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 company.in 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".

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