Vetr raised Altria Group from a "sell" rating to a "buy" rating and set a $80.18 target price on the stock in a research report on Monday, June 5th. Its up 0.75% from 13,300 shares previously. Nationwide Fund Advisors who had been investing in Altria Group Inc Common for a number of months, seems to be bullish on the $122.21B market cap company. The stock has moved down across its 50-day moving average of $63.95. On average, equities research analysts expect that Altria Group Inc will post $3.30 earnings per share for the current year. NY decreased its position in Altria Group Inc (NYSE:MO) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. It has underperformed by 4.78% the S&P500.
Rathbone Brothers Plc increased its stake in Royal Bank Of Canada Npv Common Stock (RY) by 1.86% based on its latest 2017Q2 regulatory filing with the SEC. Nationwide Fund Advisors bought 296,153 shares as the company's stock declined 2.84% while stock markets rallied. Mascoma Wealth Management has an ownership of 2,701 company stock worth at $193,000 after scooping up an extra 8 stocks in the previous period. The institutional investor owned 31,231 shares of the company's stock after selling 3,936 shares during the period.
Altria Group announced that its board has approved a share repurchase program on Thursday, July 27th that permits the company to repurchase $1.00 billion in outstanding shares. AMKBF's SI was 13,400 shares in September as released by FINRA. The ex-dividend date of this dividend is Thurs, Sep 14th. The firm has "Hold" rating given on Monday, June 5 by Jefferies. Burt Wealth Advisors reported 835 shares. As per Wednesday, July 5, the company rating was maintained by Keefe Bruyette & Woods. On Thursday, September 15 the stock rating was maintained by CLSA with "Outperform". BidaskClub downgraded shares of Altria Group from a "hold" rating to a "sell" rating in a research report on Wednesday, July 12th. On Friday, July 7 the stock rating was maintained by Cowen & Co with "Hold". On Monday, December 19 the stock rating was downgraded by Avondale to "Mkt Perform". Zacks Investment Research cut Altria Group from a "hold" rating to a "sell" rating in a report on Tuesday, July 11th. (MO) stake by 11.4% reported in 2017Q2 SEC filing. Perigon Wealth Management LLC now owns 1,641 shares of the company's stock worth $118,000 after buying an additional 74 shares in the last quarter.
Investors sentiment increased to 0.91 in Q2 2017. Its down 0.01, from 0.91 in 2017Q1. It improved, as 63 investors sold MO shares while 529 reduced holdings. Proficio Capital Partners LLC boosted its stake in Altria Group by 97.4% during the first quarter. 17,043 were reported by First Financial In. Clearbridge Limited Company holds 0.01% in Altria Group Inc (NYSE:MO) or 178,993 shares.
In other Altria Group news, Chief Executive Officer Martin J. Barrington unloaded 15,300 stocks of the shares in a trade dated Thurs, Aug 10th. Virtus Invest Advisers Incorporated, Connecticut-based fund reported 29,190 shares. Rmb Capital Management Llc acquired 184,000 shares as Us Bancorp Del (Put) (USB)'s stock declined 6.89%. Renaissance Llc has invested 0.27% in Altria Group Inc (NYSE:MO). 37,922 were accumulated by Gotham Asset Management Ltd Co. Parametric Portfolio Associates LLC now owns 4,639,646 shares of the company's stock worth $331,364,000 after acquiring an additional 388,541 shares during the last quarter. Park Corp Oh reported 26,461 shares or 0.12% of all its holdings. Triple Frond Ptnrs Ltd Liability Com owns 186,000 shares or 2.96% of their U.S. portfolio. Glg Limited Liability invested in 100,852 shares or 0.46% of the stock. Bnp Paribas Arbitrage accumulated 16,483 shares. The original version of this article can be accessed at https://www.dispatchtribunal.com/2017/09/25/cordasco-financial-network-has-2-33-million-stake-in-altria-group-mo.html. CME Group Inc (NASDAQ:CME) has risen 25.35% since September 24, 2016 and is uptrending.
Over the couple years MO has established a strong pattern of missing Street earnings views 41% of the time, according to historical earnings data, met predictions on 0 occasions and surpassed estimates 7 times over the last couple years. Fewer analysts at Reuters have a buy or better ratings (7) on the Altria Group, Inc. stock compared with those who have a hold (8) rating while the 12-month target price suggested by the average analysts is $71.69. 1 equity analyst has recommended the share with a sell recommendation, nine has issued a hold recommendation, six has issued a buy recommendation and 1 have issued a strong buy recommendation to the firms shares. Therefore 61% are positive. Altria Group had a ROE of 59.50% and a net profit margin of 56.98%. the business reported sales of $4.37 B for the period, compared with brokerage expectations of $5.02 B. for the same period in the prior year, the business reported $0.81 Earnings Per Share. The firm has "Hold" rating by Berenberg given on Friday, February 3. The rating was maintained by Jefferies with "Hold" on Thursday, August 24. The firm has "Buy" rating by Guggenheim given on Thursday, October 8. The rating was maintained by RBC Capital Markets with "Sell" on Monday, May 29. The rating was maintained by Barclays Capital on Thursday, March 30 with "Equal Weight".
Since April 3, 2017, it had 0 insider buys, and 3 insider sales for $22.24 million activity. $361,725 worth of stock was sold by MUNOZ GEORGE on Tuesday, May 23.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.