VIRGINIA RETIREMENT SYSTEMS ET Al Invests $88.39 Million in Altria Group, Inc. $MO

Virginia Retirement Systems acquired a new stake of 1.23 million shares in Altria Group, Inc. (NYSE:MO) valued at approximately $88.39 million during the second quarter. This investment is part of broader institutional ownership, with 57.41% of Altria's stock held by institutional investors. Altria recently increased its quarterly dividend to $1.11, offering a 6.5% yield, and analysts currently rate the stock as a "Hold" with an average price target of $70.11.