Philip Morris International Sees Unusually Large Options Volume (PM)

Pricing Variance

(NYSE:PM) shares are fairly priced after the current drop in stock price following the earnings miss in the first quarter. Gulf International Bank UK Ltd now owns 25,149 shares of the company's stock worth $2,444,000 after buying an additional 200 shares during the last quarter.

Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Philip Morris International Inc. RNC Capital Management LLC now owns 162,827 shares of the company's stock valued at $15,830,000 after buying an additional 7,401 shares during the period. Cortland Associates Inc. MO boosted its position in shares of Philip Morris International by 350.4% in the third quarter. The company now has an average rating of "Buy" and an average price target of $110.17.

While Q1 was a tougher than expected quarter, we believe PM will execute to protect margins from secular combustible cig volume weakness with strong pricing and cost management. Newman Dignan & Sheerar Inc. now owns 5,926 shares of the company's stock worth $669,000 after buying an additional 20 shares during the last quarter. If you are accessing this piece of content on another publication, it was stolen and republished in violation of U.S. and global copyright and trademark laws. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. This represents a $4.16 annualized dividend and a dividend yield of 3.65%. Nicholas Co. Inc. WI now owns 606,755 shares of the company's stock valued at $55,512,000 after buying an additional 37,840 shares during the period. Toth Financial Advisory Corp now owns 8,236 shares of the company's stock worth $801,000 after buying an additional 125 shares during the last quarter. (NYSE:PM) shares have seen a move of 27.09%. The stock's 52-week range is $86.78 to $115.63. Goldman Sachs Group Inc increased their price target on shares of Philip Morris International from $101.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, February 3rd. The ex-dividend date was Tuesday, March 21st. Philip Morris International's payout ratio is presently 92.86%. Corporate insiders own 0.25% of the company's stock.

Philip Morris: Up in Smoke?
Capital Guardian Trust Co. Has $153.935 Million Stake in Philip Morris International Inc. (PM)

In other news, CEO Andre Calantzopoulos sold 35,000 shares of the business's stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $102.65, for a total transaction of $3,592,750.00. Following the completion of the transaction, the chief executive officer now directly owns 787,671 shares of the company's stock, valued at $80,854,428.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Philip Morris International Inc is a holding company.

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