Rhumbline Advisers increased its stake in Altria Group, Inc. (NYSE:MO) by 1.9% during the third quarter, bringing its total holdings to 2,702,117 shares valued at $178.5 million. Several other institutional investors also adjusted their positions in MO. Analysts have a mixed view on Altria, with a consensus “Hold” rating and an average price target of $63.67.
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Altria Group, Inc. $MO Shares Purchased by Rhumbline Advisers
Rhumbline Advisers increased its stake in Altria Group, Inc. (NYSE:MO) by 1.9% during the third quarter, bringing its total holdings to 2,702,117 shares valued at $178.5 million. Several other institutional investors also adjusted their positions in MO. Analysts have a mixed view on Altria, with a consensus “Hold” rating and an average price target of $63.67.