Park Place Capital Corp Increases Stake in Altria Group

Business by 2FIRSTS.ai

Nov.03.2023

Park Place Capital Corp Increases Stake in Altria Group

Park Place Capital Corp increased its stake in Altria Group by 278.5% in the second quarter, according to Riverton Roll.

According to a report by the American media outlet Riverton Roll on November 1st, Park Place Capital Corp has revealed in its recent 13F filing with the US Securities and Exchange Commission that the company increased its stake in Altria Group by 278.5% during the second quarter.

During this period, Park Place increased its holdings in the company by 1,958 shares, bringing its total holdings to 2,661 shares. Currently, the company holds stocks of Occhia Group valued at $12.1 million.

Park Prices is an American investment advisory company, according to its latest filing with the U.S. Securities and Exchange Commission, Park Prices' stake in Altria Group is valued at $121,000.

Several other institutional investors and hedge funds have recently adjusted their holdings in Altria Group. Loomis Sayles & Co. LP purchased new shares of Altria Group in the first quarter, amounting to approximately $25,000. Northwest Bank & Trust Co acquired new shares of Altria Group in the second quarter, valued at around $27,000.

Ellevest Inc., a limited company, increased its stake in Altria Group by 346.7% in the first quarter. Ellevest now holds 670 shares of the company, worth $30,000, after purchasing an additional 520 shares in the previous quarter. NewSquare Capital LLC, in the first quarter, increased its holdings of Altria Group stock by 153.8%. During this period, NewSquare purchased an additional 443 shares and currently holds 731 shares of the company, worth $33,000. Lastly, Jefferies Financial Group Inc. acquired a new position in Altria stock during the fourth quarter, valued at approximately $34,000.

Institutional investors and hedge funds collectively hold 58.94% of the company's shares.

References:

[1] Park Place Capital Corp Has $121,000 Stock Holdings in Altria Group, Inc. (NYSE:MO)

Also Read:

[1] Decline of Altria's Stock and Rise of E-Cigarettes

[2] Altria's Q3 Report: Decline in Revenue, E-cigarette Business Growth

[3] Altria Group Q3 Financial Report: Analysts Predict $1.30 Earnings

#Altria

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn

Notice

1. This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2. The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3. This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4. Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

Copyright

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

AI Assistance Disclaimer

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Product | VOZOL Launches Two SLEEK-Series Devices Compatible with Mesh and Ceramic Coils

VOZOL expands its SLEEK line with the SLEEK VISION e-cigarette, which uses the same series pods and supports both mesh and ceramic coils. SLEEK VISION features a boxier design with a 0.99-inch display for battery level and mode, and upgrades the battery to 900 mAh (vs. 600 mAh on SLEEK).

Nov.11 by 2FIRSTS.ai

Thailand Seizes Over 42,000 Illegal Vapes Worth USD 340,000

Thai authorities announced the seizure of more than 42,000 smuggled vapes worth approximately THB 10.87 million (USD 340,000).

Dec.12 by 2FIRSTS.ai

Saratov Governor Supports Russian Nationwide Ban on E-Cigarette Sales

Governor of Saratov Oblast, announced on his official Telegram channel that he fully supports a nationwide ban on the sale of e-cigarettes. Busargin noted that while restrictions on such products have long been in place, enforcement remains weak and health experts continue to warn of the risks posed to children. He stressed that economic interests must not outweigh public health and said Saratov is ready to enforce a ban once regional powers are granted.

Nov.17 by 2FIRSTS.ai

Smoking Rate Drops to 17.9%, Vaping Rate Climbs to 9.3% in South Korea

The Korea Disease Control and Prevention Agency (KDCA) released its 2025 Community Health Survey results covering more than 230,000 adults. Traditional cigarette smoking dropped to 17.9%, down 1 percentage point from last year, while e-cigarette use increased to 9.3%, up 0.6 points. Overall tobacco product use stood at 22.1%, a slight decline from 2024 but still 0.5 points higher than 2019.