New Republic Capital LLC Has $241,000 Position in Philip Morris International Inc. (NYSE:PM)

New Republic Capital LLC decreased its position in shares of Philip Morris International Inc. (NYSE:PM) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,002 shares of the company’s stock after selling 113 shares during the period. New Republic Capital LLC’s holdings in Philip Morris International were worth $241,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Annex Advisory Services LLC raised its stake in Philip Morris International by 1.6% during the third quarter. Annex Advisory Services LLC now owns 13,380 shares of the company’s stock worth $1,624,000 after acquiring an additional 212 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in shares of Philip Morris International by 3.9% during the third quarter. Koshinski Asset Management Inc. now owns 12,348 shares of the company’s stock worth $1,499,000 after buying an additional 462 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of Philip Morris International by 84.8% in the 3rd quarter. Sound Income Strategies LLC now owns 3,274 shares of the company’s stock valued at $397,000 after acquiring an additional 1,502 shares during the last quarter. Thomasville National Bank lifted its stake in shares of Philip Morris International by 1.6% in the 3rd quarter. Thomasville National Bank now owns 42,466 shares of the company’s stock valued at $5,155,000 after acquiring an additional 679 shares during the last quarter. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Philip Morris International during the 3rd quarter valued at $313,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Performance

Shares of NYSE:PM opened at $146.58 on Tuesday. The company has a market capitalization of $227.91 billion, a P/E ratio of 32.50, a price-to-earnings-growth ratio of 2.55 and a beta of 0.55. The company’s 50-day moving average is $125.66 and its 200 day moving average is $124.06. Philip Morris International Inc. has a fifty-two week low of $87.82 and a fifty-two week high of $146.78.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.06. Philip Morris International had a net margin of 9.24% and a negative return on equity of 120.08%. As a group, research analysts predict that Philip Morris International Inc. will post 7.11 earnings per share for the current year.

Philip Morris International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, December 26th were issued a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend was Thursday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is currently 119.73%.

Analyst Ratings Changes

Several research firms have recently weighed in on PM. UBS Group boosted their price target on Philip Morris International from $105.00 to $120.00 and gave the stock a “sell” rating in a report on Friday. Stifel Nicolaus raised their price objective on Philip Morris International from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday. Barclays reduced their target price on Philip Morris International from $155.00 to $145.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. StockNews.com lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Monday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Philip Morris International from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $134.35.

Philip Morris International 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.