Disciplined Equity Management Inc. Sells 9,960 Shares of Philip Morris International Inc. (NYSE:PM)

Disciplined Equity Management Inc. cut its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 97.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 250 shares of the company's stock after selling 9,960 shares during the quarter. Disciplined Equity Management Inc.'s holdings in Philip Morris International were worth $39,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of PM. NewSquare Capital LLC increased its holdings in shares of Philip Morris International by 53.7% in the 4th quarter. NewSquare Capital LLC now owns 206 shares of the company's stock worth $25,000 after buying an additional 72 shares during the last quarter. McClarren Financial Advisors Inc. bought a new stake in Philip Morris International in the fourth quarter worth $33,000. Pacifica Partners Inc. boosted its holdings in Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock valued at $35,000 after acquiring an additional 115 shares during the period. Knuff & Co LLC purchased a new stake in shares of Philip Morris International during the fourth quarter valued at approximately $36,000. Finally, Ball & Co Wealth Management Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth approximately $36,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

Shares of NYSE PM traded up $4.26 during mid-day trading on Wednesday, hitting $183.29. 3,940,851 shares of the stock traded hands, compared to its average volume of 5,597,481. The company has a market cap of $285.29 billion, a price-to-earnings ratio of 40.64, a PEG ratio of 2.65 and a beta of 0.52. The stock has a fifty day moving average price of $168.63 and a 200-day moving average price of $148.26. Philip Morris International Inc. has a 52 week low of $98.93 and a 52 week high of $183.94.

Philip Morris International (NYSE:PM - Get Free Report) last released its earnings results on Wednesday, April 23rd. The company reported $1.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.61 by $0.08. The firm had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $9.10 billion. Philip Morris International had a net margin of 7.89% and a negative return on equity of 120.08%. The company's revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 EPS. As a group, sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on PM. Bank of America upped their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. Citigroup upped their price objective on shares of Philip Morris International from $163.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, April 16th. UBS Group raised Philip Morris International from a "sell" rating to a "neutral" rating and raised their target price for the stock from $130.00 to $170.00 in a research note on Friday, April 25th. Stifel Nicolaus boosted their price target on Philip Morris International from $168.00 to $186.00 and gave the company a "buy" rating in a report on Thursday, April 24th. Finally, Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $175.30.

About Philip Morris International

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.