NBC Securities Inc. lifted its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 173,100.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,732 shares of the company’s stock after acquiring an additional 1,731 shares during the quarter. NBC Securities Inc.’s holdings in British American Tobacco were worth $71,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. SRS Capital Advisors Inc. lifted its holdings in shares of British American Tobacco by 294.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after acquiring an additional 525 shares in the last quarter. Ameriflex Group Inc. acquired a new position in British American Tobacco in the 4th quarter worth $26,000. Kohmann Bosshard Financial Services LLC acquired a new position in British American Tobacco in the 4th quarter worth $27,000. Cullen Frost Bankers Inc. lifted its holdings in British American Tobacco by 334.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company’s stock worth $40,000 after buying an additional 846 shares in the last quarter. Finally, Duncker Streett & Co. Inc. lifted its holdings in British American Tobacco by 43.1% in the 4th quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company’s stock worth $45,000 after buying an additional 374 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have commented on BTI. Wall Street Zen upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday, February 17th. Bank of America began coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They issued a “buy” rating on the stock. One analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.00.
British American Tobacco Stock Performance
Shares of British American Tobacco stock opened at $48.74 on Thursday. The firm has a market cap of $100.75 billion, a PE ratio of 10.01 and a beta of 0.31. The firm’s 50-day simple moving average is $43.38 and its 200-day simple moving average is $40.29. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. British American Tobacco p.l.c. has a 1 year low of $30.33 and a 1 year high of $48.78.
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.
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