Engineers Gate Manager LP Sells 85,859 Shares of Altria Group, Inc. $MO

Engineers Gate Manager LP significantly reduced its stake in Altria Group by 60.9% in the second quarter, selling 85,859 shares and retaining 55,173 shares valued at approximately $3.97 million. Despite mixed analyst sentiment and concerns about declining oral tobacco revenue, Altria increased its quarterly dividend, now yielding 6.4% annually, and its latest quarterly revenue rose 1.2% year over year. Institutional investors collectively own 57.41% of Altria's stock, and a director recently mad