Thursday, February 14, 2019

Altria Group Inc (MO) Position Lessened by Aua Capital Management LLC

Aua Capital Management LLC lessened its holdings in Altria Group Inc (NYSE:MO) by 50.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,750 shares of the company’s stock after selling 4,750 shares during the period. Aua Capital Management LLC’s holdings in Altria Group were worth $235,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MO. Johnson Financial Group Inc. increased its stake in Altria Group by 3.7% in the third quarter. Johnson Financial Group Inc. now owns 127,333 shares of the company’s stock valued at $7,680,000 after acquiring an additional 4,572 shares during the last quarter. Regentatlantic Capital LLC increased its stake in Altria Group by 15.9% in the third quarter. Regentatlantic Capital LLC now owns 36,272 shares of the company’s stock valued at $2,188,000 after acquiring an additional 4,974 shares during the last quarter. Baugh & Associates LLC increased its stake in Altria Group by 0.6% in the fourth quarter. Baugh & Associates LLC now owns 58,985 shares of the company’s stock valued at $2,913,000 after acquiring an additional 360 shares during the last quarter. CX Institutional increased its stake in Altria Group by 45.9% in the fourth quarter. CX Institutional now owns 36,512 shares of the company’s stock valued at $1,803,000 after acquiring an additional 11,479 shares during the last quarter. Finally, Cooper Financial Group bought a new position in Altria Group in the fourth quarter valued at $265,000. Institutional investors own 65.70% of the company’s stock.

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A number of research firms recently commented on MO. Morgan Stanley cut Altria Group from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, January 22nd. ValuEngine raised Altria Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 23rd. Citigroup cut Altria Group from a “neutral” rating to a “sell” rating in a research note on Friday, December 21st. Deutsche Bank reduced their target price on Altria Group from $62.00 to $55.00 and set a “buy” rating on the stock in a research note on Friday, December 21st. Finally, Barclays assumed coverage on Altria Group in a research note on Friday, December 7th. They issued an “overweight” rating and a $64.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $65.86.

Shares of NYSE:MO opened at $49.00 on Thursday. Altria Group Inc has a 12-month low of $42.40 and a 12-month high of $66.53. The stock has a market cap of $93.31 billion, a PE ratio of 12.28, a P/E/G ratio of 1.46 and a beta of 0.36. The company has a current ratio of 0.20, a quick ratio of 0.09 and a debt-to-equity ratio of 0.80.

Altria Group (NYSE:MO) last announced its quarterly earnings data on Thursday, January 31st. The company reported $0.95 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.95. Altria Group had a return on equity of 49.05% and a net margin of 27.45%. The firm had revenue of $4.79 billion for the quarter, compared to analysts’ expectations of $4.81 billion. During the same period last year, the firm earned $0.91 earnings per share. As a group, analysts anticipate that Altria Group Inc will post 4.2 EPS for the current year.

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Altria Group Profile

Altria Group, Inc, through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands.

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Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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