Shares of Altria Group (NYSE:MO) Sees Large Inflow of Net Money Flow

Altria Group (NYSE:MO) traded negative at $64.84. On an intraday basis, the price dropped -0.73 points or -1.11%. The composite uptick value was $135.82 million while the combined downtick value was $83.07. The net money flow was $52.75 million while the up/down ratio was not very comforting at 1.63. The shares on a weekly note has seen a change in share price of -0.7%.According to the trading data, the shares saw a block trade with $82.27 million in upticks and $29.6 million in downticks. The up/down ratio for the block was calculated to be 2.78. The net money flow for the block trade was 52.67.


Currently the company Insiders own 0.15% of Altria Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.88% . Institutional Investors own 63.27% of Altria Group shares. During last six month period, the net percent change held by insiders has seen a change of -8.88%. On the companys insider trading activities, Munoz George, director of Altria Group, Inc., unloaded 12,571 shares at an average price of $62.85 on May 20, 2016. The total amount of the transaction was worth $790,087, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Altria Group (NYSE:MO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.725 points or 1.11% at $64.84 with 7,761,099 shares getting traded. Post opening the session at $65.5, the shares hit an intraday low of $64.81 and an intraday high of $65.9 and the price was in this range throughout the day. The company has a market cap of $126,855 million and the number of outstanding shares have been calculated to be 1,956,424,800 shares. The 52-week high of Altria Group (NYSE:MO) is $66.19 and the 52-week low is $47.41.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Argus Research, upgrades their rating on the shares of Altria Group (NYSE:MO). Argus Research has a Buy rating on the shares. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on May 9, 2016.

Altria Group, Inc. is a holding company. The Companys 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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