Congress Park Capital LLC Has $359,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Congress Park Capital LLC cut its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 36.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,875 shares of the company’s stock after selling 5,600 shares during the quarter. Congress Park Capital LLC’s holdings in British American Tobacco were worth $359,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc acquired a new position in shares of British American Tobacco during the 4th quarter valued at $34,000. ORG Partners LLC increased its stake in British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares in the last quarter. Kieckhefer Group LLC acquired a new position in shares of British American Tobacco during the fourth quarter valued at about $44,000. Creative Financial Designs Inc. ADV grew its stake in shares of British American Tobacco by 153.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock valued at $45,000 after buying an additional 753 shares during the period. Finally, Continuum Advisory LLC increased its position in British American Tobacco by 122.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock valued at $48,000 after buying an additional 748 shares in the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Trading Up 0.3 %

BTI opened at $35.90 on Friday. The firm has a market capitalization of $79.32 billion, a PE ratio of 7.12 and a beta of 0.52. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54. The company’s 50-day moving average is $36.74 and its 200 day moving average is $35.96.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Barclays upgraded British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Morgan Stanley lowered shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price target for the company. in a research note on Thursday, October 3rd.

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.