Laffer Investments Stake in Altria Group (MO) Has Raised as Stock Price Declined; Tractor Supply Co (TSCO) Holder Legal & General Group Plc Has Decreased Stake

Altria Group, Inc. (NYSE:MO) Logo

Legal & General Group Plc decreased its stake in Tractor Supply Co (TSCO) by 1.12% based on its latest 2018Q3 regulatory filing with the SEC. Legal & General Group Plc sold 7,463 shares as the company’s stock rose 0.20% while stock markets declined. The institutional investor held 660,487 shares of the building materials company at the end of 2018Q3, valued at $60.04 million, down from 667,950 at the end of the previous reported quarter. Legal & General Group Plc who had been investing in Tractor Supply Co for a number of months, seems to be less bullish one the $10.41B market cap company. The stock increased 0.76% or $0.64 during the last trading session, reaching $85.31. About 1.10 million shares traded. Tractor Supply Company (NASDAQ:TSCO) has risen 35.56% since January 12, 2018 and is uptrending. It has outperformed by 35.56% the S&P500. Some Historical TSCO News: 16/05/2018 – Tractor Supply at Site Visit Hosted By Bernstein AB Today; 20/04/2018 – DJ Tractor Supply Company, Inst Holders, 1Q 2018 (TSCO); 05/04/2018 – Tractor Supply Kicks Off Semi-Annual 4-H Fundraiser; 24/05/2018 – Tractor Supply Presenting at Conference Jun 7; 26/04/2018 – Tractor Supply Sees FY18 Sales $7.69B-$7.77B; 10/05/2018 – Tractor Supply Company Shareholders Elect Denise L. Jackson to Its Board of Directors; 26/04/2018 – TRACTOR SUPPLY SEES FY COMP SALES +2% TO +3%; 10/04/2018 – Tractor Supply Company to Webcast First Quarter 2018 Results; 24/05/2018 – Tractor Supply Company Releases 2017 Stewardship Report; 02/04/2018 – Fidelity OTC Adds Cboe, Exits Tractor Supply, Cuts Ubisoft

Laffer Investments increased its stake in Altria Group Inc (MO) by 1.31% based on its latest 2018Q3 regulatory filing with the SEC. Laffer Investments bought 144 shares as the company’s stock declined 11.92% with the market. The institutional investor held 11,139 shares of the farming and seeds and milling company at the end of 2018Q3, valued at $671.79M, up from 10,995 at the end of the previous reported quarter. Laffer Investments who had been investing in Altria Group Inc for a number of months, seems to be bullish on the $91.89 billion market cap company. The stock increased 0.08% or $0.04 during the last trading session, reaching $48.9. About 11.22 million shares traded or 5.61% up from the average. Altria Group, Inc. (NYSE:MO) has declined 25.37% since January 12, 2018 and is downtrending. It has underperformed by 25.37% the S&P500. Some Historical MO News: 09/04/2018 – Fitch: Altria Ratings Apply to About $14 Billion of Total Outstanding Debt at End of 2017; 17/05/2018 – ALTRIA CEO: AS LONG AS CANNABIS IS ILLEGAL, NOT INTERESTED; 18/04/2018 – Altria Closes Below 50-Day Moving Average: Technicals; 26/04/2018 – Altria 1Q Smokeable Products Segment Rev $5.41B; 26/04/2018 – Altria: Sees Full Yr Adjusted Diluted EPS Growth 15% to 19%; 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 ANNUAL MEETING OF SHAREHOLDERS BEGINS; 04/05/2018 – Altria Group and Nikon Quietly Stay Away From the NRA’s Big Show; 26/04/2018 – Altria’s Pricier Cigarettes Help Offset Continuing Volume Drop; 15/05/2018 – Valinor Adds VICI Properties Inc., Exits Altria: 13F

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released: “Altria And Philip Morris: The Case For A Marlboro Merger – Seeking Alpha” on December 18, 2018, also Fool.com with their article: “Better Buy: PepsiCo vs. Altria – The Motley Fool” published on December 15, 2018, Seekingalpha.com published: “Altria Is Cheap With Juicy Yield – Seeking Alpha” on December 19, 2018. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Fool.com and their article: “Better Bear Market Stock: Procter & Gamble vs. Altria – Motley Fool” published on January 05, 2019 as well as Seekingalpha.com‘s news article titled: “Sin To Win: Altria Is A Buy – Seeking Alpha” with publication date: December 14, 2018.

Since August 29, 2018, it had 0 insider buys, and 1 insider sale for $184,966 activity.

Laffer Investments, which manages about $614.32 million and $403.90 billion US Long portfolio, decreased its stake in Ares Capital Corp (NASDAQ:ARCC) by 1,960 shares to 38,299 shares, valued at $658.36M in 2018Q3, according to the filing. It also reduced its holding in Kinder Morgan Inc De (NYSE:KMI) by 178 shares in the quarter, leaving it with 17,601 shares, and cut its stake in Digital Realty Trust Inc.

Investors sentiment increased to 0.93 in 2018 Q3. Its up 0.11, from 0.82 in 2018Q2. It improved, as 52 investors sold MO shares while 495 reduced holdings. 128 funds opened positions while 382 raised stakes. 1.17 billion shares or 1.41% more from 1.16 billion shares in 2018Q2 were reported. Schmidt P J Mngmt reported 0.22% of its portfolio in Altria Group, Inc. (NYSE:MO). Cap Fund Management reported 0.37% stake. Fiera Corporation reported 5,751 shares stake. Alliancebernstein Lp accumulated 8.54 million shares. Credit Agricole S A holds 0.06% or 19,290 shares in its portfolio. Klingenstein Fields Comm Ltd Liability Corp reported 62,486 shares or 0.14% of all its holdings. Plancorp Limited Liability Company holds 0.31% or 13,191 shares. M&R Cap Mngmt Inc, New York-based fund reported 3,695 shares. Barclays Public Limited Company invested 0.1% of its portfolio in Altria Group, Inc. (NYSE:MO). Dana Invest invested in 0.08% or 33,833 shares. Moreover, Summit Fincl Strategies has 0.17% invested in Altria Group, Inc. (NYSE:MO) for 6,331 shares. Retirement Planning Gru reported 5,137 shares. Tokio Marine Asset Company has 0.13% invested in Altria Group, Inc. (NYSE:MO) for 12,427 shares. Schwab Charles Invest Mngmt Inc reported 12.44M shares. Pekin Singer Strauss Asset Mngmt Il stated it has 0.11% of its portfolio in Altria Group, Inc. (NYSE:MO).

Among 21 analysts covering Altria Group Inc. (NYSE:MO), 15 have Buy rating, 1 Sell and 5 Hold. Therefore 71% are positive. Altria Group Inc. had 74 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, October 3. PiperJaffray maintained it with “Overweight” rating and $81 target in Friday, February 2 report. The company was maintained on Thursday, September 14 by Piper Jaffray. The firm has “Sell” rating given on Friday, December 21 by Citigroup. As per Friday, April 27, the company rating was maintained by Morgan Stanley. Cowen & Co downgraded Altria Group, Inc. (NYSE:MO) on Monday, January 7 to “Market Perform” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, July 17. Bank of America downgraded the stock to “Neutral” rating in Thursday, March 24 report. The stock of Altria Group, Inc. (NYSE:MO) earned “Hold” rating by Cowen & Co on Friday, September 8. On Monday, October 30 the stock rating was maintained by Citigroup with “Buy”.

Among 32 analysts covering Tractor Supply (NASDAQ:TSCO), 15 have Buy rating, 0 Sell and 17 Hold. Therefore 47% are positive. Tractor Supply had 110 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 30 by Deutsche Bank. The company was downgraded on Thursday, September 8 by Raymond James. The rating was maintained by PiperJaffray on Friday, July 27 with “Overweight”. The rating was downgraded by Piper Jaffray on Thursday, September 8 to “Neutral”. Argus Research maintained it with “Buy” rating and $105 target in Tuesday, July 28 report. The firm has “Market Perform” rating given on Friday, July 28 by BMO Capital Markets. The firm has “Buy” rating given on Tuesday, September 22 by Zacks. As per Wednesday, June 27, the company rating was maintained by Wells Fargo. The rating was maintained by Credit Suisse with “Outperform” on Thursday, June 30. The firm has “Hold” rating by SunTrust given on Friday, February 3.

More notable recent Tractor Supply Company (NASDAQ:TSCO) news were published by: Nasdaq.com which released: “Tractor Supply (TSCO) Looks Bullish: What’s Aiding the Stock? – Nasdaq” on August 28, 2018, also Zacks.com with their article: “Tractor Supply Sees Hammer Chart Pattern: Time to Buy? – Zacks.com” published on January 11, 2019, Seekingalpha.com published: “Tractor Supply: Here We Go Again – Seeking Alpha” on September 06, 2018. More interesting news about Tractor Supply Company (NASDAQ:TSCO) were released by: Globenewswire.com and their article: “Tractor Supply Company Declares Quarterly Dividend Nasdaq:TSCO – GlobeNewswire” published on November 08, 2018 as well as Nasdaq.com‘s news article titled: “Tractor Supply (TSCO) Surpasses Q2 Earnings and Revenue Estimates – Nasdaq” with publication date: July 26, 2018.

Legal & General Group Plc, which manages about $139.71B US Long portfolio, upped its stake in Fuller H B Co (NYSE:FUL) by 8,362 shares to 128,033 shares, valued at $6.66 million in 2018Q3, according to the filing. It also increased its holding in M & T Bk Corp (NYSE:MTB) by 20,214 shares in the quarter, for a total of 692,928 shares, and has risen its stake in National Oilwell Varco Inc (NYSE:NOV).

Since July 18, 2018, it had 0 insider buys, and 8 insider sales for $22.24 million activity. The insider Barbarick Steve K sold 20,000 shares worth $1.60 million. 19,818 shares valued at $1.92 million were sold by FRAZELL CHAD MICHAEL on Thursday, November 8. $967,682 worth of Tractor Supply Company (NASDAQ:TSCO) was sold by Barton Kurt D on Wednesday, August 22. $2.26 million worth of Tractor Supply Company (NASDAQ:TSCO) was sold by PARRISH BENJAMIN F JR on Monday, September 10.

Investors sentiment decreased to 0.99 in Q3 2018. Its down 0.12, from 1.11 in 2018Q2. It dived, as 34 investors sold TSCO shares while 194 reduced holdings. 86 funds opened positions while 140 raised stakes. 95.91 million shares or 0.58% less from 96.47 million shares in 2018Q2 were reported. Stephens Ar holds 0.09% of its portfolio in Tractor Supply Company (NASDAQ:TSCO) for 41,171 shares. Liberty Mutual Grp Asset Management holds 4,879 shares or 0.01% of its portfolio. New York State Teachers Retirement System has 0.04% invested in Tractor Supply Company (NASDAQ:TSCO) for 190,581 shares. Ww Asset Mgmt Incorporated holds 0.04% of its portfolio in Tractor Supply Company (NASDAQ:TSCO) for 9,107 shares. Avalon Advsr Limited Liability holds 0.1% in Tractor Supply Company (NASDAQ:TSCO) or 40,509 shares. Capital Fund Management Sa has invested 0.02% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). 15,263 are held by Regions Financial. Pacific Glob Inv Mngmt Co holds 0.68% of its portfolio in Tractor Supply Company (NASDAQ:TSCO) for 36,531 shares. Deutsche Bancorporation Ag stated it has 410,823 shares. Nomura Asset Ltd holds 0.02% or 19,663 shares. Fincl Bank Of America De holds 609,323 shares or 0.01% of its portfolio. D E Shaw & Company Incorporated stated it has 0.15% of its portfolio in Tractor Supply Company (NASDAQ:TSCO). Midas Mngmt has 1.78% invested in Tractor Supply Company (NASDAQ:TSCO). Jane Street Group Limited Liability Corp reported 13,435 shares. Bluestein R H And, Michigan-based fund reported 2,615 shares.

Tractor Supply Company (NASDAQ:TSCO) Institutional Positions Chart

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