Rathbone Brothers plc decreased its holdings in Philip Morris International Inc. (NYSE:PM) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 288,882 shares of the company’s stock after selling 4,856 shares during the period. Philip Morris International comprises approximately 1.2% of Rathbone Brothers plc’s investment portfolio, making the stock its 26th biggest holding. Rathbone Brothers plc’s holdings in Philip Morris International were worth $30,520,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. NewSquare Capital LLC increased its stake in shares of Philip Morris International by 6,572.3% during the third quarter. NewSquare Capital LLC now owns 101,753 shares of the company’s stock worth $116,000 after purchasing an additional 100,228 shares during the period. Vantage Investment Advisors LLC increased its stake in shares of Philip Morris International by 1.0% during the second quarter. Vantage Investment Advisors LLC now owns 1,033 shares of the company’s stock worth $121,000 after purchasing an additional 10 shares during the period. Cerebellum GP LLC bought a new position in shares of Philip Morris International during the fourth quarter worth approximately $128,000. Financial Engines Advisors L.L.C. grew its position in Philip Morris International by 399.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 1,203 shares of the company’s stock worth $134,000 after buying an additional 962 shares in the last quarter. Finally, Asset Dedication LLC acquired a new stake in Philip Morris International during the fourth quarter worth approximately $134,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

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In other news, insider Marc S. Firestone sold 13,650 shares of Philip Morris International stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $104.63, for a total value of $1,428,199.50. Following the completion of the transaction, the insider now directly owns 189,199 shares of the company’s stock, valued at approximately $19,795,891.37. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Andre Calantzopoulos sold 49,000 shares of Philip Morris International stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $103.66, for a total value of $5,079,340.00. Following the completion of the transaction, the chief executive officer now directly owns 792,765 shares of the company’s stock, valued at $82,178,019.90. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by corporate insiders.

Shares of Philip Morris International Inc. (NYSE:PM) traded down $0.48 on Wednesday, hitting $107.50. The stock had a trading volume of 222,462 shares, compared to its average volume of 5,465,322. Philip Morris International Inc. has a one year low of $96.66 and a one year high of $123.55. The company has a market cap of $167,720.00, a PE ratio of 21.88, a price-to-earnings-growth ratio of 2.02 and a beta of 0.85. The company has a quick ratio of 0.80, a current ratio of 1.35 and a debt-to-equity ratio of -3.06.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Thursday, February 8th. The company reported $1.31 EPS for the quarter, missing the Zacks’ consensus estimate of $1.35 by ($0.04). Philip Morris International had a net margin of 7.73% and a negative return on equity of 71.99%. The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.17 billion. During the same quarter in the previous year, the company posted $1.10 earnings per share. The firm’s revenue was up 19.0% on a year-over-year basis. research analysts anticipate that Philip Morris International Inc. will post 5.27 earnings per share for the current fiscal year.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research raised Philip Morris International from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Morgan Stanley increased their price target on Philip Morris International from $120.00 to $123.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 30th. Jefferies Group raised Philip Morris International from a “hold” rating to a “buy” rating and set a $124.00 price target on the stock in a research report on Friday, January 19th. Piper Jaffray Companies reissued an “overweight” rating and set a $137.00 price target (up previously from $130.00) on shares of Philip Morris International in a research report on Thursday, January 11th. Finally, Citigroup reduced their price target on Philip Morris International from $117.00 to $114.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 16th. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $124.57.

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Philip Morris International Profile

Philip Morris International Inc is a holding company. 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. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada.

Institutional Ownership by Quarter for Philip Morris International (NYSE:PM)

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