Altria Group Inc (MO) : Hollencrest Securities reduced its stake in Altria Group Inc by 2.95% during the most recent quarter end. The investment management company now holds a total of 35,361 shares of Altria Group Inc which is valued at $2.2 Million after selling 1,074 shares in Altria Group Inc according to a report filed by the company on Apr 5, 2016 with the SEC.Altria Group Inc makes up approximately 0.39% of Hollencrest Securities’s portfolio.
Other Hedge Funds, Including , Stock Yards Bank Trust Co reduced its stake in MO by selling 3,911 shares or 6.79% in the most recent quarter. The Hedge Fund company now holds 53,673 shares of MO which is valued at $3.4 Million. Altria Group Inc makes up approx 0.49% of Stock Yards Bank Trust Co’s portfolio.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.Pensionfund Sabic reduced its stake in MO by selling 1,800 shares or 3.5% in the most recent quarter. The Hedge Fund company now holds 49,700 shares of MO which is valued at $3.1 Million. Altria Group Inc makes up approx 0.96% of Pensionfund Sabic’s portfolio.Lvm Capital Management Ltdmi boosted its stake in MO in the latest quarter, The investment management firm added 650 additional shares and now holds a total of 61,225 shares of Altria Group Inc which is valued at $3.9 Million. Altria Group Inc makes up approx 1.23% of Lvm Capital Management Ltdmi’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.