Gateway Advisory Trimmed Philip Morris Intl (PM) Holding as Stock Declined; As Chemed New (CHE) Shares Rose, Old Mutual Global Investors Uk LTD Decreased Position by $1.95 Million

April 24, 2018 - By Marie Mckinney

Philip Morris International Inc. (NYSE:PM) Logo

Old Mutual Global Investors Uk Ltd decreased its stake in Chemed Corp New (CHE) by 8.43% based on its latest 2017Q4 regulatory filing with the SEC. Old Mutual Global Investors Uk Ltd sold 8,022 shares as the company’s stock rose 14.02% while stock markets declined. The institutional investor held 87,190 shares of the medical and nursing services company at the end of 2017Q4, valued at $21.19 million, down from 95,212 at the end of the previous reported quarter. Old Mutual Global Investors Uk Ltd who had been investing in Chemed Corp New for a number of months, seems to be less bullish one the $4.82 billion market cap company. The stock decreased 0.20% or $0.61 during the last trading session, reaching $302.09. About 55,286 shares traded. Chemed Corporation (NYSE:CHE) has risen 48.33% since April 24, 2017 and is uptrending. It has outperformed by 36.78% the S&P500.

Gateway Advisory Llc decreased its stake in Philip Morris Intl Inc (PM) by 81.61% based on its latest 2017Q4 regulatory filing with the SEC. Gateway Advisory Llc sold 14,887 shares as the company’s stock declined 7.57% with the market. The institutional investor held 3,355 shares of the farming and seeds and milling company at the end of 2017Q4, valued at $354,000, down from 18,242 at the end of the previous reported quarter. Gateway Advisory Llc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $127.05 billion market cap company. The stock decreased 2.32% or $1.94 during the last trading session, reaching $81.73. About 7.96M shares traded or 22.60% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 13.93% since April 24, 2017 and is downtrending. It has underperformed by 25.48% the S&P500.

Among 21 analysts covering Philip Morris International (NYSE:PM), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Philip Morris International had 61 analyst reports since August 24, 2015 according to SRatingsIntel. On Monday, August 21 the stock rating was maintained by Cowen & Co with “Buy”. The stock has “Buy” rating by Stifel Nicolaus on Thursday, August 31. The firm has “Hold” rating given on Tuesday, June 20 by Jefferies. Jefferies maintained it with “Hold” rating and $99 target in Wednesday, October 5 report. The firm has “Buy” rating by Societe Generale given on Friday, October 20. Cowen & Co maintained it with “Buy” rating and $10500 target in Thursday, April 19 report. The firm has “Outperform” rating given on Tuesday, March 8 by BNP Paribas. The firm has “Hold” rating by SBG Securities given on Friday, August 11. Jefferies maintained the shares of PM in report on Thursday, October 12 with “Hold” rating. The stock has “Buy” rating by Stifel Nicolaus on Friday, April 20.

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.14, from 0.97 in 2017Q3. It improved, 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. Buckhead Capital Ltd Company stated it has 14,074 shares or 0.32% of all its holdings. Integral Derivatives Limited Liability reported 10,728 shares. Boothbay Fund Limited Liability Com has invested 0.07% in Philip Morris International Inc. (NYSE:PM). Davidson Invest stated it has 1.3% in Philip Morris International Inc. (NYSE:PM). Becker Cap Mgmt has 0.02% invested in Philip Morris International Inc. (NYSE:PM) for 5,391 shares. Chilton Invest Co Limited Co reported 54,984 shares or 0.22% of all its holdings. Archford Cap Strategies Limited Com owns 0.92% invested in Philip Morris International Inc. (NYSE:PM) for 23,269 shares. Banced Corp stated it has 0.49% in Philip Morris International Inc. (NYSE:PM). Northstar Inv Limited Com reported 106,423 shares or 2.03% of all its holdings. Pictet Asset Ltd invested 0.32% in Philip Morris International Inc. (NYSE:PM). Cambridge stated it has 0.05% of its portfolio in Philip Morris International Inc. (NYSE:PM). Moreover, Mercer Advisers Inc has 0.52% invested in Philip Morris International Inc. (NYSE:PM) for 6,798 shares. Wms Ptnrs Ltd Liability Corp reported 28,283 shares. Verity & Verity Ltd Company holds 1.27% or 39,110 shares in its portfolio. Lynch & Assoc In reported 17,338 shares stake.

Since February 21, 2018, it had 0 buys, and 2 insider sales for $6.51 million activity. The insider CALANTZOPOULOS ANDRE sold 49,000 shares worth $5.08 million.

Gateway Advisory Llc, which manages about $271.34 million and $361.18M US Long portfolio, upped its stake in First Tr Exchange Traded Fd (FDN) by 6,026 shares to 36,381 shares, valued at $4.00 million in 2017Q4, according to the filing. It also increased its holding in Apple Inc Com (NASDAQ:AAPL) by 3,844 shares in the quarter, for a total of 6,704 shares, and has risen its stake in First Tr Nasdaq100 Tech Inde (QTEC).

Since October 30, 2017, it had 0 insider purchases, and 5 sales for $4.34 million activity. SAUNDERS DONALD E sold $117,485 worth of stock or 450 shares. $2.23M worth of Chemed Corporation (NYSE:CHE) shares were sold by MCNAMARA KEVIN J.

Old Mutual Global Investors Uk Ltd, which manages about $10.85B US Long portfolio, upped its stake in American Intl Group Inc (NYSE:AIG) by 23,075 shares to 72,435 shares, valued at $4.32M in 2017Q4, according to the filing. It also increased its holding in Masimo Corp (NASDAQ:MASI) by 72,512 shares in the quarter, for a total of 881,000 shares, and has risen its stake in S&P Global Inc.

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

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