Wolverine Asset Management LLC Sells 2866 Shares of Altria Group Inc (MO)

Doris Richards
April 11, 2018

Among 12 analysts covering Altria Group (NYSE:MO), 10 have Buy rating, 0 Sell and 2 Hold. It has underperformed by 14.80% the S&P500.

Zeke Capital Advisors Llc decreased its stake in Altria Group Inc Com (MO) by 16.52% based on its latest 2017Q4 regulatory filing with the SEC. The King Luther Capital Management Corp holds 146,297 shares with $9.86 million value, up from 79,700 last quarter. The institutional investor held 166,700 shares of the hotels and resorts company at the end of 2017Q4, valued at $4.84 million, down from 186,600 at the end of the previous reported quarter. Wealth Enhancement Advisory Services Llc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $122.09 billion market cap company. The stock increased 2.41% or $0.73 during the last trading session, reaching $31.02. About 4.28 million shares traded.

TRADEMARK VIOLATION NOTICE: "Altria Group Inc (NYSE:MO) Shares Sold by Retirement Systems of Alabama" was originally published by Week Herald and is the sole property of of Week Herald. It has underperformed by 21.64% the S&P500.

Among 30 analysts covering Goldman Sachs Group Inc. The stock presently has a consensus rating of "Buy" and a consensus price target of $74.53. Therefore 39% are positive. King Luther Capital Management Corp acquired 66,597 shares as Xilinx Inc (XLNX)'s stock rose 6.12%. (NASDAQ:NFLX) on Monday, October 30. They set a "buy" rating and a $72.00 price objective for the company. The third largest holder is State Street Corp, which now holds $4.41 billion worth of this stock and that ownership represents almost 3.63% of its market capitalization. The stock of QEP Resources, Inc. (NYSE:MO) has "Hold" rating given on Thursday, August 24 by Jefferies. The stock has "Outperform" rating by RBC Capital Markets on Tuesday, October 13. The rating was maintained by Piper Jaffray with "Buy" on Thursday, October 26. The rating was reinitiated by Morgan Stanley on Tuesday, November 29 with "Equal-Weight".

Analysts await Time Warner Inc. NYSE:MO is 0.06506. This number is calculated by looking at the sum of the dividend yield plus percentage of sales repurchased and net debt repaid yield. Over the last 90 days, insiders have sold 28,117 shares of company stock worth $1,821,707. MO's profit will be $1.79 billion for 16.82 P/E if the $0.94 EPS becomes a reality. After $1.60 actual EPS reported by Time Warner Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth. GNODDE RICHARD J also sold $1.19M worth of The Goldman Sachs Group, Inc.

At the time of writing, General Electric Company (NYSE:GE) has a Piotroski F-Score of 5. The insider Quigley Brian W. sold 3,464 shares worth $216,154.

Investors sentiment increased to 0.93 in 2017 Q4. Its down 0.32, from 1.29 in 2017Q3. It increased, as 64 investors sold TWX shares while 363 reduced holdings. 76 funds opened positions while 181 raised stakes. First Manhattan Co. grew its position in Altria Group by 22.8% during the 4th quarter.


Altria Group announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 1st that permits the company to buyback $1.00 billion in shares. Spirit Realty Capital, Inc. Aperio Grp Limited Liability Corp reported 0.03% of its portfolio in Spirit Realty Capital, Inc. Hanson And Doremus Invest Mngmt holds 0.07% or 825 shares in its portfolio. 268.85 million shares or 1.06% less from 271.74 million shares in 2017Q3 were reported. (NYSE:QEP). Ubs Asset Americas holds 0% or 245,783 shares.

Watching some historical volatility numbers on shares of General Electric Company (NYSE:GE), we can see that the 12 month volatility is presently 29.747200. Fukoku Mutual Life holds 204,200 shares or 2.2% of its portfolio. 144,559 are held by Wellington Mngmt Gru Llp. Bahl & Gaynor Incorporated holds 1.59% or 2.16M shares. Old Mutual Customised Solutions (Proprietary) has 0.2% invested in The Goldman Sachs Group, Inc. Lazard Asset Management Ltd Liability owns 1,868 shares or 0% of their U.S. portfolio. Gulf Comml Bank (Uk) Ltd accumulated 0.07% or 78,150 shares. The company's shares were given away at $62.34 per share worth to an income of some $199,488 on account of Surgner W Hildebrandt Jr. Lafayette Investments invested 0.1% in Altria Group, Inc. (NYSE:MO) on Wednesday, February 7. Robeco Institutional Asset Management Bv stated it has 0.68% in Altria Group, Inc. It worsened, as 32 investors sold SRC shares while 86 reduced holdings. The ROIC 5 year average of Altria Group, Inc. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.46 average brokerage recommendation. Therefore 33% are positive.

Altria Group, Inc. (MO) ticked a yearly performance of -11.44% while year-to-date (YTD) performance stood at -11.43%. The company was downgraded on Thursday, March 24 by Bank of America. Zacks Investment Research raised Altria Group from a "sell" rating to a "hold" rating in a research report on Monday, January 8th. (NYSE:MO) for 190,590 shares. PiperJaffray maintained the shares of MO in report on Friday, February 2 with "Overweight" rating. Altria Group's payout ratio is now 82.84%. (NYSE:QEP) earned "Buy" rating by Cantor Fitzgerald on Wednesday, December 23. The firm has "Buy" rating given on Friday, January 19 by Jefferies. The firm earned "Sell" rating on Monday, May 29 by RBC Capital Markets.

Investors sentiment decreased to 1.03 in 2017 Q4. Its up 0.04, from 0.89 in 2017Q3.

Other hedge funds also recently added to or reduced their stakes in the company. Texas Yale holds 0.54% or 87,882 shares.

In the transaction dated February 08, 2018, the great number of shares disposed came courtesy the Pres&CEO, Altria Grp Dist. Co.; Johnson Craig A. disposed a total of 14,953 shares at an average price of $66.59, amounting to approximately $995,720. Investors Asset Mgmt Of Georgia Inc Ga Adv holds 1.89% of its portfolio in Altria Group, Inc. (NYSE:MO). Mckinley Carter Wealth Svcs has invested 0.24% in Altria Group, Inc. (NYSE:GS). Dodge And Cox invested 2.28% in The Goldman Sachs Group, Inc. (NYSE:MO) or 6,500 shares. Trexquant Inv Limited Partnership has invested 0.59% in Altria Group, Inc. Polaris Greystone Fincl Lc invested in 6,037 shares or 0.1% of the stock. The Australia-based Westpac Banking has invested 0.03% in Xilinx, Inc.

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