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Concurrent Investment Advisors LLC Buys 15,017 Shares of Altria Group, Inc. $MO
Concurrent Investment Advisors LLC increased its stake in Altria Group by 12.5% in the fourth quarter, purchasing 15,017 shares to hold a total of 135,366 shares valued at $7.81 million. Altria declared a quarterly dividend of $1.06 (annualized $4.24), offering a 6.3% yield, though the company slightly missed Q4 EPS estimates. Analysts currently have an average “Hold” rating for the stock with a target price of $65.88.