Rating on Altria Group (NYSE:MO) is Set to Equal-Weight. Its Reiterates by Morgan Stanley with $63 Target.

June 27, 2018 - By Arnold Ferreira

Altria Group, Inc. (NYSE:MO) Corporate Logo

Big Money Sentiment decreased to 0.73 in Q1 2018. It has change of 0.20, from 2017Q4’s 0.93. The ratio worsened due to Altria Group, Inc. positioning: 88 sold and 562 reduced. 100 funds amassed holdings and 372 increased holdings. Investors holded 1.16 billion in 2017Q4 but now own 1.16 billion shares or 0.04% more.

Sunbelt Securities stated it has 11,070 shs or 0.63% of all its holdings. Manufacturers Life The reported 2.32M shs stake. West Chester Capital owns 23,226 shs or 1.64% of their US capital. Hsbc Public Limited Company owns 3.42 million shs. Ameriprise Fincl holds 0.49% or 17.36M shs. Hendley & Company invested in 28,025 shs or 0.92% of the stock. Harvey Invest Co Ltd Liability invested in 0.11% or 9,467 shs. Capital City Fl has invested 0.15% in Altria Group, Inc. (NYSE:MO). Hayek Kallen Invest Mgmt owns 55,411 shs or 2.39% of their US capital. Banced Corporation invested in 13,071 shs. Voya Inv Ltd Liability, Georgia-based fund reported 854,314 shs. Delta Asset Mgmt Ltd Tn, Tennessee-based fund reported 26,205 shs. Birmingham Capital Mngmt Co Al holds 0.94% of its capital in Altria Group, Inc. (NYSE:MO) for 36,313 shs. Moors Cabot invested in 70,737 shs. Fairfield Bush And reported 0.09% stake.

Altria Group, Inc. had 4 insider sales and 1 insider purchase since February 7, 2018. This’s net activity of $1.52 million. Johnson Craig A. had sold 14,953 shs worth $995,734. 3,464 shs were sold by Quigley Brian W., worth $216,154 on Friday, March 2. $300,334 worth of stock was bought by Newman Mark on Monday, April 30. SURGNER W HILDEBRANDT JR also sold $199,488 worth of Altria Group, Inc. (NYSE:MO) shs.

Reiterated Altria Group (NYSE:MO) Rating.

On 26 June an analyst report was made public on Altria Group (NYSE:MO) of its Equal-Weight Rating maintained by research professionals at Morgan Stanley. The market cap company was given $63 target price that suggests 12.20 % upside potential from the current stock price.

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

Total analysts of 10 have positions in Altria Group (NYSE:MO) as follows: 8 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 80%. Since January 4, 2018 according to StockzIntelligence Inc Altria Group has 14 analyst reports. The company rating was maintained by Stifel Nicolaus on Wednesday, January 10. On Monday, January 8 the rating was maintained by Cowen & Co with “Buy”. The stock rating was upgraded by RBC Capital Markets to “Buy” on Monday, April 30. The company rating was maintained by Piper Jaffray on Monday, April 23. On Tuesday, June 26 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Wednesday, April 18 Morgan Stanley maintained Altria Group, Inc. (NYSE:MO) with “Equal-Weight” rating. The company rating was maintained by Morgan Stanley on Friday, April 27. The stock rating was maintained by Wells Fargo with “Buy” on Thursday, January 4. On Monday, February 5 the company was maintained by RBC Capital Markets. The company rating was downgraded by Citigroup on Wednesday, April 18.

The stock increased 0.09% or $0.05 during the last trading session, touching $56.15.Altria Group, Inc. has volume of 1.64M shares. Since June 27, 2017 MO has declined 24.97% and is downtrending. MO underperformed the S&P500 by 37.54%.

Altria Group, Inc. (NYSE:MO)’s quarterly earnings will be revealed on July, 26., as reported by RTT. The earnings per share diference is $0.16 or 18.82 % up from last years number. Previous year: $0.85; Analysts forcast: $1.01. The profit will be $1.91B for MO if $1.01 earnings per share becomes true. Wall Street forecasts 6.32 % EPS growth as of July, 26.

Altria Group, Inc., through its subsidiaries, makes and sells cigarettes, smokeless products, and wine in the United States.The firm is valued at $106.37 billion. 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.10.03 is the P/E ratio. The firm also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste.

For more Altria Group, Inc. (NYSE:MO) news brought out recently go to: Fool.com, Seekingalpha.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “Are These 4 Fears About Altria Group Overblown?” brought out on June 24, 2018, “Smoking Hot Dividend Hike Coming From Altria” on June 22, 2018, “Altria – A $62 Discount Cash Flow Valuation” with a publish date: May 31, 2018, “Altria’s Best Hope for a Bounce” and the last “Shares Of Altria Are A Buy” with publication date: June 11, 2018.

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

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