Philip Morris International Inc (PM) Holdings Maintained by P.A.W. Capital Corp

P.A.W. Capital Corp maintained its position in Philip Morris International Inc (NYSE:PM) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,000 shares of the company’s stock at the end of the second quarter. P.A.W. Capital Corp’s holdings in Philip Morris International were worth $822,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in PM. C WorldWide Group Holding A S boosted its position in shares of Philip Morris International by 70.9% during the 1st quarter. C WorldWide Group Holding A S now owns 3,027,193 shares of the company’s stock worth $341,770,000 after purchasing an additional 1,255,776 shares in the last quarter. Swiss National Bank lifted its position in Philip Morris International by 26.2% in the 1st quarter. Swiss National Bank now owns 5,726,731 shares of the company’s stock valued at $646,548,000 after acquiring an additional 1,189,800 shares in the last quarter. State Street Corp lifted its position in Philip Morris International by 1.8% in the 1st quarter. State Street Corp now owns 59,926,871 shares of the company’s stock valued at $6,766,079,000 after acquiring an additional 1,058,408 shares in the last quarter. Canada Pension Plan Investment Board lifted its position in Philip Morris International by 42.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 2,091,110 shares of the company’s stock valued at $236,086,000 after acquiring an additional 618,100 shares in the last quarter. Finally, Karp Capital Management Corp lifted its position in Philip Morris International by 4,117.4% in the 1st quarter. Karp Capital Management Corp now owns 561,679 shares of the company’s stock valued at $63,414,000 after acquiring an additional 548,361 shares in the last quarter. 72.02% of the stock is currently owned by institutional investors.

Philip Morris International Inc (NYSE PM) traded down 1.56% during midday trading on Friday, reaching $117.06. 3,660,047 shares of the company’s stock traded hands. The firm’s 50-day moving average is $116.44 and its 200 day moving average is $115.19. The firm has a market cap of $181.82 billion, a PE ratio of 25.94 and a beta of 0.94. Philip Morris International Inc has a 52-week low of $86.78 and a 52-week high of $123.55.

Philip Morris International (NYSE:PM) last issued its earnings results on Thursday, July 20th. The company reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by $0.09. The firm had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $7.11 billion. Philip Morris International had a negative return on equity of 66.18% and a net margin of 9.36%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.15 EPS. Equities research analysts expect that Philip Morris International Inc will post $4.83 earnings per share for the current fiscal year.

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PM has been the topic of several recent research reports. Vetr cut shares of Philip Morris International from a “hold” rating to a “sell” rating and set a $108.70 price target on the stock. in a research report on Monday, May 15th. TheStreet raised shares of Philip Morris International from a “c+” rating to a “b-” rating in a research report on Thursday, July 20th. BidaskClub cut shares of Philip Morris International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 27th. Zacks Investment Research raised shares of Philip Morris International from a “hold” rating to a “buy” rating and set a $132.00 price target on the stock in a research report on Tuesday, July 11th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a $133.00 price target (down previously from $134.00) on shares of Philip Morris International in a research report on Saturday, July 22nd. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $122.79.

In other news, insider Drago Azinovic sold 14,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $116.00, for a total value of $1,624,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.23% of the company’s stock.

Philip Morris International 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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