Economy

Jefferies Group LLC Reaffirms Hold Rating for Philip Morris International Inc (PM)

Baker Bros. Advisors Lp owns 10.29 million shares or 0.15% of their United States portfolio. The hedge fund run by Andy Brown held 11.16M shares of the farming and seeds and milling company at the end of 2017Q2, valued at $1.31B, down from 11.31 million at the end of the previous reported quarter.

Philip Morris International Inc is a holding company. The stock decreased 0.13% or $0.07 on September 29, reaching $55.69. The institutional investor owned 24,289 shares of the company's stock after selling 5,745 shares during the period. After having $1.14 EPS previously, Philip Morris International Inc.'s analysts see 21.05% EPS growth. (NYSE:PM) has risen 16.65% since September 29, 2016 and is uptrending. It has underperformed by 12.99% the S&P500. The firm had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $7.11 billion.

Investors sentiment decreased to 0.88 in 2017 Q2. About 3.91 million shares traded or 18.48% up from the average. (NYSE:PM) opened at 113.91 on Thursday. It has outperformed by 4.43% the S&P500. (NASDAQ:LSTR) to report earnings on October, 25 after the close. The firm owned 1,415,560 shares of the company's stock after buying an additional 10,109 shares during the quarter. PM's profit will be $2.14 billion for 20.21 P/E if the $1.38 EPS becomes a reality. This is a positive change from Philip Morris International's previous quarterly dividend of $1.04. Swiss National Bank now owns 5,726,731 shares of the company's stock worth $646,548,000 after buying an additional 1,189,800 shares in the last quarter. Retirement Systems of Alabama increased its stake in shares of Philip Morris International by 0.7% during the first quarter. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and worldwide trademark & copyright law. The ex-dividend date of this dividend is Tuesday, September 26th. Its down 0.03, from 0.91 in 2017Q1. Ronald Blue And Ltd Limited Liability Company accumulated 5,273 shares. Janney Cap Ltd Llc has 232,254 shares for 1.29% of their portfolio. Principal Gp owns 2.60M shares. Ajo Limited Partnership reported 0.01% stake. The France-based Natixis has invested 0.06% in the stock. Kayne Anderson Rudnick holds 348,145 shares. Apriem stated it has 2,999 shares or 0.09% of all its holdings. Landstar System had 43 analyst reports since August 20, 2015 according to SRatingsIntel. Seven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Jefferies has "Hold" rating and $120.0 target. Laidlaw has "Buy" rating and $65 target. Cowen & Co downgraded the shares of LSTR in report on Friday, April 1 to "Market Perform" rating. Laidlaw maintained Ionis Pharmaceuticals Inc (NASDAQ:IONS) rating on Tuesday, December 27.

Since June 1, 2017, it had 0 buys, and 1 insider sale for $501,019 activity. Raymond James Financial Services Advisors Inc sold 32,450 shares as the company's stock rose 10.69% with the market. Therefore 56% are positive. On average, analysts forecast that Philip Morris International Inc. will post $4.88 EPS for the current year. Piper Jaffray has "Buy" rating and $134.0 target. (NYSE:PM) earned "Overweight" rating by JP Morgan on Friday, June 17. (NYSE:PM) news were published by: Fool.com which released: "Better Buy: Philip Morris International Inc vs. Verizon" on September 08, 2017, also Fool.com with their article: "What's next for Philip Morris International's dividend?" published on September 19, 2017, Seekingalpha.com published: "Philip Morris International's (PM) Management on 2017 Barclays Global Consumer ..." on September 08, 2017. Cowen and Company restated a buy rating on shares of Philip Morris International in a research report on Sunday, September 24th. The company was upgraded on Thursday, March 24 by Bank of America. As per Tuesday, December 27, the company rating was maintained by Leerink Swann. The firm has "Buy" rating given on Monday, August 24 by Vetr. (NYSE:PM) has "Hold" rating given on Thursday, April 21 by Societe Generale. The firm has "Hold" rating given on Friday, August 11 by SBG Securities. The United Kingdom-based Investec Asset Ltd has invested 1.07% in Philip Morris International Inc. (NYSE:PM) for 77,182 shares.

Several research analysts recently weighed in on PM shares. 118 funds opened positions while 421 raised stakes.

Wall Street await Philip Morris International Inc. Jefferies maintained Philip Morris International Inc. Philip Morris International has a 1-year low of $86.78 and a 1-year high of $123.55. The company reported $1.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.23 by ($0.09). 4,454 were accumulated by Cypress Cap Mngmt Limited Liability Corporation. It also upped Ishares National Amt (MUB) stake by 6,190 shares and now owns 6,845 shares. Banque Pictet Cie Sa holds 112,180 shares.

Philip Morris International Inc.is a holding company. Duncker Streett Communication reported 15,246 shares or 0.56% of all its holdings. Whittier Tru holds 0.69% or 152,518 shares in its portfolio. Philip Morris International's dividend payout ratio (DPR) is 94.90%.



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