It has outperformed by 3.47% the S&P500. Citigroup Inc. reissued a "buy" rating and issued a $72.00 price target on shares of Altria Group in a research note on Monday, September 26th.
TRADEMARK VIOLATION NOTICE: "Altria Group Inc (MO) Stake Lowered by Municipal Employees Retirement System of Michigan" was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. Altria Group makes up 2.3% of Meridian Wealth Management LLC's investment portfolio, making the stock its 12th biggest holding. The institutional investor held 94,000 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $5.96M, up from 88,000 at the end of the previous reported quarter. Tompkins Financial Corp who had been investing in Altria Group Inc Com for a number of months, seems to be less bullish one the $134.28 billion market cap company. The stock increased 1.03% or $0.72 during the last trading session, reaching $70.29. About 6.05 million shares traded.
State of Tennessee Treasury Department cut its position in shares of Altria Group Inc (NYSE:MO) by 39.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. It has underperformed by 4.78% the S&P500. It also increased its holding in Kroger Company (NYSE:KR) by 64,798 shares in the quarter, for a total of 246,029 shares, and has risen its stake in Intel Corporation (NASDAQ:INTC). Vanguard Group Inc. boosted its position in Altria Group by 2.0% during the second quarter. Therefore 74% are positive. Todd Asset Management LLC's holdings in Altria Group were worth $25,832,000 as of its most recent SEC filing. $69.97's average target is -0.48% below currents $70.31 stock price. The rating was maintained by Piper Jaffray on Thursday, July 27 with "Buy". Zacks Investment Research upgraded Altria Group from a "hold" rating to a "buy" rating and set a $71.00 price objective on the stock in a research note on Wednesday, October 11th. The rating was upgraded by Cowen & Co on Thursday, March 31 to "Outperform". As per Wednesday, September 21, the company rating was initiated by Jefferies. Morgan Stanley reinitiated the stock with "Equal-Weight" rating in Tuesday, November 29 report. Jefferies maintained the shares of MO in report on Monday, July 17 with "Hold" rating. The company was maintained on Friday, September 1 by RBC Capital Markets. The rating was maintained by H.C. Wainwright with "Buy" on Friday, August 4. The stock has "Market Perform" rating by Cowen & Co on Friday, October 30. Argus Research upgraded the stock to "Buy" rating in Monday, May 9 report. Altria Group now has an average rating of "Hold" and a consensus price target of $72.87. Another trade for 15,300 shares valued at $994,909 was sold by Barrington Martin J.
Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. Institutional investors and hedge funds own 62.64% of the company's stock. 118 funds opened positions while 420 raised stakes. Spark Inv Mngmt Ltd holds 0.01% in Chemung Financial Corporation (NASDAQ:CHMG) or 4,800 shares. Fortinet Inc. had 96 analyst reports since July 23, 2015 according to SRatingsIntel.
Altria Group, Inc. may be a good fit for your portfolio or it may not, but at least you have a better understanding of the Cigarettes industry, which can help you later on down the road. (NYSE:MO) for 6,582 shares. Sit Invest holds 0% or 100 shares. State Of Tennessee Treasury Department reported 672,772 shares. California Public Employees Retirement Sys owns 5,500 shares or 0% of their USA portfolio. Hbk Invs Limited Partnership reported 84,596 shares. Perkins Cap Mgmt reported 15,700 shares. Renaissance Technologies Lc accumulated 54,000 shares. Pekin Singer Strauss Asset Il holds 0.1% in Altria Group, Inc. (NYSE:MO) for 51,551 shares. Moreover, Boston Prns has 0.04% invested in Altria Group, Inc. Ls Investment Advsrs Ltd Liability Corporation holds 41,014 shares.
Several equities analysts have recently weighed in on MO shares. Pittenger Anderson holds 33,939 shares. Empirical Fin Lc holds 0.05% of its portfolio in Altria Group, Inc. (NYSE:MO), 14 have Buy rating, 0 Sell and 5 Hold. Looking ahead, the earnings per share growth of Altria Group, Inc. this year is 173.00%, which can be useful to compare with the forward P/E. The firm has a market cap of $137.79 billion, a P/E ratio of 26.54 and a beta of 0.55.
Since August 3, 2017, it had 0 insider buys, and 9 selling transactions for $16.47 million activity. GEVO's SI was 1.37 million shares in January as released by FINRA. Another trade for 32,000 shares valued at $1.96M was sold by DEVITRE DINYAR S. $3.16M worth of CBS Corporation (NYSE:CBS) shares were sold by Schwartz Gil D. The insider Blackburn Jeffrey M sold 2,077 shares worth $2.05M.
Investors sentiment increased to 3.56 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. 6 funds opened positions while 26 raised stakes. Motco reported 106,227 shares. (NASDAQ:AMZN). Skytop Capital Mngmt Ltd Co invested in 3.27% or 3,980 shares. Kistler accumulated 863 shares. Beech Hill Advisors invested in 5,890 shares or 2.99% of the stock. Hudson Valley Advsrs Adv, New York-based fund reported 20,240 shares. Markston Llc has 2,075 shares for 0.01% of their portfolio. Regis Limited Com holds 0.13% or 13,158 shares.
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