Philip Morris Intl (PM) Shares Rose While Burns J W & Co Has Lowered Stake; Sei Investments Co (SEIC) Position Lifted by Court Place Advisors Llc

SEI Investments Co. (NASDAQ:SEIC) Logo

Court Place Advisors Llc increased its stake in Sei Investments Co (SEIC) by 11.51% based on its latest 2018Q3 regulatory filing with the SEC. Court Place Advisors Llc bought 9,925 shares as the company’s stock declined 20.51% with the market. The institutional investor held 96,185 shares of the investment bankers and brokers and service company at the end of 2018Q3, valued at $5.88M, up from 86,260 at the end of the previous reported quarter. Court Place Advisors Llc who had been investing in Sei Investments Co for a number of months, seems to be bullish on the $7.24 billion market cap company. The stock decreased 1.86% or $0.88 during the last trading session, reaching $46.54. About 727,166 shares traded. SEI Investments Co. (NASDAQ:SEIC) has declined 30.44% since January 12, 2018 and is downtrending. It has underperformed by 30.44% the S&P500. Some Historical SEIC News: 03/05/2018 – SEI Adds New Solutions Director to Bolster UK Private Banking Team; 18/04/2018 – SEI to Announce First-Quarter 2018 Earnings on Wednesday, April 25, 2018; 14/05/2018 – Bremer Bank Adopts SEI Wealth Platform; 25/04/2018 – SEI Investments 1Q Rev $405.6M; 11/04/2018 – SEI Investments Company (SEIC) : Company Profile and SWOT Analysis – ResearchAndMarkets.com; 25/04/2018 – SEI INVESTMENTS CO – QTRLY REVENUES $405.6 MLN, UP 13%; 30/05/2018 – SEI Adds $3.5 B in New OCIO Assets in Six Mos; 20/04/2018 – DJ SEI Investments Company, Inst Holders, 1Q 2018 (SEIC); 25/04/2018 – SEI 1Q REV. $405.6M, EST. $408.2M; 21/03/2018 – BMO Wealth Management Adopts SEI Wealth Platform

Burns J W & Co Inc decreased its stake in Philip Morris Intl (PM) by 11.1% based on its latest 2018Q3 regulatory filing with the SEC. Burns J W & Co Inc sold 3,860 shares as the company’s stock rose 7.45% while stock markets declined. The institutional investor held 30,918 shares of the farming and seeds and milling company at the end of 2018Q3, valued at $2.52 million, down from 34,778 at the end of the previous reported quarter. Burns J W & Co Inc who had been investing in Philip Morris Intl for a number of months, seems to be less bullish one the $108.04B market cap company. The stock increased 1.98% or $1.35 during the last trading session, reaching $69.5. About 7.15M shares traded or 3.94% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 21.07% since January 12, 2018 and is downtrending. It has underperformed by 21.07% the S&P500. Some Historical PM News: 09/05/2018 – Philip Morris tries to prove it can pivot past cigarettes – before its rivals do; 29/05/2018 – Altria, Reynolds, Lorillard, and Philip Morris Ordered to Issue Corrective Statements on Nicotine Addiction; 22nd Century’s Proprietary VLN (TM) Tobacco Called “Minimally or Non-Addictive”; 19/04/2018 – Philip Morris on track for worst day in a decade as iQOS growth in Japan ‘plateaus’; 09/05/2018 – PHILIP MORRIS INTERNATIONAL – REVISES 2018 FULL-YEAR REPORTED DILUTED EPS GUIDANCE, FOR CURRENCY ONLY, TO RANGE OF $5.15 TO $5.30; 19/04/2018 – Philip Morris Sees 2018 Operating Cash Flow Over $9 Billion; 19/04/2018 – PHILIP MORRIS SEES 2018 EFFECTIVE TAX RATE OF ABOUT 26%; 20/04/2018 – Philip Morris Bond Trading 3x Average; 09/04/2018 – Fitch Sees Altria as Well-Positioned Through Its Licensing Agreement With Philip Morris; 27/03/2018 – CZECH PHILIP MORRIS 2017 PROFIT AFTER TAX CZK 3.53 BLN; 19/04/2018 – Buy Philip Morris Even as People Quit Smoking: Street Wrap

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on February, 14. They expect $1.17 earnings per share, down 10.69% or $0.14 from last year’s $1.31 per share. PM’s profit will be $1.82B for 14.85 P/E if the $1.17 EPS becomes a reality. After $1.44 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -18.75% negative EPS growth.

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Seekingalpha.com which released: “Philip Morris reports market share gains – Seeking Alpha” on October 18, 2018, also Seekingalpha.com with their article: “Philip Morris: Really? – Seeking Alpha” published on July 20, 2018, Seekingalpha.com published: “The Dividend Champion Roars Back – Seeking Alpha” on July 21, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Seekingalpha.com and their article: “Will Philip Morris Bounce? – Seeking Alpha” published on August 17, 2018 as well as Seekingalpha.com‘s news article titled: “Altria And Philip Morris: The Case For A Marlboro Merger – Seeking Alpha” with publication date: December 18, 2018.

Investors sentiment increased to 0.85 in Q3 2018. Its up 0.04, from 0.81 in 2018Q2. It improved, as 60 investors sold PM shares while 516 reduced holdings. 112 funds opened positions while 378 raised stakes. 1.09 billion shares or 0.45% more from 1.09 billion shares in 2018Q2 were reported. Whitnell & Communication holds 0.14% or 4,500 shares in its portfolio. Exane Derivatives has 0% invested in Philip Morris International Inc. (NYSE:PM) for 43,984 shares. Nj State Employees Deferred Compensation Plan holds 0.69% or 50,000 shares. Lowe Brockenbrough And Commerce invested 0.85% in Philip Morris International Inc. (NYSE:PM). Credit Agricole S A holds 0% in Philip Morris International Inc. (NYSE:PM) or 700 shares. Orrstown Financial Service Incorporated holds 1,192 shares. Fort Washington Investment Advsrs Inc Oh holds 0.26% or 317,546 shares. Livingston Group Inc Asset (Operating As Southport Management) invested in 3,428 shares. Lazard Asset Mngmt Limited Liability Company owns 71,283 shares. Cap Intl Ca reported 44,206 shares or 1.13% of all its holdings. Amer Natl Bank, a Texas-based fund reported 827 shares. Keybank National Association Oh holds 0.26% in Philip Morris International Inc. (NYSE:PM) or 570,405 shares. Goldman Sachs Grp Inc Inc Inc holds 9.33 million shares. Thrivent For Lutherans reported 181,402 shares or 0.05% of all its holdings. 290,125 are held by Teacher Retirement Systems Of Texas.

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

Among 23 analysts covering Philip Morris International (NYSE:PM), 15 have Buy rating, 2 Sell and 6 Hold. Therefore 65% are positive. Philip Morris International had 75 analyst reports since August 24, 2015 according to SRatingsIntel. Bank of America upgraded Philip Morris International Inc. (NYSE:PM) on Thursday, March 24 to “Buy” rating. The stock has “Buy” rating by Jefferies on Friday, January 19. Citigroup initiated the shares of PM in report on Tuesday, September 13 with “Neutral” rating. The firm has “Hold” rating given on Friday, October 20 by Jefferies. The firm has “Neutral” rating given on Friday, July 20 by JP Morgan. Cowen & Co maintained the shares of PM in report on Monday, August 21 with “Buy” rating. On Monday, July 17 the stock rating was maintained by Stifel Nicolaus with “Buy”. Jefferies downgraded the stock to “Hold” rating in Friday, August 24 report. The stock of Philip Morris International Inc. (NYSE:PM) has “Neutral” rating given on Friday, February 9 by Bank of America. The stock of Philip Morris International Inc. (NYSE:PM) earned “Neutral” rating by Bank of America on Wednesday, January 4.

Since September 12, 2018, it had 0 insider buys, and 7 selling transactions for $27.09 million activity. Ujobai Joseph P had sold 15,000 shares worth $940,800. 145,238 shares were sold by WEST ALFRED P JR, worth $7.66 million. Shares for $774,450 were sold by MCGONIGLE DENNIS.

Among 8 analysts covering SEI Investments (NASDAQ:SEIC), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. SEI Investments had 28 analyst reports since July 23, 2015 according to SRatingsIntel. The company was downgraded on Thursday, April 12 by William Blair. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, June 23. Keefe Bruyette & Woods maintained SEI Investments Co. (NASDAQ:SEIC) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $78.0 target. The firm has “Hold” rating given on Tuesday, September 1 by Zacks. The company was maintained on Friday, September 1 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Monday, July 10 by Oppenheimer. On Friday, October 20 the stock rating was maintained by Mizuho with “Buy”. Mizuho maintained SEI Investments Co. (NASDAQ:SEIC) rating on Thursday, October 26. Mizuho has “Buy” rating and $68.0 target. The stock of SEI Investments Co. (NASDAQ:SEIC) earned “Buy” rating by Mizuho on Monday, February 26. The firm earned “Buy” rating on Friday, April 27 by Mizuho.

Court Place Advisors Llc, which manages about $189.65M and $263.69 million US Long portfolio, decreased its stake in Ligand Pharmaceuticals Inc (NASDAQ:LGND) by 2,725 shares to 15,390 shares, valued at $4.22M in 2018Q3, according to the filing.

Investors sentiment decreased to 1.07 in Q3 2018. Its down 0.15, from 1.22 in 2018Q2. It dropped, as 30 investors sold SEIC shares while 112 reduced holdings. 49 funds opened positions while 103 raised stakes. 105.46 million shares or 0.21% less from 105.68 million shares in 2018Q2 were reported. 11,037 are held by Ls Investment Advsrs Ltd Liability Corp. Victory Cap Mngmt Incorporated owns 63,337 shares or 0.01% of their US portfolio. Toronto Dominion State Bank invested in 0% or 14,594 shares. Tiaa Cref Invest Mngmt Ltd accumulated 465,663 shares. Ledyard Bancshares holds 0% of its portfolio in SEI Investments Co. (NASDAQ:SEIC) for 436 shares. The Connecticut-based Goodnow Inv Group Ltd Limited Liability Company has invested 2.59% in SEI Investments Co. (NASDAQ:SEIC). Alps Advsrs accumulated 7,676 shares. Impact Advisors Ltd reported 0.45% stake. Bnp Paribas Arbitrage invested 0% of its portfolio in SEI Investments Co. (NASDAQ:SEIC). 30,272 are owned by Next Finance Group. State Of Wisconsin Inv Board accumulated 0.02% or 121,547 shares. Robeco Institutional Asset Bv holds 0.01% of its portfolio in SEI Investments Co. (NASDAQ:SEIC) for 56,677 shares. Jlb And Associates Inc owns 2.9% invested in SEI Investments Co. (NASDAQ:SEIC) for 221,609 shares. Vanguard Gp holds 0.03% of its portfolio in SEI Investments Co. (NASDAQ:SEIC) for 13.43M shares. M&T Fincl Bank holds 0.01% or 20,838 shares.

More notable recent SEI Investments Co. (NASDAQ:SEIC) news were published by: Prnewswire.com which released: “SEI Names Ted Wozniak Head of Asset Management Distribution in US – PR Newswire” on October 25, 2018, also Globenewswire.com with their article: “SEI Adds $11.5 Billion in New OCIO Assets Over Past Two Years – GlobeNewswire” published on March 08, 2017, Prnewswire.com published: “Bremer Bank Adopts SEI Wealth Platform – PR Newswire” on May 14, 2018. More interesting news about SEI Investments Co. (NASDAQ:SEIC) were released by: Prnewswire.com and their article: “SEI Announces Strategic Partnership with the Association of Governing Boards of Universities and Colleges – PR Newswire” published on October 29, 2018 as well as Seekingalpha.com‘s news article titled: “SEI Investments: Development Investment Set To Pay Off – Seeking Alpha” with publication date: July 28, 2017.

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

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