Large Outflow of Money Witnessed in Philip Morris International Inc

Philip Morris International Inc (PM) jumped 0.39 points or 0.41% on strong buying and was last priced at $96.52 per share. The shares saw huge fund flow intraday; a massive $31.3 million made their way in through the upticks but an even bigger $36.49 million made their way out through downticks. As per the last observation, the net money flow stood at $(-5.2) million and the up/down ratio was found to be 0.86. The shares have seen a weekly value change of 0.21% .A block trade was recorded in the company shares with a net money flow of $(-5.49) million. The composite value of the funds in upticks was $2.75 million and the total value of funds in downticks was $8.25. As can be seen from the data, the block transaction had the up/down ratio of 0.33.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Philip Morris International Inc. has dropped 0.46% in the last five trading days, however, the shares have posted positive gains of 4.87% in the last 4 weeks. Philip Morris International Inc. is up 0.64% in the last 3-month period. Year-to-Date the stock performance stands at 4.87%. Philip Morris International Inc (NYSE:PM) witnessed a decline in the market cap on Wednesday as its shares dropped 0.19% or 0.18 points. After the session commenced at $95.61, the stock reached the higher end at $97 while it hit a low of $95.2. With the volume soaring to 5,264,332 shares, the last trade was called at $95.95. The company has a 52-week high of $104.2. The company has a market cap of $148,852 million and there are 1,551,349,900 shares in outstanding. The 52-week low of the share price is $86.78.

Company has reported several Insider transactions to the SEC, on Nov 23, 2016, Patrick Brunel (Sr. VP & Chief Info Officer) purchased 1,000 shares at 88.21 per share price.On Nov 21, 2016, Jun Makihara (director) purchased 2,000 shares at 89.22 per share price.On Apr 28, 2016, Marc S Firestone (Sr. VP & General Counsel) sold 18,000 shares at 97.06 per share price.

Philip Morris International Last issued its quarterly earnings results on Oct 18, 2016. The company reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.23. The company had revenue of $6982.00 million for the quarter, compared to analysts expectations of $6975.30 million. The companys revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.24 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Philip Morris International was Downgraded by BofA/Merrill on Jan 4, 2017 to Neutral, Price Target of the shares are set at $96.Philip Morris International was Upgraded by CLSA to Buy on Nov 14, 2016.

Philip Morris International is the leading international tobacco company, with products sold in over 160 countries. They own 7 of the top 15 brands in the world and have a strong mix of international and local products that seek to appeal to a wide array of adult smokers.


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