Smith Chas P & Associates Pa Cpas Raised Altria Group (MO) Position By $5.52 Million; Pro Dex New (PDEX) Shorts Raised By 2.9%

July 17, 2017 - By Nellie Frank

Smith Chas P & Associates Pa Cpas increased Altria Group Inc (MO) stake by 52.91% reported in 2016Q4 SEC filing. Smith Chas P & Associates Pa Cpas acquired 82,407 shares as Altria Group Inc (MO)’s stock declined 2.84%. The Smith Chas P & Associates Pa Cpas holds 238,159 shares with $16.10 million value, up from 155,752 last quarter. Altria Group Inc now has $143.18B valuation. The stock declined 0.35% or $0.26 reaching $73.67 on the news. About 629,978 shares traded. Altria Group Inc (NYSE:MO) has risen 11.92% since July 17, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Pro Dex New (NASDAQ:PDEX) had an increase of 2.9% in short interest. PDEX’s SI was 14,200 shares in July as released by FINRA. Its up 2.9% from 13,800 shares previously. With 6,200 avg volume, 2 days are for Pro Dex New (NASDAQ:PDEX)’s short sellers to cover PDEX’s short positions. The SI to Pro Dex New’s float is 0.62%. It is 0.00% or $0 reaching $6 per share. It is down 38.82% since July 17, 2016 and is uptrending. It has outperformed by 22.12% the S&P500.

Among 16 analysts covering Altria Group Inc. (NYSE:MO), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. Altria Group Inc. had 27 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, September 13 by Citigroup. UBS initiated Altria Group Inc (NYSE:MO) on Friday, February 26 with “Neutral” rating. As per Wednesday, January 4, the company rating was upgraded by Bank of America. The firm has “Hold” rating given on Wednesday, September 21 by Jefferies. The firm has “Outperform” rating by Credit Agricole given on Thursday, July 30. RBC Capital Markets maintained the stock with “Sell” rating in Friday, May 26 report. CLSA maintained Altria Group Inc (NYSE:MO) rating on Thursday, September 15. CLSA has “Outperform” rating and $68 target. The rating was reinitiated by Morgan Stanley with “Equal-Weight” on Tuesday, November 29. The stock of Altria Group Inc (NYSE:MO) earned “Strong-Buy” rating by Vetr on Wednesday, September 2. The stock of Altria Group Inc (NYSE:MO) has “Sector Perform” rating given on Tuesday, November 3 by RBC Capital Markets.

Since May 8, 2017, it had 0 insider purchases, and 2 sales for $664,775 activity. $303,050 worth of Altria Group Inc (NYSE:MO) was sold by DEVITRE DINYAR S on Monday, May 8. Shares for $361,725 were sold by MUNOZ GEORGE.

Smith Chas P & Associates Pa Cpas decreased Paychex Inc Com (NASDAQ:PAYX) stake by 5,933 shares to 8,616 valued at $525,000 in 2016Q4. It also reduced Ishares Tr Intl Sel Div Etf (IDV) stake by 41,369 shares and now owns 591,264 shares. Berkshire Hathaway Inc Del Cl (BRKA) was reduced too.

Investors sentiment increased to 0.99 in 2016 Q4. Its up 0.12, from 0.87 in 2016Q3. It improved, as 54 investors sold MO shares while 525 reduced holdings. 135 funds opened positions while 440 raised stakes. 1.16 billion shares or 1.98% more from 1.14 billion shares in 2016Q3 were reported. Salient Advsr Lc has invested 0.18% in Altria Group Inc (NYSE:MO). Rathbone Brothers Public Ltd Company holds 1.41% of its portfolio in Altria Group Inc (NYSE:MO) for 415,375 shares. Puplava Finance Svcs invested in 1.81% or 41,887 shares. Keating Invest Counselors holds 23,390 shares or 0.75% of its portfolio. Central Bank Tru accumulated 12,304 shares. Pension has 1.25 million shares. 186,993 were reported by Pioneer Mgmt Inc. Atria Invests Ltd Liability Com has invested 0.34% of its portfolio in Altria Group Inc (NYSE:MO). Centre Asset Mgmt Ltd Co reported 101,710 shares. Ig Mngmt stated it has 0.5% in Altria Group Inc (NYSE:MO). Parsons Management Ri stated it has 8,881 shares. First Manhattan invested 0.32% in Altria Group Inc (NYSE:MO). Moreover, Grantham Mayo Van Otterloo Ltd Liability Co has 0.01% invested in Altria Group Inc (NYSE:MO). Spectrum Asset Management (Nb Ca) accumulated 5,878 shares or 0.39% of the stock. Lba Wealth Management Llc owns 369 shares for 0.01% of their portfolio.

Pro-Dex, Inc. designs and produces surgical and dental instruments and motion control products used in the medical, factory automation and scientific research industries. The company has market cap of $23.89 million. The Firm operates through four divisions: Pro-Dex, OMS, Fineline and Engineering Services Division (ESD). It has a 5.69 P/E ratio. The Pro-Dex segment provides primarily medical and dental instruments using shared production and assembly machines and workforce.

Since May 18, 2017, it had 0 insider purchases, and 1 sale for $5,405 activity. $5,405 worth of stock was sold by Van Kirk Richard Lee Jr on Thursday, May 18.

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