Has $34.76 Million Position in Altria Group Inc (NYSE:MO)

Friday, 12 Jan, 2018

Pinnacle Wealth Management Advisory Group Llc sold 8,482 shares as the company's stock declined 2.84% while stock markets rallied. The hedge fund run by Brian Bares held 2.51 million shares of the miscellaneous company at the end of 2017Q3, valued at $72.23M, down from 2.61 million at the end of the previous reported quarter. Citadel Advsrs Ltd Liability Corp has 0.16% invested in Altria Group, Inc. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.77% with $1.91 Billion sitting short, betting on future declines. BlackRock Inc. now owns 127,525,988 shares of the company's stock worth $9,496,859,000 after acquiring an additional 8,969,677 shares in the last quarter. (NYSE:MO) news were published by: Nasdaq.com which released: "Altria Group Reaches Analyst Target Price" on December 19, 2017, also Fool.com with their article: "Is It Time to Get Greedy With Altria Group Stock?" published on December 13, 2017, Seekingalpha.com published: "Is This Smoke Stock Past Its Prime?" on January 05, 2018. UBS maintained Altria Group, Inc. (MO) by 6.12% based on its latest 2017Q3 regulatory filing with the SEC. Westwood Holdings Group Inc. now owns 155,121 shares of the company's stock worth $11,079,000 after buying an additional 14,444 shares during the period. The Act Ii Management Lp holds 60,000 shares with $3.48M value, up from 45,000 last quarter. Homrich & Berg who had been investing in Altria Group Inc for a number of months, seems to be bullish on the $134.17B market cap company. The stock decreased 2.33% or $4.44 during the last trading session, reaching $186.01. About 3.86 million shares traded.

Altria Group, Inc. (NYSE:MO) received a Buy rating from 1 analysts. It has underperformed by 4.78% the S&P500.

Tompkins Financial Corp, which manages about $632.79M and $422.29 million US Long portfolio, upped its stake in International Business Machscom (NYSE:IBM) by 4,362 shares to 23,500 shares, valued at $3.41M in 2017Q3, according to the filing. It also increased its holding in Vanguard Ftse Developed Mark (VEA) by 10,102 shares in the quarter, for a total of 99,339 shares, and has risen its stake in Vanguard Small (VB).

Altria Group, Inc. (NYSE:MO) reported its EPS in the last quarter as $0.9/Share beating the analyst estimate of $0.87/Share by a difference of $0.03. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. Therefore 53% are positive. $69.97's average target is -0.48% below currents $70.31 stock price. Shell Asset Management Co.'s holdings in Altria Group were worth $34,762,000 at the end of the most recent reporting period. The rating was maintained by Piper Jaffray on Thursday, July 27 with "Buy". Vetr lowered Altria Group from a "strong-buy" rating to a "buy" rating and set a $71.89 price objective for the company.in a report on Monday, October 30th. As per Friday, December 8, the company rating was upgraded by Atlantic Securities. Cowen raised Altria Group from a "market perform" rating to an "outperform" rating and increased their price target for the company from $64.00 to $71.00 in a research note on Tuesday, September 26th. The stock has "Outperform" rating by Cowen & Co on Tuesday, September 26. The company has an average rating of "Hold" and an average target price of $72.87. On Friday, July 7 the stock rating was maintained by Cowen & Co with "Hold". The firm earned "Hold" rating on Thursday, August 24 by Jefferies. Argus Research upgraded the stock to "Buy" rating in Monday, May 9 report.

Since August 10, 2017, it had 0 insider purchases, and 2 sales for $2.95 million activity. Moreover, Murphy Capital Mgmt has 1.43% invested in Altria Group, Inc. GEPSMAN MARTIN J had sold 200 shares worth $25,228 on Wednesday, August 9. Investors of record on Thursday, December 21st will be issued a dividend of $0.66 per share. Its down 0.12, from 1.13 in 2017Q2. It worsened, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. Twin Management holds 0.22% or 30,690 shares in its portfolio. Celgene Corporation had 124 analyst reports since July 21, 2015 according to SRatingsIntel. Altria Group had a net margin of 60.37% and a return on equity of 49.43%.

Several equities analysts have issued reports on MO shares. Retirement Of Alabama reported 1.39M shares stake. Janney Montgomery Scott Limited Liability Company holds 0.43% of its portfolio in Altria Group, Inc. Hbk Invs Limited Partnership reported 84,596 shares. Mcf Advsrs Ltd Liability Com holds 0.08% or 6,644 shares in its portfolio. Perhaps, that suggests something about why 0.44% of the outstanding share supply is held by institutional investors. Altria Group's dividend payout ratio is now 33.00%.

Lmr Partners Llp decreased Scripps Networks Interactive I (NYSE:SNI) stake by 12,958 shares to 7,248 valued at $622,000 in 2017Q3. Markston Llc has 2,075 shares for 0.01% of their portfolio. The stock of CME Group Inc. (NYSE:MO). Profund Advisors Lc, a Maryland-based fund reported 48,127 shares. Sit Invest holds 0% or 100 shares. Northwest Investment Counselors LLC increased its stake in Altria Group by 557.0% in the 3rd quarter. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.87 by $0.03. MO's profit would be $1.55B giving it 21.69 P/E if the $0.81 EPS is correct. Norinchukin Comml Bank The reported 0.3% of its portfolio in Altria Group, Inc.

Since August 3, 2017, it had 0 insider buys, and 9 selling transactions for $16.47 million activity. About 1,585 shares traded. Robeco Institutional Asset Mgmt Bv accumulated 1.86M shares or 0.73% of the stock. Shares for $37,434 were sold by Pankau Ronald A. on Thursday, August 3. The insider Blackburn Jeffrey M sold 2,077 shares worth $2.05M.

Investors sentiment increased to 3.56 in 2017 Q3. Its down 0.09, from 0.09 in 2017Q2. (NASDAQ:AMZN) was sold by Reynolds Shelley. 6 funds opened positions while 26 raised stakes. Teacher Retirement Of Texas owns 1.38M shares. Japan-based Tokio Marine Asset Ltd has invested 2.23% in Amazon.com, Inc.