First Allied Advisory Services Lowered Its Holding in International Business Machs (IBM) as Share Price Rose; Wetherby Asset Management Trimmed Its Altria Group (MO) Position as Shares Declined

Altria Group, Inc. (NYSE:MO) Logo

Wetherby Asset Management Inc decreased its stake in Altria Group Inc (MO) by 22.33% based on its latest 2018Q4 regulatory filing with the SEC. Wetherby Asset Management Inc sold 9,079 shares as the company’s stock declined 4.53% while stock markets rallied. The institutional investor held 31,582 shares of the farming and seeds and milling company at the end of 2018Q4, valued at $1.56 million, down from 40,661 at the end of the previous reported quarter. Wetherby Asset Management Inc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $106.25B market cap company. The stock increased 0.62% or $0.35 during the last trading session, reaching $56.75. About 24.58 million shares traded or 82.01% up from the average. Altria Group, Inc. (NYSE:MO) has declined 15.97% since March 17, 2018 and is downtrending. It has underperformed by 20.34% the S&P500. Some Historical MO News: 26/04/2018 – ALTRIA GROUP INC – EXPECTS 2018 FULL-YEAR ADJUSTED EFFECTIVE TAX RATE WILL BE IN A RANGE OF ABOUT 23% TO 24%; 17/05/2018 – ALTRIA GROUP INC – ALTRIA REAFFIRMS FULL-YEAR 2018 EARNINGS GUIDANCE; 17/05/2018 – ALTRIA GROUP INC – ANNOUNCES EXPANSION OF ITS $1 BLN SHARE REPURCHASE PROGRAM TO $2 BLN,; 13/03/2018 Baseball News Source: Altria Group Inc $MO Announces Dividend Increase – $0.70 Per Share; 15/05/2018 – Valinor Adds VICI Properties Inc., Exits Altria: 13F; 09/04/2018 – Fitch Affirms Altria’s IDR at ‘A-‘; Outlook Stable; 20/03/2018 – ALTRIA UNIT SUBMITS MODIFIED RISK TOBACCO PDT APPLICATION; 09/04/2018 – Fitch Sees Altria as Well-Positioned Through Its Licensing Agreement With Philip Morris; 17/05/2018 – ALTRIA CEO: GERALD BALILES RETIRING FROM BOARD OF DIRECTORS; 17/05/2018 – ALTRIA CEO: AS LONG AS CANNABIS IS ILLEGAL, NOT INTERESTED

First Allied Advisory Services Inc decreased its stake in International Business Machs (IBM) by 15.96% based on its latest 2018Q4 regulatory filing with the SEC. First Allied Advisory Services Inc sold 8,170 shares as the company’s stock rose 12.54% with the market. The institutional investor held 43,035 shares of the computer manufacturing company at the end of 2018Q4, valued at $4.88M, down from 51,205 at the end of the previous reported quarter. First Allied Advisory Services Inc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $124.07B market cap company. The stock increased 0.46% or $0.64 during the last trading session, reaching $139.43. About 7.15M shares traded or 46.68% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since March 17, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 17/04/2018 – IBM 1Q Adj EPS $2.45; 20/03/2018 – NeuVector and IBM Cloud Announce Run-Time Security for Kubernetes; 27/03/2018 – ITALY’S CARIGE SAYS APPROVES DEAL WITH IBM FOR OUTSOURCING ITS IT SYSTEM; 14/03/2018 – EV GROUP – PLANS TO INTEGRATE IBM’S PATENTED HYBRID LASER RELEASE PROCESS INTO EVG’S FIELD-PROVEN TEMPORARY BONDING AND DEBONDING EQUIPMENT SOLUTIONS; 27/03/2018 – ITALY’S CARIGE SAYS SALE OF 1 BLN EUROS OF BAD LOANS WILL BE CARRIED OUT WITH GACS STATE-BACKED GUARANTEES; 12/03/2018 – Buying IBM, Amazon, Selling DowDuPont, AT&T — Barrons.com; 17/04/2018 – IBM – REPORTED GAAP AND OPERATING (NON-GAAP) TAX RATES FOR THE FIRST QUARTER INCLUDE A $0.8 BILLION DISCRETE TAX BENEFIT; 12/03/2018 – IBM Chairman, CEO V.M. Rometty 2017 Total Compensation $18.6 Million, Down From $32.7 Million a Year Earlier; 15/05/2018 – BERKSHIRE 13F NO LONGER SHOWS STAKE IN IBM AS OF 1Q; 11/04/2018 – The Hill: #BREAKING: IBM stops advertising on Laura Ingraham’s show after attack on Parkland survivor

Investors sentiment decreased to 0.76 in 2018 Q4. Its down 0.17, from 0.93 in 2018Q3. It is negative, as 99 investors sold MO shares while 506 reduced holdings. 107 funds opened positions while 350 raised stakes. 1.19 billion shares or 1.86% more from 1.17 billion shares in 2018Q3 were reported. Schaller Gru holds 0.33% or 8,950 shares in its portfolio. Japan-based Asset One Company Ltd has invested 0.39% in Altria Group, Inc. (NYSE:MO). Virginia Retirement Et Al holds 0.59% or 881,300 shares in its portfolio. Hudson Valley Investment Advsrs Adv accumulated 0.08% or 7,233 shares. Cullinan Associates Incorporated holds 22,728 shares or 0.09% of its portfolio. Bbva Compass Bancorporation Incorporated invested 0.09% in Altria Group, Inc. (NYSE:MO). Ogorek Anthony Joseph Ny Adv has invested 0.01% in Altria Group, Inc. (NYSE:MO). Zebra Cap Mngmt Ltd Liability Co owns 8,567 shares. Marco Investment Mgmt Limited Liability Co reported 11,447 shares stake. The California-based Private Ocean Lc has invested 0.02% in Altria Group, Inc. (NYSE:MO). Hilton Cap Mngmt Ltd accumulated 980 shares. 26,597 were accumulated by Beese Fulmer Invest Mgmt. Capital City Tru Fl has invested 0.14% of its portfolio in Altria Group, Inc. (NYSE:MO). Wellington Shields Commerce Ltd Liability Co holds 19,339 shares or 0.55% of its portfolio. Weatherly Asset Management Limited Partnership invested in 0.06% or 5,121 shares.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on April, 25. They expect $0.92 earnings per share, down 3.16% or $0.03 from last year’s $0.95 per share. MO’s profit will be $1.72B for 15.42 P/E if the $0.92 EPS becomes a reality. After $0.95 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts -3.16% negative EPS growth.

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Globenewswire.com which released: “Cronos Group Inc. Shareholders Approve C$2.4 Billion Strategic Investment from Altria Group, Inc. – GlobeNewswire” on February 21, 2019, also Finance.Yahoo.com with their article: “Altria’s Juul Stake Will ‘More Than Offset’ Cigarette Declines, Wells Fargo Says – Yahoo Finance” published on February 15, 2019, Benzinga.com published: “Barron’s Picks And Pans: Apple (NASDAQ:AAPL), Altria (NYSE:MO), Micron Technology (NASDAQ:MU), Nvidia (NASDAQ:NVDA) And More – Benzinga” on February 23, 2019. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Seekingalpha.com and their article: “CAGNY wrapups on Coca-Cola, Altria and Constellation Brands – Seeking Alpha” published on February 23, 2019 as well as Investorplace.com‘s news article titled: “Aurora Cannabis, Nelson Peltz Tie-Up is Ultimately About One Thing – Investorplace.com” with publication date: March 15, 2019.

Since February 21, 2019, it had 2 buys, and 0 insider sales for $122,481 activity.

Wetherby Asset Management Inc, which manages about $3.65 billion and $706.98M US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 683 shares to 8,190 shares, valued at $12.30M in 2018Q4, according to the filing. It also increased its holding in Procter And Gamble Co (NYSE:PG) by 3,311 shares in the quarter, for a total of 51,903 shares, and has risen its stake in Liberty Media Corp Delaware.

Investors sentiment decreased to 0.59 in 2018 Q4. Its down 0.32, from 0.91 in 2018Q3. It is negative, as 129 investors sold IBM shares while 678 reduced holdings. 121 funds opened positions while 353 raised stakes. 523.62 million shares or 6.28% more from 492.69 million shares in 2018Q3 were reported. Palo Cap Incorporated reported 22,952 shares. Viking Fund Mgmt Limited Liability Com reported 1.27% in International Business Machines Corporation (NYSE:IBM). Mitchell Sinkler And Starr Pa holds 0.37% or 2,663 shares. Mcf Limited Liability Com invested in 0.06% or 2,707 shares. Oppenheimer & holds 0.44% in International Business Machines Corporation (NYSE:IBM) or 123,973 shares. Cincinnati Insurance stated it has 449,655 shares or 1.59% of all its holdings. Salem Investment Counselors holds 8,986 shares. Community Bancorp Na owns 130,246 shares. Grisanti Mgmt Limited Co holds 0.06% or 784 shares in its portfolio. Keybank Natl Association Oh reported 0.35% of its portfolio in International Business Machines Corporation (NYSE:IBM). Louisiana State Employees Retirement Systems stated it has 47,700 shares. Covenant Multifamily Offices Ltd Liability Co holds 0.7% in International Business Machines Corporation (NYSE:IBM) or 16,185 shares. Aureus Asset Mngmt Limited Co has invested 0.05% in International Business Machines Corporation (NYSE:IBM). American Asset Mngmt invested 0.15% in International Business Machines Corporation (NYSE:IBM). Macquarie Group Ltd reported 0.03% stake.

Since October 31, 2018, it had 5 insider purchases, and 0 sales for $2.09 million activity. OWENS JAMES W had bought 1,000 shares worth $114,673. $249,722 worth of stock was bought by WADDELL FREDERICK H on Thursday, November 1. Rometty Virginia M bought 8,500 shares worth $998,835. 4,311 shares were bought by TAUREL SIDNEY, worth $495,846.

First Allied Advisory Services Inc, which manages about $4.57B and $2.53 billion US Long portfolio, upped its stake in First Tr Exchange Traded Fd (FV) by 33,195 shares to 81,957 shares, valued at $2.07M in 2018Q4, according to the filing. It also increased its holding in Ishares Tr (IEFA) by 12,033 shares in the quarter, for a total of 243,392 shares, and has risen its stake in Etf Managers Tr.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Fool.com which released: “Oracle of Omaha Abandons Oracle’s Stock After Just 1 Quarter – Motley Fool” on February 18, 2019, also Gurufocus.com with their article: “IBM X-Force Red Launches New Service for Blockchain Security Testing – GuruFocus.com” published on March 05, 2019, Investorplace.com published: “Buffett Goes Bigger on Banks, Pumps Brakes on Apple Stock – Investorplace.com” on February 15, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM: Big Investors Flee, But Don’t Panic – Seeking Alpha” published on March 15, 2019 as well as Finance.Yahoo.com‘s news article titled: “3 Top Artificial Intelligence Stocks to Watch in February – Yahoo Finance” with publication date: February 15, 2019.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart