Analysts See $0.87 EPS for Altria Group Inc (MO)

July 18, 2017 - By Michael Collier

 Analysts See $0.87 EPS for Altria Group Inc (MO)
Investors sentiment increased to 0.99 in Q4 2016. Its up 0.12, from 0.87 in 2016Q3. It increased, as 54 investors sold Altria Group Inc shares while 525 reduced holdings. 135 funds opened positions while 440 raised stakes. 1.16 billion shares or 1.98% more from 1.14 billion shares in 2016Q3 were reported.
124,085 were accumulated by Taurus Asset Mngmt Llc. Hirtle Callaghan Co Ltd Liability Corporation accumulated 65 shares. 3,642 were accumulated by Oxbow Advsrs Limited Liability Company. Bridges Investment Mngmt, Nebraska-based fund reported 112,787 shares. Advisors Asset Mgmt owns 0.58% invested in Altria Group Inc (NYSE:MO) for 519,236 shares. Solaris Asset Mgmt Lc owns 883 shares or 0.04% of their US portfolio. Guardian Life Ins Com Of America holds 0.07% or 7,473 shares in its portfolio. Beacon Trust Co has invested 0.06% in Altria Group Inc (NYSE:MO). Raymond James And Associates holds 0.7% or 4.03M shares. Cwm Limited has 84,573 shares for 0.35% of their portfolio. Wells Fargo And Mn, California-based fund reported 15.44 million shares. Private Tru Company Na invested 1.49% in Altria Group Inc (NYSE:MO). Vaughan David Invests Il holds 0.03% in Altria Group Inc (NYSE:MO) or 8,699 shares. Reaves W H And stated it has 18,550 shares or 0.05% of all its holdings. Cypress Capital stated it has 2.02% of its portfolio in Altria Group Inc (NYSE:MO).

Since May 8, 2017, it had 0 buys, and 2 sales for $664,775 activity. The insider DEVITRE DINYAR S sold 4,285 shares worth $303,050. Shares for $361,725 were sold by MUNOZ GEORGE on Tuesday, May 23.

Investors wait Altria Group Inc (NYSE:MO) to report on July, 26. its quarterly earnings Wall Street analysts expect $0.87 EPS, up $0.06 or 7.41 % from last year’s $0.81 same quarter earnings. This translates into $1.69 billion profit for MO giving the stock a 21.08 P/E. This is assuming the current $0.87 EPS is accurate. Altria Group Inc’s Wall Street analysts see 19.18 % EPS growth, taking into account the $0.73 EPS reproted in the previous quarter, The stock decreased 0.76% or $0.56 during the last trading session, reaching $73.37. It is down 11.92% since July 18, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Altria Group Inc (NYSE:MO) Ratings Coverage

Among 16 analysts covering Altria Group Inc. (NYSE:MO), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. Altria Group Inc. had 27 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America on Thursday, March 24 to “Neutral”. Stifel Nicolaus maintained the shares of MO in report on Monday, June 27 with “Buy” rating. As per Tuesday, November 3, the company rating was downgraded by RBC Capital Markets. The stock has “Sell” rating by RBC Capital Markets on Friday, May 26. On Friday, June 30 the stock rating was maintained by RBC Capital Markets with “Sell”. The rating was downgraded by Berenberg to “Hold” on Friday, February 3. The firm earned “Neutral” rating on Friday, February 26 by UBS. The firm earned “Buy” rating on Tuesday, June 14 by Berenberg. Cowen & Co downgraded Altria Group Inc (NYSE:MO) on Friday, October 30 to “Market Perform” rating. The firm earned “Buy” rating on Monday, May 9 by Argus Research.

Altria Group, Inc. is a holding company. The company has market cap of $142.59 billion. The Company’s divisions include smokeable products, smokeless products and wine. It has a 9.92 P/E ratio. The Company’s subsidiaries include Philip Morris USA Inc. , which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S.

More notable recent Altria Group Inc (NYSE:MO) news were published by: Fool.com which released: “Better Buy: Altria Group Inc. vs. Coca-Cola” on July 05, 2017, also Seekingalpha.com with their article: “Altria: One Less Thing To Fear” published on June 20, 2017, Seekingalpha.com published: “Altria: Perfectly Positioning Itself” on July 10, 2017. More interesting news about Altria Group Inc (NYSE:MO) were released by: Nasdaq.com and their article: “Pioneer Trust Bank NA Buys Altria Group Inc, Automatic Data Processing Inc …” published on July 08, 2017 as well as Seekingalpha.com‘s news article titled: “Altria Group: How Long It Survives With Price Increases” with publication date: June 20, 2017.

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