Altria Group Inc (NYSE:MO) Institutional Investors Sentiment Index Falls in Q3 2017

January 12, 2018 - By reb123z

 Altria Group Inc (NYSE:MO) Institutional Investors Sentiment Index  Falls in  Q3 2017

Sentiment for Altria Group Inc (NYSE:MO)

Altria Group Inc (NYSE:MO) institutional sentiment decreased to 0.89 in Q3 2017. Its down -0.02, from 0.91 in 2017Q2. The ratio fall, as 538 investment managers increased or opened new positions, while 607 sold and decreased holdings in Altria Group Inc. The investment managers in our partner’s database now possess: 1.17 billion shares, up from 1.16 billion shares in 2017Q2. Also, the number of investment managers holding Altria Group Inc in their top 10 positions decreased from 55 to 36 for a decrease of 19. Sold All: 91 Reduced: 516 Increased: 420 New Position: 118.

Altria Group, Inc., through its subsidiaries, makes and sells cigarettes, smokeless products, and wine in the United States. The company has market cap of $134.15 billion. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen and Skoal, Red Seal, and Husky brands. It has a 8.76 P/E ratio. The firm also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste.

The stock increased 0.01% or $0.01 during the last trading session, reaching $70.3. About 223,373 shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since January 12, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on February, 7. They expect $0.81 EPS, up 19.12 % or $0.13 from last year’s $0.68 per share. MO’s profit will be $1.55B for 21.70 P/E if the $0.81 EPS becomes a reality. After $0.90 actual EPS reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts -10.00 % negative EPS growth.

Saratoga Research & Investment Management holds 17.86% of its portfolio in Altria Group, Inc. for 474,688 shares. Wintergreen Advisers Llc owns 386,982 shares or 11.19% of their US portfolio. Moreover, Troy Asset Management Ltd has 10.4% invested in the company for 3.62 million shares. The Wyoming-based Cypress Capital Management Llc (Wy) has invested 8.81% in the stock. Fayez Sarofim & Co, a Texas-based fund reported 15.90 million shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $2.95 million activity.

Altria Group, Inc. (NYSE:MO) Ratings Coverage

Ratings analysis reveals 74% of Altria Group Inc.’s analysts are positive. Out of 19 Wall Street analysts rating Altria Group Inc., 14 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $58.49 while the high is $85.0. The stock’s average target of $70.78 is 0.68% above today’s ($70.3) share price. MO was included in 55 notes of analysts from July 31, 2015. The rating was upgraded by Berenberg to “Buy” on Tuesday, December 19. The rating was maintained by Jefferies on Friday, November 17 with “Hold”. On Friday, September 8 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Buy” rating by Stifel Nicolaus given on Monday, July 17. The rating was downgraded by Berenberg on Friday, February 3 to “Hold”. The rating was downgraded by RBC Capital Markets on Thursday, March 23 to “Underperform”. Cowen & Co maintained the stock with “Hold” rating in Friday, July 7 report. The firm has “Buy” rating by Cowen & Co given on Thursday, October 26. The company was upgraded on Tuesday, September 26 by Cowen & Co. Morgan Stanley reinitiated Altria Group, Inc. (NYSE:MO) on Tuesday, November 29 with “Equal-Weight” rating.

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released: “Altria In 2018: Smoking Hot?” on January 02, 2018, also Fool.com with their article: “How Safe Are Altria Group Inc (MO) and Its Dividend?” published on January 11, 2018, Fool.com published: “Is It Time to Get Greedy With Altria Group Stock?” on December 13, 2017. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Seekingalpha.com and their article: “Altria: A 2018 Winner” published on January 04, 2018 as well as Seekingalpha.com‘s news article titled: “Is This Smoke Stock Past Its Prime?” with publication date: January 05, 2018.

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