ACG Wealth Reduces Stake in Philip Morris International Inc. (PM)

Lloyd Doyle
January 13, 2018

Nfc Investments Limited Liability Corp stated it has 0.08% in Philip Morris International Inc. WFG Advisors LP now owns 12,753 shares of the company's stock valued at $1,498,000 after purchasing an additional 2,951 shares in the last quarter. The company reported $1.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.38 by ($0.11). PCTEL, Inc. (NASDAQ:PCTI) has risen 43.82% since January 12, 2017 and is uptrending. It has underperformed by 0.05% the S&P500. Company insiders own 0.23% of the company's stock. The institutional investor held 17,081 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $1.90M, up from 11,492 at the end of the previous reported quarter. Arizona State Retirement Systems has invested 0.55% in Philip Morris International Inc. (NYSE PM) traded down $0.36 during trading on Friday, hitting $104.50.

Analysts expect Philip Morris International Inc. (NYSE:PM) has risen 16.65% since January 13, 2017 and is uptrending. It has underperformed by 5.42% the S&P500.

Investors sentiment decreased to 1.24 in 2017 Q3. Its up 0.38, from 1.93 in 2017Q2. 56 funds opened positions while 167 raised stakes.

NovoCure Limited (NVCR) formed multiple top with $23.22 target or 7.00% above today's $21.70 share price. 3,390 are held by Tokio Marine Asset Mgmt Ltd. Panagora Asset Management holds 0.01% of its portfolio in Macatawa Bank Corporation (NASDAQ:MCBC) for 235,719 shares. The United Kingdom-based Caledonia Investments Plc has invested 10.47% in the stock. Delta Asset Mgmt Ltd Tn reported 14,642 shares stake. Old Republic International holds 544,200 shares. Ubs Asset Mngmt Americas reported 1.54 million shares. Aull Monroe Investment Management accumulated 0.19% or 13,100 shares. 35,000 The Progressive Corporation (NYSE:PGR) shares with value of $1.70M were sold by Griffith Susan Patricia. Amer Intll Group Inc has 0% invested in Macatawa Bank Corporation (NASDAQ:MCBC). Glob X Mngmt Com Limited Liability Company holds 0.27% or 88,565 shares. Asset reported 0.03% in Dollar General Corporation (NYSE:DG). Cipher LP has 81,704 shares for 0.68% of their portfolio. Raymond James Services has invested 0.03% in Dollar General Corporation (NYSE:DG).

Since September 12, 2017, it had 0 buys, and 5 selling transactions for $3.04 million activity. $60,913 worth of The Progressive Corporation (NYSE:PGR) shares were sold by Broz Steven. Kindy Michael J sold $683,092 worth of stock. The insider Sauerland John P sold $2.43M. Societe Generale raised Philip Morris International from a "hold" rating to a "buy" rating in a research note on Friday, October 20th. Buckeye Technologies had 2 analyst reports since October 5, 2017 according to SRatingsIntel. The stock has "Hold" rating by Loop Capital on Wednesday, December 7. The stock has "Buy" rating by Citigroup on Thursday, December 14. Cowen & Co has "Buy" rating and $133.0 target. Wedbush maintained the stock with "Outperform" rating in Friday, July 29 report. The firm designs, imports, and sells pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, and AIRCAT or NITROCAT names through in-house sales personnel and manufacturersÂ' representatives to retailers, distributors, and private label customers; and markets pipe and bolt dies, pipe taps, wrenches, vises and stands, pipe and tubing cutting equipment, hydrostatic test pumps, and replacement electrical components for various pipe cutting and threading machines through industrial distributors and contractors. (NYSE:PM) has "Buy" rating given on Wednesday, January 10 by Stifel Nicolaus. It also reduced Pimco Dynamic Income Fund (PDI) stake by 18,922 shares and now owns 42,106 shares. 323.50 million shares or 0.96% less from 326.63 million shares in 2017Q2 were reported. Sold All: 55 Reduced: 524 Increased: 452 New Position: 112. 2 funds opened positions while 1 raised stakes. National Bank & Trust Of Nova Scotia Tru has 1,213 shares. Kbc Nv reported 283,657 shares. Guardian Life Insurance Communication Of America, New York-based fund reported 3,535 shares. Pensionfund Dsm Netherlands stated it has 38,024 shares.

Sumitomo Mitsui Trust Holdings Inc. lessened its stake in shares of Philip Morris International Inc.


A number of other research firms have also issued reports on PM. Piedmont Inv Advisors Ltd Llc has 345,857 shares. (NYSE:PM). Paw Cap Corporation invested in 6,000 shares or 0.7% of the stock. New England Private Wealth Advsr Limited Liability invested in 3,059 shares. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its holdings in shares of Philip Morris International by 13.9% during the 2nd quarter. (NYSE:PM) or 48,358 shares. Parametric Port Associate has 0% invested in Macatawa Bank Corporation (NASDAQ:MCBC) for 15,593 shares.

ACG Wealth lowered its position in shares of Philip Morris International Inc. Therefore 63% are positive. The company was maintained on Thursday, October 19 by Piper Jaffray. Ameriprise Financial Inc. owned about 1.35% of Philip Morris International worth $2,335,183,000 at the end of the most recent quarter.

Piper Jaffray Companies reissued their overweight rating on shares of Philip Morris International (NYSE:PM) in a research report released on Thursday. The firm earned "Hold" rating on Wednesday, September 21 by Jefferies. The firm has "Neutral" rating by JP Morgan given on Tuesday, April 19. The stock has "Buy" rating by Societe Generale on Friday, October 20. Cowen & Co has "Buy" rating and $135.0 target.

Philip Morris International Inc. has a 52 week low of $89.97 and a 52 week high of $123.55. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Wednesday, November 15 report. Cowen & Co maintained the shares of PM in report on Thursday, July 20 with "Buy" rating. Philip Morris International has a consensus rating of "Buy" and an average target price of $104.95. (NYSE:PM) was sold by CAMILLERI LOUIS C on Tuesday, October 24.

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