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Altria's strong earnings and high dividend attract hedge funds despite analysts' "Hold" rating.
Several hedge funds increased their stakes in Altria Group, despite a "Hold" consensus rating from analysts.
Altria reported an EPS of $1.38, surpassing expectations, with a revenue rise of 18.6% to $6.26 billion.
The company, known for its Marlboro cigarettes and NJOY ACE e-vapor products, has a dividend yield of 7.65%.
Institutional investors own 57.41% of Altria's stock, and its market cap stands at $90.43 billion.
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Las fuertes ganancias y los altos dividendos de Altria atraen fondos de cobertura a pesar de la calificación de "Retener" de los analistas.