Price Target Analysis of Altria Group, Inc. (NYSE:MO)

The institutional investor held 10,525 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $667,000, up from 5,480 at the end of the previous reported quarter.

Altria Group (NYSE MO) traded up $0.22 during trading on Friday, reaching $65.65.

Wall Street analysts expect that Altria Group Inc (NYSE:MO) will report sales of $4.62 billion for the current quarter, according to Zacks Investment Research. It has underperformed by 4.78% the S&P500. Cheviot Value Management LLC now owns 2,928 shares of the company's stock worth $218,000 after acquiring an additional 28 shares during the last quarter. The Cypress Capital Management Llc Wy holds 117,445 shares with $7.45 million value, down from 137,593 last quarter. The stock increased 2.64% or $1.42 during the last trading session, reaching $55.19. (NYSE:MO) has an average volume of 7.97 Million.

COPYRIGHT VIOLATION NOTICE: "Huber Financial Advisors LLC Buys New Position in Altria Group Inc (NYSE:MO)" was originally reported by Week Herald and is the property of of Week Herald. It has outperformed by 0.95% the S&P500. First Finance Natl Bank has 0.18% invested in Altria Group, Inc. The company reported $0.91 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.11. They expect $0.94 EPS, up 28.77% or $0.21 from last year's $0.73 per share. GOOGL's profit will be $6.73B for 29.67 P/E if the $9.69 EPS becomes a reality. After $0.91 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 3.30% EPS growth.

Brookstone Capital Management, which manages about $975.50M and $1.10 billion US Long portfolio, decreased its stake in Ishares Tr by 14,398 shares to 71,394 shares, valued at $1.83M in 2017Q3, according to the filing. It also increased its holding in Raytheon Co (NYSE:RTN) by 1,966 shares in the quarter, for a total of 2,092 shares, and has risen its stake in Gulfport Energy Corp (NASDAQ:GPOR). Johnson Craig A. sold $995,734 worth of stock. Altria Group Inc has a one year low of $60.01 and a one year high of $77.79. Balentine LLC now owns 1,460 shares of the company's stock valued at $109,000 after purchasing an additional 357 shares during the period. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 79% are positive.

Analysts await Altria Group, Inc. (NYSE:MO) established that the company was able to keep return on investment at 18.32 in the trailing twelve month while Reuters data showed that industry's average stands at 31.52 and sector's optimum level is 61.31. Jefferies Group upgraded Altria Group from a "hold" rating to a "buy" rating and dropped their price target for the company from $70.04 to $70.00 in a research report on Friday, January 19th.

In related news, CEO Brian W. Quigley sold 3,464 shares of the business's stock in a transaction dated Friday, March 2nd. The rating was maintained by Jefferies on Tuesday, January 30 with "Buy". (NYSE:MO) earned "Outperform" rating by CLSA on Thursday, September 15. Voya Investment Mgmt owns 0.12% invested in Altria Group, Inc. (NYSE:MO) was sold by Dillard James E III on Friday, February 9. PiperJaffray has "Overweight" rating and $81 target. Vetr downgraded Altria Group from a "strong-buy" rating to a "buy" rating and set a $71.65 target price for the a research note on Monday, November 13th. (NYSE:MO). Philadelphia Tru holds 19,192 shares. The company had revenue of $4.71 billion during the quarter, compared to analyst estimates of $4.80 billion. The company was maintained on Thursday, February 1 by Piper Jaffray.

Investors of record on Thursday, March 15th will be paid a $0.70 dividend. Its up 0.04, from 0.89 in 2017Q2.

A number of institutional investors have recently added to or reduced their stakes in MO. 118 funds opened positions while 420 raised stakes. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Bridger Management Llc holds 3.76% of its portfolio in TG Therapeutics, Inc. for 5.30 million shares. Altria Group earned a coverage optimism score of 0.20 on Accern's scale.

A number of analysts have recently issued reports on MO shares. It also increased its holding in Finisar Corp (NASDAQ:FNSR) by 30,000 shares in the quarter, for a total of 50,000 shares, and has risen its stake in Viacom Inc New (NASDAQ:VIAB). Highstreet Asset holds 1,967 shares or 0.02% of its portfolio. Proshare Lc owns 250,575 shares. (NYSE:MO). Moreover, Profund Advsrs Lc has 0.13% invested in Altria Group, Inc. Koshinski Asset accumulated 4,172 shares. Quantum Capital Management LLC NJ acquired a new stake in Altria Group during the 3rd quarter worth approximately $114,000.

Altria Group (NYSE:MO) is expected to pay $0.70 on April 10, 2018. (NYSE:MO) for 5,686 shares. Checchi Advisers Limited Co holds 0.13% or 20,598 shares in its portfolio.

Want to see what other hedge funds are holding MO?

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 83% are positive. Google had 186 analyst reports since August 8, 2015 according to SRatingsIntel. (NYSE:MO) has "Buy" rating given on Monday, January 8 by Cowen & Co. As per Friday, June 16, the company rating was maintained by Jefferies. On Friday, November 6 the stock rating was upgraded by Sandler O'Neill to "Buy". The firm has "Neutral" rating by UBS given on Friday, October 27. The stock of Zoetis Inc. The rating was initiated by UBS on Friday, February 26 with "Neutral".

Related Articles

  • The Suntrust Banks Inc. Grows Position in Nike Inc (NKE)

    Nike Inc. had 223 analyst reports since July 29, 2015 according to SRatingsIntel. (NYSE:PX) on Friday, August 28 to "Sell" rating. The footwear maker reported $0.46 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.06.
    Video of Stillwater bail agent fatally shooting client released by DA's office

    Video of Stillwater bail agent fatally shooting client released by DA's office

    Carey's son, is left horrified, muttering in shock, "mum, you just shot him", before he turns the office camera off. Brandon Williams shot to death by bail bonds agent Chasity Carey at Signature Bail Bonds in Stillwater.

    Wayne Hummer Investments LLC Buys 575 Shares of McKesson Co. (MCK)

    It worsened, as 65 investors sold MCK shares while 296 reduced holdings. 116 funds opened positions while 640 raised stakes. It dived, as 25 investors sold SANM shares while 103 reduced holdings. 92 funds opened positions while 221 raised stakes.
  • TCW Group Inc. Trims Position in Freeport-McMoRan Inc (FCX)

    Maximum and minimum EPS estimate for the current quarter is projected at $0.72 and $0.37, respectively, according to 16 analysts. Sowell Financial Services LLC purchased a new stake in shares of Freeport-McMoRan during the fourth quarter valued at $196,000.

    Twenty-First Century Fox, Inc. (FOXA) - Active Stock Momentum

    This is something that Investors should look for in all the stocks they are trading and is an important indicator to keep tabs on. Its up 0.23, from 0.8 in 2017Q2. 592.53 million shares or 12.10% more from 528.56 million shares in 2017Q2 were reported.
    'American Idol' is officially back - can it overcome its rocky start?

    'American Idol' is officially back - can it overcome its rocky start?

    Julica writes a lot of her own music and you can find it by searching for her on Youtube. "I think of it as my kids". Her voice is fantastic. "But, at the end of the day, I see things that the other judges don't see", Perry said.
  • Analyst Activity - Stephens Initiates Coverage On Cutera (NASDAQ:CUTR) With a Overweight

    The company has a market capitalization of $701.06, a PE ratio of 66.58, a PEG ratio of 1.10 and a beta of 0.51. Today, Stephens initiated coverage on Cutera (NASDAQ:CUTR) with a Overweight with a price target of $60.00.
    NZD traders - heads up for NZ Q4 2017 GDP due at 2145GMT

    NZD traders - heads up for NZ Q4 2017 GDP due at 2145GMT

    Growth in the September quarter, previously reported at 0.9%, was revised up to show an increase of 1%. The kiwi dollar traded at 73.27 USA cents as at 8am in Wellington from 73.39 cents late yesterday.

    The Baytex Energy (BTE) Shares Gap Up to $2.84

    For shareholders, given the total diluted outstanding shares of 235.45 million, this means overall earnings per share of -0.04. BTE received interesting focus from Active Investors and it has been trading on front line as seeing to it recent volume.
  • Broly Bursts into Dragon Ball FighterZ with Full Gameplay Trailer

    He can also launch opponents into the air and blast them with green orbs for extra damage before they hit the ground. Broly is a character created for the Dragon Ball Z movie, Broly - the Legendary Super Saiyan.

    Gene breakthrough could lead to new breast cancer treatments

    Some of the regions of the genome, the study found, were physically interacting with genes more than 1m letters of DNA code away. In the remaining 30 areas, they were unable to find any specific genes.

    Analyst Price Target Watch on Shares of Frank's International NV (NYSE:FI)

    Tandem Investment Advisors Inc. increased its position in shares of National Retail Properties by 2.0% during the fourth quarter. Sterling Capital Mgmt Ltd Llc reported 0.02% in National Retail Properties, Inc . (NYSE:MRK) to report earnings on May, 1.