Philip Morris International Inc. (NYSE:PM) Position Boosted by Windward Capital Management Co. CA

Windward Capital Management Co. CA grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,193 shares of the company’s stock after purchasing an additional 173 shares during the period. Windward Capital Management Co. CA’s holdings in Philip Morris International were worth $3,029,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Fairfield Bush & CO. lifted its holdings in Philip Morris International by 1.1% in the 1st quarter. Fairfield Bush & CO. now owns 26,141 shares of the company’s stock valued at $2,456,000 after acquiring an additional 281 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Philip Morris International by 35.6% during the 1st quarter. American Century Companies Inc. now owns 4,939 shares of the company’s stock valued at $463,000 after acquiring an additional 1,296 shares during the last quarter. Loomis Sayles & Co. L P grew its holdings in shares of Philip Morris International by 24.7% in the 1st quarter. Loomis Sayles & Co. L P now owns 3,065 shares of the company’s stock worth $288,000 after acquiring an additional 608 shares during the last quarter. Covestor Ltd raised its position in shares of Philip Morris International by 54.9% during the first quarter. Covestor Ltd now owns 525 shares of the company’s stock worth $49,000 after purchasing an additional 186 shares during the period. Finally, Mather Group LLC. lifted its holdings in shares of Philip Morris International by 14.7% during the first quarter. Mather Group LLC. now owns 8,987 shares of the company’s stock valued at $844,000 after purchasing an additional 1,154 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Insider Buying and Selling

In related news, VP Reginaldo Dobrowolski sold 2,000 shares of the firm’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $90.69, for a total transaction of $181,380.00. Following the sale, the vice president now directly owns 9,726 shares in the company, valued at $882,050.94. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Philip Morris International news, insider Massimo Andolina sold 8,250 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $93.63, for a total value of $772,447.50. Following the sale, the insider now owns 94,629 shares in the company, valued at $8,860,113.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Reginaldo Dobrowolski sold 2,000 shares of Philip Morris International stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $90.69, for a total transaction of $181,380.00. Following the transaction, the vice president now directly owns 9,726 shares of the company’s stock, valued at $882,050.94. The disclosure for this sale can be found here. Insiders have sold 15,250 shares of company stock valued at $1,411,128 in the last 90 days. 0.15% of the stock is owned by insiders.

Philip Morris International Price Performance

Shares of PM stock opened at $91.17 on Tuesday. Philip Morris International Inc. has a one year low of $87.23 and a one year high of $101.92. The firm has a market cap of $141.53 billion, a price-to-earnings ratio of 18.16, a P/E/G ratio of 2.05 and a beta of 0.61. The stock’s fifty day simple moving average is $91.72 and its 200 day simple moving average is $92.51.

Philip Morris International (NYSE:PM) last announced its earnings results on Thursday, February 8th. The company reported $1.36 EPS for the quarter, missing the consensus estimate of $1.44 by ($0.08). The business had revenue of $9.05 billion for the quarter, compared to the consensus estimate of $8.99 billion. Philip Morris International had a negative return on equity of 116.29% and a net margin of 8.53%. Philip Morris International’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 EPS. On average, research analysts anticipate that Philip Morris International Inc. will post 6.39 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 9th. Stockholders of record on Thursday, March 21st will be given a dividend of $1.30 per share. The ex-dividend date is Wednesday, March 20th. This represents a $5.20 annualized dividend and a dividend yield of 5.70%. Philip Morris International’s payout ratio is currently 103.59%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. UBS Group downgraded Philip Morris International from a “buy” rating to a “sell” rating and cut their price objective for the stock from $105.00 to $86.50 in a report on Tuesday, January 23rd. JPMorgan Chase & Co. boosted their target price on shares of Philip Morris International from $110.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday, November 29th. Argus reaffirmed a “hold” rating on shares of Philip Morris International in a research report on Tuesday, March 5th. Finally, Societe Generale raised shares of Philip Morris International from a “sell” rating to a “hold” rating and set a $87.50 target price for the company in a research note on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International currently has an average rating of “Hold” and a consensus target price of $105.40.

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.