London Co Of Virginia Decreased Holding in Altria Group INC (MO) by $18.86 Million as Stock Value Declined

January 21, 2018 - By marketbeat

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. It fall, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. D E Shaw invested in 1.67 million shares or 0.16% of the stock. 50,486 are owned by Meag Munich Ergo Kapitalanlagegesellschaft Mbh. Cibc reported 319,779 shares. South State Corporation holds 0.24% or 34,213 shares in its portfolio. 14,858 were reported by Highland Capital Management Limited Company. Primecap Mngmt Ca invested in 174,824 shares. Naples Glob Ltd Liability Corporation reported 0.46% in Altria Group, Inc. (NYSE:MO). Comerica Bank stated it has 599,164 shares. 2.80 million were accumulated by State Board Of Administration Of Florida Retirement Sys. Synovus Financial reported 0.3% of its portfolio in Altria Group, Inc. (NYSE:MO). Hayek Kallen Mngmt holds 57,446 shares or 2.5% of its portfolio. Ssi Invest Mgmt reported 0.04% in Altria Group, Inc. (NYSE:MO). Sfmg Ltd invested 0.15% in Altria Group, Inc. (NYSE:MO). Deroy & Devereaux Private Investment Counsel owns 4,695 shares or 0.03% of their US portfolio. Flossbach Von Storch Ag accumulated 45,600 shares.

Since August 10, 2017, it had 0 buys, and 2 selling transactions for $2.95 million activity. Barrington Martin J. sold 15,300 shares worth $994,909.

London Co Of Virginia decreased its stake in Altria Group Inc (MO) by 3.15% based on its latest 2017Q3 regulatory filing with the SEC. London Co Of Virginia sold 299,309 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 9.21 million shares of the farming and seeds and milling company at the end of 2017Q3, valued at $584.41 million, down from 9.51M at the end of the previous reported quarter. London Co Of Virginia who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $135.71B market cap company. The stock increased 1.56% or $1.09 during the last trading session, reaching $71.12. About 8.71 million shares traded or 25.19% up from the average. Altria Group, Inc. (NYSE:MO) has risen 11.92% since January 21, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on February, 7. They expect $0.81 earnings per share, up 19.12 % or $0.13 from last year’s $0.68 per share. MO’s profit will be $1.55B for 21.95 P/E if the $0.81 EPS becomes a reality. After $0.90 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts -10.00 % negative EPS growth.

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Gurufocus.com which released: “Baker Boyer National Bank Buys Altria Group Inc, Alphabet Inc” on January 19, 2018, also Seekingalpha.com with their article: “Is This Smoke Stock Past Its Prime?” published on January 05, 2018, Seekingalpha.com published: “Altria: A 2018 Winner” on January 04, 2018. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Seekingalpha.com and their article: “Altria In 2018: Smoking Hot?” published on January 02, 2018 as well as Twst.com‘s news article titled: “Altria Group Inc.: Altria to Host Webcast of 2017 Fourth-Quarter and Full-Year …” with publication date: January 18, 2018.

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

Among 19 analysts covering Altria Group Inc. (NYSE:MO), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Altria Group Inc. had 56 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Altria Group, Inc. (NYSE:MO) has “Sell” rating given on Friday, May 26 by RBC Capital Markets. The stock of Altria Group, Inc. (NYSE:MO) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 3. Jefferies maintained the stock with “Hold” rating in Friday, November 17 report. The firm has “Buy” rating given on Monday, June 27 by Stifel Nicolaus. The stock has “Buy” rating by Wells Fargo on Thursday, January 4. Jefferies maintained the shares of MO in report on Monday, June 5 with “Hold” rating. The stock of Altria Group, Inc. (NYSE:MO) has “Outperform” rating given on Thursday, September 15 by CLSA. On Monday, July 31 the stock rating was maintained by UBS with “Neutral”. Jefferies maintained Altria Group, Inc. (NYSE:MO) rating on Tuesday, September 26. Jefferies has “Hold” rating and $67.0 target. Jefferies maintained Altria Group, Inc. (NYSE:MO) on Monday, July 17 with “Hold” rating.

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