The Bear Case for Philip Morris International Inc. (PM)

Modesto Morganelli
Gennaio 17, 2018

Point72 Asia Hong Kong Ltd, which manages about $141.01M US Long portfolio, decreased its stake in Wells Fargo Co New (NYSE:WFC) by 6,666 shares to 7,741 shares, valued at $427,000 in 2017Q3, according to the filing. Delek Logistics Partners, LP (DKL) has risen 17.14% since January 17, 2017 and is uptrending. It has outperformed by 16.47% the S&P500.

Provise Management Group Llc decreased Philip Morris Intl Inc (PM) stake by 16.95% reported in 2017Q3 SEC filing. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -91%. Lawson Kroeker Investment Management Inc who had been investing in Anheuser for a number of months, seems to be bullish on the $220.90B market cap company. The stock increased 0.94% or $0.99 during the last trading session, reaching $105.86. Given that liquidity is king in short-term, PM is a stock with 1.55 billion shares outstanding that normally trades 0.57% of its float. Philip Morris International's dividend payout ratio is 94.48%.

Headlines about Philip Morris International (NYSE:PM) have trended somewhat positive this week, according to Accern. It has underperformed by 0.05% the S&P500. (PM)'s shares. The total value of these holdings, in millions, is $118,171.

Since September 7, 2017, it had 0 insider buys, and 1 insider sale for $19,026 activity. The Blackstone Group L.P. had 58 analyst reports since August 9, 2015 according to SRatingsIntel. The stock of Green Plains Inc. Deutsche Bank has "Hold" rating and $170 target. As per Tuesday, September 13, the company rating was initiated by Citigroup. As per Tuesday, August 8, the company rating was maintained by Oppenheimer. On Friday, October 20 the stock rating was upgraded by Societe Generale to "Buy". A reading above 70 indicates that a stock is overvalued, and a reading below 30 implies that it is undervalued. (NASDAQ:GPRE) earned "Overweight" rating by Barclays Capital on Tuesday, July 21. The rating was upgraded by Vetr on Monday, August 24 to "Buy".

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.30, from 1.36 in 2017Q2. It improved, as 30 investors sold BUD shares while 138 reduced holdings. 88 funds opened positions while 466 raised stakes. Pillar Invest Corp sold $4.52M worth of Idera Pharmaceuticals, Inc. Cipher Cap LP holds 0.68% or 81,704 shares. 1St Source National Bank & Trust reported 7,407 shares. The company has a debt-to-equity ratio of -2.91, a quick ratio of 0.68 and a current ratio of 1.13.

Analysts are speculating a 33.97% move, based on the high target price ($140) for the shares that is set to reach in the next 12 months. 9,950 are owned by Rmsincerbeaux Management Limited Liability Corp. Moors And Cabot Incorporated reported 116,689 shares. (NASDAQ:TMUS). Moreover, Pinnacle Financial Prtnrs has 0.03% invested in T-Mobile US, Inc. (NASDAQ:TMUS) for 145,982 shares. Bridgeway Mgmt Inc stated it has 0.04% of its portfolio in Green Plains Inc. Northstar Asset Mgmt Limited Co owns 6,181 shares or 0.3% of their USA portfolio. Cutler Cap Mgmt Limited Com holds 24,000 shares or 0.36% of its portfolio. Price T Rowe Associate Md stated it has 29,100 shares or 0% of all its holdings. (NYSE:PM) shares were sold by Azinovic Drago. $1.62 million worth of Philip Morris International Inc. This nets out to an increase of 6.4 million shares and is a bullish sign for PM. (PM) have shown a high EPS growth of -1.60% in the last 5 years and has earnings rose of 1.30% yoy. PM's profit will be $2.11 billion for 19.28 P/E if the $1.36 EPS becomes a reality. It also provides agricultural loans; commercial and industrial loans, including working capital and other shorter-term lines of credit, and fixed-rate loans; commercial real estate loans comprising owner-occupied and non-owner-occupied CRE loans, multifamily residential real estate loans, and construction and development loans; short-term working capital funding, long-term land-related lending, and other tailored services; and residential mortgage loans, home equity loans, home equity lines of credit and general lines of credit, and auto loans and other loans.

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.09, from 0.88 in 2017Q2. It increased, as 7 investors sold Alexander's, Inc. shares while 20 reduced holdings. 112 funds opened positions while 452 raised stakes. Sg Americas Secs Llc owns 224,097 shares. C M Bidwell & Assoc Ltd reported 0.04% stake. Jefferies maintained the shares of PM in report on Tuesday, September 26 with "Hold" rating. (NYSE:PM). 78,406 are owned by Oakbrook Invests. (NYSE:PM). Moreover, Profund Lc has 0.17% invested in Philip Morris International Inc. Group One Trading Lp accumulated 56,712 shares. D Scott Neal holds 3,265 shares. Veritable Limited Partnership invested 0.01% in T-Mobile US, Inc. Quantitative Investment Mgmt Ltd Liability Corporation reported 322,100 shares stake. Kcm Invest Advsrs Ltd Liability has 23,499 shares. (NYSE:PM). Reilly Advsr Ltd holds 7,060 shares. (NYSE:PM) have been assigned an average rating of "Hold" from the sixteen analysts that are now covering the stock, MarketBeat reports. Therefore 38% are positive.

Analysts See Philip Morris International Inc.

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Piper Jaffray maintained the stock with "Buy" rating in Friday, August 18 report. (NYSE:PM) on Monday, November 14 to "Buy" rating. Jefferies maintained the stock with "Hold" rating in Friday, October 20 report.

Heading into the stock price potential, Philip Morris International Inc. needs to grow just 14.83% to cross its median price target of $120. The company was maintained on Wednesday, April 20 by Goldman Sachs.

Philip Morris International (NYSE:PM) last posted its earnings results on Thursday, October 19th.

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