Published: Wed, May 24, 2017
Money | By Armando Alvarado

Philip Morris International Inc. (PM) Cut to Sell at Vetr Inc


The 5 months bearish chart indicates high risk for the $16.76B company. The stock has an average rating of "Buy" and an average price target of $115.58. It is down 51.75% since May 23, 2016 and is uptrending. Zacks Investment Research upgraded shares of Philip Morris International from a hold rating to a buy rating and set a $126.00 price objective on the stock in a research report on Wednesday, March 29th. Therefore 60% are positive. (NYSE:PM) news were published by: Seekingalpha.com which released: "Philip Morris: Dividend Stock Analysis" on May 22, 2017, also Fool.com with their article: "Better Buy: Procter & Gamble Co. vs. Philip Morris International Inc." published on May 01, 2017, Finance.Yahoo.com published: "Philip Morris International Inc". Vetr upgraded the stock to "Buy" rating in Monday, August 24 report. The firm earned "Buy" rating on Monday, November 14 by CLSA. (NYSE:PM) on Monday, September 12 to "Buy" rating.

Currently, the market capitalization of Philip Morris International, Inc. Atlas Brown Inc. boosted its position in Philip Morris International by 10.0% in the first quarter. The company was upgraded on Friday, June 17 by JP Morgan. Commonwealth Bank Of Aus invested 0% in Philip Morris International Inc. The stock rose 0.46% or $0.54 reaching $116.76. The firm has "Buy" rating by Goldman Sachs given on Monday, October 3. See Philip Morris International Inc. The company has market cap of $184.49 billion. 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. It has a 11.38 P/E ratio. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.

Investors sentiment is 1.03 in 2016 Q4.

Independence Advisors LLC purchased a new stake in shares of Philip Morris International Inc. Pitcairn Company has invested 0.16% in Philip Morris International Inc. (NYSE:PM) for 46,000 shares. Fuller And Thaler Asset Mgmt stated it has 0.02% in Philip Morris International Inc. The stock has "Buy" rating by Bank of America on Thursday, March 24. Vantage Investment Advisors LLC increased its position in shares of Philip Morris International by 1.6% in the third quarter. (NYSE:PM) for 12,150 shares. Professional Advisory Svcs, Florida-based fund reported 2,350 shares. $6.20M worth of Philip Morris International Inc. (NYSE:PM) or 15,203 shares. Chevy Chase Trust Holdings Inc. now owns 1,345,316 shares of the company's stock valued at $151,885,000 after buying an additional 41,396 shares during the period. During the same quarter in the prior year, the firm earned $0.98 EPS. Cumberland Partners Ltd holds 34,675 shares or 0.48% of its portfolio.

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About 135,315 shares traded. Rollins Inc now has $9.39 billion valuation. It is down 16.65% since May 23, 2016 and is uptrending. It has underperformed by 0.05% the S&P500. The original version of this news story can be read at https://www.thecerbatgem.com/2017/05/23/independence-advisors-llc-invests-244000-in-philip-morris-international-inc-pm-updated.html. Another trade for 60,000 shares valued at $6.20M was made by CAMILLERI LOUIS C on Friday, February 17. On Wednesday, February 15 the insider FIRESTONE MARC S sold $1.75M. (NYSE:PM) for 435,462 shares.

Autozone, Inc.is a retailer and distributor of automotive replacement parts and accessories in the United States. Martingale Asset Management LP who had been investing in Philip Morris Int'l for a number of months, seems to be bullish on the $182.90B market cap company. The Firm operates through two divisions: Media Networks and Filmed Entertainment. Its up 0.06, from 0.82 in 2016Q3. Inv Counsel holds 0.11% or 2,390 shares in its portfolio. 71 funds opened positions while 145 raised stakes. Telemus Capital Llc reported 23,581 shares. Shell Asset Management owns 3,829 shares or 0.01% of their U.S. portfolio. Moreover, Mckinley Carter Wealth has 0.56% invested in Philip Morris International Inc. Logan Capital Mngmt Inc holds 162,145 shares or 1.19% of its portfolio. Eaton Vance invested in 3,080 shares or 0% of the stock. (NYSE:PM). Premier Asset Managment Ltd holds 5,575 shares. 5,645 were reported by Wealth Architects Ltd Limited Liability Company. (NYSE:AZO). Lmr Ptnrs Llp holds 0.04% in AutoZone, Inc. 3,163 are held by Gw Henssler Assocs Limited. Exane Derivatives holds 25 shares or 0% of its portfolio. The institutional investor purchased 2,162 shares of the company's stock, valued at approximately $244,000.

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