Investment Centers Of America Trimmed By $999,765 Its Philip Morris Intl (PM) Stake; Last Week LPL Financial Holdings Inc. (LPLA) Coverage

December 10, 2017 - By Jan Rainey

Among 10 analysts covering LPL Financial Holdings (NASDAQ:LPLA), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. LPL Financial Holdings had 38 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Sell” rating given on Tuesday, January 12 by Citigroup. The firm earned “Buy” rating on Thursday, August 17 by Nomura. Citigroup maintained the stock with “Neutral” rating in Friday, May 27 report. The company was maintained on Monday, July 11 by Nomura. SunTrust maintained it with “Neutral” rating and $30 target in Thursday, June 2 report. Morgan Stanley initiated the stock with “Underweight” rating in Monday, September 26 report. JP Morgan maintained it with “Neutral” rating and $53 target in Monday, October 30 report. The stock of LPL Financial Holdings Inc. (NASDAQ:LPLA) has “Buy” rating given on Friday, October 27 by SunTrust. Credit Suisse downgraded the stock to “Neutral” rating in Monday, August 22 report. As per Thursday, November 30, the company rating was initiated by Credit Suisse. See LPL Financial Holdings Inc. (NASDAQ:LPLA) latest ratings:

30/11/2017 Broker: Credit Suisse Rating: Buy New Target: $68.0 Initiate
10/11/2017 Broker: Citigroup Rating: Buy Old Target: $63 New Target: $65 Maintain
09/11/2017 Broker: Nomura Rating: Buy Old Target: $64 New Target: $65 Maintain
30/10/2017 Broker: Citigroup Rating: Buy Old Target: $60.5 New Target: $65 Maintain
30/10/2017 Broker: JP Morgan Rating: Neutral Old Target: $52 New Target: $53 Maintain
27/10/2017 Broker: SunTrust Rating: Buy New Target: $65.0 Maintain
05/10/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $55.0 Maintain
05/10/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $39 New Target: $42 Maintain
16/08/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $53.0 Maintain
17/08/2017 Broker: Nomura Rating: Buy Old Target: $53 New Target: $58 Maintain

Investment Centers Of America Inc decreased Philip Morris Intl Inc (PM) stake by 11.71% reported in 2017Q2 SEC filing. Investment Centers Of America Inc sold 8,545 shares as Philip Morris Intl Inc (PM)’s stock rose 10.69%. The Investment Centers Of America Inc holds 64,456 shares with $7.58M value, down from 73,001 last quarter. Philip Morris Intl Inc now has $165.56 billion valuation. The stock decreased 0.10% or $0.11 during the last trading session, reaching $106.59. About 4.61M shares traded or 11.34% up from the average. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since December 10, 2016 and is uptrending. It has underperformed by 0.05% the S&P500.

LPL Financial Holdings Inc., together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors in the United States. The company has market cap of $4.99 billion. The Company’s brokerage offerings include variable and fixed annuities, mutual funds, equities, alternative investments such as non-traded real estate investment trusts and business development companies, retirement and 529 education savings plans, fixed income, and insurance. It has a 23.41 P/E ratio. The companyÂ’s fee platforms provide access to mutual funds, exchange-traded funds, stocks, bonds, certain option strategies, unit investment trusts, and institutional money managers and no-load multi-manager variable annuities.

The stock increased 2.46% or $1.33 during the last trading session, reaching $55.31. About 456,851 shares traded. LPL Financial Holdings Inc. (NASDAQ:LPLA) has risen 64.23% since December 10, 2016 and is uptrending. It has outperformed by 47.53% the S&P500.

Investors sentiment decreased to 1.27 in 2017 Q2. Its down 0.05, from 1.32 in 2017Q1. It fall, as 21 investors sold LPL Financial Holdings Inc. shares while 56 reduced holdings. 36 funds opened positions while 62 raised stakes. 80.24 million shares or 0.73% less from 80.83 million shares in 2017Q1 were reported. Philadelphia Financial Mgmt Of San Francisco Limited Liability stated it has 292,709 shares or 2.23% of all its holdings. Arrowmark Colorado Hldgs Ltd Company holds 1.83% of its portfolio in LPL Financial Holdings Inc. (NASDAQ:LPLA) for 3.48M shares. Maverick Ltd invested in 0.03% or 59,030 shares. Vanguard Gp stated it has 0.02% in LPL Financial Holdings Inc. (NASDAQ:LPLA). The United Kingdom-based Cantab Cap Ptnrs Llp has invested 0% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Minnesota-based Us Savings Bank De has invested 0% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Voya Inv Mngmt owns 34,032 shares. Eam Invsts Ltd holds 0.44% in LPL Financial Holdings Inc. (NASDAQ:LPLA) or 63,293 shares. Clearbridge Investments Limited invested in 0% or 731 shares. 38,670 are owned by Pub Employees Retirement Sys Of Ohio. Lpl Ltd Llc stated it has 0% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Manufacturers Life The accumulated 2,794 shares. 24,393 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Amalgamated Bancshares has invested 0.02% in LPL Financial Holdings Inc. (NASDAQ:LPLA). Loring Wolcott & Coolidge Fiduciary Llp Ma has 125 shares.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on February, 1. They expect $1.37 EPS, up 24.55% or $0.27 from last year’s $1.1 per share. PM’s profit will be $2.13B for 19.45 P/E if the $1.37 EPS becomes a reality. After $1.27 actual EPS reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts 7.87% EPS growth.

Among 19 analysts covering Philip Morris International (NYSE:PM), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Philip Morris International had 47 analyst reports since August 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 22 by Cowen & Co. The rating was upgraded by BNP Paribas on Tuesday, March 8 to “Outperform”. The firm has “Hold” rating by SBG Securities given on Wednesday, July 20. The firm has “Hold” rating given on Tuesday, June 20 by Jefferies. The stock of Philip Morris International Inc. (NYSE:PM) has “Hold” rating given on Wednesday, September 21 by Jefferies. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Thursday, August 31 by Stifel Nicolaus. The stock has “Buy” rating by Bank of America on Thursday, March 24. The company was upgraded on Monday, August 24 by Vetr. Goldman Sachs maintained it with “Neutral” rating and $101 target in Wednesday, April 20 report. Goldman Sachs upgraded the stock to “Buy” rating in Thursday, September 28 report.

Investment Centers Of America Inc increased Vanguard Star Fd (VXUS) stake by 11,796 shares to 84,255 valued at $4.37 million in 2017Q2. It also upped Ishares Tr (USMV) stake by 8,973 shares and now owns 36,101 shares. Vanguard Bd Index Fd Inc (BIV) was raised too.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.03, from 0.91 in 2017Q1. It dived, as 53 investors sold PM shares while 558 reduced holdings. 118 funds opened positions while 421 raised stakes. 1.10 billion shares or 0.43% less from 1.10 billion shares in 2017Q1 were reported. Underhill Investment Limited Liability Co stated it has 0.32% in Philip Morris International Inc. (NYSE:PM). Argent Trust owns 0.26% invested in Philip Morris International Inc. (NYSE:PM) for 8,048 shares. Moreover, Boston Lc has 0.05% invested in Philip Morris International Inc. (NYSE:PM) for 17,216 shares. Georgia-based Rowland Invest Counsel Adv has invested 0% in Philip Morris International Inc. (NYSE:PM). Valley National Advisers Inc holds 0.32% of its portfolio in Philip Morris International Inc. (NYSE:PM) for 7,659 shares. Texas-based Amer Registered Advisor Inc has invested 0.31% in Philip Morris International Inc. (NYSE:PM). Covington Cap Mngmt stated it has 0.37% of its portfolio in Philip Morris International Inc. (NYSE:PM). Visionary Asset Mngmt owns 0.94% invested in Philip Morris International Inc. (NYSE:PM) for 27,349 shares. Trust Of Vermont holds 0.42% or 35,169 shares in its portfolio. The Florida-based Steinberg Global Asset Mgmt has invested 1.13% in Philip Morris International Inc. (NYSE:PM). Moreover, Sol Cap Mngmt has 0.2% invested in Philip Morris International Inc. (NYSE:PM) for 6,294 shares. Sterling Capital Mgmt Ltd Company holds 46,583 shares. Eqis Cap Mngmt accumulated 0.11% or 16,318 shares. Cap One National Association owns 56,783 shares or 0.49% of their US portfolio. Glenview Natl Bank Tru Dept holds 8,346 shares or 0.5% of its portfolio.

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