Traders sold shares of Altria Group (NYSE:MO) on strength during trading hours on Thursday. $60.15 million flowed into the stock on the tick-up and $103.90 million flowed out of the stock on the tick-down, for a money net flow of $43.75 million out of the stock. Of all equities tracked, Altria Group had the 0th highest net out-flow for the day. Altria Group traded up $0.36 for the day and closed at $67.11

Several analysts recently issued reports on MO shares. Vetr downgraded Altria Group from a “buy” rating to a “hold” rating and set a $65.23 target price on the stock. in a research note on Monday, April 4th. Zacks Investment Research raised Altria Group from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a research note on Monday, April 4th. Goldman Sachs Group Inc. reissued a “hold” rating and set a $63.00 target price on shares of Altria Group in a research note on Thursday, April 14th. Argus raised Altria Group from a “hold” rating to a “buy” rating and lifted their target price for the company from $62.93 to $68.00 in a research note on Monday, May 9th. Finally, Bank of America Corp. reissued a “neutral” rating and set a $66.00 target price on shares of Altria Group in a research note on Tuesday, May 17th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Altria Group has a consensus rating of “Buy” and an average price target of $68.52.

The company has a 50-day moving average price of $67.83 and a 200 day moving average price of $63.40. The company has a market capitalization of $132.29 billion and a PE ratio of 23.51.

Altria Group (NYSE:MO) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. During the same period in the previous year, the company posted $0.74 EPS. The business earned $6.52 billion during the quarter, compared to analyst estimates of $5.01 billion. The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. On average, equities analysts forecast that Altria Group will post $3.06 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 11th. Investors of record on Wednesday, June 15th were issued a $0.565 dividend. The ex-dividend date of this dividend was Monday, June 13th. This represents a $2.26 dividend on an annualized basis and a yield of 3.34%.

In related news, CEO Brian W. Quigley sold 3,000 shares of the company’s stock in a transaction dated Monday, May 9th. The stock was sold at an average price of $63.66, for a total value of $190,980.00. Following the completion of the transaction, the chief executive officer now owns 23,246 shares of the company’s stock, valued at approximately $1,479,840.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Nabil Y. Sakkab purchased 4,000 shares of Altria Group stock in a transaction that occurred on Friday, May 20th. The stock was acquired at an average cost of $63.20 per share, with a total value of $252,800.00. Following the acquisition, the director now directly owns 31,630 shares in the company, valued at approximately $1,999,016. The disclosure for this purchase can be found here.

A number of institutional investors have added to or reduced their stakes in MO. Marco Investment Management LLC boosted its position in Altria Group by 0.6% in the fourth quarter. Marco Investment Management LLC now owns 21,808 shares of the company’s stock worth $1,269,000 after buying an additional 125 shares during the last quarter. Jennison Associates boosted its position in Altria Group by 0.3% in the third quarter. Jennison Associates now owns 47,494 shares of the company’s stock worth $2,584,000 after buying an additional 129 shares during the last quarter. TCI Wealth Advisors Inc. boosted its position in Altria Group by 0.9% in the fourth quarter. TCI Wealth Advisors Inc. now owns 18,469 shares of the company’s stock worth $1,075,000 after buying an additional 156 shares during the last quarter. Legacy Capital Partners Inc. boosted its position in Altria Group by 0.6% in the fourth quarter. Legacy Capital Partners Inc. now owns 35,180 shares of the company’s stock worth $2,048,000 after buying an additional 200 shares during the last quarter. Finally, West Chester Capital Advisors Inc. boosted its position in Altria Group by 0.8% in the fourth quarter. West Chester Capital Advisors Inc. now owns 29,508 shares of the company’s stock worth $1,718,000 after buying an additional 232 shares during the last quarter.

Altria Group, Inc is a holding company. The Company’s subsidiaries include 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 UST LLC (UST), which through its subsidiaries, including U.S.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.