As Altria Group INC (MO) Shares Declined, Holder Smith Chas P & Associates Pa Cpas Has Lowered Position

July 13, 2018 - By Mark Mitchell

Altria Group, Inc. (NYSE:MO) LogoInvestors sentiment decreased to 0.73 in 2018 Q1. Its down 0.20, from 0.93 in 2017Q4. It dived, as 88 investors sold MO shares while 562 reduced holdings. 100 funds opened positions while 372 raised stakes. 1.16 billion shares or 0.04% more from 1.16 billion shares in 2017Q4 were reported. Sandy Spring National Bank & Trust invested in 0.23% or 41,541 shares. Liberty Capital holds 4,051 shares. Northstar Group stated it has 8,121 shares. Daniel Devine & invested in 8,600 shares or 0.44% of the stock. Integral Derivatives Ltd Company reported 43,760 shares. New York State Teachers Retirement System reported 3.27M shares or 0.5% of all its holdings. Greystone Managed Invests holds 0.54% or 204,108 shares in its portfolio. 12,929 are owned by Plancorp Limited Company. State Bank Of The Ozarks holds 1.03% or 41,861 shares. Dearborn Prtn Ltd Liability Com owns 6,923 shares. Stephens Ar holds 0.86% of its portfolio in Altria Group, Inc. (NYSE:MO) for 370,785 shares. Coho Ptnrs Ltd has invested 2.11% of its portfolio in Altria Group, Inc. (NYSE:MO). Of Toledo Na Oh owns 4,488 shares. Moreover, Greenleaf Tru has 0.03% invested in Altria Group, Inc. (NYSE:MO) for 27,528 shares. Moreover, Natl Bank has 0.48% invested in Altria Group, Inc. (NYSE:MO) for 582,537 shares.

Since February 7, 2018, it had 1 insider buy, and 4 insider sales for $1.52 million activity. On Monday, April 30 Newman Mark bought $300,334 worth of Altria Group, Inc. (NYSE:MO) or 5,345 shares. The insider Dillard James E III sold 6,500 shares worth $410,313. On Wednesday, February 7 Johnson Craig A. sold $995,734 worth of Altria Group, Inc. (NYSE:MO) or 14,953 shares. 3,464 shares valued at $216,154 were sold by Quigley Brian W. on Friday, March 2.

Smith Chas P & Associates Pa Cpas decreased its stake in Altria Group Inc (MO) by 23.72% based on its latest 2018Q1 regulatory filing with the SEC. Smith Chas P & Associates Pa Cpas sold 49,227 shares as the company’s stock declined 14.98% with the market. The institutional investor held 158,332 shares of the farming and seeds and milling company at the end of 2018Q1, valued at $9.87M, down from 207,559 at the end of the previous reported quarter. Smith Chas P & Associates Pa Cpas who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $110.81 billion market cap company. The stock increased 0.83% or $0.48 during the last trading session, reaching $58.49. About 4.06 million shares traded. Altria Group, Inc. (NYSE:MO) has declined 24.97% since July 13, 2017 and is downtrending. It has underperformed by 37.54% the S&P500.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on July, 26. They expect $1.01 EPS, up 18.82 % or $0.16 from last year’s $0.85 per share. MO’s profit will be $1.91B for 14.48 P/E if the $1.01 EPS becomes a reality. After $0.95 actual EPS reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 6.32 % EPS growth.

Another recent and important Altria Group, Inc. (NYSE:MO) news was published by Seekingalpha.com which published an article titled: “Altria: Sentiment Remains Elevated” on July 09, 2018.

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

Among 7 analysts covering Altria Group (NYSE:MO), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Altria Group had 11 analyst reports since January 19, 2018 according to SRatingsIntel. The company was maintained on Monday, February 5 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Monday, April 30. The company was upgraded on Friday, January 19 by Jefferies. The firm has “Neutral” rating given on Wednesday, April 18 by Citigroup. As per Friday, February 2, the company rating was maintained by PiperJaffray. Piper Jaffray maintained the stock with “Buy” rating in Thursday, February 1 report. The stock of Altria Group, Inc. (NYSE:MO) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, June 26. Piper Jaffray maintained Altria Group, Inc. (NYSE:MO) rating on Monday, April 23. Piper Jaffray has “Buy” rating and $7500 target. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, April 18. The stock of Altria Group, Inc. (NYSE:MO) earned “Equal-Weight” rating by Morgan Stanley on Friday, April 27.

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

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