Hutner Daniel Ellsworth Lowers stake in Altria Group Inc (MO)

Altria Group Inc (MO) : Hutner Daniel Ellsworth reduced its stake in Altria Group Inc by 0.1% during the most recent quarter end. The investment management company now holds a total of 83,465 shares of Altria Group Inc which is valued at $5,051,302 after selling 80 shares in Altria Group Inc , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.Altria Group Inc makes up approximately 4.44% of Hutner Daniel Ellsworth’s portfolio.

Altria Group Inc opened for trading at $60.24 and hit $60.56 on the upside on Friday, eventually ending the session at $60.52, with a gain of 0.56% or 0.34 points. The heightened volatility saw the trading volume jump to 69,78,061 shares. Company has a market cap of $118,494 M.

Other Hedge Funds, Including , Ferguson Wellman Capital Management Inc boosted its stake in MO in the latest quarter, The investment management firm added 6,302 additional shares and now holds a total of 415,258 shares of Altria Group Inc which is valued at $25,131,414. Altria Group Inc makes up approx 1.04% of Ferguson Wellman Capital Management Inc’s portfolio.Joel Isaacson reduced its stake in MO by selling 10,000 shares or 34.29% in the most recent quarter. The Hedge Fund company now holds 19,161 shares of MO which is valued at $1,159,624. Altria Group Inc makes up approx 0.25% of Joel Isaacson’s portfolio.Oregon Public Employees Retirement Fund reduced its stake in MO by selling 1,711 shares or 0.37% in the most recent quarter. The Hedge Fund company now holds 456,113 shares of MO which is valued at $28,133,050. Altria Group Inc makes up approx 0.64% of Oregon Public Employees Retirement Fund’s portfolio.Breton Hill Capital Ltd. reduced its stake in MO by selling 11,122 shares or 9.88% in the most recent quarter. The Hedge Fund company now holds 101,488 shares of MO which is valued at $6,259,780. Altria Group Inc makes up approx 2.30% of Breton Hill Capital Ltd.’s portfolio.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 $3,398,038. Altria Group Inc makes up approx 0.49% of Stock Yards Bank Trust Co’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.

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