Uncommon Cents Investing LLC Purchases 1,125 Shares of Philip Morris International Inc. (NYSE:PM)

Uncommon Cents Investing LLC increased its position in shares of Philip Morris International Inc. (NYSE:PM) by 35.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,261 shares of the company’s stock after buying an additional 1,125 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Philip Morris International were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. PCA Investment Advisory Services Inc. bought a new stake in Philip Morris International in the 2nd quarter valued at $27,000. Headlands Technologies LLC acquired a new position in shares of Philip Morris International in the 3rd quarter valued at $27,000. DHJJ Financial Advisors Ltd. acquired a new position in shares of Philip Morris International in the 3rd quarter valued at $36,000. Legacy Financial Group LLC acquired a new position in shares of Philip Morris International in the 3rd quarter valued at $37,000. Finally, VitalStone Financial LLC raised its stake in shares of Philip Morris International by 950.0% in the 2nd quarter. VitalStone Financial LLC now owns 420 shares of the company’s stock valued at $41,000 after buying an additional 380 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

PM traded down $0.64 during midday trading on Thursday, hitting $91.59. The company had a trading volume of 5,311,892 shares, compared to its average volume of 5,430,423. The company has a market capitalization of $142.19 billion, a PE ratio of 18.31, a P/E/G ratio of 2.04 and a beta of 0.61. Philip Morris International Inc. has a twelve month low of $87.23 and a twelve month high of $101.92. The firm’s 50-day simple moving average is $91.53 and its 200-day simple moving average is $92.47.

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

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 9th. Investors of record on Thursday, March 21st will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 5.68%. The ex-dividend date is Wednesday, March 20th. Philip Morris International’s payout ratio is 103.59%.

Insider Buying and Selling

In related news, VP Reginaldo Dobrowolski sold 2,000 shares of Philip Morris International stock in a transaction that occurred 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 transaction, the vice president now owns 9,726 shares of the company’s stock, valued at approximately $882,050.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Philip Morris International news, VP Reginaldo Dobrowolski sold 2,000 shares of the firm’s stock in a transaction that occurred 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 approximately $882,050.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Massimo Andolina sold 8,250 shares of the firm’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 transaction of $772,447.50. Following the sale, the insider now owns 94,629 shares in the company, valued at $8,860,113.27. 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. 0.13% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on PM shares. UBS Group cut shares of Philip Morris International from a “buy” rating to a “sell” rating and dropped their price objective for the company from $105.00 to $86.50 in a research note on Tuesday, January 23rd. Argus restated a “hold” rating on shares of Philip Morris International in a research note on Tuesday, March 5th. JPMorgan Chase & Co. increased their price objective 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. Finally, Societe Generale upgraded 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 report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $105.40.

Philip Morris International Company 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.