San Luis Wealth Advisors LLC Has $849,000 Stock Position in Philip Morris International Inc. (NYSE:PM)

San Luis Wealth Advisors LLC lifted its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 14.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,055 shares of the company’s stock after buying an additional 876 shares during the quarter. San Luis Wealth Advisors LLC’s holdings in Philip Morris International were worth $849,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. American Century Companies Inc. boosted its stake in Philip Morris International by 24.5% during the 2nd quarter. American Century Companies Inc. now owns 8,701 shares of the company’s stock worth $882,000 after acquiring an additional 1,715 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of Philip Morris International by 12.0% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 17,946 shares of the company’s stock valued at $1,818,000 after buying an additional 1,919 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Philip Morris International by 79.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 5,878,158 shares of the company’s stock worth $595,634,000 after buying an additional 2,599,684 shares during the period. Dimensional Fund Advisors LP grew its stake in Philip Morris International by 9.6% in the second quarter. Dimensional Fund Advisors LP now owns 3,126,834 shares of the company’s stock valued at $316,849,000 after acquiring an additional 274,872 shares during the period. Finally, Citizens Financial Group Inc. RI raised its position in shares of Philip Morris International by 18.3% during the second quarter. Citizens Financial Group Inc. RI now owns 14,281 shares of the company’s stock worth $1,447,000 after purchasing an additional 2,205 shares during the period. 78.63% of the stock is owned by institutional investors.

Philip Morris International Price Performance

Shares of NYSE PM opened at $118.41 on Wednesday. The firm has a market cap of $184.11 billion, a price-to-earnings ratio of 18.80, a P/E/G ratio of 2.22 and a beta of 0.54. The stock’s fifty day moving average price is $125.80 and its two-hundred day moving average price is $121.07. Philip Morris International Inc. has a one year low of $87.82 and a one year high of $134.15.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.09. Philip Morris International had a net margin of 10.35% and a negative return on equity of 117.94%. The business had revenue of $9.91 billion for the quarter, compared to analyst estimates of $9.68 billion. During the same period last year, the firm earned $1.67 earnings per share. Philip Morris International’s revenue for the quarter was up 8.4% compared to the same quarter last year. On average, equities analysts anticipate that Philip Morris International Inc. will post 6.51 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, December 26th were given a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date of this dividend was Thursday, December 26th. Philip Morris International’s payout ratio is currently 85.71%.

Insiders Place Their Bets

In other news, insider Werner Barth sold 7,500 shares of the stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $129.98, for a total value of $974,850.00. Following the completion of the transaction, the insider now owns 95,418 shares of the company’s stock, valued at approximately $12,402,431.64. This represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Andre Calantzopoulos sold 101,918 shares of Philip Morris International stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $129.85, for a total transaction of $13,234,052.30. Following the sale, the chairman now directly owns 959,761 shares in the company, valued at $124,624,965.85. This trade represents a 9.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on PM. UBS Group boosted their target price on Philip Morris International from $103.00 to $105.00 and gave the company a “sell” rating in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. lifted their target price on Philip Morris International from $125.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. Citigroup increased their price target on Philip Morris International from $118.50 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. The Goldman Sachs Group raised their price target on Philip Morris International from $126.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, September 26th. Finally, Barclays cut their price objective on Philip Morris International from $155.00 to $145.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $130.39.

About Philip Morris International

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.