Philip Morris International Inc. $PM Shares Acquired by Fox Run Management L.L.C.

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Fox Run Management L.L.C. significantly increased its stake in Philip Morris International (NYSE:PM) by 209% in the third quarter, bringing its total holdings to 7,907 shares worth approximately $1.283 million. Philip Morris recently reported Q4 earnings of $1.70 EPS, matching analyst estimates, and revenue of $10.36 billion, while also announcing a quarterly dividend of $1.47 yielding 3.1%. The company has an average “Moderate Buy” rating from analysts with a mean target price of $196.83.

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