JSF Financial LLC Has $200,000 Stock Position in Altria Group, Inc. (NYSE:MO)

JSF Financial LLC reduced its stake in Altria Group, Inc. (NYSE:MO) by 22.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,830 shares of the company’s stock after selling 1,114 shares during the period. JSF Financial LLC’s holdings in Altria Group were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MO. Financial Life Planners acquired a new stake in shares of Altria Group during the 4th quarter worth $25,000. True Wealth Design LLC raised its stake in Altria Group by 420.0% in the third quarter. True Wealth Design LLC now owns 572 shares of the company’s stock valued at $29,000 after purchasing an additional 462 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in Altria Group during the third quarter worth about $34,000. Peterson Financial Group Inc. bought a new position in Altria Group in the 3rd quarter valued at about $41,000. Finally, Fairman Group LLC lifted its holdings in shares of Altria Group by 85.1% during the 3rd quarter. Fairman Group LLC now owns 892 shares of the company’s stock worth $46,000 after acquiring an additional 410 shares during the period. Institutional investors and hedge funds own 57.41% of the company’s stock.

Altria Group Price Performance

Shares of MO stock opened at $53.84 on Tuesday. The stock has a market capitalization of $91.24 billion, a PE ratio of 8.22, a PEG ratio of 2.80 and a beta of 0.64. The business’s 50 day simple moving average is $53.09 and its 200 day simple moving average is $52.49. Altria Group, Inc. has a one year low of $39.25 and a one year high of $58.03.

Altria Group (NYSE:MO) last posted its quarterly earnings data on Thursday, January 30th. The company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.01. Altria Group had a net margin of 46.90% and a negative return on equity of 258.72%. As a group, research analysts expect that Altria Group, Inc. will post 5.32 earnings per share for the current year.

Altria Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Thursday, December 26th were issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date was Thursday, December 26th. Altria Group’s payout ratio is 62.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on MO shares. Deutsche Bank Aktiengesellschaft raised their target price on Altria Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Friday, November 1st. StockNews.com upgraded Altria Group from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. 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 report on Friday, November 1st. Barclays boosted their target price on shares of Altria Group from $45.00 to $46.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 6th. Finally, Morgan Stanley cut their price objective on Altria Group from $54.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday, January 31st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Altria Group presently has a consensus rating of “Hold” and an average price target of $53.29.

About Altria Group

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.