Philip Morris Intl (PM) Shareholder First National Trust Co Lowered Position by $459,999 as Share Value Rose; Taylor Asset Management Has Trimmed Its Encana (ECA) Holding by $1.95 Million

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First National Trust Co decreased its stake in Philip Morris Intl Inc (PM) by 12.53% based on its latest 2018Q3 regulatory filing with the SEC. First National Trust Co sold 5,679 shares as the company’s stock rose 7.45% while stock markets declined. The institutional investor held 39,634 shares of the farming and seeds and milling company at the end of 2018Q3, valued at $3.23 million, down from 45,313 at the end of the previous reported quarter. First National Trust Co who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $125.49B market cap company. The stock increased 0.15% or $0.12 during the last trading session, reaching $80.72. About 2.08 million shares traded. Philip Morris International Inc. (NYSE:PM) has declined 21.07% since February 13, 2018 and is downtrending. It has underperformed by 21.07% the S&P500.

Taylor Asset Management Inc decreased its stake in Encana Corp (ECA) by 7% based on its latest 2018Q3 regulatory filing with the SEC. Taylor Asset Management Inc sold 150,000 shares as the company’s stock declined 48.13% with the market. The hedge fund held 1.99 million shares of the oil & gas production company at the end of 2018Q3, valued at $26.06 million, down from 2.14 million at the end of the previous reported quarter. Taylor Asset Management Inc who had been investing in Encana Corp for a number of months, seems to be less bullish one the $6.03 billion market cap company. The stock increased 4.26% or $0.26 during the last trading session, reaching $6.37. About 25.89 million shares traded. Encana Corporation (NYSE:ECA) has declined 46.66% since February 13, 2018 and is downtrending. It has underperformed by 46.66% the S&P500. Some Historical ECA News: 26/03/2018 – Moody’s: Encana Rating Outlook Changed to Stable From Positive; 01/05/2018 – ENCANA CONCLUDES FIRST-QUARTER CONFERENCE CALL; 02/04/2018 – ENCANA CORP – KEYERA WILL ACQUIRE AND FUND REMAINING DEVELOPMENT OF ENCANA’S PIPESTONE LIQUIDS HUB AND ENCANA’S PLANNED PIPESTONE PROCESSING FACILITY; 21/03/2018 Encana Closes Above 50-Day Moving Average: Technicals; 25/04/2018 – S&P REVISES ENCANA CORP. TO RATING ‘BBB-‘ FROM ‘BBB’; 29/03/2018 – ENCANA CORP SAYS ON MARCH 28, ENTERED INTO A FIRST AMENDING AGREEMENT, TO ITS RESTATED CREDIT AGREEMENT, DATED AS OF JULY 16, 2015 – SEC FILING; 01/05/2018 – Encana reports on the election of directors voting results from the 2018 Annual Meeting of Shareholders; 01/05/2018 – Encana delivers solid first quarter financial results; company on track to deliver more than 30 percent annual production growt; 02/04/2018 – ENCANA SEES SALES PROCEEDS ABOUT C$39M; 28/03/2018 – Encana Closes Below 200-Day Moving Average: Technicals

More notable recent Encana Corporation (NYSE:ECA) news were published by: Seekingalpha.com which released: “Encana’s Promising Permian Growth Story – Seeking Alpha” on January 22, 2019, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Allergan, Apple, Carnival, Ciena, Juniper, Lockheed Martin, Plug Power, Take-Two, United Continental, Zynga and More – 24/7 Wall St.” published on January 30, 2019, Seekingalpha.com published: “Encana Is Running Out Of Well Locations In The Eagle Ford – Seeking Alpha” on January 16, 2019. More interesting news about Encana Corporation (NYSE:ECA) were released by: Seekingalpha.com and their article: “Encana Buys Newfield For Much Needed Liquids Growth Runway – Seeking Alpha” published on January 25, 2019 as well as Globenewswire.com‘s news article titled: “Encana and Newfield’s strategic combination receives shareholder approvals – GlobeNewswire” with publication date: February 12, 2019.

Among 30 analysts covering Encana Corporation (NYSE:ECA), 23 have Buy rating, 0 Sell and 7 Hold. Therefore 77% are positive. Encana Corporation had 139 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Friday, October 7 by Societe Generale. Canaccord Genuity maintained the stock with “Buy” rating in Tuesday, June 20 report. On Friday, January 12 the stock rating was upgraded by Desjardins Securities to “Buy”. The company was upgraded on Tuesday, July 26 by FirstEnergy Capital. The rating was upgraded by KLR Group to “Buy” on Monday, November 7. The stock of Encana Corporation (NYSE:ECA) has “Buy” rating given on Friday, September 11 by Goldman Sachs. The firm earned “Buy” rating on Monday, May 29 by RBC Capital Markets. As per Monday, April 11, the company rating was upgraded by BMO Capital Markets. The firm has “Buy” rating by BMO Capital Markets given on Thursday, June 15. The stock of Encana Corporation (NYSE:ECA) earned “Hold” rating by Evercore on Friday, April 15.

Analysts await Encana Corporation (NYSE:ECA) to report earnings on February, 21. They expect $0.13 earnings per share, up 8.33% or $0.01 from last year’s $0.12 per share. ECA’s profit will be $123.14M for 12.25 P/E if the $0.13 EPS becomes a reality. After $0.17 actual earnings per share reported by Encana Corporation for the previous quarter, Wall Street now forecasts -23.53% negative EPS growth.

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. Stifel Nicolaus maintained it with “Buy” rating and $100 target in Friday, April 20 report. The stock has “Market Perform” rating by Cowen & Co on Friday, July 20. SBG Securities upgraded the shares of PM in report on Wednesday, July 20 to “Hold” rating. Bank of America downgraded Philip Morris International Inc. (NYSE:PM) on Friday, April 20 to “Underperform” rating. The firm earned “Hold” rating on Friday, August 11 by SBG Securities. Jefferies initiated Philip Morris International Inc. (NYSE:PM) on Wednesday, September 21 with “Hold” rating. The firm has “Buy” rating given on Friday, July 20 by Stifel Nicolaus. On Tuesday, September 13 the stock rating was initiated by Citigroup with “Neutral”. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Friday, October 20 by Societe Generale. Citigroup maintained the shares of PM in report on Friday, September 21 with “Buy” rating.

First National Trust Co, which manages about $982.01M US Long portfolio, upped its stake in Home Depot Inc (NYSE:HD) by 2,310 shares to 74,955 shares, valued at $15.53M in 2018Q3, according to the filing. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 2,636 shares in the quarter, for a total of 118,001 shares, and has risen its stake in Bb&T Corp (NYSE:BBT).

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. Buckhead Capital Management Limited Com invested in 19,162 shares or 0.48% of the stock. West Virginia-based Security Natl Trust has invested 0.46% in Philip Morris International Inc. (NYSE:PM). Deutsche Bancorporation Ag reported 7.34 million shares stake. 47,881 are owned by Summit Financial Wealth Advsrs Lc. Bahl And Gaynor reported 0.13% in Philip Morris International Inc. (NYSE:PM). Alphamark Advisors Limited Liability reported 1,550 shares. Mechanics Bank & Trust Trust Department accumulated 1.05% or 60,020 shares. Spears Abacus Advsr Lc has invested 0.08% of its portfolio in Philip Morris International Inc. (NYSE:PM). Marco Invest Llc stated it has 0.06% in Philip Morris International Inc. (NYSE:PM). Koshinski Asset Management Inc owns 7,041 shares. Bartlett & Co Ltd Liability Corporation has 0.09% invested in Philip Morris International Inc. (NYSE:PM) for 29,644 shares. Jupiter Asset Management Limited holds 0.12% or 50,567 shares. Amer Communication Tx reported 0.15% in Philip Morris International Inc. (NYSE:PM). Raymond James & Assocs reported 2.50M shares. Investec Asset Mgmt North America Inc accumulated 0.57% or 82,351 shares.

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

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Fool.com which released: “Should You Buy Philip Morris International for Its 5% Dividend Yield? – The Motley Fool” on December 16, 2018, also Seekingalpha.com with their article: “The Future Of Philip Morris – Seeking Alpha” published on September 28, 2018, Seekingalpha.com published: “Philp Morris Continues Its Steady Trajectory – Seeking Alpha” on October 03, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Investorplace.com and their article: “10 Best Consumer Stocks to Buy in 2019 – Investorplace.com” published on January 29, 2019 as well as Seekingalpha.com‘s news article titled: “What Is Going On With Philip Morris? – Seeking Alpha” with publication date: December 21, 2018.

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 17.25 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.

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