Guyasuta Investment Advisors Inc. Sells 151 Shares of Philip Morris International Inc. (NYSE:PM)

Guyasuta Investment Advisors Inc. trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 0.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,357 shares of the company’s stock after selling 151 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Philip Morris International were worth $4,173,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. PFG Investments LLC raised its position in shares of Philip Morris International by 1.9% during the fourth quarter. PFG Investments LLC now owns 5,951 shares of the company’s stock worth $560,000 after purchasing an additional 109 shares during the period. CGC Financial Services LLC raised its position in shares of Philip Morris International by 8.2% during the fourth quarter. CGC Financial Services LLC now owns 1,453 shares of the company’s stock worth $137,000 after purchasing an additional 110 shares during the period. Raleigh Capital Management Inc. raised its position in shares of Philip Morris International by 0.3% during the third quarter. Raleigh Capital Management Inc. now owns 36,857 shares of the company’s stock worth $3,412,000 after purchasing an additional 112 shares during the period. Bluesphere Advisors LLC raised its position in shares of Philip Morris International by 0.7% during the fourth quarter. Bluesphere Advisors LLC now owns 17,000 shares of the company’s stock worth $1,599,000 after purchasing an additional 113 shares during the period. Finally, Pekin Hardy Strauss Inc. raised its position in shares of Philip Morris International by 0.4% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 29,316 shares of the company’s stock worth $2,758,000 after purchasing an additional 113 shares during the period. 78.63% of the stock is currently owned by institutional investors.

Insider Transactions at Philip Morris International

In other Philip Morris International news, insider Wilde Frederic De sold 20,000 shares of the firm’s stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of $96.42, for a total value of $1,928,400.00. Following the completion of the transaction, the insider now owns 178,447 shares in the company, valued at approximately $17,205,859.74. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.13% of the stock is owned by corporate insiders.

Philip Morris International Stock Performance

NYSE:PM traded down $0.18 during trading on Friday, reaching $101.39. The company’s stock had a trading volume of 7,299,441 shares, compared to its average volume of 5,500,728. The firm has a market cap of $157.62 billion, a price-to-earnings ratio of 19.80, a price-to-earnings-growth ratio of 2.09 and a beta of 0.57. The firm has a 50 day moving average of $100.08 and a 200-day moving average of $94.93. Philip Morris International Inc. has a 12 month low of $87.23 and a 12 month high of $104.90.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Tuesday, April 23rd. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.09. The firm had revenue of $8.79 billion during the quarter, compared to the consensus estimate of $8.44 billion. Philip Morris International had a negative return on equity of 113.26% and a net margin of 8.58%. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.38 EPS. Equities research analysts forecast that Philip Morris International Inc. will post 6.32 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 8th. Stockholders of record on Friday, June 21st will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Friday, June 21st. This represents a $5.20 annualized dividend and a dividend yield of 5.13%. Philip Morris International’s payout ratio is 101.56%.

Wall Street Analysts Forecast Growth

PM has been the subject of a number of analyst reports. Stifel Nicolaus increased their price target on Philip Morris International from $108.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, April 24th. Argus reissued a “hold” rating on shares of Philip Morris International in a research report on Tuesday, March 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $104.22.

Philip Morris International Company 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.