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

Natixis Advisors LLC boosted its stake in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,044,468 shares of the company's stock after buying an additional 30,016 shares during the quarter. Natixis Advisors LLC owned 0.07% of Philip Morris International worth $125,702,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. NewSquare Capital LLC boosted its stake in Philip Morris International by 53.7% during the fourth quarter. NewSquare Capital LLC now owns 206 shares of the company's stock worth $25,000 after buying an additional 72 shares during the period. Valley Wealth Managers Inc. boosted its stake in Philip Morris International by 457.5% during the third quarter. Valley Wealth Managers Inc. now owns 223 shares of the company's stock worth $27,000 after buying an additional 183 shares during the period. Dunhill Financial LLC boosted its stake in Philip Morris International by 203.8% during the third quarter. Dunhill Financial LLC now owns 240 shares of the company's stock worth $29,000 after buying an additional 161 shares during the period. McClarren Financial Advisors Inc. purchased a new position in Philip Morris International during the fourth quarter worth about $33,000. Finally, Knuff & Co LLC purchased a new position in Philip Morris International during the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 78.63% of the company's stock.

Insiders Place Their Bets

In other news, VP Reginaldo Dobrowolski sold 5,000 shares of Philip Morris International stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $149.88, for a total value of $749,400.00. Following the transaction, the vice president now directly owns 20,799 shares of the company's stock, valued at $3,117,354.12. The trade was a 19.38 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Andre Calantzopoulos sold 40,643 shares of Philip Morris International stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $149.06, for a total transaction of $6,058,245.58. Following the completion of the transaction, the chairman now directly owns 561,349 shares in the company, valued at $83,674,681.94. The trade was a 6.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 131,822 shares of company stock valued at $19,655,585. 0.13% of the stock is owned by corporate insiders.

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Philip Morris International Stock Performance

PM stock traded up $1.46 during midday trading on Friday, reaching $151.95. 5,541,420 shares of the company were exchanged, compared to its average volume of 5,155,565. Philip Morris International Inc. has a 1-year low of $87.82 and a 1-year high of $159.51. The stock's 50-day simple moving average is $139.10 and its 200 day simple moving average is $130.19. The company has a market cap of $236.26 billion, a price-to-earnings ratio of 33.69, a price-to-earnings-growth ratio of 2.65 and a beta of 0.53.

Philip Morris International (NYSE:PM - Get Free Report) last released 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 net margin of 7.89% and a negative return on equity of 120.08%. On average, research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 20th will be issued a dividend of $1.35 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $5.40 dividend on an annualized basis and a yield of 3.55%. Philip Morris International's payout ratio is currently 119.73%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Argus raised shares of Philip Morris International from a "hold" rating to a "buy" rating in a research note on Friday. Morgan Stanley assumed coverage on shares of Philip Morris International in a research note on Thursday, January 16th. They issued an "overweight" rating and a $140.00 price objective for the company. Barclays raised their price objective on shares of Philip Morris International from $145.00 to $175.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Stifel Nicolaus raised their price objective on shares of Philip Morris International from $145.00 to $160.00 and gave the company a "buy" rating in a research note on Friday, February 7th. Finally, StockNews.com lowered shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Philip Morris International currently has a consensus rating of "Moderate Buy" and an average target price of $144.56.

Philip Morris International Company 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.