Winning Points Advisors LLC bought a new position in shares of Altria Group, Inc. (NYSE:MO – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,399 shares of the company’s stock, valued at approximately $484,000. Altria Group makes up 0.5% of Winning Points Advisors LLC’s holdings, making the stock its 29th largest position.
A number of other institutional investors have also recently modified their holdings of MO. Darwin Wealth Management LLC acquired a new stake in shares of Altria Group in the second quarter valued at about $27,000. Navalign LLC acquired a new position in Altria Group during the fourth quarter worth about $28,000. EMC Capital Management purchased a new position in Altria Group in the third quarter valued at about $33,000. Creative Capital Management Investments LLC acquired a new stake in shares of Altria Group during the 4th quarter valued at approximately $29,000. Finally, Hughes Financial Services LLC lifted its position in shares of Altria Group by 62.9% during the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after acquiring an additional 197 shares during the period. 57.41% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
MO has been the topic of a number of research reports. Bank of America upped their price target on Altria Group from $72.00 to $73.00 and gave the stock a “buy” rating in a report on Friday, April 10th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $77.00 price objective on shares of Altria Group in a report on Thursday, April 30th. Jefferies Financial Group upped their target price on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a report on Wednesday, May 27th. Barclays raised their price target on Altria Group from $63.00 to $64.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Finally, UBS Group lifted their price target on Altria Group from $74.00 to $76.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Altria Group presently has a consensus rating of “Hold” and an average price target of $70.44.
Insider Transactions at Altria Group
In other Altria Group news, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $72.25, for a total transaction of $418,327.50. Following the sale, the director directly owned 73,809 shares of the company’s stock, valued at $5,332,700.25. This trade represents a 7.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen R. Strahlman sold 2,000 shares of Altria Group stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the sale, the director owned 25,102 shares of the company’s stock, valued at approximately $1,821,401.12. This trade represents a 7.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.10% of the company’s stock.
Altria Group Price Performance
Shares of MO opened at $71.46 on Friday. Altria Group, Inc. has a 1-year low of $54.70 and a 1-year high of $74.56. The stock has a market cap of $119.33 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 2.74 and a beta of 0.46. The firm has a 50 day simple moving average of $69.27 and a 200-day simple moving average of $64.87.
Altria Group (NYSE:MO – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.07. The firm had revenue of $4.76 billion for the quarter, compared to analysts’ expectations of $4.58 billion. Altria Group had a negative return on equity of 298.69% and a net margin of 34.34%.Altria Group’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.23 EPS. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. On average, equities analysts expect that Altria Group, Inc. will post 5.68 earnings per share for the current fiscal year.
Altria Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be given a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Monday, June 15th. Altria Group’s dividend payout ratio (DPR) is currently 88.70%.
About Altria Group
Altria Group, Inc (NYSE: MO) is a U.S.-based consumer goods company whose principal business is the manufacture and sale of tobacco products. Headquartered in Richmond, Virginia, the company’s operations are focused primarily on the U.S. market and include the production, marketing and distribution of cigarettes, smokeless tobacco and cigars. Its flagship cigarette franchise in the United States is sold through its operating subsidiaries and is among the most recognizable cigarette brands in the country.
Altria’s principal operating businesses include Philip Morris USA (cigarettes), U.S.
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