The institutional investor held 2.77M shares of the consumer services company at the end of 2017Q3, valued at $5.76M, up from 2.23 million at the end of the previous reported quarter.
Honkamp Krueger Financial Services Inc. grew its stake in shares of Philip Morris International Inc. Acropolis Investment Management LLC now owns 1,045 shares of the company's stock valued at $123,000 after acquiring an additional 5 shares during the last quarter. About 1.45M shares traded. Philip Morris International now has $162.74 billion valuation. (NYSE:PM) has risen 16.65% since December 22, 2016 and is uptrending. It has underperformed by 0.05% the S&P500.
Bruni J V & Company decreased its stake in Affiliated Managers Group (AMG) by 2.34% based on its latest 2017Q3 regulatory filing with the SEC. Energy Income Partners Llc acquired 44,760 shares as Xcel Energy Inc (XEL)'s stock rose 9.17%. The institutional investor held 510,000 shares of the public utilities company at the end of 2017Q3, valued at $49.19 million, down from 652,000 at the end of the previous reported quarter. The firm has a market capitalization of $167,932.30, a P/E ratio of 24.08, a PEG ratio of 2.19 and a beta of 0.90. The stock decreased 2.57% or $0.07 during the last trading session, reaching $2.65. About 374,912 shares traded. It has underperformed by 8.53% the S&P500.
Among 19 analysts covering Philip Morris International (NYSE:PM), 12 have Buy rating, 0 Sell and 7 Hold. On Wednesday, February 3 the stock rating was maintained by Barrington Research with "Outperform". On Thursday, February 4 the stock rating was initiated by Credit Suisse with "Outperform". The company was maintained on Tuesday, August 15 by Jefferies. As per Tuesday, April 19, the company rating was maintained by JP Morgan. The firm has "Buy" rating by Deutsche Bank given on Thursday, June 16. On Monday, October 23 the stock rating was downgraded by UBS to "Neutral". The firm has "Neutral" rating by Atlantic Securities given on Friday, February 10.
Investors sentiment increased to 0.97 in Q3 2017. Its down 0.30, from 1.36 in 2017Q2. It is positive, as 34 investors sold AMG shares while 158 reduced holdings. 5 funds opened positions while 11 raised stakes. Vestor Capital Limited Liability stated it has 1,170 shares or 0.03% of all its holdings. (NYSE:PM). Flossbach Von Storch Ag invested in 3.49M shares. Toth Finance Advisory Corporation holds 274,352 shares or 1.67% of its portfolio. 3,830,900 shares of the stock were exchanged, compared to its average volume of 4,179,408. Sg Americas accumulated 18,177 shares. Ngam Advsrs L P stated it has 0.02% in ImmunoGen, Inc. Emerald Advisers Pa reported 0.11% of its portfolio in Affiliated Managers Group, Inc. (NYSE:PM) were released by: Fool.com and their article: "Better Buy: Philip Morris International Inc. vs". (NYSE:AMG). American Bank invested 0.99% of its portfolio in Affiliated Managers Group, Inc. Renaissance Tech Ltd Liability Corp has invested 0% in New York & Company, Inc. (NYSE:PM) or 91,346 shares. Biondo Advsr Ltd Liability Corp owns 44,444 shares. Massachusetts Fin Ma reported 0.02% of its portfolio in Affiliated Managers Group, Inc. (NYSE:PM). Japan-based Daiwa Secs Gru has invested 0.05% in Philip Morris International Inc.
Analysts await Prudential Financial, Inc. (NYSE:AMG) to report earnings on January, 29. They expect $0.33 EPS, down 26.67% or $0.12 from last year's $0.45 per share. After $0.29 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 0.00% EPS growth. (NYSE:PM) for 1.15 million shares. It also reduced its holding in Stamps Com Inc (NASDAQ:STMP) by 92,010 shares in the quarter, leaving it with 42,781 shares, and cut its stake in Anthem Inc (NYSE:ANTM). Therefore 81% are positive. Vetr upgraded shares of Philip Morris International from a "strong sell" rating to a "buy" rating and set a $128.00 target price on the stock in a research report on Monday, June 26th. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. The rating was maintained by Jefferies on Friday, July 21 with "Hold". (NYSE:PM) has "Hold" rating given on Friday, August 11 by SBG Securities. The stock now has an average rating of "Hold" and a consensus price target of $124.23. As per Monday, August 21, the company rating was maintained by Cowen & Co. Bank of America upgraded Philip Morris International Inc. Bank of America has "Buy" rating and $110 target. The company was maintained on Wednesday, April 20 by Goldman Sachs. The firm earned "Buy" rating on Friday, September 22 by Cowen & Co. The stock has "Buy" rating by RBC Capital Markets on Monday, August 28.
Since August 30, 2017, it had 0 buys, and 2 sales for $13.44 million activity. Shares for $11.81M were sold by CAMILLERI LOUIS C on Tuesday, October 24.
If you are aware of any facts relating to this investigation, or purchased shares of Philip Morris, you can assist this investigation by visiting the firm's site: www.bgandg.com/pm. Moreover, Sva Plumb Wealth Ltd Com has 0.77% invested in General Electric Company (NYSE:GE). GE's profit will be $2.51B for 15.06 P/E if the $0.29 EPS becomes a reality. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 10,442 shares in the quarter, for a total of 50,654 shares, and has risen its stake in Canadian Pac Ry Ltd (NYSE:CP).
Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.04, from 1.2 in 2017Q2. It improved, as 55 investors sold PM shares while 524 reduced holdings. Ltd. raised its position in shares of Philip Morris International by 798.6% in the fourth quarter. Ok, Oklahoma-based fund reported 14,058 shares.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) there were irregularities in the clinical experiments that underpin Philip Morris' application to the FDA for approval of its iQOS smoking device; and (2) as a result, defendants' statements about Philip Morris' business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.