Jefferies Reports Philip Morris (PM) Upgrade; Balyasny Asset Management Cut Its F5 Networks (FFIV) Position

January 19, 2018 - By Hazel Jackson

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 has $140.0 highest and $80 lowest target. $113.51’s average target is 8.03% above currents $105.07 stock price. Philip Morris International had 49 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Philip Morris International Inc. (NYSE:PM) earned “Buy” rating by Cowen & Co on Friday, October 20. Wells Fargo maintained Philip Morris International Inc. (NYSE:PM) rating on Wednesday, November 15. Wells Fargo has “Buy” rating and $135.0 target. Goldman Sachs upgraded Philip Morris International Inc. (NYSE:PM) on Monday, September 12 to “Buy” rating. As per Tuesday, September 26, the company rating was maintained by Jefferies. On Thursday, October 12 the stock rating was maintained by Jefferies with “Hold”. The stock of Philip Morris International Inc. (NYSE:PM) earned “Neutral” rating by Bank of America on Wednesday, January 4. Bank of America maintained Philip Morris International Inc. (NYSE:PM) rating on Friday, October 20. Bank of America has “Neutral” rating and $121 target. The rating was upgraded by JP Morgan to “Overweight” on Friday, June 17. The firm has “Buy” rating by Vetr given on Monday, August 24. The firm earned “Outperform” rating on Tuesday, March 8 by BNP Paribas.

Balyasny Asset Management Llc decreased F5 Networks Inc (FFIV) stake by 38.41% reported in 2017Q3 SEC filing. Balyasny Asset Management Llc sold 107,813 shares as F5 Networks Inc (FFIV)’s stock declined 11.30%. The Balyasny Asset Management Llc holds 172,900 shares with $20.85M value, down from 280,713 last quarter. F5 Networks Inc now has $8.64B valuation. The stock decreased 1.11% or $1.55 during the last trading session, reaching $138. About 568,261 shares traded. F5 Networks, Inc. (NASDAQ:FFIV) has risen 21.28% since January 19, 2017 and is uptrending. It has outperformed by 4.58% the S&P500.

Since August 1, 2017, it had 0 buys, and 9 sales for $3.31 million activity. Another trade for 3,262 shares valued at $382,480 was sold by Gibson Benjamin. Shares for $367,930 were sold by DiLullo John D. 4,378 F5 Networks, Inc. (NASDAQ:FFIV) shares with value of $528,128 were sold by EAMES EDWARD JULIAN. 2,029 shares valued at $242,682 were sold by Locoh-Donou Francois on Tuesday, August 1. On Tuesday, August 1 Reinland Andrew sold $747,473 worth of F5 Networks, Inc. (NASDAQ:FFIV) or 6,215 shares. $276,867 worth of F5 Networks, Inc. (NASDAQ:FFIV) was sold by Rogers Scot Frazier. The insider Kearny Ryan C. sold $100,812.

Among 36 analysts covering F5 Networks Inc. (NASDAQ:FFIV), 7 have Buy rating, 1 Sell and 28 Hold. Therefore 19% are positive. F5 Networks Inc. had 99 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Thursday, April 21 with “Neutral”. The firm earned “Buy” rating on Thursday, October 26 by Cowen & Co. The stock has “Buy” rating by Drexel Hamilton on Friday, July 21. Barclays Capital initiated F5 Networks, Inc. (NASDAQ:FFIV) on Wednesday, October 14 with “Equalweight” rating. The stock of F5 Networks, Inc. (NASDAQ:FFIV) earned “Hold” rating by Jefferies on Friday, June 16. On Friday, November 13 the stock rating was downgraded by Dougherty & Company to “Neutral”. The stock of F5 Networks, Inc. (NASDAQ:FFIV) has “Buy” rating given on Thursday, July 21 by Wunderlich. The stock has “Neutral” rating by Sterne Agee CRT on Monday, January 18. The rating was downgraded by Bernstein to “Mkt Perform” on Wednesday, November 30. The firm has “Perform” rating by Oppenheimer given on Tuesday, January 5.

Analysts await F5 Networks, Inc. (NASDAQ:FFIV) to report earnings on January, 24 after the close. They expect $1.56 EPS, up 5.41% or $0.08 from last year’s $1.48 per share. FFIV’s profit will be $97.65M for 22.12 P/E if the $1.56 EPS becomes a reality. After $1.98 actual EPS reported by F5 Networks, Inc. for the previous quarter, Wall Street now forecasts -21.21% negative EPS growth.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.15, from 0.99 in 2017Q2. It worsened, as 42 investors sold FFIV shares while 168 reduced holdings. 32 funds opened positions while 144 raised stakes. 60.06 million shares or 0.69% less from 60.48 million shares in 2017Q2 were reported. Etrade Mgmt Ltd Liability holds 0.02% or 3,799 shares. Nuveen Asset Mngmt Ltd Liability Co accumulated 40,691 shares or 0.03% of the stock. Group Inc One Trading Limited Partnership has invested 0% in F5 Networks, Inc. (NASDAQ:FFIV). Mai Capital Mngmt owns 6,626 shares. Millennium Mngmt Ltd Co accumulated 446,313 shares or 0.08% of the stock. Hardman Johnston Advsr Lc has invested 0.82% in F5 Networks, Inc. (NASDAQ:FFIV). Virginia Retirement Systems Et Al holds 0.08% or 54,100 shares. Prelude Cap Mgmt Limited Co accumulated 1,220 shares. Virtus Advisers holds 0.01% in F5 Networks, Inc. (NASDAQ:FFIV) or 699 shares. Retirement Sys Of Alabama holds 30,830 shares. 1,843 were accumulated by Peak6 Invs Lp. Macquarie Gp Limited has invested 0% in F5 Networks, Inc. (NASDAQ:FFIV). Twin Management holds 0.2% of its portfolio in F5 Networks, Inc. (NASDAQ:FFIV) for 31,390 shares. Moreover, Wesbanco National Bank & Trust has 0.23% invested in F5 Networks, Inc. (NASDAQ:FFIV) for 36,847 shares. Bremer Trust National Association holds 0.8% or 23,843 shares.

Balyasny Asset Management Llc increased Liberty Interactive Corp Qvc Group (NASDAQ:QVCA) stake by 571,478 shares to 620,084 valued at $14.62 million in 2017Q3. It also upped Ubiquiti Networks Inc (NASDAQ:UBNT) stake by 275,000 shares and now owns 300,000 shares. Burlington Stores Inc (NYSE:BURL) was raised too.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on February, 1. They expect $1.36 EPS, up 23.64% or $0.26 from last year’s $1.1 per share. PM’s profit will be $2.11B for 19.31 P/E if the $1.36 EPS becomes a reality. After $1.27 actual EPS reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts 7.09% EPS growth.

The stock decreased 0.68% or $0.72 during the last trading session, reaching $105.07. About 4.13 million shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since January 19, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.09, from 0.88 in 2017Q2. It improved, as 55 investors sold Philip Morris International Inc. 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. Teachers Retirement Of The State Of Kentucky accumulated 502,060 shares. Violich Mgmt Incorporated has 42,671 shares for 1.29% of their portfolio. 2,300 were reported by Sentry Investments. Cortland Associates Inc Mo stated it has 28,411 shares or 0.59% of all its holdings. Atlantic Trust Gp Lc holds 0.06% or 114,523 shares. Atwood And Palmer accumulated 11,200 shares. Tarbox Family Office Incorporated holds 0.24% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 4,952 shares. Mercer Capital Advisers accumulated 6,798 shares. Aull And Monroe Corporation reported 0.13% of its portfolio in Philip Morris International Inc. (NYSE:PM). Maverick Cap Ltd reported 30,700 shares. Wills Financial invested in 0.39% or 4,792 shares. Alethea Mngmt Ltd holds 0.52% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 3,996 shares. Horizon Kinetics Ltd Co holds 0.1% or 30,842 shares in its portfolio. Arizona State Retirement accumulated 414,702 shares. Klingenstein Fields & Company Lc stated it has 48,626 shares or 0.21% of all its holdings.

Since August 30, 2017, it had 0 buys, and 2 selling transactions for $13.44 million activity. On Tuesday, October 24 CAMILLERI LOUIS C sold $11.81M worth of Philip Morris International Inc. (NYSE:PM) or 108,979 shares. The insider Azinovic Drago sold 14,000 shares worth $1.62M.

Philip Morris International Inc., through its subsidiaries, makes and sells cigarettes, other tobacco products, and other nicotine-containing products. The company has market cap of $163.20 billion. The Company’s portfolio of brands comprises Marlboro, Merit, Parliament, Virginia S., L&M, Philip Morris, Bond Street, Chesterfield, Lark, Muratti, Next, and Red & White. It has a 23.19 P/E ratio. The firm also owns various cigarette brands, such as Dji Sam Soe, Sampoerna, and U Mild in Indonesia; Champion, Fortune, and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics, and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece; and Petra in the Czech Republic and Slovakia.

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