Published: Fri, June 09, 2017
Markets | By Noel Gibbs

Investors Traded Stock: Altria Group, Inc


A number of other institutional investors have also made changes to their positions in MO. Texas Permanent School Fund has 0.53% invested in Altria Group Inc (NYSE:MO) for 584,228 shares. State Street Corp now owns 73,937,476 shares of the company's stock worth $4,999,837,000 after buying an additional 1,073,416 shares during the period. Intact Investment Management Inc. now owns 288,000 shares of the company's stock valued at $19,477,000 after buying an additional 83,700 shares during the period. Meristem LLP increased its position in shares of Altria Group by 11.6% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 21,915,337 shares of the company's stock worth $1,481,916,000 after buying an additional 2,676,668 shares during the period. While looking the figure depicted by the Price to Earning we can suggest that the shares of Altria Group, Inc. Rockland Trust Co. increased its stake in Altria Group by 1.2% in the first quarter. The Massachusetts-based Baldwin Brothers Inc Ma has invested 0.08% in the stock. Following the completion of the sale, the director now owns 112,457 shares of the company's stock, valued at approximately $7,952,959.04.

Altria Group (NYSE:MO) last announced its earnings results on Tuesday, May 2nd. The firm has a market cap of $145.66 billion, a price-to-earnings ratio of 10.17 and a beta of 0.61.

Analysts await Altria Group Inc (NYSE:MO) to report earnings on July, 26. The hedge fund run by David Winters held 574,007 shares of the farming and seeds and milling company at the end of 2016Q4, valued at $38.81 million, down from 728,441 at the end of the previous reported quarter. The firm had revenue of $4.59 billion during the quarter, compared to analyst estimates of $4.63 billion. With 5.35 million avg volume, 1 days are for Altria Group Incorporated (NYSE:MO)'s short sellers to cover MO's short positions. During the same period in the prior year, the business posted $0.72 earnings per share.

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Bank of New York Mellon Corp raised its stake in shares of Cypress Semiconductor Co. 4,961,885 shares of the stock traded hands. If you are viewing this story on another website, it was stolen and reposted in violation of global trademark & copyright laws.


The consensus recommendation - averaging the work of 14 analysts - of 2.3 for Altria Group, Inc. Stockholders of record on Thursday, June 15th will be issued a $0.61 dividend. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 47. More interesting news about Altria Group Inc (NYSE:MO) were released by: Fool.com and their article: "Better Buy: Altria Group Inc. vs. Reynolds American" published on June 05, 2017 as well as Seekingalpha.com's news article titled: "Just Stick With Altria" with publication date: May 19, 2017. Altria Group's dividend payout ratio (DPR) is now 33.47%.

WARNING: This story was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this report on another domain, it was copied illegally and reposted in violation of U.S. and global copyright laws. The legal version of this report can be accessed at https://baseballnewssource.com/markets/gw-henssler-associates-ltd-cuts-position-in-altria-group-inc-mo/952313.html. Morgan Stanley reinitiated it with "Equal-Weight" rating and $65 target in Tuesday, November 29 report. Altria Group presently has a consensus rating of "Hold" and a consensus price target of $72.35. They noted that the move was a valuation call. Credit Agricole downgraded the shares of MO in report on Thursday, July 30 to "Outperform" rating.

Among 2 analysts covering Solium Capital (TSE:SUM), 1 have Buy rating, 0 Sell and 1 Hold. The company has an average rating of "Hold" and an average price target of $72.35. Also, Director George Munoz sold 5,000 shares of the stock in a transaction on Tuesday, May 23rd. The company has a consensus rating of "Hold" and a consensus price target of $72.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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In related news, Director Dinyar S. Devitre sold 4,285 shares of Altria Group stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $70.72, for a total value of $303,035.20. After the latest check-in, shares are -0.98% off of the 50 day high and 7.77% away from the 50 day low number. The disclosure for this sale can be found here. (MO) ended its last session at $75.27 by Surging 0.28%. UBS initiated Altria Group Inc (NYSE:MO) rating on Friday, February 26.

A few other fundamental data points to look at include a current ratio of and a profit margin of 55.90%, indicating underlying health of the company.

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