Economy

Philip Morris International (PM) Rating Lowered to Sell at Zacks Investment Research

Philip Morris International (PM) Rating Lowered to Sell at Zacks Investment Research

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The investment professionals in our database now have: 9.54 million shares, up from 9.28 million shares in 2017Q3. Amp Capital Investors holds 0.37% in Walmart Inc. It improved, as 45 investors sold MET shares while 330 reduced holdings. Philip Morris International Inc.

The fact that the stock is ending this cycle with a lower price than when it began it means that the trend continues to be negative. The 8 months bearish chart indicates high risk for the $134.46 billion company. V's profit will be $2.30B for 30.52 P/E if the $1.02 EPS becomes a reality. If the $80.45 price target is reached, the company will be worth $9.41 billion less. 5453074 shares traded on hands while it's an average volume stands with 5492.16K shares. The South State Corp holds 22,364 shares with $2.36 million value, up from 14,891 last quarter. SBG Securities upgraded Philip Morris International Inc. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 19, 2017 and is uptrending. It has underperformed by 25.48% the S&P500.

Analysts await Visa Inc. (NYSE:MET). Mason Street Llc reported 0.17% stake.

This is an increase over its earnings per share of 98 cents from the same time previous year. The institutional investor held 12,613 shares of the industrial machinery and components company at the end of 2017Q4, valued at $2.23 million, up from 5,734 at the end of the previous reported quarter.

Amica Pension Fund Board Of Trustees, which manages about $869.59 million US Long portfolio, decreased its stake in Merck & Co Inc (NYSE:MRK) by 21,794 shares to 99,155 shares, valued at $5.58 million in 2017Q4, according to the filing. The firm also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia. Reaves W H reported 14,218 shares or 0.05% of all its holdings. The New York-based Mendon Capital Advisors Corp has invested 0.8% in the stock.

Keystone Financial Planning Inc, which manages about $143.92M and $187.48 million US Long portfolio, decreased its stake in Boeing (NYSE:BA) by 17,523 shares to 24,400 shares, valued at $7.20M in 2017Q4, according to the filing. The stock decreased 1.87% or $4.78 during the last trading session, reaching $250.75. About 573,580 shares traded. (NYSE:PM). Bb&T Corporation has invested 0.52% in Philip Morris International Inc. It has underperformed by 25.48% the S&P500. The company has market cap of $157.69 billion. It now has negative earnings.

More news: ValuEngine Upgrades Teekay Offshore Partners (NYSE:TOO) to "Buy"

Investors sentiment increased to 1.11 in Q4 2017. Its up 0.14, from 1.07 in 2017Q3. Spectrum Management Group Inc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $132.99B market cap company.

Several other hedge funds also recently made changes to their positions in the stock. Calamos Wealth Management Ltd Limited Liability Company reported 92,829 shares. Adell Harriman And Carpenter holds 2,715 shares. Westfield Capital Management Com Lp accumulated 1.17M shares or 0.95% of the stock.

Nli International Inc increased its stake in Philip Morris Intl Inc (PM) by 12.59% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:PM) for 21,218 shares. Shares are trading price at $101.44 with move of -1.80%. 17,670 were reported by Cypress Mngmt Ltd Limited Liability Company (Wy). The stock of Philip Morris International Inc. (NYSE:CMI) for 5,697 shares. Greenleaf Tru holds 0% of its portfolio in MetLife, Inc.

Since October 24, 2017, it had 0 insider purchases, and 3 selling transactions for $18.32 million activity. Cambridge Investment Research Advisors Inc. raised its position in shares of Philip Morris International by 14.1% in the 4th quarter. FIRESTONE MARC S sold 13,650 shares worth $1.43 million. Also, CEO Andre Calantzopoulos sold 49,000 shares of the stock in a transaction on Thursday, February 22nd.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Thursday, February 8th. Therefore 75% are positive. Equities research analysts expect that Philip Morris International Inc. will post $4.89 earnings per share for the current fiscal year. The company presently has an average rating of "Buy" and an average target price of $123.50. RBC Capital Markets maintained MetLife, Inc. She reiterated an Outperform rating on the shares today, writing that while she understands the stock's decline, reflecting iQOS "entering a more mature phase of growth", but that doesn't detract from its "strong growth prospects globally". RBC Capital Markets has "Buy" rating and $76.0 target. The rating was maintained by Wells Fargo with "Buy" on Friday, May 5. The rating was maintained by Citigroup on Wednesday, October 18 with "Buy". Zacks Investment Research raised shares of Philip Morris International from a "sell" rating to a "hold" rating in a research note on Tuesday, January 23rd.


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