Johnson Financial Group INC Has Decreased Its Altria Group INC (MO) Position as Shares Declined

December 8, 2017 - By Adrian Erickson

Investors sentiment increased to 0.91 in Q2 2017. Its up 0.01, from 0.9 in 2017Q1. It improved, as 63 investors sold MO 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. First Manhattan accumulated 803,013 shares or 0.51% of the stock. Advsrs Ltd Limited Liability has 0.13% invested in Altria Group, Inc. (NYSE:MO) for 4,773 shares. Clifford Swan Invest Counsel Limited Liability Corporation accumulated 128,455 shares. Cordasco Financial has 2.65% invested in Altria Group, Inc. (NYSE:MO). Diversified Com has 0.03% invested in Altria Group, Inc. (NYSE:MO) for 5,189 shares. Sky Ltd Llc invested in 23,386 shares or 0.74% of the stock. Moreover, Pitcairn has 0.23% invested in Altria Group, Inc. (NYSE:MO) for 25,653 shares. Madrona Fin Service has 0.29% invested in Altria Group, Inc. (NYSE:MO). Harvey Investment Ltd Limited Liability Company invested in 0.15% or 9,967 shares. Pinnacle Wealth Mngmt Advisory Gp Ltd Company has invested 0.91% in Altria Group, Inc. (NYSE:MO). Intrust Natl Bank Na reported 23,873 shares stake. 15,122 were accumulated by Raab & Moskowitz Asset Mgmt Limited Liability Corporation. Moreover, Barton Inv Mngmt has 0.13% invested in Altria Group, Inc. (NYSE:MO) for 6,740 shares. Westover Capital Ltd Co owns 35,597 shares. Guggenheim Capital Ltd Company has 0.25% invested in Altria Group, Inc. (NYSE:MO) for 1.26 million shares.

Johnson Financial Group Inc decreased its stake in Altria Group Inc (MO) by 34.36% based on its latest 2017Q2 regulatory filing with the SEC. Johnson Financial Group Inc sold 66,251 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 126,567 shares of the farming and seeds and milling company at the end of 2017Q2, valued at $9.43M, down from 192,818 at the end of the previous reported quarter. Johnson Financial Group Inc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $136.44B market cap company. The stock decreased 0.22% or $0.16 during the last trading session, reaching $71.5. About 6.04 million shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since December 8, 2016 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 22.07 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: Seekingalpha.com which released: “Altria Group: More Downside To Come” on November 14, 2017, also Seekingalpha.com with their article: “Altria: Rising Above The Clouds” published on November 27, 2017, Seekingalpha.com published: “Altria Performs Like Clockwork” on November 14, 2017. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Nasdaq.com and their article: “Altria Group Breaks Above 200-Day Moving Average – Bullish for MO” published on December 04, 2017 as well as Seekingalpha.com‘s news article titled: “Altria Group: Total Return And Dividend Growth Play, Buy The Dip” with publication date: November 29, 2017.

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

Among 19 analysts covering Altria Group Inc. (NYSE:MO), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Altria Group Inc. had 51 analyst reports since July 31, 2015 according to SRatingsIntel. Credit Agricole downgraded the shares of MO in report on Thursday, July 30 to “Outperform” rating. The stock has “Hold” rating by Cowen & Co on Friday, July 7. The stock of Altria Group, Inc. (NYSE:MO) has “Buy” rating given on Monday, June 27 by Stifel Nicolaus. As per Monday, July 31, the company rating was upgraded by RBC Capital Markets. On Friday, September 8 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Strong-Buy” rating by Vetr given on Wednesday, September 2. As per Tuesday, October 3, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating by CLSA given on Thursday, September 15. The firm earned “Sell” rating on Friday, May 26 by RBC Capital Markets. As per Thursday, October 26, the company rating was maintained by Cowen & Co.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.