KLCM Advisors Inc. Has $1.58 Million Stock Position in Philip Morris International Inc. (NYSE:PM)

KLCM Advisors Inc. lifted its position in Philip Morris International Inc. (NYSE:PM) by 25.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,737 shares of the company’s stock after buying an additional 3,445 shares during the quarter. KLCM Advisors Inc.’s holdings in Philip Morris International were worth $1,575,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in Philip Morris International during the 3rd quarter valued at $27,000. PCA Investment Advisory Services Inc. acquired a new position in Philip Morris International during the 2nd quarter valued at $27,000. Tennessee Valley Asset Management Partners acquired a new position in Philip Morris International during the 4th quarter valued at $33,000. Legacy Financial Group LLC acquired a new position in Philip Morris International during the 3rd quarter valued at $37,000. Finally, Studio Investment Management LLC raised its stake in Philip Morris International by 33.8% during the 4th quarter. Studio Investment Management LLC now owns 428 shares of the company’s stock valued at $43,000 after purchasing an additional 108 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Reginaldo Dobrowolski sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $90.69, for a total transaction of $181,380.00. Following the transaction, the vice president now owns 9,726 shares in the company, valued at approximately $882,050.94. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Philip Morris International news, insider Werner Barth sold 5,000 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $91.46, for a total transaction of $457,300.00. Following the transaction, the insider now directly owns 102,918 shares in the company, valued at approximately $9,412,880.28. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Reginaldo Dobrowolski sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $90.69, for a total transaction of $181,380.00. Following the transaction, the vice president now owns 9,726 shares in the company, valued at $882,050.94. The disclosure for this sale can be found here. Insiders have sold a total of 15,250 shares of company stock worth $1,411,128 in the last 90 days. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Societe Generale raised shares of Philip Morris International from a “sell” rating to a “hold” rating and set a $87.50 price target on the stock in a report on Tuesday, February 13th. UBS Group lowered shares of Philip Morris International from a “buy” rating to a “sell” rating and lowered their price target for the company from $105.00 to $86.50 in a report on Tuesday, January 23rd. Finally, Argus reissued a “hold” rating on shares of Philip Morris International in a report on Tuesday, March 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $105.40.

Philip Morris International Price Performance

Shares of PM traded up $0.90 during trading hours on Wednesday, hitting $89.50. The stock had a trading volume of 4,617,555 shares, compared to its average volume of 6,176,750. The company’s fifty day moving average is $91.09 and its two-hundred day moving average is $92.03. Philip Morris International Inc. has a 52 week low of $87.23 and a 52 week high of $101.92. The stock has a market capitalization of $139.13 billion, a price-to-earnings ratio of 17.83, a P/E/G ratio of 1.85 and a beta of 0.61.

Philip Morris International (NYSE:PM) last posted its earnings results on Thursday, February 8th. The company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.08). The firm had revenue of $9.05 billion during the quarter, compared to the consensus estimate of $8.99 billion. Philip Morris International had a negative return on equity of 116.29% and a net margin of 8.53%. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.39 EPS. Equities analysts predict that Philip Morris International Inc. will post 6.37 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Thursday, March 21st were given a dividend of $1.30 per share. The ex-dividend date was Wednesday, March 20th. This represents a $5.20 annualized dividend and a yield of 5.81%. Philip Morris International’s dividend payout ratio (DPR) is 103.59%.

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.