NYSE:MOTobacco
Victory Capital Ups Altria Stake As Dividend Questions Persist
Victory Capital Management has increased its stake in Altria Group (NYSE:MO), signaling fresh institutional interest in the tobacco company.
The move comes as Altria continues to operate under persistent regulatory and public health scrutiny affecting the broader tobacco sector.
This change in ownership arrives while recent discussions focus on dividend sustainability and reaffirmed guidance from the company.
Altria, the parent company behind Marlboro cigarettes in the US, sits at the...