours on Tuesday, hitting $153.98. The stock had a trading volume of 6,238,383 shares, compared to its average volume of 5,167,443. The company's fifty day simple moving average is $133.60 and its 200 day simple moving average is $128.18. Philip Morris International Inc. has a 12-month low of $87.82 and a 12-month high of $160.00. The firm has a market cap of $239.42 billion, a P/E ratio of 34.14, a P/E/G ratio of 2.65 and a beta of 0.55.

Philip Morris International (NYSE:PM - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping 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%. As a group, sell-side analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Thursday, December 26th were given a dividend of $1.35 per share. 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 currently 119.73%.

Wall Street Analyst Weigh In

PM has been the topic of a number of recent research reports. Barclays upped their target price on shares of Philip Morris International from $145.00 to $175.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. UBS Group upped their price objective on shares of Philip Morris International from $105.00 to $120.00 and gave the company a "sell" rating in a research note on Friday, February 7th. JPMorgan Chase & Co. lifted their target price on shares of Philip Morris International from $145.00 to $160.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. Morgan Stanley assumed coverage on Philip Morris International in a research note on Thursday, January 16th. They set an "overweight" rating and a $140.00 price target on the stock. Finally, StockNews.com cut Philip Morris International from a "buy" rating to a "hold" rating in a report on Monday, February 10th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $144.56.

Philip Morris International Profile

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.