Bulltick Wealth Management LLC Has $7.26 Million Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Bulltick Wealth Management LLC lifted its position in British American Tobacco p.l.c. (NYSE:BTI) by 0.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 229,226 shares of the company’s stock after acquiring an additional 1,870 shares during the period. British American Tobacco comprises approximately 1.8% of Bulltick Wealth Management LLC’s holdings, making the stock its 20th largest position. Bulltick Wealth Management LLC’s holdings in British American Tobacco were worth $7,260,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in BTI. Capital Research Global Investors grew its position in British American Tobacco by 38.5% during the 4th quarter. Capital Research Global Investors now owns 15,316,688 shares of the company’s stock worth $448,625,000 after purchasing an additional 4,259,548 shares in the last quarter. Capital World Investors raised its position in British American Tobacco by 0.4% during the first quarter. Capital World Investors now owns 3,836,365 shares of the company’s stock valued at $117,009,000 after buying an additional 13,643 shares during the period. Natixis Advisors LLC lifted its stake in British American Tobacco by 29.9% in the 2nd quarter. Natixis Advisors LLC now owns 2,667,339 shares of the company’s stock worth $82,501,000 after acquiring an additional 614,634 shares in the last quarter. Raymond James & Associates boosted its position in British American Tobacco by 1.9% during the 2nd quarter. Raymond James & Associates now owns 2,279,765 shares of the company’s stock worth $70,513,000 after acquiring an additional 43,006 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of British American Tobacco by 4.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 887,911 shares of the company’s stock valued at $26,007,000 after purchasing an additional 37,359 shares during the period. Institutional investors and hedge funds own 21.44% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 11th.

British American Tobacco Price Performance

Shares of NYSE:BTI opened at $37.44 on Friday. The firm has a market cap of $83.16 billion, a price-to-earnings ratio of 7.74, a P/E/G ratio of 2.04 and a beta of 0.52. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The business has a fifty day simple moving average of $36.28 and a 200 day simple moving average of $32.51.

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.