British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by Ted Buchan & Co

Ted Buchan & Co increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 69.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,504 shares of the company’s stock after buying an additional 7,601 shares during the quarter. Ted Buchan & Co’s holdings in British American Tobacco were worth $677,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. O Brien Greene & Co. Inc boosted its position in British American Tobacco by 1.7% in the 2nd quarter. O Brien Greene & Co. Inc now owns 17,102 shares of the company’s stock worth $529,000 after purchasing an additional 289 shares in the last quarter. Grove Bank & Trust raised its position in shares of British American Tobacco by 11.0% in the third quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock worth $116,000 after acquiring an additional 314 shares during the period. 1832 Asset Management L.P. grew its position in shares of British American Tobacco by 4.2% during the 1st quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock valued at $274,000 after acquiring an additional 363 shares during the period. Greenleaf Trust raised its holdings in British American Tobacco by 1.8% in the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock worth $776,000 after purchasing an additional 376 shares during the period. Finally, MADDEN SECURITIES Corp boosted its position in British American Tobacco by 1.3% during the third quarter. MADDEN SECURITIES Corp now owns 30,935 shares of the company’s stock worth $1,132,000 after purchasing an additional 400 shares in the last quarter. 21.44% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Stock Down 0.0 %

NYSE BTI opened at $35.39 on Friday. The business has a fifty day moving average price of $36.42 and a 200 day moving average price of $33.90. 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 one year low of $28.25 and a one year high of $39.54.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BTI shares. StockNews.com downgraded British American Tobacco from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 11th. Morgan Stanley downgraded 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 report on Thursday, October 3rd. Finally, Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th.

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.