Investors bought shares of Altria Group Inc (NYSE:MO) on weakness during trading hours on Thursday. $187.37 million flowed into the stock on the tick-up and $162.15 million flowed out of the stock on the tick-down, for a money net flow of $25.22 million into the stock. Of all companies tracked, Altria Group had the 20th highest net in-flow for the day. Altria Group traded down ($1.82) for the day and closed at $57.28

Several brokerages have recently weighed in on MO. ValuEngine downgraded shares of Altria Group from a “hold” rating to a “sell” rating in a research report on Tuesday. Wells Fargo & Co restated an “outperform” rating on shares of Altria Group in a research report on Monday, November 12th. Argus boosted their price objective on shares of Altria Group from $70.00 to $71.00 and gave the stock a “buy” rating in a research report on Monday, October 29th. Piper Jaffray Companies set a $75.00 price objective on shares of Altria Group and gave the stock a “buy” rating in a research report on Tuesday, October 23rd. Finally, Sanford C. Bernstein began coverage on shares of Altria Group in a research report on Tuesday, October 23rd. They set a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $69.87.

The stock has a market cap of $111.05 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.68 and a beta of 0.40. The company has a current ratio of 0.60, a quick ratio of 0.36 and a debt-to-equity ratio of 0.77.

Altria Group (NYSE:MO) last released its quarterly earnings results on Thursday, October 25th. The company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.07 by $0.01. Altria Group had a net margin of 42.13% and a return on equity of 48.31%. The firm had revenue of $5.29 billion during the quarter, compared to the consensus estimate of $5.22 billion. As a group, analysts expect that Altria Group Inc will post 3.99 earnings per share for the current year.

In related news, Director Dinyar S. Devitre sold 3,165 shares of the company’s stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of $58.44, for a total value of $184,962.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.11% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. increased its stake in Altria Group by 1.8% in the 3rd quarter. BlackRock Inc. now owns 141,022,748 shares of the company’s stock valued at $8,505,083,000 after buying an additional 2,433,533 shares during the period. FMR LLC increased its stake in Altria Group by 10.3% in the 3rd quarter. FMR LLC now owns 41,106,747 shares of the company’s stock valued at $2,479,149,000 after buying an additional 3,842,889 shares during the period. Capital International Investors increased its stake in Altria Group by 698.6% in the 3rd quarter. Capital International Investors now owns 31,992,124 shares of the company’s stock valued at $1,929,445,000 after buying an additional 27,986,154 shares during the period. Bank of New York Mellon Corp increased its stake in Altria Group by 82,381.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 22,356,466 shares of the company’s stock valued at $1,348,318,000 after buying an additional 22,329,361 shares during the period. Finally, Janus Henderson Group PLC increased its stake in Altria Group by 2.6% in the 2nd quarter. Janus Henderson Group PLC now owns 18,492,919 shares of the company’s stock valued at $1,050,215,000 after buying an additional 460,964 shares during the period. 63.37% of the stock is currently owned by institutional investors.

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Altria Group Company Profile (NYSE:MO)

Altria Group, Inc, through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands.

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