Schwerin Boyle Capital Management Lowered Jp Morgan Chase (JPM) Stake as Shares Declined; Philip Morris Intl (PM) Holder Capital Planning Advisors Has Lowered Its Stake by $377,178 as Stock Value Rose

January 17, 2018 - By Vivian Currie

Ken Heebner decreased its stake in Philip Morris Intl Inc (PM) by 8.25% based on its latest 2017Q3 regulatory filing with the SEC. Capital Planning Advisors Llc sold 3,398 shares as the company’s stock rose 10.69% with the market. The hedge fund run by Ken Heebner held 37,768 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $4.19M, down from 41,166 at the end of the previous reported quarter. Capital Planning Advisors Llc who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $164.64 billion market cap company. The stock increased 1.08% or $1.13 during the last trading session, reaching $106. About 1.89M shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since January 17, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.

Schwerin Boyle Capital Management Inc decreased its stake in Jp Morgan Chase (JPM) by 2.51% based on its latest 2017Q3 regulatory filing with the SEC. Schwerin Boyle Capital Management Inc sold 6,400 shares as the company’s stock declined 6.04% while stock markets rallied. The hedge fund held 248,120 shares of the major banks company at the end of 2017Q3, valued at $23.70 million, down from 254,520 at the end of the previous reported quarter. Schwerin Boyle Capital Management Inc who had been investing in Jp Morgan Chase for a number of months, seems to be less bullish one the $390.22B market cap company. The stock increased 0.19% or $0.21 during the last trading session, reaching $112.48. About 8.17M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since January 17, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Schwerin Boyle Capital Management Inc, which manages about $781.49M and $887.43M US Long portfolio, upped its stake in Bank Of America (NYSE:BAC) by 49,197 shares to 1.41M shares, valued at $35.79M in 2017Q3, according to the filing. It also increased its holding in Foot Locker Inc. (NYSE:FL) by 70,000 shares in the quarter, for a total of 210,000 shares, and has risen its stake in Midland States.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.28, from 1.19 in 2017Q2. It dived, as 65 investors sold JPM shares while 767 reduced holdings. 125 funds opened positions while 635 raised stakes. 2.50 billion shares or 7.05% less from 2.69 billion shares in 2017Q2 were reported. Moreover, Ogorek Anthony Joseph New York Adv has 0.05% invested in JPMorgan Chase & Co. (NYSE:JPM). Hugh Johnson Advsr Limited Liability Company reported 11,653 shares. Heritage Investors Management, Maryland-based fund reported 274,314 shares. Karp Cap Mngmt has 19,704 shares for 0.87% of their portfolio. Martingale Asset Management Lp holds 28,168 shares. 54,761 were accumulated by Horizon Inv Limited Co. Sterling Mgmt Limited Liability has invested 0.38% in JPMorgan Chase & Co. (NYSE:JPM). Cornerstone Partners Ltd Com has invested 3.68% in JPMorgan Chase & Co. (NYSE:JPM). Barrett Asset Ltd holds 2.63% or 378,460 shares in its portfolio. Montag A Assocs has 86,235 shares for 0.88% of their portfolio. Rfg Advisory Grp Limited Liability reported 11,476 shares. North Carolina-based Smith Salley And Assocs has invested 2.44% in JPMorgan Chase & Co. (NYSE:JPM). Engineers Gate Manager LP holds 0.02% in JPMorgan Chase & Co. (NYSE:JPM) or 2,938 shares. Twin Capital Management Inc invested in 303,210 shares. Invesco Ltd, a Georgia-based fund reported 24.57 million shares.

Since August 21, 2017, it had 0 insider purchases, and 2 sales for $1.12 million activity.

Among 32 analysts covering JPMorgan Chase & Co (NYSE:JPM), 16 have Buy rating, 2 Sell and 14 Hold. Therefore 50% are positive. JPMorgan Chase & Co had 104 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Neutral” rating by Nomura on Friday, October 13. The rating was downgraded by Credit Suisse on Thursday, January 11 to “Hold”. The firm has “Hold” rating by Sandler O’Neill given on Thursday, October 6. The company was upgraded on Monday, August 17 by KBW. As per Friday, September 15, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Friday, January 12 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 17 report. BMO Capital Markets maintained the shares of JPM in report on Friday, January 12 with “Hold” rating. The firm earned “Hold” rating on Friday, August 18 by Keefe Bruyette & Woods. The rating was maintained by UBS with “Neutral” on Monday, January 18.

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. Societe Generale upgraded Philip Morris International Inc. (NYSE:PM) on Thursday, April 21 to “Hold” rating. The company was upgraded on Thursday, September 28 by Goldman Sachs. Citigroup maintained Philip Morris International Inc. (NYSE:PM) rating on Friday, October 20. Citigroup has “Neutral” rating and $117 target. The firm earned “Neutral” rating on Wednesday, April 20 by Goldman Sachs. As per Monday, September 12, the company rating was upgraded by Goldman Sachs. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 19. Piper Jaffray maintained it with “Buy” rating and $137.0 target in Thursday, January 11 report. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, July 17. Bank of America maintained the stock with “Neutral” rating in Friday, October 20 report. The rating was upgraded by SBG Securities on Friday, August 11 to “Hold”.

Since August 30, 2017, it had 0 insider purchases, and 2 selling transactions for $13.44 million activity. Azinovic Drago also sold $1.62 million worth of Philip Morris International Inc. (NYSE:PM) on Wednesday, August 30.

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 $2.11 billion for 19.49 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.

Capital Planning Advisors Llc, which manages about $180.00M and $255.23M US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VEU) by 135,428 shares to 223,515 shares, valued at $11.78 million in 2017Q3, according to the filing. It also increased its holding in Spdr S&P Midcap 400 Etf Tr (MDY) by 948 shares in the quarter, for a total of 10,427 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

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. Usca Ria Limited Liability Com invested 0.38% of its portfolio in Philip Morris International Inc. (NYSE:PM). Hm Payson And owns 0.4% invested in Philip Morris International Inc. (NYSE:PM) for 83,314 shares. Gofen & Glossberg Llc Il owns 0.65% invested in Philip Morris International Inc. (NYSE:PM) for 158,058 shares. Fincl Advisory Service Incorporated has 5,481 shares. Duff And Phelps Inv Mngmt reported 17,425 shares. Apriem Advisors reported 3,338 shares. Utd Advisers Llc reported 0.08% stake. Federated Pa reported 8.64M shares stake. Utd Bancshares Va reported 0.37% of its portfolio in Philip Morris International Inc. (NYSE:PM). The Maryland-based Brown Advisory Incorporated has invested 0.2% in Philip Morris International Inc. (NYSE:PM). South Texas Money Management has 0.07% invested in Philip Morris International Inc. (NYSE:PM) for 13,355 shares. First Allied Advisory Services reported 42,628 shares. Morgan Dempsey Cap Lc holds 49,197 shares. Jarislowsky Fraser Limited stated it has 276,877 shares. Beck Mack & Oliver Limited reported 0.12% of its portfolio in Philip Morris International Inc. (NYSE:PM).

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