Guru Analysis Of Altria Group, Inc. (MO)

Henrietta Strickland
March 5, 2018

Finally, Zacks Investment Research upgraded shares of Altria Group from a "sell" rating to a "hold" rating in a research note on Monday, January 8th. Altria Group Inc now has $118.92B valuation. The stock managed 0.19% rise and now stands at $62.55 as of 03/02/2018. About 3.07 million shares traded.

Altria Group, Inc. (NYSE:MO) touched its 1-Year High price of $77.79 on 06/20/17 and its 1-Year Low price of $60.01 on 07/28/17. It has underperformed by 4.78% the S&P500.The move comes after 7 months positive chart setup for the $119.95B company. (MO) by 80.34% based on its latest 2017Q3 regulatory filing with the SEC. Strategic Global Advisors Llc bought 11,747 shares as the company's stock rose 23.58% with the market. The institutional investor purchased 12,286 shares of the company's stock, valued at approximately $1,506,000. Signalpoint Asset Management Llc who had been investing in Altria Group Inc. for a number of months, seems to be less bullish one the $120.90B market cap company. It closed at $0.0041 lastly. About 237,672 shares traded. It is down 0.00% since March 5, 2017 and is. It has underperformed by 12.05% the S&P500.

MO has been the topic of a number of recent analyst reports. Hendershot Investments holds 0.21% or 7,619 shares. MO's profit will be $1.79 billion for 16.64 P/E if the $0.94 EPS becomes a reality. (NYSE:TR). Commercial Bank Of America Corp De has invested 0% in Tootsie Roll Industries, Inc.

Investors sentiment increased to 1.06 in 2017 Q3. Its down 0.27, from 1.43 in 2017Q2. Shares for $29.88 million were sold by GOLDNER BRIAN. 17 funds opened positions while 48 raised stakes. Palisades Hudson Asset Limited Partnership reported 0.26% in AT&T Inc. Folger Nolan Fleming Douglas Cap Mngmt Inc accumulated 4,760 shares. Moreover, Nichols Pratt Advisers Llp Ma has 0.35% invested in AT&T Inc. (NYSE:TR). New York State Common Retirement Fund holds 0% of its portfolio in Tootsie Roll Industries, Inc. Virginia-based Burney has invested 0.1% in Altria Group, Inc. Whittier Of Nevada has invested 0% in Tootsie Roll Industries, Inc. (NYSE:T). Glenview Financial Bank Dept has invested 1.62% in AT&T Inc. (NYSE:MO). Jaffetilchin Partners Ltd Llc reported 4,835 shares stake. Parsec Mgmt Inc reported 0.04% stake.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 64 Percent. Susquehanna Int Group Inc Llp has invested 0.01% in AT&T Inc. That puts total institutional holdings at 1,219,942,855 shares, according to SEC filings. Zweig holds 0.05% of its portfolio in Applied Materials, Inc. (NYSE:T) or 125,602 shares. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation. The firm earned "Buy" rating on Monday, May 9 by Argus Research. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The stock of AT&T Inc. UBS initiated it with "Neutral" rating and $63 target in Friday, February 26 report. As per Thursday, February 1, the company rating was maintained by Piper Jaffray. The firm earned "Hold" rating on Monday, February 5 by RBC Capital Markets. The company was maintained on Monday, January 8 by Cowen & Co. Citigroup initiated the shares of MO in report on Tuesday, September 13 with "Buy" rating.

Analysts await Altria Group, Inc. (NYSE:MO) shares with value of $410,313 were sold by Dillard James E III. Therefore 79% are positive. After $0.91 actual EPS reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 3.30% EPS growth. For example, if a stock has an RVOL of 5, it's trading at five times its normal volume. The rating was maintained by Jefferies on Friday, November 17 with "Hold".

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 10th. As per Wednesday, September 2, the company rating was upgraded by Vetr. The firm has "Outperform" rating by CLSA given on Thursday, September 15. Barclays Capital maintained Altria Group, Inc. (NYSE:MO) for 3,939 shares.

Investors sentiment decreased to 0.89 in 2017 Q3. Its up 0.24, from 0.82 in 2017Q2. It dropped, as 91 investors sold MO shares while 516 reduced holdings.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Following the transaction, the chief executive officer now directly owns 64,809 shares in the company, valued at $4,315,631.31. Fincl Advisory Service holds 11,690 shares or 0.21% of its portfolio. National Bank & Trust Of The West reported 37,185 shares or 0.3% of all its holdings. Trustco Bankshares N Y stated it has 0.3% of its portfolio in Altria Group, Inc. (NYSE:MO). Usca Ria Ltd Limited Liability Company holds 0.76% of its portfolio in Altria Group, Inc. (NYSE:MO) for 74,669 shares. Allsquare Wealth Ltd Liability Company holds 139 shares. Quantum Cap Management Ltd Liability Corporation Nj has 1,800 shares for 0.02% of their portfolio. Goldman Sachs Inc stated it has 56,184 shares. Baystate Wealth Management Ltd Liability Com has 4,007 shares for 0.04% of their portfolio. 10,986 were accumulated by Davidson Garrard Inc.

Among 19 analysts covering Altria Group Inc. (NYSE:MO) for 63,037 shares. Balentine LLC boosted its position in shares of Altria Group by 32.4% during the 2nd quarter.

Since September 21, 2017, it had 0 buys, and 3 selling transactions for $3.37 million activity. Oppenheimer Asset Inc has invested 0.62% in Altria Group, Inc.

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