Traders sold shares of Philip Morris International Inc. (NYSE:PM) on strength during trading hours on Friday. $36.68 million flowed into the stock on the tick-up and $53.63 million flowed out of the stock on the tick-down, for a money net flow of $16.95 million out of the stock. Of all equities tracked, Philip Morris International had the 18th highest net out-flow for the day. Philip Morris International traded up $0.14 for the day and closed at $99.00

Several analysts have issued reports on PM shares. Goldman Sachs Group Inc. reissued a “hold” rating and set a $100.00 price target (up previously from $97.00) on shares of Philip Morris International in a report on Thursday, April 14th. First Global raised Philip Morris International from a “marketperform” rating to an “outperform” rating in a report on Thursday, April 14th. JPMorgan Chase & Co. boosted their price target on Philip Morris International from $90.00 to $98.00 and gave the company a “neutral” rating in a report on Tuesday, April 19th. Vetr raised Philip Morris International from a “hold” rating to a “buy” rating and set a $104.15 price target for the company in a report on Tuesday, April 19th. Finally, Societe Generale raised Philip Morris International from a “sell” rating to a “hold” rating and boosted their price target for the company from $77.00 to $99.00 in a report on Thursday, April 21st. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $103.68.

The stock’s 50 day moving average price is $100.29 and its 200 day moving average price is $97.72. The company has a market cap of $153.58 billion and a price-to-earnings ratio of 23.68.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Tuesday, July 19th. The company reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.20 by $0.05. During the same quarter in the prior year, the company earned $1.21 earnings per share. The business earned $6.65 billion during the quarter, compared to the consensus estimate of $6.77 billion. Analysts predict that Philip Morris International Inc. will post $4.49 EPS for the current year.

Other large investors have bought and sold shares of the company. Brown Advisory Securities LLC boosted its stake in Philip Morris International by 1.0% in the fourth quarter. Brown Advisory Securities LLC now owns 13,287 shares of the company’s stock worth $1,170,000 after buying an additional 130 shares during the period. St. Louis Trust Co acquired a new stake in Philip Morris International during the fourth quarter worth approximately $1,170,000. King Luther Capital Management Corp boosted its stake in Philip Morris International by 35.2% in the fourth quarter. King Luther Capital Management Corp now owns 15,260 shares of the company’s stock worth $1,342,000 after buying an additional 3,970 shares during the period. Pitcairn Co. boosted its stake in Philip Morris International by 2.3% in the fourth quarter. Pitcairn Co. now owns 16,681 shares of the company’s stock worth $1,467,000 after buying an additional 375 shares during the period. Finally, WFG Advisors LP boosted its stake in Philip Morris International by 26.8% in the fourth quarter. WFG Advisors LP now owns 16,802 shares of the company’s stock worth $1,477,000 after buying an additional 3,556 shares during the period.

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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