Hot Stock under Consideration: Altria Group, Inc. (MO)

Leslie Hanson
October 13, 2017

Smith Howard Wealth Mngmt Limited Liability Company reported 8,580 shares.

Market capitalization is the total market value of all of a company's outstanding shares. Dividends are mostly given in terms of cash payments, property or as shares of stock. About 2.36 million shares traded. (NASDAQ:SMMF) to report earnings on October, 23. It has outperformed by 20.71% the S&P500.

Altria Group (NYSE:MO) last issued its earnings results on Tuesday, May 2nd. The institutional investor held 9.51M shares of the farming and seeds and milling company at the end of 2017Q2, valued at $708.52 million, up from 9.30 million at the end of the previous reported quarter. Insiders own 0.11% of the company's stock. About shares traded. Altria Group Inc (NYSE:MO) has risen 11.92% since October 12, 2016 and is uptrending. It has underperformed by 4.78% the S&P500. Sigma Planning has 0.81% invested in Altria Group Inc (NYSE:MO) for 115,911 shares. Over the last five days, shares have managed 2.17% gains and now is down -7.85% since hitting its 200-day moving average of $69.65. MO's profit will be $1.68B for 18.48 P/E if the $0.88 EPS becomes a reality. Lafayette Investments Inc. now owns 3,863 shares of the company's stock worth $276,000 after purchasing an additional 25 shares in the last quarter.

Analysts await Altria Group Inc (NYSE:MO) to report earnings on October, 26. More interesting news about Altria Group Inc (NYSE:MO) were released by: Seekingalpha.com and their article: "A Major Catalyst For Altria" published on September 26, 2017 as well as Seekingalpha.com's news article titled: "Is Altria Oversold?" with publication date: September 14, 2017.

HM Capital Management LLC increased its position in Altria Group by 0.3% during the 1st quarter. Its up 0.01, from 0.9 in 2017Q1. It increased, as 39 investors sold AMP shares while 202 reduced holdings. FormulaFolio Investments LLC raised its position in shares of Altria Group by 15.1% in the third quarter. The Virginia-based Burney Co has invested 0.02% in the stock. Boston Family Office Lc invested in 66,681 shares or 0.59% of the stock. Nbt Financial Bank N A, a New York-based fund reported 59,351 shares. The Ohio-based Dean Associates Ltd Company has invested 0.13% in Ameriprise Financial, Inc. Cortland Assoc Mo holds 34,075 shares. Lee Danner Bass reported 56,791 shares stake. Altria Group makes up about 2.6% of Verus Financial Partners Inc.'s portfolio, making the stock its 7th largest holding. Moreover, Morgan Stanley has 0% invested in the company for 1,145 shares. Atwood And Palmer Incorporated holds 18,400 shares or 0.21% of its portfolio. Foothills Asset Mngmt Limited reported 30,837 shares.

Sabal Trust CO boosted its position in shares of Altria Group Inc (NYSE:MO) by 5.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Wendell David Assocs holds 0.08% or 5,833 shares in its portfolio.

Banco Santander, S.A. has 0 buy ratings, 1 holds and 0 sells even after the stock tumbled -3.46% from its high of $6.99 to a $105.67 billion market value through last close. AT Bancorp now owns 10,545 shares of the company's stock worth $753,000 after purchasing an additional 29 shares in the last quarter. Altria Group Inc now has $124.46B valuation. Weiss Multi has invested 0.15% of its portfolio in Altria Group Inc (NYSE:MO). Therefore 67% are positive. The firm earned "Outperform" rating on Monday, January 11 by Credit Suisse. Analysts on average have given a price target of $72 to Altria Group, Inc. stock. The rating was upgraded by Argus Research on Monday, May 9 to "Buy". The rating was maintained by Jefferies with "Hold" on Thursday, August 24. BidaskClub raised shares of Altria Group from a "buy" rating to a "strong-buy" rating in a report on Wednesday, June 21st.


The company also recently announced a quarterly dividend, which will be paid on Monday, July 10th. Berenberg Bank lowered shares of Altria Group from a "buy" rating to a "hold" rating and set a $76.00 target price for the company.in a research note on Friday, February 3rd. Moreover, Macnealy Hoover Investment Mgmt has 0.24% invested in Altria Group Inc (NYSE:MO). The company was downgraded on Thursday, March 23 by RBC Capital Markets. Cowen & Co downgraded the shares of MO in report on Friday, October 30 to "Market Perform" rating.

Clearbridge Llc, which manages about $5.40 billion and $4.71 billion US Long portfolio, upped its stake in Continental Bldg Prods Inc (NYSE:CBPX) by 53,011 shares to 508,870 shares, valued at $11.86M in 2017Q2, according to the filing.

Wright Investors Service Inc increased Philip Morris Intl Inc (NYSE:PM) stake by 17,160 shares to 38,816 valued at $4.56 million in 2017Q2.

More news for Copart, Inc.

The stock increased 0.59% or $0.05 on October 11, reaching $8.47.

Another recent and important Knight Transportation Inc (NYSE:KNX) news was published by Nasdaq.com which published an article titled: "Knight Transportation, Inc". Its up 8.06, from 1.2 in 2017Q1. The firm's revenue for the quarter was up 1.3% compared to the same quarter past year. 19,435 were reported by Acadian Asset Mgmt Limited. Following the completion of the sale, the director now owns 112,457 shares in the company, valued at approximately $7,952,959.04. Pictet Asset Management owns 0.06% invested in Ameriprise Financial, Inc. Thrivent For Lutherans reported 0.01% stake. Following the sale, the chief executive officer now owns 701,074 shares in the company, valued at $45,590,842.22. The company was maintained on Wednesday, April 6 by Citigroup. Employees Retirement Systems Of Texas, a Texas-based fund reported 165,000 shares.

Other reports by Iphone Fresh

Discuss This Article

FOLLOW OUR NEWSPAPER