Private Trust Co. NA decreased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,849 shares of the company’s stock after selling 806 shares during the quarter. Philip Morris International accounts for approximately 0.9% of Private Trust Co. NA’s holdings, making the stock its 23rd biggest position. Private Trust Co. NA’s holdings in Philip Morris International were worth $4,210,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Doliver Capital Advisors LP grew its holdings in shares of Philip Morris International by 8.1% during the third quarter. Doliver Capital Advisors LP now owns 29,755 shares of the company’s stock valued at $3,303,000 after buying an additional 2,242 shares in the last quarter. Hourglass Capital LLC grew its holdings in shares of Philip Morris International by 0.9% during the second quarter. Hourglass Capital LLC now owns 76,258 shares of the company’s stock valued at $8,957,000 after buying an additional 650 shares in the last quarter. WFG Advisors LP grew its holdings in shares of Philip Morris International by 30.1% during the second quarter. WFG Advisors LP now owns 12,753 shares of the company’s stock valued at $1,498,000 after buying an additional 2,951 shares in the last quarter. Wedbush Securities Inc. grew its holdings in shares of Philip Morris International by 28.0% during the second quarter. Wedbush Securities Inc. now owns 18,832 shares of the company’s stock valued at $2,212,000 after buying an additional 4,123 shares in the last quarter. Finally, Swiss National Bank boosted its position in Philip Morris International by 1.0% during the third quarter. Swiss National Bank now owns 5,958,031 shares of the company’s stock valued at $661,401,000 after purchasing an additional 58,900 shares during the last quarter. Institutional investors and hedge funds own 72.38% of the company’s stock.

A number of analysts recently issued reports on PM shares. Societe Generale raised Philip Morris International from a “hold” rating to a “buy” rating in a research report on Friday, October 20th. Zacks Investment Research cut Philip Morris International from a “hold” rating to a “sell” rating in a research report on Monday, December 11th. Jefferies Group raised Philip Morris International from a “hold” rating to a “buy” rating and set a $124.00 price objective for the company in a research report on Friday, January 19th. Piper Jaffray Companies reissued an “overweight” rating and set a $137.00 price objective (up previously from $130.00) on shares of Philip Morris International in a research report on Thursday, January 11th. Finally, Bank of America reduced their price objective on Philip Morris International from $124.00 to $121.00 and set a “neutral” rating for the company in a research report on Friday, October 20th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Philip Morris International has a consensus rating of “Buy” and a consensus target price of $123.79.

Shares of Philip Morris International Inc. (NYSE:PM) opened at $99.94 on Friday. Philip Morris International Inc. has a 12-month low of $96.66 and a 12-month high of $123.55. The firm has a market capitalization of $154,530.00, a PE ratio of 25.82, a price-to-earnings-growth ratio of 1.99 and a beta of 0.85. The company has a debt-to-equity ratio of -3.06, a current ratio of 1.35 and a quick ratio of 0.68.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Thursday, February 8th. The company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.04). Philip Morris International had a negative return on equity of 71.99% and a net margin of 7.73%. The company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.17 billion. During the same period in the prior year, the firm earned $1.10 EPS. Philip Morris International’s quarterly revenue was up 19.0% on a year-over-year basis. sell-side analysts expect that Philip Morris International Inc. will post 5.29 EPS for the current fiscal year.

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About Philip Morris International

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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