As Philip Morris Intl INC (PM) Shares Declined, Shareholder Associated Banc-Corp Increased Its Stake by $31.73 Million

June 27, 2018 - By Nellie Deboer

Philip Morris International Inc. (NYSE:PM) Corporate LogoBig Money Sentiment decreased to 0.91 in Q1 2018. It has change of 0.20, from 2017Q4’s 1.11. The ratio worsened due to PM positioning: 61 sold and 545 reduced. 126 funds took stakes and 427 increased stakes. Investors holded 1.09 billion in 2017Q4 but now own 1.09 billion shares or 0.05% less. Cullen Frost Bankers reported 83,991 shs. Mitchell Sinkler & Starr Pa owns 7,104 shs or 0.81% of their US capital. Ny State Teachers Retirement has 2.59M shs for 0.63% of their capital. Bbva Compass Bancorporation Incorporated stated it has 105,544 shs. Ledyard Financial Bank holds 0.24% or 20,179 shs in its capital. Blackhill reported 91,024 shs. Guggenheim Capital Ltd Co, a Illinois-based fund reported 760,802 shs. 46,234 were reported by Agf Invests America Incorporated. Int Ca owns 52,606 shs. Berkshire Asset Limited Liability Company Pa holds 27,719 shs or 0.27% of its capital. Annex Advisory Limited Liability Corporation owns 9,791 shs or 0.18% of their US capital. Lau Limited Liability reported 3,811 shs stake. Sun Life Fincl reported 2,070 shs stake. Cypress Management Ltd Limited Liability Company has invested 0.09% in Philip Morris International Inc. (NYSE:PM). Franklin Resources Inc stated it has 0.35% in Philip Morris International Inc. (NYSE:PM).

PM had 3 selling transactions and 4 insider purchases since February 21, 2018. This’s net activity of $6.75 million. Shares for $5.08M were sold by CALANTZOPOULOS ANDRE. CAMILLERI LOUIS C sold $8.21 million worth of Philip Morris International Inc. (NYSE:PM) or 100,000 shs on Wednesday, May 9. The insider Whitson Jerry bought 3,000 shs worth $248,282. Shares for $489,360 were bought by Zielinski Miroslaw. Shares for $3.97 million were bought by Geissler Werner. The insider FIRESTONE MARC S sold 13,650 shs worth $1.43 million.

The holdings In Philip Morris Intl Inc (PM) was increased owned by Associated Banc-Corp. According to 2018Q1 SEC filling the decrease is 854.75%. By buying 320,530 shares Associated Banc-Corp made the stock sank with 24.69%. The institutional investor is holding 358,030 shares, compared to the 37,500 from the previous quarter. And the announced value of the farming and seeds and milling company is $35.59M for the 2018Q1. $124.79 billion is the market cap of Philip Morris Intl Inc. The stock increased 0.64% or $0.51 during the last trading session, hitting $80.28.Currently Philip Morris International Inc. is downtrending after 32.76% change in last June 27, 2017. PM has 1.35 million shares volume. PM underperformed the S&P 500 by 45.33%.

The Associated Banc-Corp’s stake in Apple Inc (NASDAQ:AAPL) was reduced by 59,306 shares to 303,098 shares valued at $50.85 million in 2018Q1, according to the filing. It operates about $1.76B US Long portfolio. Associated Banc-Corp has cut its stake in Danaher Corp Del (NYSE:DHR) and also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 2,470 shares in the quarter, for a total of 19,358 shares.

For more Philip Morris International Inc. (NYSE:PM) news announced recently go to: Fool.com, Fool.com, Seekingalpha.com, Seekingalpha.com or Fool.com. The titles are as follows: “Better Buy: Philip Morris International vs. Altria” announced on June 05, 2018, “3 Reasons Philip Morris International Investors Should Be More Afraid Than Ever” on June 01, 2018, “Philip Morris: No Buyback Now” with a publish date: June 04, 2018, “Philip Morris: Big Confidence Booster” and the last “Are These 4 Fears About Altria Group Overblown?” with publication date: June 24, 2018.

Philip Morris International Inc. (NYSE:PM) Ratings Coverage

In total 9 analysts cover Philip Morris (NYSE:PM). “Buy” rating has 8, “Sell” are 1, while 0 are “Hold”. 89% are bullish. With $137.0 highest and $10000 lowest price target Philip Morris has $109 average price target or 35.77% above the current ($80.28) price. 16 are the (NYSE:PM)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, January 10. On Tuesday, April 24 the rating was maintained by Deutsche Bank with “Buy”. On Tuesday, April 10 the stock has “Buy” rating by Deutsche Bank. On Friday, May 18 Stifel Nicolaus maintained Philip Morris International Inc. (NYSE:PM) with “Buy” rating. On Friday, April 20 the firm has “Underperform” rating by Bank of America given. The company rating was maintained by Piper Jaffray on Thursday, April 19. On Thursday, February 8 the rating was maintained by Piper Jaffray with “Buy”. On Friday, February 9 Cowen & Co maintained Philip Morris International Inc. (NYSE:PM) with “Buy” rating. The company rating was maintained by Cowen & Co on Thursday, April 19. On Friday, January 19 the rating was upgraded by Jefferies to “Buy”.

Philip Morris International Inc. (NYSE:PM) Institutional Investors Chart

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