Valicenti Advisory Services Has Lowered Its Altria Group (MO) Position; CGI Group Inc. (GIB) Covered By 6 Bullish Analysts Last Week

December 7, 2017 - By Vivian Park

Valicenti Advisory Services Inc decreased Altria Group Inc (MO) stake by 15.9% reported in 2017Q2 SEC filing. Valicenti Advisory Services Inc sold 10,562 shares as Altria Group Inc (MO)’s stock declined 2.84%. The Valicenti Advisory Services Inc holds 55,851 shares with $4.16 million value, down from 66,413 last quarter. Altria Group Inc now has $136.74 billion valuation. The stock increased 2.11% or $1.48 during the last trading session, reaching $71.66. About 9.72M shares traded or 35.48% up from the average. Altria Group, Inc. (NYSE:MO) has risen 11.92% since December 7, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Among 9 analysts covering CGI Group (NYSE:GIB), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. CGI Group had 15 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Friday, December 16 by Goldman Sachs. The company was upgraded on Thursday, November 12 by Societe Generale. The stock of CGI Group Inc. (NYSE:GIB) has “Outperform” rating given on Thursday, January 28 by RBC Capital Markets. On Monday, April 4 the stock rating was initiated by TD Securities with “Buy”. Desjardins Securities upgraded CGI Group Inc. (NYSE:GIB) on Wednesday, November 4 to “Buy” rating. The rating was maintained by Dundee Securities on Thursday, November 10 with “Buy”. Macquarie Research initiated the stock with “Neutral” rating in Tuesday, September 27 report. The company was upgraded on Friday, May 27 by Desjardins Securities. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, November 12. The stock has “Hold” rating by Societe Generale on Thursday, November 10. See CGI Group Inc. (NYSE:GIB) latest ratings:

22/08/2017 Broker: Canaccord Genuity Rating: Buy New Target: $74.0 Maintain
03/08/2017 Broker: Barclays Capital Rating: Buy New Target: $60.0000
03/08/2017 Broker: Inc. Common Stock Rating: Barclays New Target: $55 60

CGI Group Inc. provides information technology and business process services in Canada and internationally. The company has market cap of $15.06 billion. It offers agile, business transformation, change management, CIO advisory, cybersecurity, data analytics, digital enterprise, project management, and industry-specific business consulting services; application development and maintenance, portfolio management, quality assurance and testing, modernization, and migration services; business-to-business and customer activities support, purchase management, revenue management, and supplier payment services; and data center facilities and management, technical service desk, printing and document management, remote infrastructure, transformation, storage as a service, data vaulting, disaster recovery and archiving as a service, bottomless edge-to-core storage, and file sync and share as a service, as well as infrastructure solutions and consulting services. It has a 18.73 P/E ratio. The firm also provides IT outsourcing services; and data analytics, enterprise application integration, enterprise architecture and content management, enterprise resource planning , and geospatial solutions.

It closed at $52.8 lastly. It is down 9.32% since December 7, 2016 and is uptrending. It has underperformed by 7.38% the S&P500.

Among 19 analysts covering Altria Group Inc. (NYSE:MO), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Altria Group Inc. had 51 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Altria Group, Inc. (NYSE:MO) earned “Buy” rating by Piper Jaffray on Thursday, July 27. As per Wednesday, November 1, the company rating was upgraded by Edward Jones. The firm earned “Buy” rating on Monday, June 27 by Stifel Nicolaus. Morgan Stanley reinitiated Altria Group, Inc. (NYSE:MO) rating on Tuesday, November 29. Morgan Stanley has “Equal-Weight” rating and $65 target. The firm earned “Buy” rating on Thursday, October 26 by Piper Jaffray. As per Monday, July 31, the company rating was maintained by UBS. The stock of Altria Group, Inc. (NYSE:MO) earned “Hold” rating by Jefferies on Thursday, August 24. The rating was upgraded by Bank of America to “Buy” on Wednesday, January 4. The stock of Altria Group, Inc. (NYSE:MO) has “Market Perform” rating given on Friday, October 30 by Cowen & Co. The stock has “Buy” rating by Wells Fargo on Monday, July 31.

Investors sentiment increased to 0.91 in 2017 Q2. Its up 0.01, from 0.9 in 2017Q1. It increased, as 63 investors sold MO shares while 529 reduced holdings. 97 funds opened positions while 444 raised stakes. 1.16 billion shares or 0.78% less from 1.17 billion shares in 2017Q1 were reported. Aviance Ltd Liability Com has invested 0.02% in Altria Group, Inc. (NYSE:MO). Vaughan David Investments Il accumulated 8,938 shares. 645,702 are owned by State Treasurer State Of Michigan. Wealthtrust Fairport Limited Liability Corporation reported 43,174 shares or 0.35% of all its holdings. Dubuque Fincl Bank & Tru holds 4,094 shares or 0.07% of its portfolio. Everett Harris And Commerce Ca holds 7,989 shares. The Alabama-based Weiss Multi has invested 0.15% in Altria Group, Inc. (NYSE:MO). 143,620 were accumulated by Daiwa Sb Ltd. Illinois-based Alley Co Limited Co has invested 2.8% in Altria Group, Inc. (NYSE:MO). Factory Mutual Insur owns 757,600 shares for 0.65% of their portfolio. Aqr Capital Mgmt Llc has invested 0.25% of its portfolio in Altria Group, Inc. (NYSE:MO). Ims Cap Mgmt stated it has 5,480 shares. Blb&B Advsrs Llc holds 0.25% of its portfolio in Altria Group, Inc. (NYSE:MO) for 20,978 shares. Moreover, Carret Asset Mgmt Lc has 0.11% invested in Altria Group, Inc. (NYSE:MO). Hendershot Incorporated has invested 0.22% in Altria Group, Inc. (NYSE:MO).

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on February, 7. They expect $0.81 EPS, up 19.12% or $0.13 from last year’s $0.68 per share. MO’s profit will be $1.55 billion for 22.12 P/E if the $0.81 EPS becomes a reality. After $0.90 actual EPS reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

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