Philip Morris International Inc. (NYSE:PM)’s share price hit a new 52-week high on Monday . The company traded as high as $103.39 and last traded at $103.28, with a volume of 1,706,226 shares. The stock had previously closed at $103.09.

A number of equities analysts have recently weighed in on the company. Vetr upgraded Philip Morris International from a “hold” rating to a “buy” rating and set a $105.50 target price on the stock in a research note on Monday, June 20th. JPMorgan Chase & Co. upgraded Philip Morris International from a “neutral” rating to an “overweight” rating and set a $112.00 target price on the stock in a research note on Friday, June 17th. Zacks Investment Research lowered Philip Morris International from a “buy” rating to a “hold” rating in a research note on Tuesday, May 24th. Societe Generale upgraded Philip Morris International from a “sell” rating to a “hold” rating and increased their target price for the stock from $77.00 to $99.00 in a research note on Thursday, April 21st. Finally, Goldman Sachs Group Inc. increased their target price on Philip Morris International from $100.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 20th. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $102.23.

The firm’s 50 day moving average is $100.24 and its 200-day moving average is $95.67. The stock has a market cap of $159.95 billion and a P/E ratio of 24.32.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Tuesday, April 19th. The company reported $0.98 EPS for the quarter, missing the consensus estimate of $1.11 by $0.13. The company earned $6.10 billion during the quarter, compared to analyst estimates of $6.36 billion. During the same quarter last year, the firm posted $1.16 EPS. The company’s revenue was down 8.1% compared to the same quarter last year. On average, analysts forecast that Philip Morris International Inc. will post $4.47 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 11th. Investors of record on Thursday, June 23rd will be paid a $1.02 dividend. The ex-dividend date is Tuesday, June 21st. This represents a $4.08 annualized dividend and a yield of 3.95%.

In related news, VP Marc S. Firestone sold 18,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 26th. The stock was sold at an average price of $97.06, for a total value of $1,747,080.00. Following the transaction, the vice president now owns 184,179 shares in the company, valued at $17,876,413.74. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Louis C. Camilleri sold 33,340 shares of the company’s stock in a transaction that occurred on Monday, April 25th. The shares were sold at an average price of $96.95, for a total value of $3,232,313.00. Following the completion of the transaction, the chairman now owns 800,157 shares in the company, valued at approximately $77,575,221.15. The disclosure for this sale can be found here.

A number of large investors have modified their holdings of PM. Vanguard Group Inc. boosted its stake in shares of Philip Morris International by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 94,208,305 shares of the company’s stock worth $8,281,852,000 after buying an additional 3,019,182 shares during the last quarter. World Asset Management Inc boosted its stake in shares of Philip Morris International by 4.8% in the fourth quarter. World Asset Management Inc now owns 157,882 shares of the company’s stock worth $13,880,000 after buying an additional 7,231 shares during the last quarter. Northstar Investment Advisors LLC boosted its stake in shares of Philip Morris International by 3.0% in the fourth quarter. Northstar Investment Advisors LLC now owns 85,906 shares of the company’s stock worth $7,552,000 after buying an additional 2,484 shares during the last quarter. Bank of Hawaii boosted its stake in shares of Philip Morris International by 3.8% in the fourth quarter. Bank of Hawaii now owns 138,057 shares of the company’s stock worth $12,136,000 after buying an additional 5,070 shares during the last quarter. Finally, WMS Partners LLC boosted its stake in shares of Philip Morris International by 1.9% in the fourth quarter. WMS Partners LLC now owns 26,475 shares of the company’s stock worth $2,327,000 after buying an additional 504 shares during the last quarter.

Philip Morris International Inc is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Company’s products are sold in over 180 markets. Its segments include European Union; Eastern Europe, Middle East & Africa; Asia, and Latin America & Canada.

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