Altria Group (MO) Raised to Buy at Edward Jones

Marco Green
November 19, 2017

First Eagle Inv Management Limited Liability Co holds 0% of its portfolio in Altria Group Inc (NYSE:MO) for 13,000 shares. Solaris Asset Management LLC now owns 1,405 shares of the company's stock valued at $105,000 after acquiring an additional 557 shares in the last quarter. Corporate insiders own 0.11% of the company's stock. About 16,675 shares traded. More interesting news about Altria Group Inc (NYSE:MO) were released by: Seekingalpha.com and their article: "Altria Group (MO) Q3 2017 Results - Earnings Call Transcript" published on October 26, 2017 as well as Seekingalpha.com's news article titled: "Altria Group: More Downside To Come" with publication date: November 14, 2017. It has underperformed by 4.78% the S&P500.

Fore Research & Management Lp increased its stake in Nxp Semiconductor Nv (NXPI) by 250% based on its latest 2017Q2 regulatory filing with the SEC. The firm owned 5,932,914 shares of the company's stock after selling 406,843 shares during the period. Dsw Inc now has $1.62 billion valuation. Daiwa Sb Invs Ltd accumulated 143,620 shares or 2.92% of the stock. About shares traded. DSW Inc. ICICI Bank Ltd (ADR) (NYSE:IBN) has risen 45.32% since November 17, 2016 and is uptrending. It has underperformed by 18.72% the S&P500.

The stock increased 0.27% or $0.31 on November 17, reaching $115.5. Its up 0.01, from 0.9 in 2017Q1. 97 funds opened positions while 444 raised stakes.

Among 19 analysts covering Altria Group Inc. Moreover, Perkins Cap Mngmt has 1.3% invested in Altria Group Inc (NYSE:MO) for 15,700 shares. The Iowa-based At Bancorporation has invested 0.09% in Altria Group Inc (NYSE:MO). Montana-based Da Davidson has invested 0.2% in Altria Group Inc (NYSE:MO). BlackRock Inc. grew its position in Altria Group by 7.6% during the 2nd quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in shares of Altria Group by 3.1% in the second quarter. Gulf Intl Bancorporation (Uk) has 40,353 shares.

The company reported its EPS on 9/29/2017.

Altria Group is the parent company of Philip Morris USA, U.S. Smokeless Tobacco Company, John Middleton, Ste. The stock presently has a consensus rating of "Hold" and a consensus price target of $72.38. Hedge funds and other institutional investors own 60.77% of the company's stock. Altria Group's revenue for the quarter was down 1.8% compared to the same quarter previous year.

Since May 23, 2017, it had 0 buys, and 1 insider sale for $361,725 activity. 5,000 shares valued at $361,725 were sold by MUNOZ GEORGE on Tuesday, May 23.

A number of other equities research analysts have also weighed in on MO. During the same quarter previous year, the firm posted $0.82 earnings per share. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.03. Old Bancorp In holds 0.89% of its portfolio in TJX Companies Inc (NYSE:TJX) for 225,699 shares.

Among 12 analysts covering Hersha Hospitality Trust (NYSE:HT), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 68% are positive. Altria Group has a one year low of $60.01 and a one year high of $77.79.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -5.67%, and has a solid year to date (YTD) performance of -2.57% which means that the stock is constantly adding to its value from the previous fiscal year end price. Altria Group Inc. had 50 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with "Buy" on Friday, August 11. Cowen and Company set a $78.00 price objective on shares of Altria Group and gave the company a hold rating in a report on Friday, July 28th. The company was upgraded on Tuesday, September 26 by Cowen & Co. Vetr now has $71.65 price target on the stock. On Monday, November 6 the stock rating was maintained by RBC Capital Markets with "Hold". The rating was downgraded by KeyBanc Capital Markets on Tuesday, November 29 to "Underweight". Apriem Advsrs invested in 0.47% or 23,921 shares. 81 funds opened positions while 357 raised stakes. Birmingham Capital Management Al reported 35,738 shares. Suntrust Banks accumulated 0.02% or 157,000 shares. Voya Invest Management Ltd Liability Corp holds 902,301 shares. Americafirst Capital Mgmt Ltd Llc holds 0.38% or 4,097 shares. Farmers Merchants Inc holds 0.05% or 8,654 shares. Cap City Trust Com Fl owns 5,855 shares or 0.17% of their United States portfolio. Victory Capital Management owns 0% invested in DSW Inc. Summit Grp Limited Com has invested 0.04% in Altria Group Inc (NYSE:MO). (NYSE:DSW) for 58,424 shares. Paragon Ltd Liability Corporation reported 4,939 shares or 0.12% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in DSW Inc. Advisor Ptnrs Llc has invested 0.18% in TJX Companies Inc (NYSE:TJX). (NYSE:DSW) for 12,617 shares. Klingenstein Fields & Limited Liability holds 0.2% or 67,968 shares in its portfolio. Endurance Wealth Mngmt stated it has 15,037 shares. Children's Place Retail Store (NASDAQ:PLCE) was reduced too. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Therefore 29% are positive. DSW Inc has $38 highest and $17.0 lowest target.

The stock is now showing YTD performance of -2.57 Percent. ICICI Bank had 10 analyst reports since August 19, 2015 according to SRatingsIntel. Bank of America downgraded the shares of HT in report on Friday, March 3 to "Underperform" rating. The company was upgraded on Wednesday, August 19 by Zacks. The company was downgraded on Tuesday, May 3 by Goldman Sachs. The rating was initiated by Jefferies with "Hold" on Wednesday, September 21. The firm earned "Buy" rating on Monday, May 9 by Argus Research. Morgan Stanley has "Equal-Weight" rating and $65 target.

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