As At&T (T) Valuation Declined, Selway Asset Management Lifted Stake by $1.86 Million; Philip Morris Intl (PM) Holder Provident Investment Management Has Decreased Position by $1.72 Million as Shares Rose

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Selway Asset Management increased its stake in At&T Inc. (T) by 198.53% based on its latest 2018Q4 regulatory filing with the SEC. Selway Asset Management bought 66,404 shares as the company’s stock declined 2.47% while stock markets rallied. The institutional investor held 99,852 shares of the telecommunications equipment company at the end of 2018Q4, valued at $2.85M, up from 33,448 at the end of the previous reported quarter. Selway Asset Management who had been investing in At&T Inc. for a number of months, seems to be bullish on the $223.42 billion market cap company. The stock increased 1.29% or $0.39 during the last trading session, reaching $30.67. About 53.36M shares traded or 45.76% up from the average. AT&T Inc. (NYSE:T) has declined 16.72% since March 17, 2018 and is downtrending. It has underperformed by 21.09% the S&P500. Some Historical T News: 22/03/2018 – AT&T may be better off losing Time Warner and not relying on dying pay-TV model; 08/05/2018 – AT&T and Reese Witherspoon’s Hello Sunshine To Give Girls A Chance To Learn Filmmaking This Summer Through Collaboration With Fresh Films; 17/04/2018 – CORRECTING and REPLACING GRAPHIC Strategy Analytics: Sprint’s FlixLatino Partnership Underlines a Different Path in Video to AT&T, T-Mobile and Verizon; 26/04/2018 – Kansas CC: In the Matter of the Investigation of AT&T; 11/05/2018 – AT&T released a memo explaining its deal with Trump lawyer Michael Cohen. Read it here; 08/03/2018 – ASUSTEK COMPUTER 2357.TW SAYS FEB SALES AT T$22.7 BLN; 28/03/2018 – Turner CEO Martin to Testify in AT&T Antitrust Trial (Correct); 30/05/2018 – AT&T CEO: ONLINE TV IS NOT MAKING MONEY FOR US TODAY, IT WILL; 15/03/2018 – Jessica Toonkel: AT&T/Time Warner U.S. merger trial delayed two days: source $T $TWX; 10/04/2018 – AT&T Inc. Announces Final Results of Its Cash Offers

Provident Investment Management Inc decreased its stake in Philip Morris Intl Inc (PM) by 86.27% based on its latest 2018Q4 regulatory filing with the SEC. Provident Investment Management Inc sold 26,074 shares as the company’s stock rose 1.03% with the market. The institutional investor held 4,150 shares of the farming and seeds and milling company at the end of 2018Q4, valued at $277,000, down from 30,224 at the end of the previous reported quarter. Provident Investment Management Inc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $141.23B market cap company. The stock increased 1.18% or $1.06 during the last trading session, reaching $90.85. About 12.35M shares traded or 68.23% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 16.62% since March 17, 2018 and is downtrending. It has underperformed by 20.99% the S&P500. Some Historical PM News: 16/03/2018 – Japan Tobacco and its peers — Philip Morris International , British American Tobacco and Imperial Brands — are grappling with slowing sales as more people give up smoking; 30/05/2018 – Tobacco-Free Kids: Sick Joke — Philip Morris Repeats Call for Smoke-Free Future While It Aggressively Markets Cigarettes and Fights Efforts to Reduce Smoking Worldwide; 24/04/2018 – Philip Morris Bond Trading 2x Average; Clients Net Sellers; 08/05/2018 – Philip Morris could be a ‘value trap’ with the rise of Juul, @JimCramer warns in the lightning round; 15/05/2018 – Alyeska Adds Philip Morris, Exits GE, Cuts AutoZone: 13F; 19/04/2018 – Philip Morris Sees 2018 Operating Cash Flow Over $9 Billion; 10/04/2018 – Tobacco giant Philip Morris International received a “buy” rating in new coverage from Deutsche Bank; 29/03/2018 – Philip Morris Amends Bylaws to Allow for Increase of Board to 14 Directors From 13; 27/03/2018 – New Zealand court gives Philip Morris nod to sell heated tobacco product; 19/04/2018 – PHILIP MORRIS INTERNATIONAL INC – QTRLY CIGARETTE SHIPMENT VOLUME OF 164.3 BLN UNITS, DOWN BY 9.3 BLN UNITS OR 5.3%

Investors sentiment decreased to 0.68 in Q4 2018. Its down 0.17, from 0.85 in 2018Q3. It is negative, as 82 investors sold PM shares while 552 reduced holdings. 126 funds opened positions while 305 raised stakes. 1.13 billion shares or 3.02% more from 1.09 billion shares in 2018Q3 were reported. Aqr Capital Mgmt Ltd Llc reported 1.44 million shares. Round Table Ltd reported 3,436 shares stake. Bouchey Gp Limited invested 0.07% of its portfolio in Philip Morris International Inc. (NYSE:PM). Frontier Inv Management owns 5,825 shares. Adirondack Tru reported 1,387 shares or 0.07% of all its holdings. Nwq Ltd Liability invested in 510,455 shares or 0.81% of the stock. 255,327 were reported by Proshare Advisors Limited Liability Co. Essex Inv Limited Co stated it has 0% in Philip Morris International Inc. (NYSE:PM). Monarch Capital Mgmt holds 0.38% in Philip Morris International Inc. (NYSE:PM) or 13,885 shares. Blue Edge Capital Ltd Liability Co owns 3,334 shares. Aviva Public Ltd Limited Liability Company stated it has 1.15 million shares or 0.57% of all its holdings. Ca reported 80,002 shares or 1.45% of all its holdings. Advisory Alpha Lc stated it has 0.12% of its portfolio in Philip Morris International Inc. (NYSE:PM). Regentatlantic Cap Ltd Co holds 0.13% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 22,268 shares. Halsey Ct holds 0.23% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 18,160 shares.

Since November 29, 2018, it had 0 buys, and 1 sale for $5.17 million activity.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on April, 18. They expect $1.01 EPS, up 1.00% or $0.01 from last year’s $1 per share. PM’s profit will be $1.57B for 22.49 P/E if the $1.01 EPS becomes a reality. After $1.25 actual EPS reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -19.20% negative EPS growth.

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Seekingalpha.com which released: “Philip Morris: A Little Worry – Seeking Alpha” on March 12, 2019, also Seekingalpha.com with their article: “Philip Morris: Shares Remain Under Pressure – Seeking Alpha” published on September 10, 2018, Seekingalpha.com published: “The Future Of Philip Morris – Seeking Alpha” on September 28, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Seekingalpha.com and their article: “Philip Morris: The Brexit Problem – Seeking Alpha” published on December 11, 2018 as well as Finance.Yahoo.com‘s news article titled: “3 Tobacco Stocks That Will Perform Well Despite FDA Regulations – Yahoo Finance” with publication date: March 14, 2019.

Philip Morris International Inc. (NYSE:PM) Institutional Positions Chart