Altria Group Inc (MO) : Advisory Services Network scooped up 15,094 additional shares in Altria Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 43,370 shares of Altria Group Inc which is valued at $2,624,752.Altria Group Inc makes up approximately 0.71% of Advisory Services Network’s portfolio.
Altria Group Inc opened for trading at $61.44 and hit $61.98 on the upside on Wednesday, eventually ending the session at $61.55, with a gain of 0.33% or 0.2 points. The heightened volatility saw the trading volume jump to 61,89,360 shares. Company has a market cap of $120,511 M.
Other Hedge Funds, Including , Old Second National Bank Of Aurora boosted its stake in MO in the latest quarter, The investment management firm added 110 additional shares and now holds a total of 53,025 shares of Altria Group Inc which is valued at $3,209,073. Altria Group Inc makes up approx 1.51% of Old Second National Bank Of Aurora’s portfolio.Wendell David Associates Inc reduced its stake in MO by selling 33 shares or 0.45% in the most recent quarter. The Hedge Fund company now holds 7,300 shares of MO which is valued at $441,796. Altria Group Inc makes up approx 0.09% of Wendell David Associates Inc’s portfolio.Cue Financial Group reduced its stake in MO by selling 1,459 shares or 8.24% in the most recent quarter. The Hedge Fund company now holds 16,251 shares of MO which is valued at $1,002,362. Altria Group Inc makes up approx 0.86% of Cue Financial Group’s portfolio.Country Club Trust Company N.a. boosted its stake in MO in the latest quarter, The investment management firm added 709 additional shares and now holds a total of 4,678 shares of Altria Group Inc which is valued at $288,539. Altria Group Inc makes up approx 0.04% of Country Club Trust Company N.a.’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. 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.