London Co Of Virginia Stake in Altria Group INC (MO) Decreased as Shares Declined

May 16, 2018 - By Nellie Rakes

Altria Group, Inc. (NYSE:MO) Corporate LogoBig Money Sentiment increased to 0.93 in 2017 Q4. It has change of 0.04, from 2017Q3’s 0.89. The ratio is positive due to MO positioning: 63 sold and 521 reduced. 134 funds took stakes and 410 increased stakes. Investors holded 1.17 billion in 2017Q3 but now own 1.16 billion shares or 1.13% less. Moreover, Homrich Berg has 0.47% invested in Altria Group, Inc. (NYSE:MO) for 95,945 shs. Epoch Inv Partners holds 4.71 million shs. Td Capital Mgmt Lc reported 101 shs. Gw Henssler & Assoc invested in 0.39% or 58,883 shs. First Allied Advisory Service holds 0.32% of its capital in Altria Group, Inc. (NYSE:MO) for 111,771 shs. Cortland Assocs Mo has 33,773 shs for 0.44% of their capital. Martin Currie Limited owns 15,012 shs. Boyar Asset Mngmt owns 4,920 shs. Mutual Of America Ltd invested in 0.26% or 235,434 shs. Parametric Portfolio Assocs Ltd Limited Liability Company holds 0.33% of its capital in Altria Group, Inc. (NYSE:MO) for 4.61M shs. Weatherly Asset Limited Partnership stated it has 0.1% of its capital in Altria Group, Inc. (NYSE:MO). Griffin Asset Management invested in 0.18% or 14,435 shs. Wetherby Asset Management Inc has invested 0.41% of its capital in Altria Group, Inc. (NYSE:MO). Gateway Advisory Ltd Llc stated it has 0.1% of its capital in Altria Group, Inc. (NYSE:MO). Keybank National Association Oh accumulated 381,061 shs or 0.16% of the stock.

MO had 4 insider sales and 1 insider purchase since February 7, 2018. This’s net activity of $1.52 million. Newman Mark also bought $300,334 worth of Altria Group, Inc. (NYSE:MO) on Monday, April 30. The insider Johnson Craig A. sold $995,734. On Friday, February 9 6,500 shs were sold by Dillard James E III, worth $410,313. $199,488 worth of stock was sold by SURGNER W HILDEBRANDT JR on Friday, March 2.

The stake In Altria Group Inc (MO) was reduced held by London Co Of Virginia. According to 2017Q4 SEC form the decrease is 6.8%. The company’s stock declined 15.83% with the market as London Co Of Virginia sold 626,862 shares. The farming and seeds and milling company at the end of 2017Q4 was valued at $613.27 million. It’s down from 9.21 million at the end of the previous reported quarter. Now it had 8.59M shares held by the institutional investor . $103.41 billion is Altria Group Inc’s MC. MO touched $54.58 during the last trading session after $0.06 change.Currently Altria Group, Inc. is downtrending after 17.05% change in last May 16, 2017. MO has 3.04M shares volume. MO underperformed the S&P 500 by 28.60%.

London Co Of Virginia manages about $13.80B US Long portfolio. Its stake in Vanguard Index Fds (VXF) was increased by 34,312 shares to 39,227 shares valued at $4.38M in 2017Q4, according to the filing. London Co Of Virginia has risen its stake in Tiffany & Co New (NYSE:TIF) and also increased its holding in Ishares Tr (IVV) by 68,376 shares in the quarter, for a total of 85,491 shares.

On July, 26 Altria Group, Inc. (NYSE:MO)’s earnings release is anticipated by WallStreet, as reported by RTT. Analysts predict $1.01 EPS. That’s $0.16 up or 18.82 % from 2017’s earnings of $0.85. MO’s profit could hit $1.91B with 13.51 P/E in case $1.01 EPS is reported. 6.32 % EPS growth is what Wall Street’s sees after $0.95 reported EPS last quarter.

A couple more Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released on May 15, 2018 “The Fall Of 2 Dividend Champions”, also Seekingalpha.com on April 23, 2018 published “Which Big Tobacco Name Do You Prefer?”, the next Fool.com is “Better Buy: Altria Group vs. Coca-Cola” on May 12, 2018. Benzinga.com has article titled “Altria’s Problems Baked Into Price, Now A Buy At RBC”.

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

Total analysts of 11 have positions in Altria Group (NYSE:MO) as follows: 9 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 82%. Since November 17, 2017 according to StockzIntelligence Inc Altria Group has 15 analyst reports. In Monday, April 23 report Piper Jaffray maintained it with “Buy” rating and $7500 target. In Friday, April 27 report Morgan Stanley maintained it with “Equal-Weight” rating and $65 target. On Monday, January 8 the firm has “Buy” rating by Cowen & Co given. On Wednesday, April 18 Citigroup downgraded Altria Group, Inc. (NYSE:MO) to “Neutral” rating. On Friday, November 17 the stock has “Hold” rating by Jefferies. On Friday, January 19 the stock of Altria Group, Inc. (NYSE:MO) earned “Buy” rating by Jefferies. On Monday, February 5 the stock of Altria Group, Inc. (NYSE:MO) has “Hold” rating given by RBC Capital Markets. On Monday, April 30 the stock of Altria Group, Inc. (NYSE:MO) has “Buy” rating given by RBC Capital Markets. On Tuesday, December 19 the company was upgraded by Berenberg. On Thursday, January 4 the rating was maintained by Wells Fargo with “Buy”.

Altria Group, Inc. (NYSE:MO) Analyst Ratings Chart

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