Barnett & Company Inc. Buys 525 Shares of Altria Group (MO)

Modesto Morganelli
Febbraio 17, 2017

Finally, Stillwater Investment Management LLC raised its stake in shares of Altria Group by 0.7% in the third quarter. These analysts and investment firms use various valuation methods to decide a price target for a stock. Morgan Stanley reissued an "equal weight" rating and set a $65.00 target price on shares of Altria Group in a research note on Tuesday, November 29th. The 5 year historical dividend growth of Altria Group (MO) is at the rate of 8.65% while the R-Squared dividend growth is 0.97. Tarbox Group Inc. now owns 5,558 shares of the company's stock valued at $383,000 after buying an additional 15 shares during the last quarter.

SVP, Research, Dev. & RegAffrs, Dillard James E III, sold 9,000 common shares of Altria Group, Inc. Finally, Berenberg Bank lowered shares of Altria Group from a "buy" rating to a "hold" rating and set a $76.00 price target for the a research report on Friday, February 3rd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company's stock. The consensus analyst PT for this stock has now been moved to $71.73. In last trade, the intraday high was $72.21, putting the share price -0.98% below its 52-week high and trades 24.77% higher from the lowest price they have traded at during the previous year. 2,139,291 shares of the company were exchanged. The third largest holder is Capital Research Global Investors, which now holds $4.92 billion worth of this stock and that ownership represents almost 3.46% of its market capitalization. The firm's 50-day moving average price is $68.14 and its 200 day moving average price is $65.71. Altria Group has a 1-year low of $59.48 and a 1-year high of $72.59.

Altria Group Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.68 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.01. The firm had revenue of $6.90 billion for the quarter, compared to analysts' expectations of $5.11 billion. Altria Group had a net margin of 55.31% and a return on equity of 109.95%. The firm's quarterly revenue was up.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.67 EPS. Equities analysts predict that Altria Group will post $3.31 EPS for the current year. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of USA & global copyright and trademark law. The correct version of this article can be accessed at

A number of other hedge funds and other institutional investors have also modified their holdings of MO. Altria Group (MO) formally announced its most recent dividend on December 7, 2016 with a Dividend per share of $0.61. Integrated Wealth Counsel LLC now owns 1,600 shares of the company's stock valued at $101,000 after buying an additional 1,500 shares during the period.

RiverPoint Capital Management LLC lowered its position in Altria Group (NYSE:MO) by 5.6% during the third quarter, Holdings Channel reports. Isthmus Partners LLC increased its position in shares of Altria Group by 37.8% in the third quarter. HM Capital Management LLC now owns 3,393 shares of the company's stock valued at $215,000 after buying an additional 10 shares during the last quarter. Round Table Services LLC raised its stake in shares of Altria Group by 0.8% in the third quarter. Day & Ennis LLC increased its stake in shares of Altria Group by 0.5% in the second quarter. Day & Ennis LLC now owns 3,328 shares of the company's stock valued at $229,000 after buying an additional 18 shares during the last quarter. Institutional Investors own 60.77% of Altria Group shares.

Several sell side analysts reviewed their recommendations on Altria Group, Inc.

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