Legal & General Group Plc Trimmed Philip Morris Intl (PM) Position By $12.03 Million; Sands Capital Management Has Cut Its Palo Alto Networks (PANW) Position

January 14, 2018 - By Ruchi Gupta

Legal & General Group Plc decreased Philip Morris Intl Inc (PM) stake by 1.46% reported in 2017Q3 SEC filing. Legal & General Group Plc sold 108,367 shares as Philip Morris Intl Inc (PM)’s stock rose 10.69%. The Legal & General Group Plc holds 7.31M shares with $812.09M value, down from 7.42M last quarter. Philip Morris Intl Inc now has $162.31 billion valuation. The stock decreased 0.34% or $0.36 during the last trading session, reaching $104.5. About 5.51M shares traded or 23.28% up from the average. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since January 14, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Sands Capital Management Llc decreased Palo Alto Networks Inc (PANW) stake by 5.85% reported in 2017Q3 SEC filing. Sands Capital Management Llc sold 192,608 shares as Palo Alto Networks Inc (PANW)’s stock declined 24.72%. The Sands Capital Management Llc holds 3.10M shares with $447.07 million value, down from 3.30M last quarter. Palo Alto Networks Inc now has $14.11B valuation. The stock decreased 0.42% or $0.64 during the last trading session, reaching $153.52. About 1.29M shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since January 14, 2017 and is downtrending. It has underperformed by 33.01% the S&P500.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on February, 1. They expect $1.36 earnings per share, up 23.64% or $0.26 from last year’s $1.1 per share. PM’s profit will be $2.11 billion for 19.21 P/E if the $1.36 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 7.09% EPS growth.

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.09, from 0.88 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. Arrowstreet Capital Partnership accumulated 5.94 million shares. Huntington Bank owns 169,776 shares. Taurus Asset Limited accumulated 1.69% or 97,820 shares. Davenport & Co Ltd Co invested in 639,506 shares. Lenox Wealth holds 0.01% or 275 shares. 3,015 are owned by Sabal. C M Bidwell And Assocs stated it has 214 shares. Blb&B Advisors Limited Liability Com, a Pennsylvania-based fund reported 15,885 shares. Torch Wealth Ltd Liability Company stated it has 0.32% in Philip Morris International Inc. (NYSE:PM). Pictet Asset Management Ltd invested in 0.36% or 1.15M shares. Moreover, Profund Advsrs Llc has 0.17% invested in Philip Morris International Inc. (NYSE:PM). Cognios Cap Ltd Liability Corporation stated it has 13,312 shares or 0.6% of all its holdings. Quantum Management Ltd Com Nj holds 0.03% in Philip Morris International Inc. (NYSE:PM) or 1,650 shares. New York-based Cornerstone Management Ltd Liability Corporation has invested 0.5% in Philip Morris International Inc. (NYSE:PM). Archford Strategies Lc has invested 1.08% in Philip Morris International Inc. (NYSE:PM).

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

Legal & General Group Plc increased Cable One Inc stake by 503 shares to 4,208 valued at $3.04M in 2017Q3. It also upped Biogen Inc (NASDAQ:BIIB) stake by 16,871 shares and now owns 1.09M shares. Hertz Global Hldgs Inc was raised too.

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. On Monday, November 30 the stock rating was upgraded by Nomura to “Neutral”. The stock of Philip Morris International Inc. (NYSE:PM) has “Hold” rating given on Tuesday, June 20 by Jefferies. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Monday, July 17 by Stifel Nicolaus. The firm has “Buy” rating by Vetr given on Monday, August 24. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Monday, August 21 by Cowen & Co. As per Friday, September 22, the company rating was maintained by Cowen & Co. On Thursday, April 21 the stock rating was upgraded by Societe Generale to “Hold”. The company was maintained on Friday, October 20 by Cowen & Co. Wells Fargo maintained it with “Buy” rating and $140.0 target in Tuesday, October 10 report. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Thursday, September 28 by Goldman Sachs.

Investors sentiment increased to 1.16 in Q3 2017. Its up 0.22, from 0.94 in 2017Q2. It is positive, as 43 investors sold PANW shares while 148 reduced holdings. 63 funds opened positions while 159 raised stakes. 70.19 million shares or 3.76% more from 67.64 million shares in 2017Q2 were reported. Manufacturers Life Insur Company The reported 3,522 shares. Boothbay Fund Mngmt Ltd Liability Company holds 0.09% or 3,775 shares in its portfolio. Ameriprise Fin has 0.07% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 1.07 million shares. Grandeur Peak Global Ltd Liability has 7,975 shares for 0.18% of their portfolio. Telemus Capital Limited Co has invested 0.31% in Palo Alto Networks, Inc. (NYSE:PANW). Jacobs Levy Equity invested 0.06% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Proshare Advsr Ltd Liability Com reported 0% stake. Firsthand Cap Management Inc accumulated 2.56% or 20,000 shares. Apriem invested 0.07% in Palo Alto Networks, Inc. (NYSE:PANW). L S invested in 5,080 shares or 0.12% of the stock. Cetera Advisor Ltd Llc holds 0.01% or 1,596 shares in its portfolio. Newman Dignan And Sheerar reported 1,675 shares stake. Sphera Funds reported 0.43% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW). Sg Americas Secs Ltd Liability Co stated it has 8,555 shares or 0.01% of all its holdings. Tocqueville Asset Mgmt Limited Partnership has 176,905 shares.

Since September 8, 2017, it had 0 insider buys, and 11 selling transactions for $52.49 million activity. Shares for $4.15 million were sold by ZUK NIR on Friday, December 15. $5.23 million worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by MCLAUGHLIN MARK D. Anderson Mark sold $6.36M worth of stock. Eschenbach Carl M. also sold $227,920 worth of Palo Alto Networks, Inc. (NYSE:PANW) on Friday, September 8. $302,024 worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by MERESMAN STANLEY J. BONVANIE RENE sold $4.09 million worth of Palo Alto Networks, Inc. (NYSE:PANW) on Tuesday, October 10.

Analysts await Palo Alto Networks, Inc. (NYSE:PANW) to report earnings on February, 27. They expect $-0.21 earnings per share, up 63.79% or $0.37 from last year’s $-0.58 per share. After $-0.16 actual earnings per share reported by Palo Alto Networks, Inc. for the previous quarter, Wall Street now forecasts 31.25% negative EPS growth.

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