Economy

Philip Morris International's (PM) Outperform Rating Reaffirmed at Wells Fargo & Company

Philip Morris International's (PM) Outperform Rating Reaffirmed at Wells Fargo & Company”

It worsened, as 53 investors sold Philip Morris International Inc. shares while 558 reduced holdings.

Philip Morris International Inc. Corporate insiders own 0.23% of the company's stock. Marathon Trading Investment Management Llc sold 13,070 shares as the company's stock rose 19.14% with the market. Hartford Financial Management Inc.'s holdings in Philip Morris International were worth $379,000 as of its most recent SEC filing. (The) (NYSE:TWN) has risen 36.43% since October 11, 2016 and is uptrending. It has underperformed by 0.05% the S&P500.

Coty Incorporated (NYSE:COTY) had an increase of 34.43% in short interest. About 15.17M shares traded. About 443,529 shares traded. (NYSE:PM) has risen 16.65% since October 11, 2016 and is uptrending. Bokf Na reported 127,841 shares stake. Williams Cos Inc/The (NYSE:WMB) was raised too. Equities research analysts anticipate that Philip Morris International will post $4.83 earnings per share for the current fiscal year. (NYSE:PM) to report earnings on October, 19 before the open. They expect $3.99 EPS, up 9.02% or $0.33 from last year's $3.66 per share. (NYSE:PM) were released by: Wsj.com and their article: "Philip Morris Reorganizes as It Shifts Focus to "Smoke-Free" Products" published on September 28, 2017 as well as Bloomberg.com's news article titled: "Philip Morris Pledges $1 Billion to Fight Smoking" with publication date: September 13, 2017. After $1.14 actual EPS reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts 21.05% EPS growth. Its down 0.03, from 0.91 in 2017Q1.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Deroy And Devereaux Private Inv Counsel has invested 0.04% of its portfolio in Philip Morris International Inc. (NYSE:PM). Inr Advisory Svcs Ltd Liability Corporation owns 1,650 shares. Lombard Odier Asset (Europe) Limited has invested 0.11% in Philip Morris International Inc.

Several other equities research analysts have also issued reports on PM. Ims Cap reported 5,020 shares stake. Savant Capital Ltd Com accumulated 12,180 shares. Douglass Winthrop Advsrs Limited Liability Com has 58,934 shares for 0.42% of their portfolio. Kistler stated it has 13,557 shares or 0.73% of all its holdings. Perpetual Ltd acquired a new stake in Philip Morris International during the 2nd quarter worth about $1,867,000. (NYSE:PM). Comerica Bank owns 0.44% invested in Philip Morris International Inc. The fund owned 3,234 shares of the company's stock after selling 2,750 shares during the quarter. Finally, Zacks Investment Research upgraded Philip Morris International from a hold rating to a buy rating and set a $126.00 price target for the company in a research note on Wednesday, March 29th. Therefore 93% are positive. Philip Morris International had 38 analyst reports since August 24, 2015 according to SRatingsIntel. M Partners maintained Whirlpool Corporation (NYSE:WHR) on Monday, December 7 with "Buy" rating. Cowen & Co maintained Philip Morris International Inc. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company. The rating was upgraded by SBG Securities on Wednesday, July 20 to "Hold". The rating was maintained by Cowen & Co on Thursday, July 20 with "Buy". Jefferies maintained Philip Morris International Inc. The firm earned "Hold" rating on Wednesday, October 5 by Jefferies. The firm has "Buy" rating by Goldman Sachs given on Monday, September 12. RBC Capital Markets maintained Whirlpool Corporation (NYSE:WHR) rating on Thursday, September 7.

Coty Inc.is a beauty company. The company has a market cap of $178.88 billion, a P/E ratio of 25.52 and a beta of 0.93. The Company's fragrance products include a range of men's and women's products.

Among 14 analysts covering Coty (NYSE:COTY), 4 have Buy rating, 2 Sell and 8 Hold. Therefore 56% are positive. The stock of Coty Inc (NYSE:COTY) has "Buy" rating given on Wednesday, September 27 by Stifel Nicolaus. As per Tuesday, April 19, the company rating was maintained by JP Morgan. The firm earned "Neutral" rating on Monday, November 30 by Nomura. Roth Capital initiated Planet Fitness Inc (NYSE:PLNT) rating on Monday, January 4. On Monday, October 31 the stock rating was maintained by Imperial Capital with "Outperform". Societe Generale upgraded the stock to "Hold" rating in Thursday, April 21 report.

Investors sentiment decreased to 1.14 in 2017 Q2. 73 funds opened positions while 165 raised stakes. Coastline holds 11,040 shares. Northern reported 0.03% of its portfolio in Coty Inc (NYSE:COTY). Ltd. boosted its position in Philip Morris International by 26.6% in the third quarter. Hudson Bay Cap Mgmt Lp has invested 0.06% of its portfolio in Coty Inc (NYSE:COTY). 40,407 are owned by Hayek Kallen Invest Management. D Scott Neal Inc holds 0.26% of its portfolio in Philip Morris International Inc. Moreover, Commonwealth Of Pennsylvania School Empls Retrmt System has 0.01% invested in Coty Inc (NYSE:COTY). Coho Prtn Limited reported 1.35M shares stake.



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