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Cibc World Market Inc. Increases Stock Position in Philip Morris International Inc. $PM
Cibc World Market Inc. significantly increased its stake in Philip Morris International Inc. (NYSE:PM) by 43.9% in the third quarter, bringing its total ownership to 396,014 shares valued at $64.23 million. Other institutional investors also adjusted their positions in PM. The article also provides financial details for Philip Morris International, including its market capitalization, P/E ratio, recent earnings results, dividend announcement, and current analyst ratings, which indicate a “Moderate Buy” consensus.