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Sky Investment Group increases stake in Philip Morris, which saw revenue rise 5.8% to $9.30 billion.
Sky Investment Group LLC has increased its stake in Philip Morris International Inc. by 0.1%, now owning 83,555 shares valued at $13.26 million.
Philip Morris, a tobacco company, reported earnings of $1.69 per share, up 5.8% in revenue to $9.30 billion.
Analysts have a "Moderate Buy" consensus with a target price of $175.30, reflecting the company's efforts to diversify into smoke-free products.
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Sky Investment Group aumenta su participación en Philip Morris, que registró un aumento de los ingresos del 5,8% a 9.300 millones de dólares.