GW Henssler & Associates Ltd. Sells 3,985 Shares of British American Tobacco p.l.c. (NYSE:BTI)

GW Henssler & Associates Ltd. trimmed its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 368,086 shares of the company’s stock after selling 3,985 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in British American Tobacco were worth $13,465,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc bought a new stake in shares of British American Tobacco during the fourth quarter worth approximately $34,000. ORG Partners LLC boosted its stake in British American Tobacco by 35.1% in the 4th 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. Kieckhefer Group LLC acquired a new position in British American Tobacco in the 4th quarter valued at $44,000. Creative Financial Designs Inc. ADV increased its position in British American Tobacco by 153.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after buying an additional 753 shares during the period. Finally, Continuum Advisory LLC lifted its holdings in shares of British American Tobacco by 122.8% during the third quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock worth $48,000 after buying an additional 748 shares in the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Price Performance

Shares of BTI stock opened at $39.64 on Monday. The business’s 50-day moving average price is $37.15 and its 200-day moving average price is $36.47. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $39.85. 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 a number of recent research reports. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th. Finally, StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a report 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.