Lingohr & Partner Asset Management Gmbh Position in Morgan Sta (MS) Has Lowered as Share Value Declined; Philip Morris In (PM) Shareholder Viking Fund Management Cut Its Stake by $666,000

January 18, 2018 - By Darrin Black

Viking Fund Management Llc decreased its stake in Philip Morris In (PM) by 18.75% based on its latest 2017Q3 regulatory filing with the SEC. Viking Fund Management Llc sold 6,000 shares as the company’s stock rose 10.69% with the market. The institutional investor held 26,000 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $2.89 million, down from 32,000 at the end of the previous reported quarter. Viking Fund Management Llc who had been investing in Philip Morris In for a number of months, seems to be less bullish one the $163.15 billion market cap company. The stock decreased 0.71% or $0.75 during the last trading session, reaching $105.04. About 2.66M shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since January 18, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Lingohr & Partner Asset Management Gmbh decreased its stake in Morgan Sta (MS) by 34.35% based on its latest 2017Q3 regulatory filing with the SEC. Lingohr & Partner Asset Management Gmbh sold 11,426 shares as the company’s stock declined 9.43% while stock markets rallied. The institutional investor held 21,834 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $1.10 million, down from 33,260 at the end of the previous reported quarter. Lingohr & Partner Asset Management Gmbh who had been investing in Morgan Sta for a number of months, seems to be less bullish one the $100.74 billion market cap company. The stock increased 0.67% or $0.37 during the last trading session, reaching $55.72. About 9.77 million shares traded or 25.30% up from the average. Morgan Stanley (NYSE:MS) has risen 57.08% since January 18, 2017 and is uptrending. It has outperformed by 40.38% the S&P500.

Since August 30, 2017, it had 0 insider purchases, and 2 sales for $13.44 million activity. Azinovic Drago sold $1.62 million worth of stock or 14,000 shares.

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.

Viking Fund Management Llc, which manages about $1.05B and $627.37M US Long portfolio, upped its stake in Oneok Inc (NYSE:OKE) by 25,900 shares to 465,600 shares, valued at $25.80M in 2017Q3, according to the filing. It also increased its holding in Dominion Res/Va (NYSE:D) by 4,000 shares in the quarter, for a total of 41,000 shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.09, from 0.88 in 2017Q2. It is positive, 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. Cap City Tru Fl stated it has 0.56% of its portfolio in Philip Morris International Inc. (NYSE:PM). Aull & Monroe Inv Management stated it has 2,269 shares. Rowland & Inv Counsel Adv has 1,878 shares for 0.09% of their portfolio. First Heartland Consultants Inc holds 0.26% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 9,718 shares. Princeton Portfolio Strategies Group Llc owns 0.35% invested in Philip Morris International Inc. (NYSE:PM) for 11,519 shares. Signature Financial Management stated it has 0.23% in Philip Morris International Inc. (NYSE:PM). Jpmorgan Chase holds 0.42% or 17.09 million shares. Empirical Service Limited has invested 0.05% in Philip Morris International Inc. (NYSE:PM). Moreover, Shell Asset Management Co has 0.41% invested in Philip Morris International Inc. (NYSE:PM) for 293,902 shares. Cutter And Brokerage has invested 0.22% of its portfolio in Philip Morris International Inc. (NYSE:PM). Canandaigua Bancorporation Company holds 0.14% or 6,565 shares in its portfolio. Fort Point Capital Prns Ltd Liability invested in 2,106 shares. Archford Strategies Limited Liability Corp has invested 1.08% in Philip Morris International Inc. (NYSE:PM). Columbia Asset Mngmt stated it has 0.25% in Philip Morris International Inc. (NYSE:PM). Aviance Mngmt Ltd owns 56,089 shares or 0.43% of their US portfolio.

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 49 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was upgraded by SBG Securities on Friday, August 11 to “Hold”. Piper Jaffray maintained Philip Morris International Inc. (NYSE:PM) on Friday, October 13 with “Buy” rating. On Monday, September 12 the stock rating was upgraded by Goldman Sachs to “Buy”. The firm earned “Buy” rating on Monday, July 17 by Stifel Nicolaus. On Tuesday, October 10 the stock rating was maintained by Wells Fargo with “Buy”. The stock of Philip Morris International Inc. (NYSE:PM) earned “Hold” rating by Jefferies on Tuesday, June 20. The firm earned “Buy” rating on Monday, August 24 by Vetr. The rating was maintained by Wells Fargo with “Buy” on Wednesday, November 15. As per Monday, August 21, the company rating was maintained by Cowen & Co. The rating was maintained by Jefferies with “Hold” on Friday, October 20.

Lingohr & Partner Asset Management Gmbh, which manages about $195.79M US Long portfolio, upped its stake in Cvs Health (NYSE:CVS) by 6,400 shares to 28,800 shares, valued at $1.97M in 2017Q3, according to the filing. It also increased its holding in Teck Resou (NYSE:TCK) by 84,400 shares in the quarter, for a total of 142,676 shares, and has risen its stake in Can Imperi (NYSE:CM).

Among 29 analysts covering Morgan Stanley (NYSE:MS), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Morgan Stanley had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, September 28 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Wednesday, March 29 by Deutsche Bank. The stock of Morgan Stanley (NYSE:MS) has “Buy” rating given on Friday, September 15 by HSBC. The stock of Morgan Stanley (NYSE:MS) has “Neutral” rating given on Tuesday, September 15 by Credit Suisse. The stock of Morgan Stanley (NYSE:MS) earned “Buy” rating by JP Morgan on Friday, March 31. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, December 21 report. The stock has “Neutral” rating by Credit Suisse on Wednesday, March 30. The company was maintained on Wednesday, August 30 by RBC Capital Markets. The rating was maintained by Vining Sparks with “Strong-Buy” on Friday, April 21. Argus Research maintained it with “Buy” rating and $35.0 target in Tuesday, January 19 report.

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