Altria Group Inc (MO) EPS Estimated At $0.88

October 12, 2017 - By Marguerite Chambers

 Altria Group Inc (MO) EPS Estimated At $0.88
Investors sentiment increased to 0.91 in Q2 2017. Its up 0.01, from 0.9 in 2017Q1. It increased, as 63 investors sold Altria Group Inc shares while 529 reduced holdings. 97 funds opened positions while 444 raised stakes. 1.16 billion shares or 0.78% less from 1.17 billion shares in 2017Q1 were reported.
Institute For Wealth Ltd Llc invested in 0.52% or 25,469 shares. Mufg Americas Corp has invested 0.53% of its portfolio in Altria Group Inc (NYSE:MO). Joel Isaacson And Co Ltd Co reported 0.25% of its portfolio in Altria Group Inc (NYSE:MO). Stock Yards National Bank And has invested 0.57% of its portfolio in Altria Group Inc (NYSE:MO). Fukoku Mutual Life Insurance Co stated it has 2.24% of its portfolio in Altria Group Inc (NYSE:MO). Wall Street Access Asset Ltd Com holds 0.84% of its portfolio in Altria Group Inc (NYSE:MO) for 5,835 shares. Lord Abbett Com Limited Com holds 0.15% or 658,410 shares in its portfolio. Srb Corporation has invested 0.03% in Altria Group Inc (NYSE:MO). Private Advisor Gp Limited Liability reported 0.5% stake. Swiss Fincl Bank owns 0.73% invested in Altria Group Inc (NYSE:MO) for 8.22 million shares. New York-based Rothschild Asset has invested 0.01% in Altria Group Inc (NYSE:MO). Greylin Inv Mangement owns 5,357 shares. Kings Point Cap owns 2.38% invested in Altria Group Inc (NYSE:MO) for 137,524 shares. Benjamin F Edwards owns 19,547 shares. Employees Retirement Association Of Colorado holds 0.87% of its portfolio in Altria Group Inc (NYSE:MO) for 1.58M shares.

Since May 8, 2017, it had 0 insider purchases, and 2 selling transactions for $664,775 activity. 4,285 Altria Group Inc (NYSE:MO) shares with value of $303,050 were sold by DEVITRE DINYAR S.

Analysts await Altria Group Inc (NYSE:MO) to report earnings on October, 26. They expect $0.88 earnings per share, up 7.32 % or $0.06 from last year’s $0.82 per share. MO’s profit will be $1.69B for 18.43 P/E if the $0.88 EPS becomes a reality. After $0.85 actual earnings per share reported by Altria Group Inc for the previous quarter, Wall Street now forecasts 3.53 % EPS growth. About 6.90 million shares traded. Altria Group Inc (NYSE:MO) has risen 11.92% since October 13, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Altria Group Inc (NYSE:MO) Ratings Coverage

Among 18 analysts covering Altria Group Inc. (NYSE:MO), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Altria Group Inc. had 43 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, June 5 by Jefferies. Jefferies initiated it with “Hold” rating and $70 target in Wednesday, September 21 report. The rating was maintained by Wells Fargo on Monday, July 31 with “Buy”. The firm has “Buy” rating given on Wednesday, January 4 by Bank of America. The stock of Altria Group Inc (NYSE:MO) earned “Hold” rating by Cowen & Co on Friday, September 8. Cowen & Co downgraded it to “Market Perform” rating and $65 target in Friday, October 30 report. The stock of Altria Group Inc (NYSE:MO) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, November 3. The stock of Altria Group Inc (NYSE:MO) has “Outperform” rating given on Thursday, July 30 by Credit Agricole. RBC Capital Markets downgraded the shares of MO in report on Thursday, March 23 to “Underperform” rating. The rating was downgraded by Bank of America to “Neutral” on Thursday, March 24.

Altria Group, Inc. is a holding company. The company has market cap of $124.85 billion. The Company’s divisions include smokeable products, smokeless products and wine. It has a 8.62 P/E ratio. The Company’s subsidiaries include Philip Morris USA Inc. , which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S.

More notable recent Altria Group Inc (NYSE:MO) news were published by: Nasdaq.com which released: “Commit To Purchase Altria Group At $40, Earn 1.8% Using Options” on October 04, 2017, also Seekingalpha.com with their article: “Altria: What Makes It So Great?” published on September 25, 2017, Seekingalpha.com published: “A Major Catalyst For Altria” on September 26, 2017. More interesting news about Altria Group Inc (NYSE:MO) were released by: Seekingalpha.com and their article: “Altria and Philip Morris are both blue-chip dividend stocks with yields well …” published on October 12, 2017 as well as Seekingalpha.com‘s news article titled: “Retirement Tactics: Even MOre Income” with publication date: October 04, 2017.

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