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Major investors cut stakes in Altria, despite the tobacco firm slightly beating earnings.
Several institutional investors have reduced their holdings in Altria Group, Inc. (NYSE:MO), including Capital World Investors, which decreased its stake by 2.9%.
Altria, known for its Marlboro cigarettes and other tobacco products, reported a slight beat in its latest earnings at $1.29 EPS.
The stock has a market cap of $98.27 billion and a P/E ratio of 8.87, with a buy rating and an average target price of $54.
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Los principales inversores recortaron sus participaciones en Altria, a pesar de que la empresa tabacalera superó ligeramente las ganancias.