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Pinnacle Advisory Group Has Lowered Altria Group (MO) Position by $621,037 as Valuation Declined; Analog Devices (ADI) Shareholder Alecta Pensionsforsakring Omsesidigt Increased Its Position by $80.10 Million

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Pinnacle Advisory Group Inc decreased its stake in Altria Group Inc (MO) by 18.99% based on its latest 2017Q4 regulatory filing with the SEC. Pinnacle Advisory Group Inc sold 8,747 shares as the company’s stock declined 15.83% with the market. The institutional investor held 37,314 shares of the farming and seeds and milling company at the end of 2017Q4, valued at $2.67 million, down from 46,061 at the end of the previous reported quarter. Pinnacle Advisory Group Inc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $104.86 billion market cap company. The stock decreased 2.16% or $1.22 during the last trading session, reaching $55.35. About 10.88 million shares traded or 25.13% up from the average. Altria Group, Inc. (NYSE:MO) has declined 17.05% since April 24, 2017 and is downtrending. It has underperformed by 28.60% the S&P500.

Alecta Pensionsforsakring Omsesidigt increased its stake in Analog Devices (ADI) by 80.39% based on its latest 2017Q4 regulatory filing with the SEC. Alecta Pensionsforsakring Omsesidigt bought 900,000 shares as the company’s stock rose 2.48% while stock markets declined. The institutional investor held 2.02 million shares of the technology company at the end of 2017Q4, valued at $179.86 million, up from 1.12 million at the end of the previous reported quarter. Alecta Pensionsforsakring Omsesidigt who had been investing in Analog Devices for a number of months, seems to be bullish on the $32.59 billion market cap company. The stock increased 0.14% or $0.12 during the last trading session, reaching $88.12. About 1.73 million shares traded. Analog Devices, Inc. (NASDAQ:ADI) has risen 11.86% since April 24, 2017 and is uptrending. It has outperformed by 0.31% the S&P500.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on April, 26 before the open. They expect $0.94 earnings per share, up 28.77% or $0.21 from last year’s $0.73 per share. MO’s profit will be $1.78B for 14.72 P/E if the $0.94 EPS becomes a reality. After $0.91 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 3.30% EPS growth.

Pinnacle Advisory Group Inc, which manages about $1.22 billion and $1.72 billion US Long portfolio, upped its stake in Schwab Strategic Tr (SCHF) by 11,242 shares to 156,421 shares, valued at $5.33M in 2017Q4, according to the filing. It also increased its holding in Dbx Etf Tr (DBJP) by 552,796 shares in the quarter, for a total of 2.48M shares, and has risen its stake in Ishares Tr (TLT).

Investors sentiment increased to 0.93 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It increased, as 63 investors sold MO shares while 521 reduced holdings. 134 funds opened positions while 410 raised stakes. 1.16 billion shares or 1.13% less from 1.17 billion shares in 2017Q3 were reported. Inverness Counsel Limited Liability Corporation holds 7,015 shares. Visionary Asset Mngmt invested in 0.77% or 38,978 shares. Northcoast Asset Mgmt Ltd Liability has invested 0.17% in Altria Group, Inc. (NYSE:MO). Pensionfund Dsm Netherlands accumulated 87,000 shares or 0.88% of the stock. Wellington Shields Capital Ltd Llc, New York-based fund reported 3,066 shares. Klingenstein Fields & Llc has invested 0.17% of its portfolio in Altria Group, Inc. (NYSE:MO). Intact Invest holds 212,100 shares. Clark Cap Gru Inc, a Pennsylvania-based fund reported 10,644 shares. Walleye Trading Lc holds 40,389 shares or 0.01% of its portfolio. Moreover, Cue Financial Grp Inc Inc has 0.75% invested in Altria Group, Inc. (NYSE:MO). Country Tru Comml Bank, Illinois-based fund reported 275 shares. Atlantic Trust Gp Limited Liability Corporation has invested 0.06% of its portfolio in Altria Group, Inc. (NYSE:MO). Jfs Wealth Advisors Lc reported 3,110 shares stake. New England Private Wealth Llc holds 0.07% or 3,597 shares. Opus Ltd Llc holds 0.17% or 11,108 shares.

Among 20 analysts covering Altria Group Inc. (NYSE:MO), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Altria Group Inc. had 62 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Thursday, March 23 by RBC Capital Markets. The rating was maintained by Jefferies with “Hold” on Friday, November 17. The firm earned “Outperform” rating on Thursday, September 15 by CLSA. UBS initiated the shares of MO in report on Friday, February 26 with “Neutral” rating. The stock of Altria Group, Inc. (NYSE:MO) has “Hold” rating given on Tuesday, September 26 by Jefferies. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Tuesday, November 3. The firm has “Buy” rating given on Monday, July 17 by Stifel Nicolaus. The firm has “Buy” rating given on Tuesday, December 19 by Berenberg. As per Tuesday, June 14, the company rating was initiated by Berenberg. RBC Capital Markets maintained the shares of MO in report on Monday, November 6 with “Hold” rating.

Since February 7, 2018, it had 0 buys, and 4 selling transactions for $1.82 million activity. Another trade for 3,200 shares valued at $199,488 was made by SURGNER W HILDEBRANDT JR on Friday, March 2. Quigley Brian W. sold 3,464 shares worth $216,154. Johnson Craig A. sold $995,734 worth of Altria Group, Inc. (NYSE:MO) on Wednesday, February 7.

Alecta Pensionsforsakring Omsesidigt, which manages about $12.31 billion US Long portfolio, decreased its stake in Autoliv Inc.(S) (NYSE:ALV) by 200,000 shares to 8.26 million shares, valued at $1.05B in 2017Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 250,000 shares in the quarter, leaving it with 9.50M shares, and cut its stake in Polaris Industries Inc (NYSE:PII).

Investors sentiment increased to 1.28 in Q4 2017. Its up 0.07, from 1.21 in 2017Q3. It increased, as 46 investors sold ADI shares while 224 reduced holdings. 92 funds opened positions while 253 raised stakes. 319.40 million shares or 1.26% more from 315.41 million shares in 2017Q3 were reported. Millennium Ltd stated it has 43,893 shares. Cubic Asset Management Ltd Llc holds 0.91% or 36,525 shares. Cohen And Steers invested 0% in Analog Devices, Inc. (NASDAQ:ADI). Congress Asset Communications Ma has invested 0.92% in Analog Devices, Inc. (NASDAQ:ADI). Fjarde Ap accumulated 108,766 shares. Moreover, Dupont Cap Management has 0.34% invested in Analog Devices, Inc. (NASDAQ:ADI). Wetherby Asset Mngmt, a California-based fund reported 6,410 shares. Moreover, Keybank National Association Oh has 0.01% invested in Analog Devices, Inc. (NASDAQ:ADI) for 12,847 shares. Professional Advisory owns 149,710 shares for 2.81% of their portfolio. Cincinnati Fin has 1.64% invested in Analog Devices, Inc. (NASDAQ:ADI) for 419,270 shares. Oakwood Cap Mgmt Limited Ca owns 1.25% invested in Analog Devices, Inc. (NASDAQ:ADI) for 63,500 shares. Aviva Public Ltd Llc holds 225,809 shares or 0.11% of its portfolio. The Illinois-based North Star Invest Management has invested 0.03% in Analog Devices, Inc. (NASDAQ:ADI). 19,066 are held by West Oak Capital Limited Co. Hermes Management holds 0.44% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 346,503 shares.

Among 33 analysts covering Analog Devices (NASDAQ:ADI), 23 have Buy rating, 0 Sell and 10 Hold. Therefore 70% are positive. Analog Devices had 130 analyst reports since July 22, 2015 according to SRatingsIntel. Drexel Hamilton downgraded the shares of ADI in report on Wednesday, July 22 to “Hold” rating. Stifel Nicolaus maintained Analog Devices, Inc. (NASDAQ:ADI) on Thursday, November 16 with “Buy” rating. Barclays Capital maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Wednesday, July 27. Barclays Capital has “Equalweight” rating and $64 target. The rating was maintained by B. Riley & Co on Thursday, August 24 with “Buy”. Oppenheimer maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Wednesday, May 31. Oppenheimer has “Buy” rating and $10000 target. The stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Neutral” rating by Susquehanna on Thursday, August 6. The rating was maintained by Citigroup with “Neutral” on Thursday, August 18. The firm earned “Buy” rating on Wednesday, November 22 by Morgan Stanley. The company was upgraded on Tuesday, February 13 by PiperJaffray. The firm has “Neutral” rating by M Partners given on Monday, January 18.

Analog Devices, Inc. (NASDAQ:ADI) Institutional Positions Chart

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