5,533 Shares in Philip Morris International Inc. $PM Purchased by Tradewinds LLC.

Tradewinds LLC. bought a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,533 shares of the company’s stock, valued at approximately $898,000.

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. increased its position in Philip Morris International by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company’s stock valued at $26,018,555,000 after buying an additional 2,235,380 shares in the last quarter. State Street Corp boosted its holdings in Philip Morris International by 1.6% in the second quarter. State Street Corp now owns 55,831,655 shares of the company’s stock worth $10,243,429,000 after acquiring an additional 871,165 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Philip Morris International by 1.8% in the second quarter. Geode Capital Management LLC now owns 37,181,107 shares of the company’s stock worth $6,760,346,000 after acquiring an additional 672,983 shares during the last quarter. WCM Investment Management LLC increased its holdings in shares of Philip Morris International by 24,968.0% during the second quarter. WCM Investment Management LLC now owns 11,275,606 shares of the company’s stock valued at $2,041,223,000 after acquiring an additional 11,230,626 shares in the last quarter. Finally, Fayez Sarofim & Co increased its holdings in shares of Philip Morris International by 7.9% during the second quarter. Fayez Sarofim & Co now owns 10,676,908 shares of the company’s stock valued at $1,944,585,000 after acquiring an additional 782,536 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Up 0.6%

Shares of Philip Morris International stock opened at $173.66 on Monday. Philip Morris International Inc. has a twelve month low of $119.30 and a twelve month high of $186.69. The company’s 50 day moving average is $157.72 and its 200 day moving average is $161.66. The company has a market cap of $270.33 billion, a price-to-earnings ratio of 31.46, a price-to-earnings-growth ratio of 1.87 and a beta of 0.40.

Philip Morris International (NYSE:PM) last announced its earnings results on Friday, October 24th. The company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.14. The business had revenue of $10.85 billion during the quarter, compared to analyst estimates of $10.67 billion. Philip Morris International had a net margin of 9.33% and a negative return on equity of 122.14%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.91 EPS. Sell-side analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Friday, December 26th were paid a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Friday, December 26th. Philip Morris International’s payout ratio is currently 106.52%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PM shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Barclays cut their price target on shares of Philip Morris International from $220.00 to $180.00 and set an “overweight” rating on the stock in a report on Monday, November 17th. Stifel Nicolaus set a $180.00 price objective on shares of Philip Morris International in a report on Tuesday, October 21st. Finally, Morgan Stanley set a $175.00 target price on Philip Morris International and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Twelve equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $189.00.

Philip Morris International Company Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.