Compass Capital Corp MA ADV Invests $203,000 in Altria Group, Inc. (NYSE:MO)

Compass Capital Corp MA ADV acquired a new position in Altria Group, Inc. (NYSE:MO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,879 shares of the company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MO. State Street Corp raised its holdings in Altria Group by 5.6% during the 3rd quarter. State Street Corp now owns 73,481,686 shares of the company’s stock worth $3,821,831,000 after purchasing an additional 3,910,738 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Altria Group by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 57,508,314 shares of the company’s stock worth $2,935,224,000 after buying an additional 589,832 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Altria Group by 2.5% in the third quarter. Geode Capital Management LLC now owns 40,803,759 shares of the company’s stock valued at $2,079,919,000 after buying an additional 1,003,605 shares during the period. National Pension Service boosted its position in Altria Group by 19.9% during the third quarter. National Pension Service now owns 4,034,414 shares of the company’s stock valued at $205,916,000 after acquiring an additional 670,858 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in Altria Group by 1.2% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,414,856 shares of the company’s stock worth $178,563,000 after acquiring an additional 39,341 shares during the period. 57.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on MO. StockNews.com upgraded Altria Group from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft increased their price target on Altria Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Barclays lifted their price objective on shares of Altria Group from $45.00 to $46.00 and gave the company an “underweight” rating in a research note on Wednesday, November 6th. Stifel Nicolaus increased their target price on shares of Altria Group from $54.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Morgan Stanley decreased their price target on shares of Altria Group from $54.00 to $53.00 and set an “equal weight” rating for the company in a research note on Friday, January 31st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Altria Group presently has a consensus rating of “Hold” and a consensus price target of $53.29.

Altria Group Trading Up 1.2 %

Shares of MO stock opened at $55.01 on Friday. The firm has a fifty day simple moving average of $52.61 and a two-hundred day simple moving average of $52.70. Altria Group, Inc. has a 12 month low of $39.25 and a 12 month high of $58.03. The firm has a market capitalization of $93.22 billion, a PE ratio of 8.40, a price-to-earnings-growth ratio of 2.84 and a beta of 0.64.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, January 30th. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.01. Altria Group had a net margin of 46.90% and a negative return on equity of 258.72%. On average, equities analysts predict that Altria Group, Inc. will post 5.32 earnings per share for the current fiscal year.

Altria Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Thursday, December 26th were issued a $1.02 dividend. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 7.42%. Altria Group’s dividend payout ratio is presently 62.29%.

Altria Group Company Profile

Altria Group, Inc, through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.