British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by Bulltick Wealth Management LLC

Bulltick Wealth Management LLC lifted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 0.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 229,226 shares of the company’s stock after purchasing an additional 1,870 shares during the quarter. British American Tobacco accounts for approximately 1.8% of Bulltick Wealth Management LLC’s holdings, making the stock its 20th largest position. Bulltick Wealth Management LLC’s holdings in British American Tobacco were worth $7,260,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BTI. Heritage Wealth Advisors bought a new position in British American Tobacco in the 4th quarter valued at about $26,000. Larson Financial Group LLC increased its stake in shares of British American Tobacco by 153.7% during the first quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock valued at $31,000 after acquiring an additional 610 shares during the period. Cape Investment Advisory Inc. raised its holdings in British American Tobacco by 92.7% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,060 shares of the company’s stock worth $31,000 after purchasing an additional 510 shares in the last quarter. Mather Group LLC. lifted its position in British American Tobacco by 4,526.9% in the second quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock worth $37,000 after purchasing an additional 1,177 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in British American Tobacco by 83.8% during the 4th quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company’s stock valued at $35,000 after purchasing an additional 550 shares in the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com cut British American Tobacco from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 11th.

British American Tobacco Stock Down 0.3 %

BTI stock opened at $37.44 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. The firm has a market cap of $83.16 billion, a PE ratio of 7.74, a P/E/G ratio of 2.04 and a beta of 0.52. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $39.54. The firm has a 50 day simple moving average of $36.28 and a 200 day simple moving average of $32.51.

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.