Optimist Retirement Group LLC Has $2.18 Million Position in British American Tobacco p.l.c. (NYSE:BTI)

Optimist Retirement Group LLC reduced its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,904 shares of the company’s stock after selling 2,092 shares during the period. British American Tobacco comprises 1.0% of Optimist Retirement Group LLC’s investment portfolio, making the stock its 25th largest holding. Optimist Retirement Group LLC’s holdings in British American Tobacco were worth $2,176,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Key Client Fiduciary Advisors LLC increased its position in British American Tobacco by 2.0% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock valued at $547,000 after acquiring an additional 295 shares during the period. ORG Partners LLC grew its stake in shares of British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after purchasing an additional 299 shares during the last quarter. First City Capital Management Inc. raised its position in British American Tobacco by 2.8% during the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock worth $398,000 after purchasing an additional 300 shares during the last quarter. Grove Bank & Trust lifted its holdings in British American Tobacco by 11.0% during the 3rd quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock worth $116,000 after buying an additional 314 shares during the period. Finally, Greenleaf Trust grew its position in shares of British American Tobacco by 1.8% in the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock valued at $776,000 after buying an additional 376 shares during the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on BTI shares. Barclays raised British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th.

British American Tobacco Price Performance

Shares of BTI opened at $41.16 on Thursday. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $41.16. The business’s 50 day moving average price is $37.25 and its two-hundred day moving average price is $36.59. 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 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.