Holland Advisory Services Inc. Has $1.21 Million Stock Position in Philip Morris International Inc. (NYSE:PM)

Holland Advisory Services Inc. trimmed its position in Philip Morris International Inc. (NYSE:PM) by 7.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,605 shares of the company’s stock after selling 648 shares during the quarter. Philip Morris International accounts for 1.8% of Holland Advisory Services Inc.’s holdings, making the stock its 7th biggest holding. Holland Advisory Services Inc.’s holdings in Philip Morris International were worth $1,207,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Omnia Family Wealth LLC increased its position in shares of Philip Morris International by 1.7% during the fourth quarter. Omnia Family Wealth LLC now owns 3,851 shares of the company’s stock valued at $469,000 after buying an additional 65 shares during the period. Meridian Wealth Partners LLC boosted its position in shares of Philip Morris International by 4.1% in the fourth quarter. Meridian Wealth Partners LLC now owns 1,781 shares of the company’s stock valued at $214,000 after acquiring an additional 70 shares during the period. NewSquare Capital LLC grew its stake in Philip Morris International by 53.7% during the fourth quarter. NewSquare Capital LLC now owns 206 shares of the company’s stock valued at $25,000 after acquiring an additional 72 shares in the last quarter. Chesley Taft & Associates LLC increased its holdings in Philip Morris International by 1.1% during the 1st quarter. Chesley Taft & Associates LLC now owns 6,502 shares of the company’s stock worth $1,032,000 after acquiring an additional 72 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its holdings in Philip Morris International by 2.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,628 shares of the company’s stock worth $437,000 after acquiring an additional 73 shares during the period. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 0.1%

NYSE PM opened at $181.77 on Friday. The stock’s 50-day simple moving average is $167.81 and its two-hundred day simple moving average is $147.46. Philip Morris International Inc. has a twelve month low of $98.93 and a twelve month high of $183.94. The company has a market capitalization of $282.93 billion, a price-to-earnings ratio of 40.30, a PEG ratio of 2.65 and a beta of 0.52.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.61 by $0.08. The firm had revenue of $9.30 billion for the quarter, compared to analyst estimates of $9.10 billion. Philip Morris International had a negative return on equity of 120.08% and a net margin of 7.89%. The company’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.50 EPS. On average, equities analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on the stock. Bank of America raised their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday. Needham & Company LLC began coverage on Philip Morris International in a research report on Thursday, May 22nd. They issued a “buy” rating on the stock. Argus raised Philip Morris International from a “hold” rating to a “buy” rating in a research note on Friday, March 14th. Barclays upped their target price on Philip Morris International from $175.00 to $205.00 and gave the stock an “overweight” rating in a research note on Friday, May 2nd. Finally, JPMorgan Chase & Co. raised their price target on Philip Morris International from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and an average target price of $175.30.

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.