Cypress Capital Group Cut Philip Morris International (PM) Stake By $313,131; Primerica (PRI) Sellers Decreased By 3.65% Their Shorts

March 17, 2018 - By Adrian Mccoy

Primerica Inc (NYSE:PRI) had a decrease of 3.65% in short interest. PRI’s SI was 1.13M shares in March as released by FINRA. Its down 3.65% from 1.17M shares previously. With 170,500 avg volume, 7 days are for Primerica Inc (NYSE:PRI)’s short sellers to cover PRI’s short positions. The SI to Primerica Inc’s float is 2.56%. The stock increased 1.39% or $1.4 during the last trading session, reaching $101.95. About 332,847 shares traded or 70.31% up from the average. Primerica, Inc. (NYSE:PRI) has risen 46.20% since March 17, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Cypress Capital Group decreased Philip Morris International Inc (PM) stake by 3.69% reported in 2017Q3 SEC filing. Cypress Capital Group sold 2,821 shares as Philip Morris International Inc (PM)’s stock rose 10.69%. The Cypress Capital Group holds 73,631 shares with $8.17M value, down from 76,452 last quarter. Philip Morris International Inc now has $160.70 billion valuation. The stock decreased 1.46% or $1.53 during the last trading session, reaching $103.46. About 8.28 million shares traded or 60.30% up from the average. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since March 17, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Among 19 analysts covering Philip Morris International (NYSE:PM), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Philip Morris International had 55 analyst reports since August 24, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, November 30 by Nomura. Bank of America downgraded the shares of PM in report on Wednesday, January 4 to “Neutral” rating. The company was upgraded on Friday, January 19 by Jefferies. Morgan Stanley maintained it with “Overweight” rating and $123 target in Tuesday, January 30 report. CLSA upgraded Philip Morris International Inc. (NYSE:PM) on Monday, November 14 to “Buy” rating. The firm has “Buy” rating given on Thursday, September 28 by Goldman Sachs. SBG Securities upgraded Philip Morris International Inc. (NYSE:PM) on Wednesday, July 20 to “Hold” rating. The rating was maintained by Cowen & Co on Friday, October 20 with “Buy”. The stock has “Hold” rating by Societe Generale on Thursday, April 21. The company was maintained on Wednesday, January 10 by Stifel Nicolaus.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on April, 19. They expect $0.87 earnings per share, down 11.22% or $0.11 from last year’s $0.98 per share. PM’s profit will be $1.35 billion for 29.73 P/E if the $0.87 EPS becomes a reality. After $1.31 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -33.59% negative EPS growth.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.14, from 0.97 in 2017Q2. It improved, as 55 investors sold PM shares while 524 reduced holdings. 112 funds opened positions while 452 raised stakes. 1.10 billion shares or 0.12% more from 1.10 billion shares in 2017Q2 were reported. First Merchants holds 0.27% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 13,863 shares. The Massachusetts-based Moors And Cabot has invested 0.42% in Philip Morris International Inc. (NYSE:PM). Conning invested in 0.8% or 210,852 shares. Alesco Advisors Llc holds 0.03% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 3,972 shares. Fdx reported 125,770 shares. 954 were reported by Live Your Vision Ltd Liability. Cibc Asset Mngmt reported 0.13% stake. Wealth Architects Ltd Liability Com holds 0.23% or 5,953 shares in its portfolio. Argyle Cap Mgmt owns 2,800 shares or 0.12% of their US portfolio. Sabal invested in 3,015 shares or 0.03% of the stock. Sequoia Fincl Advisors, a Ohio-based fund reported 2,095 shares. Checchi Advisers Ltd Com invested in 0.18% or 15,971 shares. Advisors Cap Mngmt Lc holds 1.39% or 154,902 shares. Engineers Gate Manager LP reported 23,887 shares. Connor Clark And Lunn Invest Management Limited holds 496,717 shares.

Cypress Capital Group increased Ishares (EFAV) stake by 12,360 shares to 41,849 valued at $2.97M in 2017Q3. It also upped S&P Global Inc stake by 2,015 shares and now owns 20,465 shares. Vanguard (VTI) was raised too.

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

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.04, from 1.01 in 2017Q2. It is negative, as 22 investors sold Primerica, Inc. shares while 81 reduced holdings. 35 funds opened positions while 69 raised stakes. 43.39 million shares or 1.61% less from 44.10 million shares in 2017Q2 were reported. Old Mutual Customised Solutions (Proprietary) reported 1,300 shares. Credit Suisse Ag reported 72,993 shares or 0.01% of all its holdings. Brinker Inc holds 0.03% or 8,985 shares in its portfolio. Fifth Third Financial Bank holds 0% or 8,285 shares. Bankshares Of America Corp De accumulated 127,245 shares. Kayne Anderson Rudnick Investment Mngmt Lc holds 2.58% or 3.51M shares in its portfolio. Alliancebernstein Limited Partnership has 119,837 shares. Tudor Inv Et Al owns 8,394 shares or 0.02% of their US portfolio. Guggenheim Ltd Liability Com reported 126,516 shares. The Illinois-based Evanston Investments Dba Evanston Advsr has invested 0.78% in Primerica, Inc. (NYSE:PRI). Nationwide Fund Advisors stated it has 0.04% in Primerica, Inc. (NYSE:PRI). Blair William Co Il, Illinois-based fund reported 7,712 shares. Tower Capital Limited Liability Corporation (Trc) stated it has 5,186 shares. 103 are held by Advisory Services Networks Lc. Rhumbline Advisers stated it has 108,822 shares or 0.02% of all its holdings.

Among 8 analysts covering Primerica Inc. (NYSE:PRI), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Primerica Inc. had 20 analyst reports since August 17, 2015 according to SRatingsIntel. Citigroup initiated Primerica, Inc. (NYSE:PRI) on Thursday, January 26 with “Neutral” rating. As per Tuesday, August 8, the company rating was maintained by Wells Fargo. As per Wednesday, July 13, the company rating was downgraded by Wood. The stock of Primerica, Inc. (NYSE:PRI) earned “Hold” rating by Keefe Bruyette & Woods on Friday, June 23. The company was downgraded on Friday, April 21 by Wells Fargo. On Monday, April 24 the stock rating was downgraded by William Blair to “Market Perform”. As per Wednesday, September 9, the company rating was reinitiated by Keefe Bruyette & Woods. The firm has “Buy” rating by Jefferies given on Monday, August 17. Wood maintained the stock with “Hold” rating in Monday, May 15 report. The firm earned “Outperform” rating on Tuesday, October 20 by Raymond James.

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