萊特投資者服務公司增持奧馳亞集團股票(紐約證券交易所代碼：MO)

Wright Investors Service Inc. boosted its holdings in shares of Altria Group, Inc. (NYSE:MO – Get Rating) by 5.4% during the first quarter, HoldingsChannel.com reports. The firm owned 21,910 shares of the company's stock after purchasing an additional 1,120 shares during the period. Wright Investors Service Inc.'s holdings in Altria Group were worth $1,145,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Bromfield Sneider Wealth Advisors acquired a new position in shares of Altria Group during the first quarter valued at approximately $27,000. Reitz Capital Advisors LLC acquired a new stake in shares of Altria Group in the first quarter valued at approximately $31,000. Rinkey Investments acquired a new stake in shares of Altria Group in the fourth quarter valued at approximately $30,000. Masso Torrence Wealth Management Inc. acquired a new stake in shares of Altria Group in the fourth quarter valued at approximately $31,000. Finally, TAP Consulting LLC acquired a new stake in shares of Altria Group in the fourth quarter valued at approximately $32,000. Institutional investors own 59.05% of the company's stock.

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MO opened at $41.72 on Wednesday. Altria Group, Inc. has a 52 week low of $41.00 and a 52 week high of $57.05. The business has a fifty day simple moving average of $50.20 and a 200-day simple moving average of $50.88. The firm has a market cap of $75.54 billion, a P/E ratio of 25.44, a P/E/G ratio of 2.18 and a beta of 0.61.

Altria Group (NYSE:MO – Get Rating) last posted its quarterly earnings results on Thursday, April 28th. The company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.09 by $0.03. Altria Group had a negative return on equity of 2,506.92% and a net margin of 11.64%. The company had revenue of $4.82 billion for the quarter, compared to analysts' expectations of $4.88 billion. During the same period last year, the firm earned $1.07 earnings per share. Altria Group's quarterly revenue was down 1.2% on a year-over-year basis. Research analysts expect that Altria Group, Inc. will post 4.84 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, July 11th. Stockholders of record on Wednesday, June 15th will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date is Tuesday, June 14th. Altria Group's dividend payout ratio (DPR) is currently 219.51%.

Several research firms recently commented on MO. Cowen cut their price target on Altria Group from $56.00 to $45.00 and set a "market perform" rating for the company in a report on Monday, June 27th. Barclays cut Altria Group from an "equal weight" rating to an "underweight" rating and cut their target price for the stock from $53.00 to $36.00 in a research note on Wednesday, June 29th. Royal Bank of Canada cut Altria Group from an "outperform" rating to a "sector perform" rating and set a $53.00 target price for the company. in a research note on Monday, March 28th. The Goldman Sachs Group raised Altria Group from a "neutral" rating to a "buy" rating and raised their target price for the stock from $48.00 to $57.00 in a research note on Tuesday, March 22nd. Finally, Sanford C. Bernstein cut Altria Group from an "outperform" rating to a "market perform" rating and cut their target price for the stock from $58.00 to $53.00 in a research note on Tuesday, May 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $47.56.

Altria Group Company Profile (Get Rating)

Altria Group, Inc, through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches.

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