British American Tobacco p.l.c. (NYSE:BTI) Holdings Decreased by Park Avenue Securities LLC

Park Avenue Securities LLC decreased its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 7.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,002 shares of the company’s stock after selling 2,807 shares during the period. Park Avenue Securities LLC’s holdings in British American Tobacco were worth $1,207,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Larson Financial Group LLC raised its holdings in British American Tobacco by 153.7% during the first quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock worth $31,000 after purchasing an additional 610 shares in the last quarter. Mather Group LLC. lifted its holdings in shares of British American Tobacco by 4,526.9% in the second quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock valued at $37,000 after buying an additional 1,177 shares during the period. Addison Advisors LLC boosted its stake in British American Tobacco by 79.9% during the second quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock valued at $38,000 after buying an additional 545 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in British American Tobacco during the first quarter worth about $46,000. Finally, City State Bank lifted its holdings in British American Tobacco by 5,016.7% in the 1st quarter. City State Bank now owns 1,535 shares of the company’s stock valued at $47,000 after acquiring an additional 1,505 shares during the last quarter. 21.44% of the stock is currently owned by institutional investors.

British American Tobacco Trading Up 0.1 %

Shares of BTI opened at $35.22 on Wednesday. The business’s 50-day moving average price is $36.97 and its 200 day moving average price is $33.03. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $78.23 billion, a P/E ratio of 7.28, a P/E/G ratio of 1.98 and a beta of 0.52. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.54.

Wall Street Analysts Forecast Growth

BTI has been the topic of several recent research reports. Morgan Stanley cut shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective on the stock. in a research note on Thursday, October 3rd. StockNews.com cut British American Tobacco from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 11th.

British American Tobacco 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.