Vantage Investment Advisors Has Lowered Altria Group (MO) Holding as Market Value Declined; Lam Research (LRCX) Stake Upped by Cypress Funds Llc

February 25, 2018 - By Stephen Andrade

Vantage Investment Advisors Llc decreased its stake in Altria Group (MO) by 83.83% based on its latest 2017Q3 regulatory filing with the SEC. Vantage Investment Advisors Llc sold 63,543 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 12,255 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $777,000, down from 75,798 at the end of the previous reported quarter. Vantage Investment Advisors Llc who had been investing in Altria Group for a number of months, seems to be less bullish one the $122.80B market cap company. The stock increased 1.97% or $1.25 during the last trading session, reaching $64.59. About 5.63 million shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since February 25, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

Cypress Funds Llc increased its stake in Lam Research Corp (LRCX) by 525% based on its latest 2017Q3 regulatory filing with the SEC. Cypress Funds Llc bought 218,400 shares as the company’s stock rose 32.64% with the market. The hedge fund held 260,000 shares of the industrial machinery and components company at the end of 2017Q3, valued at $48.11M, up from 41,600 at the end of the previous reported quarter. Cypress Funds Llc who had been investing in Lam Research Corp for a number of months, seems to be bullish on the $31.47B market cap company. The stock increased 2.52% or $4.74 during the last trading session, reaching $193.1. About 2.23 million shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since February 25, 2017 and is uptrending. It has outperformed by 91.16% the S&P500.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on May, 1. They expect $0.94 EPS, up 28.77% or $0.21 from last year’s $0.73 per share. MO’s profit will be $1.79 billion for 17.18 P/E if the $0.94 EPS becomes a reality. After $0.91 actual EPS reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 3.30% EPS growth.

Among 19 analysts covering Altria Group Inc. (NYSE:MO), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Altria Group Inc. had 59 analyst reports since July 31, 2015 according to SRatingsIntel. Cowen & Co maintained the stock with “Buy” rating in Monday, January 8 report. UBS maintained Altria Group, Inc. (NYSE:MO) on Monday, July 31 with “Neutral” rating. As per Friday, November 17, the company rating was maintained by Jefferies. The stock has “Hold” rating by Jefferies on Monday, July 17. PiperJaffray maintained the stock with “Overweight” rating in Friday, February 2 report. RBC Capital Markets maintained the stock with “Sell” rating in Friday, June 30 report. The rating was maintained by Cowen & Co on Friday, September 8 with “Hold”. On Wednesday, November 1 the stock rating was upgraded by Edward Jones to “Buy”. The firm has “Strong-Buy” rating given on Wednesday, September 2 by Vetr. The stock of Altria Group, Inc. (NYSE:MO) has “Buy” rating given on Tuesday, September 13 by Citigroup.

Vantage Investment Advisors Llc, which manages about $916.05 million and $388.84M US Long portfolio, upped its stake in Ishares Core Msci Eafe (IEFA) by 4,820 shares to 20,069 shares, valued at $1.29 million in 2017Q3, according to the filing. It also increased its holding in 3M Company (NYSE:MMM) by 16,206 shares in the quarter, for a total of 42,858 shares, and has risen its stake in Discovery Communications Inc. (NASDAQ:DISCA).

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.02, from 0.91 in 2017Q2. It dived, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. Town & Country National Bank & Trust Company Dba First Bankers Trust Company has 51,313 shares. Nordea Investment Mgmt has invested 0.13% in Altria Group, Inc. (NYSE:MO). Troy Asset Limited has 3.62M shares. Cue Finance Gru Inc Inc invested in 16,586 shares. Savings Bank Of America De invested 0.52% in Altria Group, Inc. (NYSE:MO). Wilbanks Smith & Thomas Asset Limited Liability holds 0.16% in Altria Group, Inc. (NYSE:MO) or 29,513 shares. Gilman Hill Asset Management Ltd holds 5,438 shares. Weatherstone Capital Management invested in 0.16% or 3,705 shares. Intact Inv Management accumulated 224,600 shares. Colonial Trust Advsrs accumulated 0.22% or 15,629 shares. 9.20M were reported by Goldman Sachs Gru. Fulton Bancshares Na reported 0.5% in Altria Group, Inc. (NYSE:MO). Boston Family Office Ltd Liability reported 0.46% in Altria Group, Inc. (NYSE:MO). Affinity Investment Advsrs Ltd Liability Co reported 184,847 shares. Lipe And Dalton invested 0.04% in Altria Group, Inc. (NYSE:MO).

Since September 21, 2017, it had 0 buys, and 3 sales for $3.37 million activity. DEVITRE DINYAR S had sold 32,000 shares worth $1.96M. Shares for $410,313 were sold by Dillard James E III.

Among 25 analysts covering Lam Research Corporation (NASDAQ:LRCX), 24 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Lam Research Corporation had 79 analyst reports since September 17, 2015 according to SRatingsIntel. The stock of Lam Research Corporation (NASDAQ:LRCX) earned “Buy” rating by Needham on Friday, October 9. As per Thursday, January 25, the company rating was maintained by Morgan Stanley. As per Thursday, October 22, the company rating was maintained by B. Riley & Co. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Thursday, December 7 by Instinet. RBC Capital Markets maintained it with “Buy” rating and $185.0 target in Monday, October 2 report. The firm has “Buy” rating given on Friday, August 12 by Citigroup. The firm earned “Buy” rating on Thursday, July 27 by B. Riley & Co. The firm earned “Buy” rating on Tuesday, June 13 by UBS. The firm earned “Buy” rating on Thursday, January 25 by Deutsche Bank. The rating was maintained by KeyBanc Capital Markets with “Buy” on Sunday, November 19.

Investors sentiment increased to 1.02 in 2017 Q3. Its up 0.04, from 0.98 in 2017Q2. It improved, as 51 investors sold LRCX shares while 238 reduced holdings. 87 funds opened positions while 207 raised stakes. 146.35 million shares or 1.92% less from 149.22 million shares in 2017Q2 were reported. Prelude Limited Liability holds 0.56% or 33,843 shares in its portfolio. Invest Centers Of America Incorporated accumulated 1,086 shares. Moreover, Amica Mutual Insur Company has 0.28% invested in Lam Research Corporation (NASDAQ:LRCX). Caisse De Depot Et Placement Du Quebec invested in 6,217 shares or 0% of the stock. Shell Asset Management invested in 0.03% or 24,769 shares. Badgley Phelps Bell reported 1.07% in Lam Research Corporation (NASDAQ:LRCX). Ssi Investment Inc holds 0.04% or 2,319 shares in its portfolio. Petrus Trust Lta holds 1,670 shares. Marietta Investment Prtnrs Ltd Company owns 62,508 shares for 3.47% of their portfolio. State Of Tennessee Treasury Department has invested 0.35% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Ccm Inv Advisers Ltd Limited Liability Company invested in 2.67% or 75,064 shares. Hillsdale Investment Inc holds 0.1% in Lam Research Corporation (NASDAQ:LRCX) or 3,100 shares. Srb invested 0.03% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Westover Ltd Liability Corp has 0.16% invested in Lam Research Corporation (NASDAQ:LRCX) for 1,477 shares. 62,500 are owned by Grantham Mayo Van Otterloo And Commerce Ltd Liability Com.

Since September 11, 2017, it had 0 insider purchases, and 11 sales for $12.77 million activity. $2.75M worth of stock was sold by ARCHER TIMOTHY on Monday, September 18. $5.47 million worth of Lam Research Corporation (NASDAQ:LRCX) was sold by Varadarajan Seshasayee on Tuesday, January 23.

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