Larson Financial Group LLC Has $439,000 Position in British American Tobacco p.l.c. (NYSE:BTI)

Larson Financial Group LLC grew its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 238.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,003 shares of the company’s stock after buying an additional 8,454 shares during the period. Larson Financial Group LLC’s holdings in British American Tobacco were worth $439,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. raised its stake in British American Tobacco by 131.8% in the 1st quarter. Russell Investments Group Ltd. now owns 2,796 shares of the company’s stock worth $85,000 after purchasing an additional 1,590 shares in the last quarter. Silvercrest Asset Management Group LLC boosted its stake in shares of British American Tobacco by 0.7% in the first quarter. Silvercrest Asset Management Group LLC now owns 148,149 shares of the company’s stock valued at $4,519,000 after buying an additional 976 shares during the period. Bluefin Capital Management LLC grew its position in British American Tobacco by 50.0% during the first quarter. Bluefin Capital Management LLC now owns 12,300 shares of the company’s stock worth $375,000 after buying an additional 4,100 shares in the last quarter. Atria Investments Inc increased its stake in British American Tobacco by 19.5% during the 1st quarter. Atria Investments Inc now owns 74,416 shares of the company’s stock worth $2,270,000 after acquiring an additional 12,150 shares during the period. Finally, First City Capital Management Inc. raised its holdings in British American Tobacco by 5.5% in the 1st quarter. First City Capital Management Inc. now owns 11,590 shares of the company’s stock valued at $353,000 after acquiring an additional 600 shares in the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

British American Tobacco Stock Up 1.0 %

Shares of BTI stock opened at $37.71 on Wednesday. The business has a fifty day simple moving average of $35.90 and a 200 day simple moving average of $34.52. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $39.54.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BTI. Barclays raised British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. Morgan Stanley lowered shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price on the stock. in a report on Thursday, October 3rd. Finally, StockNews.com downgraded shares of British American Tobacco from a “buy” rating to a “hold” rating in a report 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.