Ozel AG increased its stake in Philip Morris International by 1.6% in the second quarter

Mr Zell investment management company’s latest report submitted to the Securities and Exchange Commission (AuxierAssetManagement) mo international to increase in the second quarter of this year (PhilipMorrisInternationalInc.) 1.6% stake. At the end of the second quarter, Ozel Investment Management had a total of 207,057 shares, adding 3,250 shares during the quarter.

Philip Morris International’s stake makes up 3.4 percent of Mr Ozell’s corporate portfolio, making it his fourth-largest position. Ozell recently reported to the U.S. Securities and Exchange Commission that his investment in Philip Morris International was valued at $20,213,000.

On Wednesday (Dec. 13), shares of Philip Morris International opened at $92.88. The company has a market cap of $14.419 billion, a P/E ratio of 18.03, a P/E ratio of 2.19, and a beta value of 0.77. Philip Morris International’s lowest price in a year was $87.23 and its highest price was $105.62. The company’s 50-day simple moving average price is $91.80 and its 200-day simple moving average price is $94.17.

Philip Morris International recently announced its quarterly dividend. This will be paid on Wednesday, January 10 to investors of record on Thursday, December 21 with a dividend of $1.30 per share. The dividend ex-entitlement date is Wednesday, December 20. This implies an annual dividend of $5.20 and a dividend yield of 5.60. %. PMI International has a dividend yield of 100.97%.

StifelNicolaus reiterated PMI International’s “buy” rating in a recent commentary on PMI shares and set a price target of $114.00 in a research note. Morgan Stanley lowered its price target on PMI International shares to $113.00 from $118.00 and initiated an “overweight” rating on the shares.