British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by Mitchell & Pahl Private Wealth LLC

Mitchell & Pahl Private Wealth LLC increased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 5.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,438 shares of the company’s stock after acquiring an additional 1,437 shares during the quarter. Mitchell & Pahl Private Wealth LLC’s holdings in British American Tobacco were worth $997,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BTI. ORG Partners LLC raised its position in British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares during the period. First City Capital Management Inc. grew its stake in shares of British American Tobacco by 2.8% in the third quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock valued at $398,000 after buying an additional 300 shares in the last quarter. Grove Bank & Trust raised its holdings in shares of British American Tobacco by 11.0% in the 3rd quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock valued at $116,000 after buying an additional 314 shares during the period. Greenleaf Trust boosted its holdings in British American Tobacco by 1.8% during the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock valued at $776,000 after acquiring an additional 376 shares during the period. Finally, MADDEN SECURITIES Corp grew its position in British American Tobacco by 1.3% in the 3rd quarter. MADDEN SECURITIES Corp now owns 30,935 shares of the company’s stock valued at $1,132,000 after acquiring an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Up 1.2 %

Shares of British American Tobacco stock opened at $36.32 on Tuesday. The business has a 50-day simple moving average of $36.77 and a 200-day simple moving average of $36.06. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $39.54. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58.

Wall Street Analysts Forecast Growth

BTI has been the subject of several recent research reports. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. Morgan Stanley downgraded shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price target for the company. in a research note on Thursday, October 3rd. Finally, StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

British American Tobacco Company 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.