Swiss National Bank Sells 249,100 Shares of Altria Group, Inc. $MO

The Swiss National Bank reduced its stake in Altria Group, Inc. (NYSE:MO) by 4.9% during the third quarter, selling 249,100 shares. Following the sale, the institutional investor now holds 4,855,600 shares of Altria, valued at approximately $320.76 million. Other institutional investors also adjusted their holdings in Altria, while analysts have given the stock an average “Hold” rating with a consensus price target of $64.33.