Economy

Altria Group Inc (NYSE:MO) Institutional Investor Positioning

Carlson Cap Management owns 0.16% invested in Altria Group Inc (NYSE:MO) for 7,057 shares. The institutional investor bought 27,300 shares of the company's stock, valued at approximately $1,950,000.

How Active Are Altria Group, Inc.

Analyst research firms are expressing bullish stance on Altria Group, Inc.

Other institutional investors have also recently modified their holdings of the company. Summit Securities Grp Inc Ltd Liability Corp holds 11,200 shares. Fulton Bank N.A. now owns 116,642 shares of the company's stock worth $8,331,000 after purchasing an additional 2,300 shares during the last quarter. Confluence Investment Management LLC lifted its stake in shares of Altria Group by 14.0% during the 1st quarter. Finally, RNC Capital Management LLC grew its stake in Altria Group by 3.5% in the first quarter. Credit Capital Investments Llc sold 501,650 shares as the company's stock rose 28.57% with the market. Reilly Financial Advisors LLC boosted its holdings in Altria Group by 4.1% in the 1st quarter. SPC Financial Inc. grew its stake in Altria Group by 1.8% in the first quarter. Trust Co now owns 9,148 shares of the company's stock valued at $619,000 after buying an additional 619 shares in the last quarter.

Altria Group (NYSE:MO) last posted its quarterly earnings data on Thursday, July 27th.

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. The firm has a market capitalization of $122.51 billion, a PE ratio of 8.38 and a beta of 0.63.

Altria Group, Inc. (MO) stock price fell -4.19 percent over the past one year, while decreased -15.92 percent during the past 6 months. DEVITRE DINYAR S also sold $303,050 worth of Altria Group Inc (NYSE:MO) shares.

Now, the FactSet Research estimate calls for Q3 2017 earnings of US$0.88. However it has a net margin of 56.90%. In contrast to the year ago quarter EPS was at 0.81. The State Of Alaska Department Of Revenue holds 342,120 shares with $23.13M value, up from 299,422 last quarter. Stockholders of record on Friday, September 15th will be paid a $0.66 dividend.

Altria Group, Inc.is a holding company.

More recent Tronox Ltd (NYSE:TROX) news were published by: Nasdaq.com which released: "Tronox Limited (TROX) Ex-Dividend Date Scheduled for August 17, 2017" on August 16, 2017. These ratios are important while doing valuation of the company or the shares of the company. This repurchase authorization authorizes the company to repurchase up to 0.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

COPYRIGHT VIOLATION WARNING: This article was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are accessing this story on another publication, it was stolen and republished in violation of United States and worldwide trademark & copyright laws. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/09/05/trexquant-investment-lp-buys-shares-of-27300-altria-group-mo.html. The shares were sold at an average price of $65.03, for a total transaction of $994,959.00. Following the transaction, the chief executive officer now directly owns 701,074 shares in the company, valued at approximately $45,590,842.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The stock experienced 0.22% jump, arriving at $63.54 on 9/1/2017.

A number of equities analysts recently commented on the company. Out of 18 Wall Street analysts rating Altria Group Inc., 11 give it "Buy", 0 "Sell" rating, while 7 recommend "Hold".

Since May 8, 2017, it had 0 insider buys, and 2 sales for $664,775 activity. The firm earned "Buy" rating on Tuesday, September 13 by Citigroup. Finally, Stifel Nicolaus decreased their price objective on shares of Altria Group from $77.00 to $72.00 and set a "buy" rating on the stock in a report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The median estimate represents a 13.31% increase from the last price. About shares traded. Altria Group Inc (NYSE:MO) has risen 11.92% since September 4, 2016 and is uptrending. The Specialty Products segment provides functional additives to the coatings, personal care and energy markets.



Like this

Latest


06 September 2017
Southwest Airlines Co (NYSE:LUV) Institutional Investor Sentiment Trend
Cowen and Company restated a "buy" rating and issued a $67.00 target price on shares of Southwest Airlines in a report on Friday. The insider Dick Teresa L . sold $210,118. 2,000 shares were sold by Pantermuehl Russell, worth $210,000 on Friday, March 17.

06 September 2017
Georgia QB Eason to miss Notre Dame game with sprained knee
This is a bucket-list game for a lot of fans, and even for me as an objective, hard-bitten beat guy, this is pretty cool too. With a first and 10 from the App State 34-yard line, Georgia offensive coordinator Jim Chaney dialed up a pass.

06 September 2017
Asteroid Florence Has Two Small Moons, NASA Radar Reveals
Scientists plan to study the asteroid up close when it passes, using ground-based radar imaging in California and Puerto Rico. The sizes of the two moons are not yet well known, but they are probably between 100 - 300 metres (300-1000 feet) across.

06 September 2017
The Current Analyst Recommendations for Texas Instruments Incorporated (TXN), Microsoft Corporation (MSFT)
The investment professionals in our partner's database now have: 824.05 million shares, down from 834.61 million shares in 2016Q3. The stock of Intercontinental Exchange Inc (NYSE:ICE) earned "Overweight" rating by Barclays Capital on Tuesday, December 15.

06 September 2017
Duke Energy Corporation's (DUK) "Buy" Rating Reiterated at Royal Bank Of Canada
BidaskClub raised shares of Duke Energy Corp from a "hold" rating to a "buy" rating in a research report on Tuesday, August 22nd. The hedge funds in our partner's database now possess: 376.96 million shares, down from 378.15 million shares in 2016Q3.

06 September 2017
D-backs rookie Jimmie Sherfy dazzles, closes out sweep in Colorado
The Rockies managed only three hits off Godley, and although the right-hander issued six walks, the Rockies failed to cash in. However, we find ourselves only three games back of the Wild Card thanks to the recent bad play of the Colorado Rockies .

06 September 2017
Rs 200 notes may be available in ATMs only after 3 months
Overall, the recalibration is time consuming and complicated that needs a proper planning for a hassle-free transaction. Although the ATM recalibration across India could be done in 90 days , the process is still tedious and cumbersome.

06 September 2017
Temple University students react to arrest in Jenna Burleigh murder case
Temple is offering on-campus counseling 8:30 a.m.to 5 p.m., Monday through Friday, at Tuttleman Counseling Services. The last time she was seen was on surveillance video leaving a bar near the school campus in north Philadelphia .

06 September 2017
Kylie Jenner talks about relationship with Kendall
Alongside her BFF Jordan and her assistant Victoria, Kylie couldn't look more on edge and literally squirms from start to finish. Sound off in the comments section, and don't miss new episodes of Life With Kylie when they air on Sundays on E!.

06 September 2017
Lucknow Metro On Tracks! CM Yogi Flags Off The 'Eco-Friendly' Ride
Adityanath made the remark while appealing to people of Lucknow for cleanliness, safety and maintenance of the Metro. After the metro ride, Rajnath Singh tweeted: "Enjoyed my maiden ride in Lucknow Metro today".