Traders Buy Shares of Philip Morris International (PM) on Weakness

Share

Swarthmore Group Inc bought 5,100 shares as the company's stock rose 3.83% with the market. Pitcairn Company reported 12,402 shares stake. The company's market cap is $162.86 Billion, and the average volume is $4.44 Million.

Shares of Philip Morris International (PM) traded up $0.84 during midday trading on Tuesday, reaching $105.65. About 3.29M shares traded.

Philip Morris International Inc. has a 12-month low of $90.15 and a 12-month high of $123.55. T-Mobile US, Inc. (NYSE:TMUS) has risen 62.63% since January 17, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Joshua Nash increased its stake in Liberty Interactive Corp (QVCA) by 83.01% based on its latest 2017Q3 regulatory filing with the SEC. Bkd Wealth Advisors Llc bought 2,791 shares as the company's stock rose 10.69% with the market. The institutional investor held 7.31 million shares of the farming and seeds and milling company at the end of 2017Q3, valued at $812.09 million, down from 7.42M at the end of the previous reported quarter. (NYSE:PM). First Manhattan invested in 1.57 million shares or 1% of the stock. Great West Life Assurance Can holds 0.49% or 1.77M shares. It has underperformed by 7.39% the S&P500. (NYSE:PM) for 50,005 shares. De Shon Larry D sold $1.05 million worth of Avis Budget Group, Inc. 4,740 shares were sold by STERLING MICHELLE M, worth $245,919 on Sunday, August 20. Moors And Cabot Incorporated reported 116,689 shares. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Therefore 72% are positive.

Analysts await Orbotech Ltd. (NASDAQ:ORBK) to report earnings on February, 14. As per Friday, July 31, the company rating was maintained by Canaccord Genuity. The firm has "Neutral" rating by Nomura given on Monday, January 23. The rating was maintained by Axiom Capital on Thursday, August 6 with "Buy". The firm has "Buy" rating by CLSA given on Monday, November 14. On Thursday, April 21 the stock rating was upgraded by Societe Generale to "Hold".

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th.

Investors sentiment decreased to 1.36 in 2017 Q3. Its down 0.30, from 1.36 in 2017Q2. It improved, as 30 investors sold BUD shares while 138 reduced holdings. 67 funds opened positions while 169 raised stakes. Davidson Invest Advsr holds 1.41% or 117,257 shares in its portfolio. Jpmorgan Chase And reported 22 shares or 0% of all its holdings. Ray Gerald L & Assoc Ltd owns 35,110 shares. Philip Morris International's dividend payout ratio is presently 94.48%. Stearns Financial Service Group Incorporated owns 9,265 shares. Hyman Charles D reported 89,104 shares. Clifford Swan Counsel Ltd Company has 5,535 shares. Stephens Ar holds 155,081 shares or 0.62% of its portfolio. 8,215 were reported by Pinnacle Advisory Gru. Kayne Anderson Rudnick Invest Mgmt Ltd Limited Liability Company accumulated 345,536 shares. Welch Gp Ltd Liability invested in 0.13% or 6,834 shares. Tocqueville Asset Management Lp holds 14,018 shares. 309,201 were reported by Oregon Employees Retirement Fund. It also reduced its holding in Spdr S&P 500 Etf Tr (SPY) by 595,747 shares in the quarter, leaving it with 3,853 shares, and cut its stake in Syntel Inc (NASDAQ:SYNT).

Investors sentiment increased to 0.97 in 2017 Q3. Its down 0.10, from 1.46 in 2017Q2.

A number of other institutional investors have also recently added to or reduced their stakes in PM. 112 funds opened positions while 452 raised stakes. Massachusetts-based State Street has invested 0.56% in Philip Morris International Inc.

Several equities research analysts have weighed in on PM shares. Welch And Forbes owns 23,706 shares. Gulf Bankshares (Uk) owns 32,281 shares for 0.05% of their portfolio. Markston Intll Limited Liability Co holds 0.57% of its portfolio in Philip Morris International Inc. About 2.47 million shares traded. (NYSE:PM). Davidson Inv Advsrs has invested 1.41% of its portfolio in Philip Morris International Inc. The Relative Volume value measured for Philip Morris International, Inc. stands at 1.32. 1 were sells. Insider ownership decreased by a total of 108979 shares, which suggests that PM's key executives are feeling less optimistic about the outlook for the stock. Capital One National Association reported 53,180 shares. Investment Management Of Virginia Lc owns 0.28% invested in Philip Morris International Inc.

Provise Management Group Llc decreased Philip Morris Intl Inc (PM) stake by 16.95% reported in 2017Q3 SEC filing. (NYSE:PM) is -6.82% below its 200-day moving average, providing a measure of resistance for long positions. Sabby Mngmt Ltd Llc holds 0.02% or 155,027 shares.

Since August 30, 2017, it had 0 insider buys, and 2 insider sales for $13.44 million activity. CAMILLERI LOUIS C had sold 108,979 shares worth $11.81M. Finally, Bank of America dropped their price objective on shares of Philip Morris International from $124.00 to $121.00 and set a "neutral" rating for the company in a research note on Friday, October 20th. The rating was maintained by M Partners with "Buy" on Thursday, October 12. On Thursday, August 31 the stock rating was maintained by Stifel Nicolaus with "Buy". The company was maintained on Friday, October 20 by Bank of America. The stock has "Buy" rating by Canaccord Genuity on Thursday, July 20. The company was maintained on Wednesday, January 10 by Stifel Nicolaus.

Newell Brands Inc. (NYSE:NWL), maintained return on investment for the last twelve months at 4.12, higher than what Reuters data shows regarding industry's average. As per Friday, August 18, the company rating was maintained by Piper Jaffray. The firm has "Hold" rating by Jefferies given on Tuesday, June 20. The firm has "Buy" rating by Deutsche Bank given on Wednesday, November 8.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Share