Kestra Private Wealth Services LLC cut its position in shares of British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 14.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,849 shares of the company’s stock after selling 2,592 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in British American Tobacco were worth $464,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in BTI. Altrius Capital Management Inc grew its holdings in shares of British American Tobacco by 11.6% in the fourth quarter. Altrius Capital Management Inc now owns 209,811 shares of the company’s stock valued at $6,145,000 after acquiring an additional 21,817 shares in the last quarter. Intrust Bank NA increased its holdings in British American Tobacco by 3.5% during the fourth quarter. Intrust Bank NA now owns 11,347 shares of the company’s stock worth $332,000 after buying an additional 380 shares during the last quarter. Avaii Wealth Management LLC boosted its stake in British American Tobacco by 61.8% in the fourth quarter. Avaii Wealth Management LLC now owns 10,315 shares of the company’s stock valued at $302,000 after acquiring an additional 3,939 shares during the last quarter. Silver Oak Securities Incorporated grew its position in shares of British American Tobacco by 9.9% during the 4th quarter. Silver Oak Securities Incorporated now owns 10,693 shares of the company’s stock valued at $313,000 after acquiring an additional 965 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of British American Tobacco by 83.8% during the 4th quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company’s stock worth $35,000 after purchasing an additional 550 shares during the last quarter. 21.44% of the stock is owned by institutional investors.
British American Tobacco Trading Up 0.5 %
Shares of NYSE:BTI opened at $29.95 on Tuesday. The company has a 50-day moving average price of $29.77 and a two-hundred day moving average price of $30.09. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $35.85. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67.
British American Tobacco Announces Dividend
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a report on Monday.
Check Out Our Latest Report on British American Tobacco
British American Tobacco Company Profile
British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.
Further Reading
- Five stocks we like better than British American Tobacco
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 3 CEO-Led Turnaround Stocks You Can Still Buy
- How to Invest in Blue Chip Stocks
- 3 Value Stocks You Can Buy Before They Become Big
- Are Penny Stocks a Good Fit for Your Portfolio?
- Chinese Stocks Stage Impressive Rebound
Receive News & Ratings for British American Tobacco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco and related companies with MarketBeat.com's FREE daily email newsletter.