Investors sold shares of Philip Morris International Inc. (NYSE:PM) on strength during trading on Monday. $34.95 million flowed into the stock on the tick-up and $72.43 million flowed out of the stock on the tick-down, for a money net flow of $37.48 million out of the stock. Of all stocks tracked, Philip Morris International had the 10th highest net out-flow for the day. Philip Morris International traded up $0.19 for the day and closed at $100.12

PM has been the topic of several research reports. Vetr lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and set a $102.86 price target on the stock. in a research report on Thursday, May 5th. Zacks Investment Research lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. SBG Securities raised shares of Philip Morris International from a “sell” rating to a “hold” rating in a research report on Wednesday, July 20th. Wells Fargo & Co. reissued an “outperform” rating on shares of Philip Morris International in a research report on Tuesday, July 19th. Finally, JPMorgan Chase & Co. raised shares of Philip Morris International from a “neutral” rating to an “overweight” rating and set a $112.00 price target on the stock in a research report on Friday, June 17th. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $103.68.

The firm has a market capitalization of $155.32 billion and a P/E ratio of 23.95. The stock’s 50 day moving average price is $100.36 and its 200 day moving average price is $98.32.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Tuesday, July 19th. The company reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by $0.05. The firm had revenue of $6.65 billion for the quarter, compared to analysts’ expectations of $6.77 billion. During the same quarter in the prior year, the firm posted $1.21 EPS. Equities analysts forecast that Philip Morris International Inc. will post $4.49 earnings per share for the current fiscal year.

Other large investors have made changes to their positions in the company. St. Louis Trust Co acquired a new stake in shares of Philip Morris International during the fourth quarter valued at $1,170,000. King Luther Capital Management Corp boosted its stake in shares of 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 valued at $1,342,000 after buying an additional 3,970 shares in the last quarter. Pitcairn Co. boosted its stake in shares of Philip Morris International by 2.3% in the fourth quarter. Pitcairn Co. now owns 16,681 shares of the company’s stock valued at $1,467,000 after buying an additional 375 shares in the last quarter. Palladium Partners LLC boosted its stake in shares of Philip Morris International by 3.5% in the fourth quarter. Palladium Partners LLC now owns 22,836 shares of the company’s stock valued at $2,008,000 after buying an additional 779 shares in the last quarter. Finally, Bernzott Capital Advisors boosted its stake in shares of Philip Morris International by 0.4% in the fourth quarter. Bernzott Capital Advisors now owns 24,330 shares of the company’s stock valued at $2,139,000 after buying an additional 100 shares in 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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