Sivia Capital Partners LLC Grows Holdings in Philip Morris International Inc. (NYSE:PM)

Sivia Capital Partners LLC lifted its position in shares of Philip Morris International Inc. (NYSE:PM) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,005 shares of the company’s stock after acquiring an additional 201 shares during the quarter. Sivia Capital Partners LLC’s holdings in Philip Morris International were worth $362,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. American Century Companies Inc. raised its stake in shares of Philip Morris International by 24.5% during the 2nd quarter. American Century Companies Inc. now owns 8,701 shares of the company’s stock worth $882,000 after buying an additional 1,715 shares during the period. Parallel Advisors LLC lifted its holdings in Philip Morris International by 3.0% during the second quarter. Parallel Advisors LLC now owns 13,730 shares of the company’s stock valued at $1,391,000 after purchasing an additional 400 shares in the last quarter. Thoroughbred Financial Services LLC grew its position in shares of Philip Morris International by 29.8% in the second quarter. Thoroughbred Financial Services LLC now owns 7,100 shares of the company’s stock valued at $719,000 after purchasing an additional 1,631 shares during the period. J.W. Cole Advisors Inc. increased its stake in shares of Philip Morris International by 11.4% during the second quarter. J.W. Cole Advisors Inc. now owns 13,109 shares of the company’s stock worth $1,328,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Seven Mile Advisory acquired a new position in shares of Philip Morris International during the 2nd quarter worth about $245,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Philip Morris International

In other Philip Morris International news, Chairman Andre Calantzopoulos sold 101,918 shares of the stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $129.85, for a total value of $13,234,052.30. Following the sale, the chairman now owns 959,761 shares of the company’s stock, valued at $124,624,965.85. This trade represents a 9.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Werner Barth sold 7,500 shares of Philip Morris International stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $129.98, for a total value of $974,850.00. Following the completion of the transaction, the insider now owns 95,418 shares of the company’s stock, valued at $12,402,431.64. The trade was a 7.29 % decrease in their position. The disclosure for this sale can be found here. 0.13% of the stock is currently owned by corporate insiders.

Philip Morris International Stock Up 0.3 %

Shares of PM traded up $0.36 during trading on Monday, reaching $117.51. 2,985,663 shares of the company traded hands, compared to its average volume of 4,067,651. The stock has a 50-day simple moving average of $126.34 and a 200-day simple moving average of $120.84. The stock has a market cap of $182.71 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 2.22 and a beta of 0.54. Philip Morris International Inc. has a twelve month low of $87.82 and a twelve month high of $134.15.

Philip Morris International (NYSE:PM) last posted its earnings results on Tuesday, October 22nd. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.82 by $0.09. Philip Morris International had a net margin of 10.35% and a negative return on equity of 117.94%. The firm had revenue of $9.91 billion during the quarter, compared to the consensus estimate of $9.68 billion. During the same quarter last year, the firm earned $1.67 EPS. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, equities research analysts predict that Philip Morris International Inc. will post 6.51 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 13th. Investors of record on Thursday, December 26th will be issued a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Thursday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is 85.71%.

Analysts Set New Price Targets

PM has been the subject of a number of research analyst reports. UBS Group increased their target price on Philip Morris International from $103.00 to $105.00 and gave the company a “sell” rating in a report on Wednesday, October 23rd. Citigroup increased their price target on Philip Morris International from $118.50 to $132.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Barclays lowered their price objective on Philip Morris International from $155.00 to $145.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. The Goldman Sachs Group raised their target price on Philip Morris International from $126.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, September 26th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Philip Morris International from $125.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $130.39.

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.