The shares of Altria Group, Inc. (NYSE:MO) has been pegged with a rating of Mkt Perform by Bernstein in its latest research note that was published on October 16th, 2018. Bernstein wasn’t the only research firm that published a report of Altria Group, Inc., with other equities research analysts also giving their opinion on the stock. Jefferies advised investors in its research note published on August 24th, 2018, to Hold the MO stock. The stock had earned Buy rating from Jefferies when it published its report on January 19th, 2018. The stock was given Buy rating by Berenberg in its report released on December 19th, 2017. RBC Capital Mkts was of a view that MO is Sector Perform in its latest report on July 31st, 2017 while giving it a price target of $62. UBS thinks that MO is worth Neutral rating. This was contained in the firm’s report on July 31st, 2017 in which the stock’s price target was also moved to $72.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $65.82. The price of the stock the last time has raised by 2.84% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 34.43.
The shares of the company dipped by 0.00% during the trading session on Thursday, reaching a low of $53.185 while ending the day at $54.40. During the trading session, a total of 12.15 million shares were traded which represents a -41.23% decline from the average session volume which is 8.60M shares. MO had ended its last session trading at 54.40. Altria Group, Inc. currently has a market cap of $104.29B, while its P/E ratio stands at 13.88, while its P/E earnings growth sits at 4.11, with a beta of 0.43. Altria Group, Inc. debt-to-equity ratio currently stands at 0.90, while its quick ratio hovers at 0.40. MO 52-week low price stands at $52.90 while its 52-week high price is $74.38.
The company in its last quarterly report recorded $1.08 earnings per share which is above the $1.07 predicted by most analysts. The Altria Group, Inc. generated $5,292.00 million in revenue during the last quarter, which is slightly higher than the $5,207.55 million predicted by analysts. In the second quarter last year, the firm recorded $1.01 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.48%. Altria Group, Inc. has the potential to record 3.92 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Credit Suisse published a research note on October 12th, 2018 where it informed investors and clients that Johnson Controls International plc (NYSE:JCI) is now rated as Neutral. Jefferies also rated JCI as Downgrade on August 24th, 2018, with its price target of $459 suggesting that JCI could surge by 11.95% from its current share price. Even though the stock has been trading at $33.89/share, analysts expect it to surge higher by -1.48% to reach $37.92/share. It started the day trading at $33.53 and traded between $32.76 and $33.39 throughout the trading session.
A look at its technical shows that JCI’s 50-day SMA is 33.80 while its 200-day SMA stands at 35.43. The stock has a high of $41.53 for the year while the low is $30.60. The company’s P/E ratio currently sits at 13.70, while the P/B ratio is 1.46. The company’s average trading volume currently stands at 5.38M shares, which means that the short-interest ratio is just 2.59 days. Over the past seven days, the company moved, with its shift of -1.79%. Looking further, the stock has dropped -14.01% over the past 90 days while it lost -4.44% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Dodge Cox sold more JCI shares, decreasing its portfolio by -0.26% during the last quarter. This move now sees Dodge Cox selling -261,233 shares in the last quarter, thus it now holds 99,462,999 shares of JCI, with a total valuation of $3,179,832,078. The Vanguard Group Inc meanwhile bought more JCI shares in the recently filed quarter, changing its stake to $2,113,750,643 worth of shares. Barrow Hanley Mewhinney Strau followed the path by decreasing its JCI portfolio by -1.56% in the quarter. This means that Barrow Hanley Mewhinney Strau sold -686,022 shares in the last quarter and now controls 43,243,798 shares of the JCI stock, with the valuation hitting $1,382,504,222.
Similarly, BlackRock Fund Advisors increased its Johnson Controls International plc shares by +0.52% during the recently filed quarter. After buying 190,186 shares in the last quarter, the firm now controls 37,067,749 shares of Johnson Controls International plc which are valued at $1,185,055,936. In the same vein, SSgA Funds Management Inc increased its Johnson Controls International plc shares by during the most recent reported quarter. The firm bought 801,222 shares during the quarter which increased its stakes to 37,040,512 shares and is now valued at $1,184,185,169. Following these latest developments, around 0.20% of Johnson Controls International plc stocks are owned by institutional investors and hedge funds.