Kistler Tiffany Companies LLC Sells 5,381 Shares of Altria Group Inc (MO)

Kistler Tiffany Companies LLC cut its holdings in shares of Altria Group Inc (NYSE:MO) by 20.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,685 shares of the company’s stock after selling 5,381 shares during the quarter. Kistler Tiffany Companies LLC’s holdings in Altria Group were worth $1,022,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. LFA Lugano Financial Advisors SA acquired a new stake in shares of Altria Group during the 3rd quarter worth approximately $103,000. BDO Wealth Advisors LLC grew its stake in shares of Altria Group by 165.5% during the 2nd quarter. BDO Wealth Advisors LLC now owns 2,222 shares of the company’s stock worth $126,000 after purchasing an additional 1,385 shares during the period. Moneta Group Investment Advisors LLC grew its stake in shares of Altria Group by 96.9% during the 2nd quarter. Moneta Group Investment Advisors LLC now owns 5,211 shares of the company’s stock worth $138,000 after purchasing an additional 2,564 shares during the period. Polaris Greystone Financial Group LLC grew its stake in shares of Altria Group by 445.9% during the 3rd quarter. Polaris Greystone Financial Group LLC now owns 2,631 shares of the company’s stock worth $159,000 after purchasing an additional 2,149 shares during the period. Finally, Rational Advisors LLC grew its stake in shares of Altria Group by 627.9% during the 3rd quarter. Rational Advisors LLC now owns 2,715 shares of the company’s stock worth $164,000 after purchasing an additional 2,342 shares during the period. 64.38% of the stock is owned by institutional investors.

Altria Group stock traded down $0.64 during trading on Monday, reaching $48.26. The company had a trading volume of 228,252 shares, compared to its average volume of 11,103,090. Altria Group Inc has a 1-year low of $46.49 and a 1-year high of $71.86. The stock has a market capitalization of $93.31 billion, a P/E ratio of 14.24, a P/E/G ratio of 1.36 and a beta of 0.46. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.36 and a current ratio of 0.60.

Altria Group (NYSE:MO) last released its quarterly earnings results on Thursday, October 25th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $5.22 billion. Sell-side analysts predict that Altria Group Inc will post 3.98 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 10th. Investors of record on Wednesday, December 26th were paid a $0.80 dividend. The ex-dividend date of this dividend was Monday, December 24th. This represents a $3.20 dividend on an annualized basis and a yield of 6.63%. Altria Group’s dividend payout ratio is currently 94.67%.

A number of equities research analysts have recently commented on MO shares. Citigroup raised their price objective on shares of Altria Group from $59.00 to $67.00 and gave the stock a “hold” rating in a research note on Friday, September 21st. Zacks Investment Research raised shares of Altria Group from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Tuesday, September 25th. Sanford C. Bernstein assumed coverage on shares of Altria Group in a research note on Tuesday, October 16th. They issued a “market perform” rating on the stock. Piper Jaffray Companies set a $75.00 price target on shares of Altria Group and gave the company a “buy” rating in a research note on Tuesday, October 23rd. Finally, ValuEngine raised shares of Altria Group from a “sell” rating to a “hold” rating in a research note on Tuesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $66.37.

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Altria Group Profile

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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Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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