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DoubleLine ETF Adviser LP Takes Position in Philip Morris International Inc. $PM
DoubleLine ETF Adviser LP recently acquired 29,783 shares of Philip Morris International Inc. (PM) for approximately $4.83 million, making it their 15th largest holding. While institutional ownership of PM stands at 78.63%, CEO Jacek Olczak and CFO Emmanuel Babeau recently sold significant amounts of shares. Analysts have a consensus “Moderate Buy” rating with a target price of $196.83, and the company announced a quarterly dividend of $1.47 per share.