Aaron Wealth Advisors LLC Buys 1,490 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Aaron Wealth Advisors LLC lifted its position in British American Tobacco p.l.c. (NYSE:BTI) by 12.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,360 shares of the company’s stock after acquiring an additional 1,490 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in British American Tobacco were worth $485,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC increased its stake in British American Tobacco by 21.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 12,045 shares of the company’s stock valued at $437,000 after buying an additional 2,146 shares during the last quarter. Financial & Tax Architects LLC lifted its holdings in British American Tobacco by 13.0% during the fourth quarter. Financial & Tax Architects LLC now owns 16,199 shares of the company’s stock worth $588,000 after acquiring an additional 1,864 shares during the period. Brooklyn Investment Group boosted its position in British American Tobacco by 274.0% in the fourth quarter. Brooklyn Investment Group now owns 1,541 shares of the company’s stock worth $56,000 after purchasing an additional 1,129 shares during the last quarter. Ritholtz Wealth Management increased its position in shares of British American Tobacco by 11.8% during the 4th quarter. Ritholtz Wealth Management now owns 174,231 shares of the company’s stock valued at $6,328,000 after purchasing an additional 18,410 shares during the last quarter. Finally, Gateway Investment Advisers LLC raised its stake in shares of British American Tobacco by 21.4% during the 4th quarter. Gateway Investment Advisers LLC now owns 312,703 shares of the company’s stock worth $11,357,000 after purchasing an additional 55,078 shares during the period. Hedge funds and other institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Performance

Shares of BTI stock opened at $36.32 on Monday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54. The company’s fifty day simple moving average is $36.77 and its two-hundred day simple moving average is $36.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BTI shares. Morgan Stanley downgraded shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective for the company. in a report on Thursday, October 3rd. Barclays raised British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. Finally, StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

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.