Alliance Wealth Advisors LLC UT Secures $623,000 Position in Philip Morris International Inc. (NYSE:PM)

Financial Advisors


Alliance Wealth Advisors LLC UT purchased new shares in Philip Morris International Inc. (NYSE:PM – Get Rating) in the fourth quarter, according to the company’s latest filings with the U.S. Securities and Exchange Commission. purchased 6,159 shares of the Company’s stock valued at approximately $623,000.

Several other hedge funds and other institutional investors have also recently changed their PM holdings. Mark Sheptoff Financial Planning LLC purchased a new stake in Philip Morris International for his $25,000 equivalent in the third quarter. Riverpoint Wealth Management Holdings LLC bought a new stake in Philip Morris International for his $25,000 in the fourth quarter. Red Tortoise LLC bought a new stake in Philip Morris International for his $29,000 in the fourth quarter. Winch Advisory Services LLC expanded his position at Philip Morris International by 200.0% in the fourth quarter. Winch Advisory Services LLC now owns 294 shares worth $30,000 after acquiring an additional 196 shares during the previous quarter. Finally, My Personal CFO LLC purchased new stock in Philip Morris International for his $31,000 in the fourth quarter. An institutional investor owns his 75.85% of the company’s shares.

Wall Street analyst opinion

PM has been the topic of many research papers. UBS Group upgraded Philip Morris International from a ‘neutral’ rating to a ‘buy’ rating and raised its price target from $106.00 to $116.00 for Philip Morris International in a research report on Wednesday, March 1. Morgan Stanley raised its price target for Philip Morris International from $109.00 to his $118.00, giving it an “Overweight” rating in its research report on Thursday, Feb. 2. JPMorgan Chase & Co. upgraded Philip Morris International from a Neutral rating to an Overweight rating and raised its price target from $109.00 to $116.00 in a research report on Thursday, March 30. rice field. Societe Generale began covering Philip Morris International with an investigative report on Monday 23 January. They issued a “sell” rating and a price target of $90.00. Finally, StockNews.com began covering Philip Morris International in his investigative report on Thursday, March 16th. They issued a “Hold” rating on the stock. One investment analyst gave a sell rating, three assigned a hold rating, and seven gave a buy rating to the company’s stock. According to MarketBeat, Philip Morris International currently has an average rating of “moderate buy” with an average price target of $110.60.

Philip Morris International Stock Performance

NYSE:PM shares climbed $1.18 in midday trading on Friday to reach $95.56. The company’s stock had a trading volume of 2,426,794 shares, with an average trading volume of 3,588,482 shares for him. The company has a market capitalization of $148.33 billion, a price/earnings ratio of 17.09, a PEG ratio of 2.39 and a beta of 0.68. The company has a 50-day moving average price of $97.39 and a 200-day moving average price of $98.32. Philip Morris International Inc. has a 52-week low of $82.85 and a 52-week high of $109.81.

Philip Morris International (NYSE:PM – Get Rating) last reported quarterly earnings data on Thursday, April 20. The company reported his earnings per share (EPS) of $1.38 for the quarter, $0.04 above analyst consensus expectations of $1.34. The company posted $8.1 billion in revenue for the quarter, compared to consensus expectations of $8.03 billion. Philip Morris International had a return on equity of 128.55% and a net profit margin of 10.80%. The company’s revenue increased by 4.6% compared to the same quarter last year. A year ago, he earned EPS of $1.56. As a group, research analysts expect Philip Morris International to post his 6.2 earnings per share this year.

Philip Morris International Announces Dividend

The company recently announced a quarterly dividend, which was paid on Tuesday, April 11th. Investors of record on Thursday, March 23rd were paid a dividend of $1.27 per share. This represents his $5.08 dividend and his 5.32% yield on an annual basis. The ex-dividend date for this dividend was Wednesday, March 22nd. Philip Morris International’s Dividend Payout Ratio (DPR) is currently at 90.88%.

insider trading

In related news, insider Werner Barth sold 8,000 shares of the company’s stock in a transaction that took place Thursday, March 2nd. The shares sold at an average price of $98.35 for a total transaction value of $786,800.00. After the transaction, insiders now directly own 87,321 shares of the company’s stock valued at approximately $8,588,020.35. The transaction was disclosed in documents filed with the SEC and can be accessed at this link. In other news from Philip Morris International, his insider, Werner Barth, sold 8,000 shares of the company’s stock in a transaction that took place Thursday, March 2nd. The shares sold at an average price of $98.35 for a total transaction value of $786,800.00. Following the closing of the sale, Insiders now directly own 87,321 shares of the company’s stock valued at approximately $8,588,020.35. The sale is disclosed in filings with the Securities and Exchange Commission, which can be accessed on his website at the SEC. Insider Stacey Kennedy also sold 20,308 shares of the business in a transaction that took place on Friday, February 17. The shares were sold at an average price of $100.30 for a total of $2,036,892.40. After the sale, insiders now directly own 22,418 shares of the Company’s stock valued at $2,248,525.40. Please see here for the disclosure of this sale. In the past three months, insiders have sold 117,064 shares of the company stock valued at $11,738,763. His 0.13% of the shares are owned by insiders.

Philip Morris International Profile

(get rating)

Philip Morris International, Inc is a holding company engaged in the manufacture and sale of tobacco, tobacco and nicotine-containing products. Its products include tobacco and reduced risk products including heated, vapor and oral nicotine products. The company operates through the geographic segments of European Union, Eastern Europe, Middle East and Africa, South and Southeast Asia, East Asia and Australia, and Americas.

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Quarterly Institutional Ownership of Philip Morris International (NYSE:PM)

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