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Investors boosted stakes in Altria after strong earnings and a high dividend yield.
Congress Wealth Management and Mitsubishi UFJ Asset Management increased their stakes in Altria Group during the fourth quarter, following the company's strong earnings report that beat estimates.
Altria reported an EPS of $1.29 and recently declared a $1.02 quarterly dividend, yielding 7.00%.
The company, with a market cap of $98.60 billion, is forecast to post 5.32 EPS for the year.
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Los inversores aumentaron las participaciones en Altria después de fuertes ganancias y un alto rendimiento de dividendos.