Altria Group Inc (MO) : Lvm Capital Management Ltdmi scooped up 650 additional shares in Altria Group Inc during the most recent quarter end , according to a recent disclosure to the SEC on Apr 4, 2016. The investment management firm now holds a total of 61,225 shares of Altria Group Inc which is valued at $3.9 Million.Altria Group Inc makes up approximately 1.23% of Lvm Capital Management Ltdmi’s portfolio.
Other Hedge Funds, Including , Pensionfund Dsm Netherlands reduced its stake in MO by selling 4,500 shares or 4.11% in the most recent quarter. The Hedge Fund company now holds 105,000 shares of MO which is valued at $6.6 Million. Altria Group Inc makes up approx 0.91% of Pensionfund Dsm Netherlands’s portfolio.Beacon Financial Group reduced its stake in MO by selling 5,360 shares or 3.83% in the most recent quarter. The Hedge Fund company now holds 134,569 shares of MO which is valued at $8.5 Million. Altria Group Inc makes up approx 1.83% of Beacon Financial Group’s portfolio.
On the company’s financial health, Altria Group Inc reported $0.67 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jan 28, 2016. Analyst had a consensus of $0.68. The company had revenue of $4729.00 million for the quarter, compared to analysts expectations of $4764.32 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.
Many Wall Street Analysts have commented on Altria Group Inc. Altria Group Inc was Downgraded by BofA/Merrill to ” Neutral” on Mar 24, 2016.
Altria Group Inc closed down -0.49 points or -0.77% at $63.31 with 59,28,950 shares getting traded on Monday. Post opening the session at $64.11, the shares hit an intraday low of $63.22 and an intraday high of $64.16 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Altria Group Inc. is a holding company. The Company’s reportable segments include smokeable products smokeless products and wine. As of December 31 2014 Altria Group Inc.’s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA) 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 large cigars and pipe tobacco and is a wholly owned subsidiary of PM USA and UST LLC (UST) which through its wholly owned subsidiaries including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.