Cedar Rock Capital LTD Lowered Philip Morris Intl (PM) Holding; Ensco plc (ESV) Had 14 Bullish Analysts

December 10, 2017 - By Henry Gaston

Cedar Rock Capital Ltd decreased Philip Morris Intl Inc (PM) stake by 1.36% reported in 2017Q2 SEC filing. Cedar Rock Capital Ltd sold 153,659 shares as Philip Morris Intl Inc (PM)’s stock rose 10.69%. The Cedar Rock Capital Ltd holds 11.16 million shares with $1.31 billion value, down from 11.31 million last quarter. Philip Morris Intl Inc now has $165.56B valuation. The stock decreased 0.10% or $0.11 during the last trading session, reaching $106.59. About 4.61 million shares traded or 11.34% up from the average. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since December 10, 2016 and is uptrending. It has underperformed by 0.05% the S&P500.

Among 34 analysts covering Ensco Plc (NYSE:ESV), 14 have Buy rating, 5 Sell and 15 Hold. Therefore 41% are positive. Ensco Plc had 76 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, December 16 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm has “Buy” rating given on Wednesday, September 21 by Goldman Sachs. The rating was downgraded by Fearnley on Wednesday, March 9 to “Sell”. The rating was upgraded by PiperJaffray on Monday, June 19 to “Overweight”. Tudor Pickering initiated the stock with “Hold” rating in Friday, March 24 report. The stock has “Overweight” rating by Piper Jaffray on Monday, June 19. Morgan Stanley upgraded Ensco plc (NYSE:ESV) on Friday, April 15 to “Equal-Weight” rating. Bernstein initiated the stock with “Outperform” rating in Friday, December 2 report. The company was maintained on Friday, July 31 by RBC Capital Markets. The company was upgraded on Monday, September 25 by UBS. See Ensco plc (NYSE:ESV) latest ratings:

27/10/2017 Broker: Jefferies Rating: Hold New Target: $5.5 Maintain
27/10/2017 Broker: FBR Capital Rating: Neutral Old Target: $9.00 New Target: $6.00 Maintain
19/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $6.1 Maintain
19/10/2017 Broker: FBR Capital Rating: Hold
18/10/2017 Broker: Cowen & Co Rating: Hold New Target: $4.0 Maintain
19/10/2017 Broker: HSBC Rating: Buy New Target: $7.3 Initiate
17/10/2017 Broker: BMO Capital Markets Rating: Hold New Target: $5.0 Maintain
13/10/2017 Broker: Goldman Sachs Rating: Buy New Target: $8.0
10/10/2017 Broker: Deutsche Bank Rating: Hold New Target: $6 Initiates Coverage On
25/09/2017 Broker: UBS Old Rating: Neutral New Rating: Buy Upgrade

Investors sentiment increased to 1.01 in 2017 Q2. Its up 0.19, from 0.82 in 2017Q1. It improved, as 51 investors sold Ensco plc shares while 94 reduced holdings. 51 funds opened positions while 96 raised stakes. 300.48 million shares or 19.02% more from 252.47 million shares in 2017Q1 were reported. Bank & Trust Of Ny Mellon Corporation reported 5.58M shares. Virginia Retirement Et Al reported 154,719 shares or 0.01% of all its holdings. Van Den Berg Management I has invested 1.05% of its portfolio in Ensco plc (NYSE:ESV). Nomura Asset Management Ltd holds 0% or 10,500 shares. 648,460 are owned by First Manhattan. Adage Prns Limited stated it has 4.15M shares or 0.05% of all its holdings. Bnp Paribas Arbitrage holds 619,723 shares or 0.01% of its portfolio. Commerzbank Aktiengesellschaft Fi invested in 0% or 10,209 shares. Balyasny Asset Management Ltd Liability Com holds 158,750 shares. Bluemountain Capital Ltd Liability Com owns 799,721 shares or 0.09% of their US portfolio. State Of New Jersey Common Pension Fund D holds 265,000 shares or 0.01% of its portfolio. California Pub Employees Retirement System invested in 1.07 million shares. 32.78M were accumulated by Blackrock. Texan Cap Management holds 13,670 shares or 0.05% of its portfolio. Vanguard Group Inc owns 25.57M shares.

Ensco plc provides offshore contract drilling services to the gas and oil industry worldwide. The company has market cap of $2.46 billion. It operates through three divisions: Floaters, Jackups, and Other. It has a 35.12 P/E ratio. The firm owns and operates an offshore drilling rig fleet of 68 rigs, including 30 located in the Middle East, Africa, and the Asia Pacific, which comprise 4 rigs under construction; 21 situated in North and South America, including Brazil; and 17 located in Europe and the Mediterranean.

The stock increased 0.54% or $0.03 during the last trading session, reaching $5.62. About 10.13 million shares traded. Ensco plc (NYSE:ESV) has declined 23.23% since December 10, 2016 and is downtrending. It has underperformed by 39.93% the S&P500.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on February, 1. They expect $1.37 earnings per share, up 24.55% or $0.27 from last year’s $1.1 per share. PM’s profit will be $2.13B for 19.45 P/E if the $1.37 EPS becomes a reality. After $1.27 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts 7.87% EPS growth.

Among 19 analysts covering Philip Morris International (NYSE:PM), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Philip Morris International had 47 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was upgraded by Societe Generale to “Buy” on Friday, October 20. The company was maintained on Thursday, October 19 by Piper Jaffray. The rating was maintained by Piper Jaffray with “Buy” on Friday, August 18. The stock has “Buy” rating by Cowen & Co on Friday, October 20. The stock of Philip Morris International Inc. (NYSE:PM) earned “Neutral” rating by Goldman Sachs on Wednesday, April 20. On Wednesday, October 5 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by JP Morgan with “Neutral” on Tuesday, April 19. The rating was upgraded by Bank of America to “Buy” on Thursday, March 24. The rating was maintained by Goldman Sachs with “Buy” on Monday, October 3. The stock of Philip Morris International Inc. (NYSE:PM) earned “Neutral” rating by Citigroup on Tuesday, September 13.

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