<div id="readability-page-1"><p>JPMorgan Chase &amp; Co. reduced its position in shares of  Altria Group, Inc. (NYSE:MO - Free Report) by 10.1% in the 4th quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The fund owned 8,545,983 shares of the company's stock after selling 958,496 shares during the period. JPMorgan Chase &amp; Co. owned about 0.50% of Altria Group worth $446,870,000 at the end of the most recent quarter.</p><ul><li>3 Cash Cow Stocks Leading Their Sectors in Free Cash Flow Margins</li></ul><p>A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC raised its stake in shares of  Altria Group by 4.3% in the fourth quarter. Truvestments Capital LLC now owns 4,581 shares of the company's stock valued at $240,000 after acquiring an additional 190 shares during the last quarter.  Enterprise Financial Services Corp increased its holdings in  Altria Group by 4.0% during the 4th quarter. Enterprise Financial Services Corp now owns 5,052 shares of the company's stock valued at $264,000 after purchasing an additional 194 shares in the last quarter.  Horst &amp; Graben Wealth Management LLC boosted its stake in  Altria Group by 1.5% in the fourth quarter. Horst &amp; Graben Wealth Management LLC now owns 13,015 shares of the company's stock worth $681,000 after purchasing an additional 198 shares in the last quarter.  Fragasso Financial Advisors Inc grew its holdings in shares of  Altria Group by 3.3% during the fourth quarter. Fragasso Financial Advisors Inc now owns 6,302 shares of the company's stock worth $330,000 after purchasing an additional 199 shares during the last quarter.  Finally, First Citizens Financial Corp increased its stake in shares of  Altria Group by 4.8% in the fourth quarter. First Citizens Financial Corp now owns 4,402 shares of the company's stock valued at $230,000 after buying an additional 200 shares in the last quarter. 57.41% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Altria Group Trading Down 0.2 %</h2><p>Altria Group stock opened at $58.17 on Friday. The company has a market cap of $98.35 billion, a PE ratio of 8.88, a PEG ratio of 2.89 and a beta of 0.56. Altria Group, Inc. has a 1 year low of $40.65 and a 1 year high of $59.67. The company's 50-day moving average is $55.07 and its two-hundred day moving average is $53.59. </p><ul><li>3 Dividend Picks Standing Strong as Bond Yields Fall</li></ul><p>Altria Group (NYSE:MO - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $1.29 earnings per share for the quarter, beating 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%.  Research analysts forecast that  Altria Group, Inc. will post 5.32 EPS for the current year. </p><h2>Altria Group Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, March 25th will be paid a dividend of $1.02 per share. The ex-dividend date is Tuesday, March 25th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 7.01%. Altria Group's dividend payout ratio (DPR) is presently 62.29%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Volatility Is Back: 3 Stocks To Cushion the S&amp;P 500's Swings</li></ul><p>MO has been the topic of several research reports. Morgan Stanley reduced their price target on shares of Altria Group from $54.00 to $53.00 and set an &#34;equal weight&#34; rating on the stock in a research report on Friday, January 31st. Bank of America raised shares of Altria Group from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and boosted their target price for the stock from $55.00 to $65.00 in a research note on Friday, December 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have issued  a buy rating to the company's stock. According to MarketBeat, Altria Group currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $53.29.</p><p><b>Get Our Latest Analysis on Altria Group</b></p><h2>Altria Group Company Profile</h2> (Free Report)<p>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 &amp; 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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Altria Group</li><li>How to Start Investing in Real Estate</li><li>MarketBeat Week in Review – 03/24 - 03/28</li><li>Growth Investing: Should You Adopt This Investing Strategy in 2022?</li><li>Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low</li><li>Conference Calls and Individual Investors</li><li>4 Healthcare Stocks With Massive Gains—and More to Come</li></ul><p><strong>Want to see what other hedge funds are holding MO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Altria Group, Inc. (NYSE:MO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1P?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1P"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Altria Group Right Now?</h2><p>Before you consider Altria Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Altria Group wasn't on the list.</p><p>While Altria Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>JPMorgan Chase & Co. has reduced its stake in Altria Group, Inc. (NYSE:MO) by 10.1%, owning 8,545,983 shares valued at approximately $446.87 million. Other institutional investors have also adjusted their positions in Altria. The stock opened at $58.17, with a market cap of $98.35 billion and a PE ratio of 8.88. Altria recently announced a quarterly dividend of $1.02 per share, yielding 7.01%. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and a target price of $53.29.</p>

JPMorgan Chase & Co. Has $446.87 Million Stock Position in Altria Group, Inc. (NYSE:MO)