First Bank & Trust Has $1.60 Million Stake in British American Tobacco p.l.c. (NYSE:BTI)

First Bank & Trust boosted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 30.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 52,526 shares of the company’s stock after buying an additional 12,166 shares during the quarter. First Bank & Trust’s holdings in British American Tobacco were worth $1,602,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Research Global Investors boosted its holdings in British American Tobacco by 38.5% in the fourth quarter. Capital Research Global Investors now owns 15,316,688 shares of the company’s stock valued at $448,625,000 after acquiring an additional 4,259,548 shares during the last quarter. Natixis Advisors L.P. increased its position in shares of British American Tobacco by 15.2% during the fourth quarter. Natixis Advisors L.P. now owns 2,099,969 shares of the company’s stock worth $61,508,000 after buying an additional 276,890 shares during the period. Pacer Advisors Inc. raised its stake in British American Tobacco by 24.8% during the fourth quarter. Pacer Advisors Inc. now owns 1,845,788 shares of the company’s stock worth $54,063,000 after buying an additional 366,692 shares during the last quarter. Royal Bank of Canada boosted its position in British American Tobacco by 3.4% during the third quarter. Royal Bank of Canada now owns 1,829,619 shares of the company’s stock valued at $57,468,000 after acquiring an additional 59,579 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in British American Tobacco by 14.8% during the 3rd quarter. Northern Trust Corp now owns 1,675,416 shares of the company’s stock worth $52,625,000 after acquiring an additional 215,472 shares during the period. Institutional investors own 21.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research note on Monday, May 6th.

British American Tobacco Price Performance

Shares of NYSE:BTI traded up $0.03 during mid-day trading on Friday, hitting $30.93. The company had a trading volume of 4,161,424 shares, compared to its average volume of 4,274,120. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $34.28. The firm has a fifty day moving average price of $30.71 and a 200 day moving average price of $30.17. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.59 and a current ratio of 0.91.

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.