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Advisors Capital Management LLC Acquires 35,876 Shares of Altria Group, Inc. $MO
Advisors Capital Management LLC increased its stake in Altria Group (NYSE:MO) by 7.5% in the fourth quarter, acquiring an additional 35,876 shares to hold a total of 516,149 shares valued at approximately $29.76 million. Other institutional investors like Golden State Equity Partners and Vanguard Group Inc. also adjusted their positions. Altria recently reported Q4 EPS of $1.30, missing estimates, and declared a quarterly dividend of $1.06 per share, representing a 6.3% yield.