Element Fleet Management Corp. (EFN) EPS Estimated At $0.17; Aviance Capital Management Has Lowered Philip Morris International (PM) Position

April 17, 2018 - By Dolores Ford

Philip Morris International Inc. (NYSE:PM) Logo

Aviance Capital Management Llc decreased Philip Morris International Inc (PM) stake by 99.92% reported in 2017Q4 SEC filing. Aviance Capital Management Llc sold 56,044 shares as Philip Morris International Inc (PM)’s stock declined 7.57%. The Aviance Capital Management Llc holds 45 shares with $5,000 value, down from 56,089 last quarter. Philip Morris International Inc now has $160.58 billion valuation. The stock increased 0.34% or $0.35 during the last trading session, reaching $103.3. About 1.71M shares traded. Philip Morris International Inc. (NYSE:PM) has declined 13.93% since April 17, 2017 and is downtrending. It has underperformed by 25.48% the S&P500.

Analysts expect Element Fleet Management Corp. (TSE:EFN) to report $0.17 EPS on May, 9.They anticipate $0.05 EPS change or 22.73% from last quarter’s $0.22 EPS. T_EFN’s profit would be $64.66M giving it 7.12 P/E if the $0.17 EPS is correct. After having $0.19 EPS previously, Element Fleet Management Corp.’s analysts see -10.53% EPS growth. The stock increased 4.54% or $0.21 during the last trading session, reaching $4.84. About 1.57 million shares traded. Element Fleet Management Corp. (TSE:EFN) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Element Fleet Management Corp. operates as a fleet management firm in North America. The company has market cap of $1.84 billion. The firm offers fleet management services, including acquisition, financing, program management, and remarketing services for cars and light duty vehicles, medium and heavy duty trucks, material handling equipment, automobiles, and specialty vehicles and equipment, as well as corporate, municipal, and industrial fleets. It has a 16.69 P/E ratio. It serves agriculture, business services, chemical, construction, consumer products, education and non-profit, energy, food and beverage, insurance, manufacturing, pharmaceutical and healthcare, professional services, telecommunications, transportation, and utilities industries.

Among 8 analysts covering Element Financial Corporation (TSE:EFN), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Element Financial Corporation had 32 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by TD Securities on Friday, March 10 to “Hold”. The stock of Element Fleet Management Corp. (TSE:EFN) earned “Sector Outperform” rating by Scotia Capital on Thursday, October 15. The stock has “Sector Perform” rating by Scotia Capital on Friday, March 10. Scotia Capital maintained it with “Outperform” rating and $20 target in Thursday, September 22 report. The company was maintained on Tuesday, September 1 by BMO Capital Markets. Scotia Capital maintained the stock with “Outperform” rating in Monday, August 10 report. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, April 24. As per Wednesday, September 2, the company rating was reinitiated by Barclays Capital. The rating was maintained by RBC Capital Markets on Thursday, February 4 with “Outperform”. As per Tuesday, January 10, the company rating was maintained by Scotia Capital.

Investors sentiment increased to 1.11 in Q4 2017. Its up 0.14, from 0.97 in 2017Q3. It is positive, as 74 investors sold PM shares while 467 reduced holdings. 109 funds opened positions while 493 raised stakes. 1.09 billion shares or 0.42% less from 1.10 billion shares in 2017Q3 were reported. Altavista Wealth Mngmt Inc has invested 0.63% in Philip Morris International Inc. (NYSE:PM). Blackhill holds 1.77% or 92,974 shares. Assetmark holds 0.22% or 206,164 shares. Eastern Comml Bank holds 4,081 shares or 0.03% of its portfolio. Horizon Kinetics Limited Liability Co reported 0.1% in Philip Morris International Inc. (NYSE:PM). Exchange Mngmt reported 13,264 shares or 0.5% of all its holdings. Meritage Portfolio Mngmt owns 53,634 shares for 0.54% of their portfolio. 889,400 are held by Factory Mutual. Huntington Bancorporation holds 0.28% in Philip Morris International Inc. (NYSE:PM) or 168,103 shares. First Personal has 0.06% invested in Philip Morris International Inc. (NYSE:PM) for 2,861 shares. Moreover, Hollencrest Capital Mngmt has 1.37% invested in Philip Morris International Inc. (NYSE:PM). Captrust Financial Advsr invested in 0.08% or 12,947 shares. State Street Corp has invested 0.5% of its portfolio in Philip Morris International Inc. (NYSE:PM). Earnest Prtn Ltd Liability Corporation has invested 0% in Philip Morris International Inc. (NYSE:PM). Westover Capital Advisors Limited Com owns 1,939 shares or 0.11% of their US portfolio.

Since October 24, 2017, it had 0 insider purchases, and 3 insider sales for $18.32 million activity. On Tuesday, October 24 CAMILLERI LOUIS C sold $11.81M worth of Philip Morris International Inc. (NYSE:PM) or 108,979 shares. On Wednesday, February 21 CALANTZOPOULOS ANDRE sold $5.08M worth of Philip Morris International Inc. (NYSE:PM) or 49,000 shares. $1.43 million worth of stock was sold by FIRESTONE MARC S on Wednesday, February 21.

Aviance Capital Management Llc increased Walt Disney Co (NYSE:DIS) stake by 11,449 shares to 23,750 valued at $2.55 million in 2017Q4. It also upped Spdr S&P Regional Banking Etf (KRE) stake by 18,601 shares and now owns 406,540 shares. Financial Select Sector Spdr Etf (XLF) was raised too.

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

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