Moors & Cabot Has Lifted Its Altria Group (MO) Position; Clearbridge American Energy MLP Fund (CBA) Sentiment Is 1.05

May 27, 2018 - By Marie Mckinney

Altria Group, Inc. (NYSE:MO) Logo

Clearbridge American Energy MLP Fund Inc (CBA) investors sentiment decreased to 1.05 in 2017 Q4. It’s down -1.03, from 2.08 in 2017Q3. The ratio worsened, as 20 institutional investors started new and increased stock positions, while 19 sold and trimmed stakes in Clearbridge American Energy MLP Fund Inc. The institutional investors in our database reported: 12.86 million shares, up from 11.55 million shares in 2017Q3. Also, the number of institutional investors holding Clearbridge American Energy MLP Fund Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 10 Increased: 12 New Position: 8.

Moors & Cabot Inc increased Altria Group Inc (MO) stake by 24.24% reported in 2017Q4 SEC filing. Moors & Cabot Inc acquired 12,277 shares as Altria Group Inc (MO)’s stock declined 15.83%. The Moors & Cabot Inc holds 62,919 shares with $4.48M value, up from 50,642 last quarter. Altria Group Inc now has $105.39B valuation. The stock decreased 0.47% or $0.26 during the last trading session, reaching $55.63. About 5.33M shares traded. Altria Group, Inc. (NYSE:MO) has declined 17.05% since May 27, 2017 and is downtrending. It has underperformed by 28.60% the S&P500.

More notable recent ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) news were published by: Streetinsider.com which released: “Australia’s Commonwealth Bank says it double-charged thousands of customers” on May 24, 2018, also Streetinsider.com with their article: “Australia’s Westpac cleared of rate rigging but bank inquiry sword stays” published on May 24, 2018, Streetinsider.com published: “Foreign banks flex muscles in Australia as locals reel from scandals” on May 24, 2018. More interesting news about ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) were released by: Streetinsider.com and their article: “Australia’s Westpac hires complaints head amid damaging inquiry” published on May 18, 2018 as well as Streetinsider.com‘s news article titled: “Australia’s largest bank forced to reveal it lost 20 million accounts” with publication date: May 02, 2018.

The stock decreased 2.11% or $0.16 during the last trading session, reaching $7.41. About 204,749 shares traded. ClearBridge American Energy MLP Fund Inc. (CBA) has declined 29.88% since May 27, 2017 and is downtrending. It has underperformed by 41.43% the S&P500.

Rock Point Advisors Llc holds 3.26% of its portfolio in ClearBridge American Energy MLP Fund Inc. for 844,995 shares. Mcgowan Group Asset Management Inc. owns 1.39 million shares or 1.86% of their US portfolio. Moreover, Terril Brothers Inc. has 1.81% invested in the company for 709,180 shares. The Michigan-based Advisory Alpha Llc has invested 0.59% in the stock. Signature Estate & Investment Advisors Llc, a California-based fund reported 668,162 shares.

ClearBridge American Energy MLP Fund Inc. is a closed-ended equity mutual fund of funds launched and managed by Legg Mason Partners Fund Advisor, LLC. The company has market cap of $. The fund is co-managed by ClearBridge Investments, LLC. It currently has negative earnings. It invests in the public equity markets of the United States.

Among 20 analysts covering Altria Group Inc. (NYSE:MO), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Altria Group Inc. had 65 analyst reports since July 31, 2015 according to SRatingsIntel. The company was initiated on Friday, February 26 by UBS. The firm earned “Equal Weight” rating on Thursday, March 30 by Barclays Capital. RBC Capital Markets maintained the stock with “Sell” rating in Monday, May 29 report. The stock has “Hold” rating by Cowen & Co on Friday, September 8. The firm has “Hold” rating given on Thursday, August 24 by Jefferies. The company was downgraded on Thursday, July 30 by Credit Agricole. Citigroup initiated Altria Group, Inc. (NYSE:MO) rating on Tuesday, September 13. Citigroup has “Buy” rating and $72 target. The stock of Altria Group, Inc. (NYSE:MO) earned “Buy” rating by Argus Research on Monday, May 9. The firm has “Hold” rating by Cowen & Co given on Thursday, July 27. The firm has “Buy” rating by Berenberg given on Tuesday, December 19.

More important recent Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released: “The Fall Of 2 Dividend Champions” on May 15, 2018, also Benzinga.com published article titled: “Altria’s Problems Baked Into Price, Now A Buy At RBC”, Streetinsider.com published: “Altria (MO) Announces New Structure; Establishment of Two Divisions, Core Tobacco and Innovative Tobacco Products” on May 22, 2018. More interesting news about Altria Group, Inc. (NYSE:MO) was released by: Seekingalpha.com and their article: “Altria Group (MO) Annual Meeting of Shareholders Conference (Transcript)” with publication date: May 17, 2018.

Moors & Cabot Inc decreased Intel Corp (NASDAQ:INTC) stake by 20,123 shares to 149,168 valued at $6.88 million in 2017Q4. It also reduced Allergan Plc stake by 3,235 shares and now owns 8,965 shares. Spdr Gold Trust (GLD) was reduced too.

Investors sentiment increased to 0.93 in 2017 Q4. Its up 0.04, from 0.89 in 2017Q3. It increased, as 63 investors sold MO shares while 521 reduced holdings. 134 funds opened positions while 410 raised stakes. 1.16 billion shares or 1.13% less from 1.17 billion shares in 2017Q3 were reported. Busey Tru Communications stated it has 1.19% of its portfolio in Altria Group, Inc. (NYSE:MO). Us Retail Bank De accumulated 1.43M shares. Mitchell Mcleod Pugh & Williams owns 18,395 shares or 0.91% of their US portfolio. Bb&T Corporation holds 0.41% or 308,638 shares in its portfolio. American Bancorp has 6,482 shares for 0.13% of their portfolio. Choate Advsrs stated it has 11,338 shares. Colorado-based Centurylink Mngmt has invested 0.99% in Altria Group, Inc. (NYSE:MO). The Washington-based Brighton Jones Ltd has invested 0.08% in Altria Group, Inc. (NYSE:MO). Da Davidson And Co holds 0.19% or 125,932 shares. Schmidt P J Inv Mgmt invested 0.28% in Altria Group, Inc. (NYSE:MO). Picton Mahoney Asset Management holds 0.34% in Altria Group, Inc. (NYSE:MO) or 176,450 shares. Apriem Advisors, a California-based fund reported 28,808 shares. 38,672 are held by Wesbanco Bankshares Inc. Ontario Teachers Pension Plan Board accumulated 1.06M shares. Halsey Associates Ct reported 28,325 shares.

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