Analysts Set Altria (MO) Price Target at $74.21

Henrietta Strickland
April 21, 2018

Vanguard Group Inc. now owns 136,023,361 shares of the company's stock valued at $10,129,659,000 after purchasing an additional 2,690,270 shares during the period. The institutional investor held 415,365 shares of the consumer services company at the end of 2017Q4, valued at $5.58 million, up from 230,800 at the end of the previous reported quarter. Alps Advisors Inc who had been investing in Cf Industries Holdings Inc for a number of months, seems to be less bullish one the $9.04B market cap company. About 8.75 million shares traded or 3.03% up from the average. CF Industries Holdings, Inc. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 20, 2017 and is uptrending.

Albion Financial Group UT decreased its stake in Altria (NYSE:MO) by 39.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. Hrt Financial Llc acquired 76,518 shares as Altria Group Inc (MO)'s stock declined 15.83%. Insiders sold a total of 28,117 shares of company stock worth $1,821,707 in the last three months. Altria Group, Inc. (NYSE:MO) has declined 17.05% since April 21, 2017 and is downtrending. It has underperformed by 28.60% the S&P500. Altria Group Inc. had 60 analyst reports since July 31, 2015 according to SRatingsIntel. (NYSE:MO). Cubist Systematic Strategies Limited Liability Co reported 64,872 shares. They expect $1.25 earnings per share, up 23.76% or $0.24 from last year's $1.01 per share. The firm has a market capitalization of $109,807.94, a PE ratio of 16.93, a P/E/G ratio of 1.68 and a beta of 0.62.

Altria (NYSE:MO) last issued its quarterly earnings results on Thursday, February 1st.

Investors sentiment increased to 0.93 in 2017 Q4. Its down 0.34, from 1.4 in 2017Q3.

A number of hedge funds have recently added to or reduced their stakes in the stock. Ruggie Capital Grp Incorporated invested in 0.19% or 4,203 shares. Fin Advisory Ser Inc has invested 0.21% in Altria Group, Inc. (NYSE:MO) or 1,797 shares. Midas Mngmt Corporation holds 47,100 shares. (NYSE:MO). Davenport Ltd Co invested 0.69% of its portfolio in Altria Group, Inc. 48,733 were reported by Warren Averett Asset Mngmt Lc. Gargoyle Inv Advisor Lc holds 13,518 shares. Sii Invests Wi has 21,132 shares for 0.16% of their portfolio. Lombard Odier Asset (Switzerland) invested in 4,530 shares or 0.07% of the stock. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued. 32,738 were accumulated by Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma. BlackRock Inc. boosted its stake in shares of Altria Group by 3,343.5% in the first quarter. Bancorporation Of The West accumulated 0.38% or 42,622 shares. Altria's revenue for the quarter was down.4% compared to the same quarter last year. research analysts forecast that Altria will post 4.01 EPS for the current year. (NYSE:MO). Exxonmobil Invest Mgmt Tx holds 0.59% of its portfolio in Altria Group, Inc. Therefore 69% are positive. Quantum Capital Management LLC NJ acquired a new position in Altria in the third quarter valued at approximately $114,000. Stifel Nicolaus maintained Altria Group, Inc. Jefferies maintained the stock with "Hold" rating in Tuesday, September 26 report. Cowen & Co downgraded Altria Group, Inc. The rating was maintained by RBC Capital Markets on Monday, May 29 with "Sell". Finally, Argus reiterated a "buy" rating and issued a $79.00 target price (up previously from $66.13) on shares of Altria in a research report on Wednesday, March 14th. Piper Jaffray maintained the stock with "Buy" rating in Thursday, October 26 report. The rating was maintained by CLSA with "Outperform" on Thursday, September 15. Royal Bank of Canada reissued a "sector perform" rating and set a $62.00 price objective (down from $65.00) on shares of Altria in a report on Monday, February 5th. The company was maintained on Friday, October 27 by Maxim Group. Berenberg upgraded the shares of MO in report on Tuesday, December 19 to "Buy" rating.

Since February 7, 2018, it had 0 insider buys, and 4 insider sales for $1.82 million activity. $995,734 worth of stock was sold by Johnson Craig A. on Wednesday, February 7. Vetr lowered shares of Altria from a "hold" rating to a "sell" rating and set a $68.17 price target on the a research note on Monday, January 22nd. Also, CEO Brian W. Quigley sold 3,464 shares of the business's stock in a transaction dated Friday, March 2nd. Also, SVP James E. Dillard III sold 6,500 shares of the firm's stock in a transaction on Friday, February 9th.

Investors sentiment increased to 0.93 in Q4 2017. Its down 0.04, from 0.88 in 2017Q3. It also reduced its holding in Ecolab Inc (NYSE:ECL) by 2,779 shares in the quarter, leaving it with 22,071 shares, and cut its stake in Berkshire Hathaway Inc Del (BRKB). 151 funds opened positions while 637 raised stakes. The company reported $0.73 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.74 by $0.01. Southeast Asset Advisors Inc. now owns 8,938 shares of the company's stock worth $666,000 after buying an additional 87 shares during the period. Plante Moran Financial Advisors Ltd Llc owns 202 shares. Whitnell And reported 3,000 shares. Fiera Cap has 13,100 shares. Oxbow Advsrs Limited Liability accumulated 4,057 shares. BlackRock Inc. now owns 118,556,311 shares of the company's stock worth $8,467,293,000 after buying an additional 115,113,387 shares during the period.

Generation Investment Management Llp, which manages about $10.32 billion US Long portfolio, upped its stake in Schein Henry Inc (NASDAQ:HSIC) by 9.36M shares to 11.03 million shares, valued at $770.51 million in 2017Q4, according to the filing. Counselors reported 103,675 shares or 0.18% of all its holdings.

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