CLSA Analysts Reduce Earnings Estimates for Philip Morris International Inc (PM)

Henrietta Strickland
January 13, 2018

Silver Point Capital Lp who had been investing in Enpro Inds Inc for a number of months, seems to be bullish on the $1.95B market cap company. The company's stock had a trading volume of 3,939,100 shares, compared to its average volume of 4,396,400. Vanguard Group Inc. now owns 111,475,174 shares of the company's stock worth $13,092,759,000 after purchasing an additional 2,972,929 shares in the last quarter. Donaldson Company, Inc. (NYSE:DCI) has risen 47.11% since January 11, 2017 and is uptrending.

Murphy Capital Management Inc increased Philip Morris Intl Inc Com (PM) stake by 12.24% reported in 2017Q3 SEC filing. Altrinsic Global Advisors Llc sold 651,236 shares as the company's stock rose 10.69% with the market. The Telemark Asset Management Llc holds 120,000 shares with $10.09 million value, up from 20,000 last quarter. The firm owned 45,410 shares of the company's stock after selling 2,979 shares during the quarter. (NYSE:PM) has risen 16.65% since January 11, 2017 and is uptrending. It has underperformed by 47.79% the S&P500.

Investors sentiment increased to 1.1 in Q3 2017. Its up 0.09, from 0.88 in 2017Q2. The company has a current ratio of 1.13, a quick ratio of 0.68 and a debt-to-equity ratio of -2.91. Essex Fincl Services reported 32,534 shares. So far this year, the stock had gone down by -0.02%. Tcw invested in 0.06% or 91,272 shares. Philip Morris International had a net margin of 9.32% and a negative return on equity of 67.59%. (NYSE:NPO). 253,756 are owned by Cramer Rosenthal Mcglynn Ltd Llc. Newman Dignan And Sheerar reported 5,959 shares. Legal & General Gru Plc reported 42,796 shares. Patten And Patten Incorporated Tn holds 0.16% or 13,964 shares.

More notable recent Philip Morris International Inc.

Several brokerages recently issued reports on PM. 21,393 are held by Sei Co. Bouchey Gp Ltd stated it has 4,323 shares. (NYSE:HUBS). Adirondack reported 0% in HubSpot, Inc. (NYSE:KW). Blackrock accumulated 0.01% or 5.54 million shares. The 1 year EPS growth rate is 1.30%. Therefore 25% are positive. Perficient had 7 analyst reports since November 6, 2015 according to SRatingsIntel. The firm has "Neutral" rating by Bank of America given on Wednesday, January 4. The company was upgraded on Friday, June 17 by JP Morgan. The stock of EnPro Industries, Inc. The rating was maintained by Goldman Sachs with "Buy" on Monday, October 3. The rating was maintained by Piper Jaffray with "Buy" on Friday, August 18.

Since August 1, 2017, it had 0 insider purchases, and 3 insider sales for $1.78 million activity.

On movement of stock as RSI reading reached at 70.24 because on this mostly stock considered as overbought or oversold. Balyasny Asset Management Ltd Liability Corp has invested 0.01% of its portfolio in Kennedy-Wilson Holdings, Inc. (NYSE:PM) or 3,407 shares. PM's profit will be $2.11 billion for 19.42 P/E if the $1.36 EPS becomes a reality. It improved, as 55 investors sold Philip Morris International Inc. shares while 524 reduced holdings.

Amica Pension Fund Board Of Trustees, which manages about $833.52 million US Long portfolio, decreased its stake in Mid (NYSE:MAA) by 26,020 shares to 4,256 shares, valued at $455,000 in 2017Q3, according to the filing. Societe Generale upgraded shares of Philip Morris International from a "hold" rating to a "buy" rating in a research note on Friday, October 20th. Therefore 50% are positive. While for the Next 5 years, the company could expect a growth of 9.77% per annum, whereas in the past Five years Philip Morris International, Inc. The rating was maintained by Jefferies with "Hold" on Tuesday, June 20. Savant Limited Liability Company has invested 0.3% in Philip Morris International Inc.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Thursday, October 19th. (NYSE:PM) on Thursday, July 20 with "Buy" rating. Bank of America has "Neutral" rating and $121 target. (NYSE:PM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. On Wednesday, October 11 the stock rating was maintained by Robert W. Baird with "Hold". (NYSE:EFX) on Thursday, November 9 with "Buy" rating. FMR LLC now owns 20,919,201 shares of the company's stock valued at $2,456,960,000 after buying an additional 2,330,864 shares in the last quarter. (NYSE:PM) earned "Buy" rating by Cowen & Co on Friday, September 22.

Since August 30, 2017, it had 0 insider buys, and 2 sales for $13.44 million activity. Azinovic Drago sold $1.62 million worth of stock or 14,000 shares. Its down 0.70, from 1.95 in 2017Q2. WFG Advisors LP raised its stake in Philip Morris International by 30.1% during the 2nd quarter. 6,082 shares valued at $122,869 were sold by MARTIN PAUL E on Wednesday, October 11. Douglass Winthrop Advisors Ltd Liability reported 0.37% stake. Jennison Assoc Limited Liability Com, New York-based fund reported 539,838 shares. Rowland And Counsel Adv invested in 1,878 shares or 0.09% of the stock. Keating Investment Counselors owns 76,202 shares for 3.68% of their portfolio. Moreover, Centurylink Inv Mngmt has 0.51% invested in Philip Morris International Inc. CLSA also issued estimates for Philip Morris International's FY2018 earnings at $5.37 EPS. Bouchey Fincl Limited invested in 0.15% or 4,323 shares. Bb&T Corp holds 0.02% in SCANA Corporation (NYSE:SCG) or 17,985 shares. Td Management Ltd Llc has 672 shares for 0.02% of their portfolio. Acropolis Investment Management LLC raised its position in shares of Philip Morris International by 0.5% in the 2nd quarter. Boys Arnold & has 44,444 shares for 0.79% of their portfolio. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

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