Blueprint Investment Partners LLC boosted its position in Philip Morris International Inc. (NYSE:PM – Free Report) by 110.3% in the 4th quarter, HoldingsChannel reports. The firm owned 11,602 shares of the company’s stock after acquiring an additional 6,084 shares during the period. Blueprint Investment Partners LLC’s holdings in Philip Morris International were worth $1,396,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. NewSquare Capital LLC raised its stake in shares of Philip Morris International by 53.7% during the 4th quarter. NewSquare Capital LLC now owns 206 shares of the company’s stock worth $25,000 after purchasing an additional 72 shares during the period. Dunhill Financial LLC increased its stake in Philip Morris International by 203.8% during the 3rd quarter. Dunhill Financial LLC now owns 240 shares of the company’s stock valued at $29,000 after purchasing an additional 161 shares in the last quarter. McClarren Financial Advisors Inc. bought a new stake in shares of Philip Morris International in the fourth quarter worth $33,000. Knuff & Co LLC purchased a new position in Philip Morris International during the fourth quarter valued at approximately $36,000. Finally, Sierra Ocean LLC bought a new position in Philip Morris International during the fourth quarter valued at approximately $37,000. 78.63% of the stock is owned by institutional investors.
Insider Transactions at Philip Morris International
In related news, SVP Yann Guerin sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $151.28, for a total transaction of $378,200.00. Following the completion of the transaction, the senior vice president now owns 30,308 shares in the company, valued at $4,584,994.24. This represents a 7.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Reginaldo Dobrowolski sold 5,000 shares of the business’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $149.88, for a total transaction of $749,400.00. Following the sale, the vice president now directly owns 20,799 shares in the company, valued at $3,117,354.12. The trade was a 19.38 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 131,822 shares of company stock worth $19,655,585. Company insiders own 0.13% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Analysis on Philip Morris International
Philip Morris International Price Performance
Shares of NYSE:PM opened at $151.25 on Friday. Philip Morris International Inc. has a fifty-two week low of $87.82 and a fifty-two week high of $159.51. The business’s fifty day moving average price is $142.37 and its two-hundred day moving average price is $131.18. The stock has a market capitalization of $235.16 billion, a price-to-earnings ratio of 33.54, a price-to-earnings-growth ratio of 2.65 and a beta of 0.53.
Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.06. Philip Morris International had a negative return on equity of 120.08% and a net margin of 7.89%. Research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.
Philip Morris International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 20th will be issued a dividend of $1.35 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.57%. Philip Morris International’s dividend payout ratio (DPR) is presently 119.73%.
Philip Morris International Profile
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.
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