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Is Altria Group, Inc. (NYSE:MO) a Long Term Growth Play?

21 March 2018

Silchester International Investors Llp sold 929,402 shares as the company's stock rose 11.01% with the market. Altria Group Inc. now has $116.48 billion valuation.

DDR Corp., (NYSE: DDR), showed a change of -1.15% and closed at $6.87 in the last trading session. About 2.88M shares traded. Altria Group Inc (NYSE: MO) is a stock with 1.92B shares outstanding. It has underperformed by 4.78% the S&P500.The move comes after 6 months negative chart setup for the $114.88 billion company. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Cypress Funds Llc owns 162,000 shares or 6.84% of their USA portfolio. Eqis Capital Management Inc who had been investing in Apple Inc Com for a number of months, seems to be less bullish one the $882.27B market cap company. Insiders have sold 28,117 shares of company stock valued at $1,821,707 over the last three months. About 25,317 shares traded. (NYSE:JPM) has risen 33.74% since March 21, 2017 and is uptrending. It has outperformed by 7.67% the S&P500.

Since September 21, 2017, it had 0 insider buys, and 4 selling transactions for $1.82 million activity. On Friday, March 2 Quigley Brian W. sold $216,154 worth of Altria Group, Inc. Shares for $199,488 were sold by SURGNER W HILDEBRANDT JR. DEVITRE DINYAR S sold 32,000 shares worth $1.96 million. (NYSE:MO) news were published by: Seekingalpha.com which released: "Will Philip Morris Acquire Altria?" on March 07, 2018, also Reuters.com with their article: "Altria could grow earnings at double-digit pace through 2020: Barron's" published on March 11, 2018, Seekingalpha.com published: "Altria: High Dividends, Strong Dividend Growth" on March 06, 2018.

More notable recent Altria Group, Inc. The institutional investor held 290,411 shares of the major banks company at the end of 2017Q3, valued at $27.74M, up from 262,212 at the end of the previous reported quarter. During the same period previous year, the business posted $0.68 earnings per share. The company reported $0.91 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.11.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 34 have Buy rating, 1 Sell and 18 Hold. Therefore 79% are positive. Apple Inc. had 385 analyst reports since July 21, 2015 according to SRatingsIntel. Zacks Investment Research raised Altria Group from a "hold" rating to a "buy" rating and set a $78.00 target price for the company in a research note on Tuesday, February 6th. The firm earned "Buy" rating on Wednesday, August 2 by Maxim Group. The rating was maintained by Jefferies with "Hold" on Tuesday, September 26. More interesting news about Altria Group, Inc.

Price-earnings ratio, also known as P/E ratio, is a tool that is used by shareholders to help decide whether they should buy a stock. As per Monday, January 8, the company rating was maintained by Cowen & Co. On Monday, July 31 the stock rating was maintained by UBS with "Neutral".

WARNING: "Argus Reaffirms "Buy" Rating for Altria Group (NYSE:MO)" was originally posted by StockNewsTimes and is owned by of StockNewsTimes. The firm has a market cap of $120,089.37, a P/E ratio of 11.56, a PEG ratio of 1.83 and a beta of 0.63. Twin Cap Management has 170,030 shares. Its down 0.02, from 0.91 in 2017Q2. It fall, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. YorkBridge Wealth Partners LLC boosted its stake in Altria Group by 0.6% during the second quarter. Ally Finance holds 0.48% or 40,000 shares in its portfolio. Birmingham Capital Mgmt Al stated it has 0.9% in Altria Group, Inc. Koshinski Asset Mngmt Incorporated has 0.09% invested in Altria Group, Inc. Beese Fulmer Invest Inc accumulated 1.25% or 57,594 shares. Orca Invest Limited Liability Corporation reported 1.12% of its portfolio in Altria Group, Inc. MO's total short interest was 14.84 million shares in March as published by FINRA. Osborne Ptnrs Mngmt has invested 0.57% in Altria Group, Inc. Moreover, Banque Pictet And Cie Sa has 0.03% invested in Altria Group, Inc.

Among 29 analysts covering YUM! Therefore 38% are positive. YUM! Brown Brothers Harriman And reported 0.75% of its portfolio in Altria Group, Inc. As per Wednesday, October 14, the company rating was initiated by Barclays Capital. The stock has "Hold" rating by RBC Capital Markets on Monday, February 5. On Thursday, March 24 the stock rating was downgraded by Bank of America to "Neutral". The firm has "Outperform" rating by Oppenheimer given on Friday, November 13.

Since January 1, 0001, it had 1 buy, and 1 insider sale for $8.49 million activity.

Investors sentiment increased to 0.7 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. Its up 17.74% from 12.60 million shares, reported previously. Mutual Of America Limited Co invested in 230,688 shares or 0.24% of the stock. Security Natl Trust stated it has 0.27% in YUM! (NYSE:JPM). Hsbc Pcl has 7.33 million shares. State Of Tennessee Treasury Department invested in 0.08% or 225,018 shares. Brands, Inc. (NYSE:YUM) or 21,690 shares. Fdx Advsr Inc holds 0.01% of its portfolio in YUM! (NYSE:MO) for 241,097 shares. Since the starting of the calendar year, the stock's performance is recorded at -13.85%. Brands, Inc. (NYSE:YUM) or 44,425 shares. First Financial In reported 16,315 shares or 0.68% of all its holdings. The Nevada-based Navellier And Associates has invested 0.2% in JPMorgan Chase & Co. When we compare its current volume with average for the same time of day, a Relative Volume (usually displayed as ratio) of 0.80 is obtained.

Commerzbank Aktiengesellschaft, which manages about $7.59 billion US Long portfolio, decreased its stake in Ishares Tr (Put) by 17,000 shares to 15,650 shares, valued at $693,000 in 2017Q3, according to the filing. It fall, as 65 investors sold JPM shares while 767 reduced holdings.

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Is Altria Group, Inc. (NYSE:MO) a Long Term Growth Play?