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Financial Advisors Network sold shares of Philip Morris International, but the company maintains a "Moderate Buy" rating.
Financial Advisors Network Inc. has sold 2,006 shares of Philip Morris International (PM), reducing their holdings to 4,017 shares.
PM's stock is valued at $638,000, with a strong performance over the past year.
Despite the sale, PM has a "Moderate Buy" rating and an average price target of $186.27.
The company reported a 7.14 EPS for the year and pays a $5.40 annualized dividend.
Other investment firms, like Korea Investment Corporation and RW Investment Management LLC, have increased their stakes in PM, signaling continued interest in the tobacco firm.
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Financial Advisors Network vendió acciones de Philip Morris International, pero la compañía mantiene una calificación de "compra moderada".