Philip Morris International Inc. (NYSE:PM) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,044,468 shares of the company's stock after buying an additional 30,016 shares during the quarter. Natixis Advisors LLC owned approximately 0.07% of Philip Morris International worth $125,702,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PM. Frank Rimerman Advisors LLC raised its holdings in Philip Morris International by 0.3% during the fourth quarter. Frank Rimerman Advisors LLC now owns 30,741 shares of the company's stock worth $3,700,000 after purchasing an additional 85 shares in the last quarter. Copperwynd Financial LLC grew its position in shares of Philip Morris International by 13.6% in the 4th quarter. Copperwynd Financial LLC now owns 19,128 shares of the company's stock valued at $2,302,000 after buying an additional 2,296 shares during the last quarter. Picton Mahoney Asset Management raised its stake in Philip Morris International by 47.8% during the 4th quarter. Picton Mahoney Asset Management now owns 866 shares of the company's stock worth $104,000 after acquiring an additional 280 shares in the last quarter. Doheny Asset Management CA lifted its position in Philip Morris International by 79.9% in the fourth quarter. Doheny Asset Management CA now owns 14,530 shares of the company's stock valued at $1,749,000 after acquiring an additional 6,455 shares during the last quarter. Finally, Buckley Wealth Management LLC boosted its stake in Philip Morris International by 3.8% in the fourth quarter. Buckley Wealth Management LLC now owns 5,250 shares of the company's stock valued at $632,000 after acquiring an additional 191 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

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Philip Morris International Stock Performance

PM traded up $3.61 during trading on Monday, reaching $155.49. The company's stock had a trading volume of 4,987,991 shares, compared to its average volume of 5,161,648. The company has a market capitalization of $241.76 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 2.65 and a beta of 0.53. The company's fifty day moving average price is $139.10 and its 200-day moving average price is $130.19. Philip Morris International Inc. has a 52-week low of $87.82 and a 52-week high of $159.51.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.06. Philip Morris International had a negative return on equity of 120.08% and a net margin of 7.89%. Equities analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 20th will be issued a $1.35 dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.47%. Philip Morris International's dividend payout ratio is presently 119.73%.

Insider Activity at Philip Morris International

In related news, SVP Yann Guerin sold 2,500 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $151.28, for a total value of $378,200.00. Following the completion of the transaction, the senior vice president now directly owns 30,308 shares of the company's stock, valued at $4,584,994.24. This trade represents a 7.62 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Reginaldo Dobrowolski sold 5,000 shares of the business's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $149.88, for a total value of $749,400.00. Following the sale, the vice president now owns 20,799 shares in the company, valued at approximately $3,117,354.12. The trade was a 19.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 131,822 shares of company stock worth $19,655,585 over the last 90 days. Company insiders own 0.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PM. Morgan Stanley initiated coverage on Philip Morris International in a research report on Thursday, January 16th. They set an "overweight" rating and a $140.00 target price on the stock. StockNews.com lowered Philip Morris International from a "buy" rating to a "hold" rating in a research report on Monday, February 10th. Barclays increased their price objective on 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 raised their target price on shares of Philip Morris International from $105.00 to $120.00 and gave the stock a "sell" rating in a research report on Friday, February 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of Philip Morris International from $145.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company currently 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.