Altria Group (NYSE:MO) Trading Down 1.1% - Here's Why

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Altria Group (NYSE:MO) saw its shares fall by 1.1% during Wednesday’s mid-day trading. The stock performed below expectations, with the company missing quarterly EPS estimates and revenue slightly decreasing, despite announcing a quarterly dividend of $1.06. Analyst ratings are mixed for Altria, with a consensus “Hold” rating and a target price of $64.33, while institutional investors have shown varied activity in adding to or reducing their stakes.

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