Windsor Financial Group LLC held its position in shares of Philip Morris International Inc (NYSE:PM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,775 shares of the company’s stock at the close of the second quarter. Windsor Financial Group LLC’s holdings in Philip Morris International were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. State Street Corp increased its stake in Philip Morris International by 1.8% in the first quarter. State Street Corp now owns 59,926,871 shares of the company’s stock valued at $6,766,079,000 after purchasing an additional 1,058,408 shares during the last quarter. Legal & General Group Plc increased its stake in Philip Morris International by 2.9% in the second quarter. Legal & General Group Plc now owns 7,422,457 shares of the company’s stock valued at $871,687,000 after purchasing an additional 210,869 shares during the last quarter. Swiss National Bank increased its stake in Philip Morris International by 26.2% in the first quarter. Swiss National Bank now owns 5,726,731 shares of the company’s stock valued at $646,548,000 after purchasing an additional 1,189,800 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in Philip Morris International by 8.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 5,516,954 shares of the company’s stock valued at $647,967,000 after purchasing an additional 452,857 shares during the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in Philip Morris International by 4.9% in the first quarter. UBS Asset Management Americas Inc. now owns 5,354,506 shares of the company’s stock valued at $604,524,000 after purchasing an additional 251,734 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

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Shares of Philip Morris International Inc (PM) opened at 104.64 on Wednesday. The stock has a market cap of $162.53 billion, a P/E ratio of 23.19 and a beta of 0.93. The stock has a 50 day moving average price of $111.85 and a 200 day moving average price of $115.39. Philip Morris International Inc has a 12 month low of $86.78 and a 12 month high of $123.55.

Philip Morris International (NYSE:PM) last posted its earnings results on Thursday, October 19th. The company reported $1.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.38 by ($0.11). Philip Morris International had a net margin of 9.32% and a negative return on equity of 67.59%. The company had revenue of $7.50 billion for the quarter, compared to the consensus estimate of $7.75 billion. During the same quarter last year, the business earned $1.25 earnings per share. Philip Morris International’s quarterly revenue was up 7.4% on a year-over-year basis. Equities analysts anticipate that Philip Morris International Inc will post $4.75 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, October 12th. Shareholders of record on Wednesday, September 27th were issued a dividend of $1.07 per share. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.04. This represents a $4.28 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend was Tuesday, September 26th. Philip Morris International’s dividend payout ratio (DPR) is 94.48%.

Several equities analysts recently commented on the company. SBG Securities upgraded Philip Morris International from a “sell” rating to a “hold” rating and upped their target price for the company from $118.00 to $119.00 in a research note on Friday, August 11th. Zacks Investment Research upgraded Philip Morris International from a “sell” rating to a “hold” rating in a research note on Monday. Jefferies Group LLC reiterated a “hold” rating and issued a $120.00 target price on shares of Philip Morris International in a research note on Thursday, September 28th. Piper Jaffray Companies reissued a “buy” rating and set a $130.00 price target on shares of Philip Morris International in a research report on Sunday, October 22nd. Finally, BidaskClub downgraded Philip Morris International from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Philip Morris International currently has an average rating of “Buy” and a consensus target price of $124.62.

In other Philip Morris International news, Chairman Louis C. Camilleri sold 108,979 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $108.38, for a total transaction of $11,811,144.02. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Drago Azinovic sold 14,000 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $116.00, for a total value of $1,624,000.00. The disclosure for this sale can be found here. 0.23% of the stock is owned by company insiders.

Philip Morris International Company Profile

Philip Morris International Inc is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.

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Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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