Philip Morris International (PM) Stock Declined While American Money Management Has Boosted Its Stake; Shire Plc (SHPG) Stake Maintained by American Assets Investment Management Llc

June 21, 2018 - By Louis Casey

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American Assets Investment Management Llc increased its stake in Shire Plc (SHPG) by 50% based on its latest 2018Q1 regulatory filing with the SEC. American Assets Investment Management Llc bought 5,000 shares as the company’s stock rose 30.80% while stock markets declined. The institutional investor held 15,000 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $2.24M, up from 10,000 at the end of the previous reported quarter. American Assets Investment Management Llc who had been investing in Shire Plc for a number of months, seems to be bullish on the $49.36 billion market cap company. The stock increased 1.11% or $1.79 during the last trading session, reaching $162.4. About 958,526 shares traded. Shire plc (NASDAQ:SHPG) has declined 10.60% since June 21, 2017 and is downtrending. It has underperformed by 23.17% the S&P500. Some Historical SHPG News: 20/04/2018 – TAKEDA PHARMACEUTICAL CO LTD 4502.T CONSIDERING RAISING BID FOR SHIRE PLC SHP.L TO 47 POUNDS PER SHARE OR MORE; 26/03/2018 – SHIRE SHIRE AND NANOMEDSYN ENTER INTO RESEARCH PACT FOR; 26/04/2018 – SHIRE PLC SHP.L – DILUTED EARNINGS PER ADS ((3)) $1.81; 19/04/2018 – Yahoo! UK: Exclusive – Allergan in talks to acquire Shire, competing against Takeda; 25/04/2018 – GSK rules out entering Shire takeover battle; 20/04/2018 – TAKEDA PHARMACEUTICAL CO LTD – BELIEVES THAT IMPROVED PROPOSAL REPRESENTS A HIGHLY COMPELLING OPPORTUNITY FOR SHIRE SHAREHOLDERS; 15/05/2018 – Shire Recognizes MPS Awareness Day 2018 with Digital Campaign and Global Events Focused on Increasing Diseases Awareness; 26/04/2018 – Shire PLC 1Q Net Pft $550.6M; 24/04/2018 – Shire Says It Will Recommend $64 Billion Revised Bid From Takeda; 20/03/2018 – SHIRE PLC SHP.L – NEW DATA PRESENTED AT ENDOCRINE SOCIETY’S 2018 ANNUAL MEETING ADVANCES UNDERSTANDING OF RARE DISEASE CHRONIC HYPOPARATHYROIDISM

American Money Management Llc increased its stake in Philip Morris International (PM) by 13.25% based on its latest 2018Q1 regulatory filing with the SEC. American Money Management Llc bought 3,578 shares as the company’s stock declined 24.69% with the market. The institutional investor held 30,574 shares of the farming and seeds and milling company at the end of 2018Q1, valued at $3.04M, up from 26,996 at the end of the previous reported quarter. American Money Management Llc who had been investing in Philip Morris International for a number of months, seems to be bullish on the $123.53 billion market cap company. The stock decreased 1.41% or $1.14 during the last trading session, reaching $79.47. About 5.37 million shares traded. Philip Morris International Inc. (NYSE:PM) has declined 32.76% since June 21, 2017 and is downtrending. It has underperformed by 45.33% the S&P500. Some Historical PM News: 19/04/2018 – PHILIP MORRIS SEES 2018 EFFECTIVE TAX RATE OF ABOUT 26%; 19/04/2018 – Philip Morris Sees 2018 Currency-neutral Net Rev Growth of Approximately 8.0%; 19/04/2018 – Philip Morris 1Q Middle East & Africa Cigarette and Heated Tobacco Unit Volume Down 6.5%; 09/04/2018 – Fitch Sees Altria as Well-Positioned Through Its Licensing Agreement With Philip Morris; 19/04/2018 – PHILIP MORRIS BOOSTS 2018 FORECAST; 21/03/2018 – Philip Morris: Facility to Be Fully Operational by End of 2018; 30/05/2018 – Tobacco-Free Kids: Sick Joke — Philip Morris Repeats Call for Smoke-Free Future While It Aggressively Markets Cigarettes and F; 19/04/2018 – Philip Morris 1Q Adj EPS $1.00; 21/03/2018 – Philip Morris: Factory of Greek Affiliate Ceases Cigarette Production; 09/05/2018 – Philip Morris 2018 EPS View Includes Favorable Currency Impact of About 6c/Share

Investors sentiment decreased to 0.91 in 2018 Q1. Its down 0.20, from 1.11 in 2017Q4. It turned negative, as 61 investors sold PM shares while 545 reduced holdings. 126 funds opened positions while 427 raised stakes. 1.09 billion shares or 0.05% less from 1.09 billion shares in 2017Q4 were reported. Veritable LP holds 0.29% or 135,700 shares in its portfolio. Regal Inv Advsrs Ltd holds 3,784 shares or 0.08% of its portfolio. Amica Pension Fund Board Of Trustees reported 0.53% of its portfolio in Philip Morris International Inc. (NYSE:PM). Interocean Cap Limited Liability owns 5,638 shares or 0.07% of their US portfolio. Ancora Advsr Lc, Us-based fund reported 11,866 shares. Washington Trust State Bank owns 0.22% invested in Philip Morris International Inc. (NYSE:PM) for 15,576 shares. Sumitomo Mitsui Tru reported 0.61% stake. Suffolk Mgmt Limited Liability Corporation owns 88,613 shares. Provise Management reported 0.4% in Philip Morris International Inc. (NYSE:PM). Susquehanna International Group Llp has 24,045 shares for 0% of their portfolio. Merriman Wealth Ltd Liability Corporation has invested 0.16% in Philip Morris International Inc. (NYSE:PM). Regent Investment Management Limited Liability Company has 0.25% invested in Philip Morris International Inc. (NYSE:PM) for 7,511 shares. Paragon Mngmt has 2,402 shares for 0.11% of their portfolio. Janney Cap Mngmt Llc has 299,384 shares for 1.3% of their portfolio. Qs Invsts Lc reported 348,034 shares or 0.35% of all its holdings.

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 63 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Friday, August 18 by Piper Jaffray. The firm has “Buy” rating given on Friday, October 20 by Cowen & Co. Jefferies maintained Philip Morris International Inc. (NYSE:PM) on Wednesday, October 5 with “Hold” rating. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Monday, September 12 by Goldman Sachs. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 19. The stock has “Buy” rating by Goldman Sachs on Monday, October 3. The stock has “Neutral” rating by Nomura on Monday, November 30. The stock has “Hold” rating by SBG Securities on Wednesday, July 20. The company was maintained on Friday, May 18 by Stifel Nicolaus. The firm has “Outperform” rating given on Tuesday, March 8 by BNP Paribas.

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Seekingalpha.com which released: “The Pain Of Philip Morris” on June 12, 2018, also Seekingalpha.com with their article: “Philip Morris: Investors Are Ignoring This” published on May 28, 2018, Seekingalpha.com published: “Philip Morris: No Buyback Now” on June 04, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Seekingalpha.com and their article: “Philip Morris: A Killer Stock” published on June 08, 2018 as well as Fool.com‘s news article titled: “3 Reasons Philip Morris International Investors Should Be More Afraid Than Ever” with publication date: June 01, 2018.

Since February 21, 2018, it had 4 buys, and 3 selling transactions for $6.75 million activity. $248,282 worth of Philip Morris International Inc. (NYSE:PM) was bought by Whitson Jerry. 6,000 shares were bought by Zielinski Miroslaw, worth $489,360. Li Jennifer also bought $3.25M worth of Philip Morris International Inc. (NYSE:PM) on Friday, May 11. 49,000 shares were sold by CALANTZOPOULOS ANDRE, worth $5.08 million. Geissler Werner also bought $3.97 million worth of Philip Morris International Inc. (NYSE:PM) on Friday, May 11. CAMILLERI LOUIS C also sold $8.21 million worth of Philip Morris International Inc. (NYSE:PM) on Wednesday, May 9.

Shire plc (NASDAQ:SHPG) Institutional Positions Chart

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