Saratoga Research & Investment Management Continues to Hold Stake in Altria Group (MO)

Altria Group, Inc. (NYSE:MO) has declined 17.05% since April 14, 2017 and is downtrending. It has outperformed by 27.91% the S&P500.

Alpha Cubed Investments Llc decreased Altria Group Inc (MO) stake by 27.38% reported in 2017Q4 SEC filing. The fund owned 88,720 shares of the company's stock after purchasing an additional 15,607 shares during the period. The institutional investor held 42,048 shares of the farming and seeds and milling company at the end of 2017Q4, valued at $3.00M, up from 30,795 at the end of the previous reported quarter. American Beacon Advisors Inc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $121.53 billion market cap company.

NYSE MO traded up $0.55 during trading hours on Friday, hitting $63.95. The firm owned 4,064,084 shares of the company's stock after buying an additional 110,860 shares during the period. Goldcorp Inc. (NYSE:GG) has declined 14.21% since April 14, 2017 and is downtrending. The stock underperformed the S&P 500 by 28.60%.

Since February 7, 2018, it had 0 insider buys, and 4 sales for $1.82 million activity.

In other Altria Group news, VP W Hildebrandt Surgner, Jr. sold 3,200 shares of the stock in a transaction dated Friday, March 2nd.

Investors sentiment increased to 0.93 in Q4 2017. It has change of 0.04, from 2017Q3's 0.89. (NASDAQ:PEP) for 25,949 shares. The company reported $0.91 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.11. Shareholders of record on Thursday, March 15th were issued a dividend of $0.70 per share. After $0.15 actual earnings per share reported by salesforce.com, inc. for the previous quarter, Wall Street now forecasts 13.33% EPS growth. Veritable Limited Partnership holds 9,306 shares. Mitsubishi Ufj Trust Banking reported 4.34 million shares. Cobblestone Cap Advisors Limited Liability Corp New York holds 2,965 shares or 0.03% of its portfolio. Lombard Odier Asset Mngmt (Switzerland) owns 6,619 shs. (NYSE:GGG). Swiss Commercial Bank has invested 0.01% in Graco Inc. Ngam Advisors LP owns 34,346 shares. Sarasin And Prns Ltd Liability Partnership invested in 951,106 shares.

Clough Capital Partners L P, which manages about $5.01B and $1.20 billion US Long portfolio, upped its stake in Wells Fargo Advantage Multi (ERC) by 36,000 shares to 72,445 shares, valued at $946,000 in 2017Q4, according to the filing. The company rating was upgraded by Edward Jones on Wednesday, November 1. Therefore 52% are positive.

Analysts await salesforce.com, inc. The company was maintained on Wednesday, January 31 by B. Riley & Co. (NYSE:MO) for 63,988 shares. Stifel Nicolaus maintained the shares of GE in report on Monday, October 19 with "Buy" rating. The company rating was maintained by Cowen & Co on Monday, January 8. The rating was maintained by Seaport Global on Monday, January 22 with "Hold". The rating was maintained by Oppenheimer on Tuesday, August 8 with "Hold".

Investors sentiment decreased to 0.5 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It fall, as 67 investors sold T shares while 714 reduced holdings. 91 funds opened positions while 261 raised stakes. Dimensional Fund Advisors LP's holdings in Altria Group were worth $274,822,000 as of its most recent SEC filing.

A number of analysts have recently weighed in on MO shares. Blue Edge Capital Ltd Liability owns 17,169 shares. Janus Henderson Group PLC boosted its holdings in shares of Altria Group by 21,647.0% during the 2nd quarter. (NYSE:MO). Atlantic Grp Ltd Company, a Georgia-based fund reported 211,609 shs. South Texas Money Management Limited stated it has 0.02% of its portfolio in Altria Group, Inc. (NYSE:ECL) for 45,782 shares. Arrow Fincl Corp owns 9,481 shares. Beese Fulmer Investment Mngmt Incorporated has 0.42% invested in Altria Group, Inc. (NYSE:MO). First Hawaiian National Bank holds 4,510 shares or 0.04% of its portfolio. Moreover, Zacks has 1.11% invested in Altria Group, Inc. Massachusetts-based Boston Private Wealth Llc has invested 0.5% in Ecolab Inc. Sterling Strategies Limited has invested 2.37% in AT&T Inc. (NYSE:MO) for 68,864 shares. Catawba Capital Mgmt Va holds 0.15% or 9,074 shs. Altria Group's dividend payout ratio (DPR) is presently 82.84%. The firm's quarterly revenue was down.4% compared to the same quarter last year. analysts expect that Altria Group Inc will post 4.01 earnings per share for the current year.

MO has been the topic of several research reports. During the same period in the previous year, the company posted $0.68 earnings per share. The company has a market capitalization of $147.64 billion, a PE ratio of 10.45 and a beta of 0.61. After $0.91 actual EPS reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 3.30% EPS growth. Altria Group Inc. had 60 analyst reports since July 31, 2015 according to SRatingsIntel.

Total analysts of 12 have positions in Altria Group (NYSE:MO) as follows: 10 rated it a "Buy", 0 with "Sell" and 2 with "Hold". Therefore 80% are positive. The firm has "Hold" rating given on Monday, February 5 by RBC Capital Markets. The stock of Altria Group, Inc. The rating was reinitiated by Morgan Stanley on Tuesday, November 29 with "Equal-Weight". The firm earned "Buy" rating on Thursday, July 27 by Piper Jaffray. The rating was maintained by Mizuho on Thursday, March 1 with "Buy". The rating was maintained by Citigroup with "Buy" on Monday, October 30. Bernstein upgraded General Electric Company (NYSE:GE) on Friday, December 16 to "Outperform" rating.

Dubuque Bank & Trust Company, which manages about $660.44 million US Long portfolio, upped its stake in Home Depot Inc/The (NYSE:HD) by 6,884 shares to 30,599 shares, valued at $5.80M in 2017Q4, according to the filing. It also increased its holding in Qualcomm Inc (NASDAQ:QCOM) by 6,684 shares in the quarter, for a total of 59,813 shares, and has risen its stake in United Rentals Inc (NYSE:URI).

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