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Altria Group (MO) Shareholder King Wealth Management Group Lowered Its Holding by $774,504 as Shares Declined; As Cameco (CCJ) Market Valuation Rose, Holder Black Creek Investment Management Has Boosted Its Holding

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King Wealth Management Group Llc decreased its stake in Altria Group Inc (MO) by 14.72% based on its latest 2018Q1 regulatory filing with the SEC. King Wealth Management Group Llc sold 12,492 shares as the company’s stock declined 14.98% with the market. The institutional investor held 72,348 shares of the farming and seeds and milling company at the end of 2018Q1, valued at $4.51 million, down from 84,840 at the end of the previous reported quarter. King Wealth Management Group Llc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $107.22B market cap company. The stock decreased 0.27% or $0.155 during the last trading session, reaching $56.595. About 2.46 million shares traded. Altria Group, Inc. (NYSE:MO) has declined 24.97% since June 21, 2017 and is downtrending. It has underperformed by 37.54% the S&P500.

Black Creek Investment Management Inc increased its stake in Cameco Corp (CCJ) by 7.46% based on its latest 2018Q1 regulatory filing with the SEC. Black Creek Investment Management Inc bought 267,000 shares as the company’s stock rose 14.19% while stock markets declined. The institutional investor held 3.85 million shares of the precious metals company at the end of 2018Q1, valued at $34.93 million, up from 3.58 million at the end of the previous reported quarter. Black Creek Investment Management Inc who had been investing in Cameco Corp for a number of months, seems to be bullish on the $4.51B market cap company. The stock decreased 2.53% or $0.29 during the last trading session, reaching $11.19. About 917,786 shares traded. Cameco Corporation (NYSE:CCJ) has risen 12.74% since June 21, 2017 and is uptrending. It has outperformed by 0.17% the S&P500. Some Historical CCJ News: 27/04/2018 – CAMECO ANNUAL GUIDANCE LARGELY UNCHANGED; 25/04/2018 – Cameco Forms Golden Cross: Technicals; 27/04/2018 – Cameco turns to profit on lower costs, higher uranium prices; 27/04/2018 – Cameco 1Q Net C$55M; 09/05/2018 – Vaughan Nelson Investment Buys New 1.1% Position in Cameco; 27/04/2018 – Cameco 1Q EPS C$0.14; 27/04/2018 – Cameco Expects Cash Flow in 2018 to Be Similar to 2017; 16/03/2018 Cameco Closes Above 200-Day Moving Average: Technicals; 27/04/2018 – Cameco 1Q Rev C$439M; 16/05/2018 – Cameco Announces Election of Directors

More recent Cameco Corporation (NYSE:CCJ) news were published by: Seekingalpha.com which released: “Uranium Mining: The Inflection On The Horizon” on June 18, 2018. Also Fool.com published the news titled: “Where Will Cameco Corporation Be in 5 Years?” on June 13, 2018. Seekingalpha.com‘s news article titled: “Uranium sector should see further price rise, analyst says” with publication date: June 06, 2018 was also an interesting one.

Among 6 analysts covering Cameco (NYSE:CCJ), 1 have Buy rating, 2 Sell and 3 Hold. Therefore 17% are positive. Cameco had 14 analyst reports since August 6, 2015 according to SRatingsIntel. As per Thursday, August 6, the company rating was maintained by Cowen & Co. Bank of America upgraded the shares of CCJ in report on Thursday, January 12 to “Neutral” rating. The stock has “Sector Perform” rating by Scotia Capital on Thursday, April 7. The firm has “Outperform” rating given on Tuesday, February 14 by BMO Capital Markets. Credit Suisse downgraded the stock to “Underperform” rating in Tuesday, July 18 report. The company was maintained on Friday, October 20 by RBC Capital Markets. On Wednesday, October 4 the stock rating was maintained by Bank of America with “Underperform”. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Thursday, February 2 report. On Friday, June 30 the stock rating was downgraded by Bank of America to “Underperform”. The stock has “Neutral” rating by Credit Suisse on Wednesday, April 19.

Black Creek Investment Management Inc, which manages about $2.97 billion and $3.06 billion US Long portfolio, decreased its stake in Icici Bk Ltd (NYSE:IBN) by 2.94M shares to 32.65 million shares, valued at $288.93M in 2018Q1, according to the filing. It also reduced its holding in Oracle Corp (NYSE:ORCL) by 214,382 shares in the quarter, leaving it with 5.51M shares, and cut its stake in Morningstar Inc (NASDAQ:MORN).

Since February 7, 2018, it had 1 insider buy, and 4 sales for $1.52 million activity. 6,500 Altria Group, Inc. (NYSE:MO) shares with value of $410,313 were sold by Dillard James E III. Shares for $199,488 were sold by SURGNER W HILDEBRANDT JR on Friday, March 2. Another trade for 3,464 shares valued at $216,154 was made by Quigley Brian W. on Friday, March 2. Another trade for 14,953 shares valued at $995,734 was sold by Johnson Craig A..

Investors sentiment decreased to 0.73 in Q1 2018. Its down 0.20, from 0.93 in 2017Q4. It worsened, as 88 investors sold MO shares while 562 reduced holdings. 100 funds opened positions while 372 raised stakes. 1.16 billion shares or 0.04% more from 1.16 billion shares in 2017Q4 were reported. Ssi Investment has invested 0.04% in Altria Group, Inc. (NYSE:MO). Patten, a Tennessee-based fund reported 4,292 shares. Summit Fincl Strategies Incorporated accumulated 8,054 shares or 0.26% of the stock. 3,241 are held by Srb Corp. First Mercantile Tru Company accumulated 0.23% or 17,536 shares. Prelude Mngmt Ltd Liability reported 0.05% in Altria Group, Inc. (NYSE:MO). Milestone Gru has invested 0.13% in Altria Group, Inc. (NYSE:MO). Amer & Company stated it has 1.64% in Altria Group, Inc. (NYSE:MO). Boston Family Office Ltd Limited Liability Company accumulated 64,134 shares. Walleye Trading Lc accumulated 0% or 8,106 shares. 371,692 were reported by Public Sector Pension Board. D L Carlson Inv Gp has 1.56% invested in Altria Group, Inc. (NYSE:MO) for 79,337 shares. Brookstone Capital holds 0.57% or 100,861 shares. Acg Wealth reported 38,007 shares stake. 1.41M were reported by Us Bancshares De.

King Wealth Management Group Llc, which manages about $1.58 billion and $281.74M US Long portfolio, upped its stake in Boeing Co (NYSE:BA) by 14,241 shares to 16,425 shares, valued at $5.39M in 2018Q1, according to the filing.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on July, 26. They expect $1.01 EPS, up 18.82% or $0.16 from last year’s $0.85 per share. MO’s profit will be $1.91B for 14.01 P/E if the $1.01 EPS becomes a reality. After $0.95 actual EPS reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 6.32% EPS growth.

Among 20 analysts covering Altria Group Inc. (NYSE:MO), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Altria Group Inc. had 65 analyst reports since July 31, 2015 according to SRatingsIntel. Wells Fargo maintained Altria Group, Inc. (NYSE:MO) on Friday, August 11 with “Buy” rating. Piper Jaffray maintained it with “Buy” rating and $7500 target in Monday, April 23 report. The firm earned “Buy” rating on Wednesday, November 1 by Edward Jones. The stock of Altria Group, Inc. (NYSE:MO) has “Buy” rating given on Thursday, February 1 by Piper Jaffray. Piper Jaffray maintained the stock with “Buy” rating in Thursday, September 14 report. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, July 31. RBC Capital Markets maintained it with “Sell” rating and $6200 target in Friday, May 26 report. On Tuesday, November 29 the stock rating was reinitiated by Morgan Stanley with “Equal-Weight”. The stock of Altria Group, Inc. (NYSE:MO) earned “Buy” rating by Cowen & Co on Thursday, October 26. Cowen & Co upgraded the shares of MO in report on Tuesday, September 26 to “Outperform” rating.

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released: “Is Vector Group Dividend For Real?” on June 18, 2018, also Seekingalpha.com with their article: “Can Altria Survive US Government Regulations?” published on May 29, 2018, Seekingalpha.com published: “Altria – A $62 Discount Cash Flow Valuation” on May 31, 2018. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Seekingalpha.com and their article: “Shares Of Altria Are A Buy” published on June 11, 2018 as well as Fool.com‘s news article titled: “Better Buy: Altria Group vs. Verizon” with publication date: June 17, 2018.

Altria Group, Inc. (NYSE:MO) Ratings Chart

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