Investors purchased shares of Philip Morris International Inc. (NYSE:PM) on weakness during trading hours on Tuesday. $66.53 million flowed into the stock on the tick-up and $33.31 million flowed out of the stock on the tick-down, for a money net flow of $33.22 million into the stock. Of all companies tracked, Philip Morris International had the 19th highest net in-flow for the day. Philip Morris International traded down ($0.54) for the day and closed at $104.11

Several analysts have recently commented on the stock. Jefferies Group reiterated a “hold” rating and issued a $120.00 price target on shares of Philip Morris International in a research report on Thursday, September 28th. Cowen reiterated a “buy” rating on shares of Philip Morris International in a research report on Sunday, September 24th. Goldman Sachs Group assumed coverage on shares of Philip Morris International in a research report on Monday, October 2nd. They issued a “buy” rating on the stock. Piper Jaffray Companies reiterated a “buy” rating and issued a $130.00 price target on shares of Philip Morris International in a research report on Sunday, October 22nd. Finally, Societe Generale raised shares of Philip Morris International from a “hold” rating to a “buy” rating in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. Philip Morris International currently has a consensus rating of “Hold” and a consensus target price of $124.23.

The company has a debt-to-equity ratio of -2.91, a quick ratio of 0.68 and a current ratio of 1.13. The firm has a market cap of $162,542.69, a P/E ratio of 22.98, a PEG ratio of 2.12 and a beta of 0.90.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 11th. Shareholders of record on Thursday, December 21st will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date of this dividend is Wednesday, December 20th. Philip Morris International’s dividend payout ratio is currently 94.48%.

In other Philip Morris International news, Chairman Louis C. Camilleri sold 108,979 shares of the stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $108.38, for a total transaction of $11,811,144.02. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.23% of the company’s stock.

A number of large investors have recently bought and sold shares of PM. Acropolis Investment Management LLC increased its position in shares of Philip Morris International by 0.5% in the second quarter. Acropolis Investment Management LLC now owns 1,045 shares of the company’s stock worth $123,000 after acquiring an additional 5 shares in the last quarter. Novare Capital Management LLC increased its position in shares of Philip Morris International by 0.3% in the second quarter. Novare Capital Management LLC now owns 1,842 shares of the company’s stock worth $216,000 after acquiring an additional 5 shares in the last quarter. Hudock Capital Group LLC increased its position in shares of Philip Morris International by 0.3% in the second quarter. Hudock Capital Group LLC now owns 3,144 shares of the company’s stock worth $369,000 after acquiring an additional 8 shares in the last quarter. Jackson Grant Investment Advisers Inc. increased its position in shares of Philip Morris International by 0.3% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 3,368 shares of the company’s stock worth $396,000 after acquiring an additional 10 shares in the last quarter. Finally, Vantage Investment Advisors LLC increased its position in shares of Philip Morris International by 1.0% in the second quarter. Vantage Investment Advisors LLC now owns 1,033 shares of the company’s stock worth $121,000 after acquiring an additional 10 shares in the last quarter. 72.36% of the stock is currently owned by institutional investors.

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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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