British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by City State Bank

City State Bank boosted its position in British American Tobacco p.l.c. (NYSE:BTI) by 26.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,905 shares of the company’s stock after purchasing an additional 400 shares during the period. City State Bank’s holdings in British American Tobacco were worth $70,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC raised its stake in shares of British American Tobacco by 153.7% during the 1st quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock worth $31,000 after buying an additional 610 shares during the last quarter. Mather Group LLC. raised its position in British American Tobacco by 4,526.9% during the second quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock worth $37,000 after acquiring an additional 1,177 shares during the last quarter. Addison Advisors LLC lifted its holdings in shares of British American Tobacco by 79.9% in the second quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock valued at $38,000 after purchasing an additional 545 shares in the last quarter. Pathway Financial Advisers LLC acquired a new stake in shares of British American Tobacco in the first quarter valued at approximately $46,000. Finally, GAMMA Investing LLC lifted its stake in British American Tobacco by 79.3% in the 1st quarter. GAMMA Investing LLC now owns 2,085 shares of the company’s stock valued at $64,000 after buying an additional 922 shares in the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Trading Up 0.2 %

Shares of British American Tobacco stock opened at $35.18 on Monday. 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 business’s fifty day moving average is $36.91 and its two-hundred day moving average is $33.18.

Wall Street Analyst Weigh In

BTI has been the subject of a number of analyst reports. Morgan Stanley cut British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price target for the company. in a report on Thursday, October 3rd. StockNews.com downgraded shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 11th.

About British American Tobacco

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.