Arlington Partners LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 4.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 120,492 shares of the company’s stock after acquiring an additional 4,610 shares during the quarter. British American Tobacco accounts for approximately 1.7% of Arlington Partners LLC’s investment portfolio, making the stock its 16th biggest holding. Arlington Partners LLC’s holdings in British American Tobacco were worth $4,376,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. MBA Advisors LLC bought a new position in British American Tobacco in the 4th quarter valued at about $205,000. Savant Capital LLC lifted its position in shares of British American Tobacco by 30.9% during the 4th quarter. Savant Capital LLC now owns 10,392 shares of the company’s stock worth $377,000 after buying an additional 2,456 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of British American Tobacco by 92.0% during the 4th quarter. Kestra Private Wealth Services LLC now owns 25,171 shares of the company’s stock worth $914,000 after buying an additional 12,059 shares in the last quarter. D Orazio & Associates Inc. lifted its position in shares of British American Tobacco by 6.8% during the 4th quarter. D Orazio & Associates Inc. now owns 12,721 shares of the company’s stock worth $462,000 after buying an additional 809 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of British American Tobacco by 6.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 13,288 shares of the company’s stock worth $483,000 after buying an additional 789 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.
Analyst Upgrades and Downgrades
BTI has been the topic of several recent analyst reports. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th. StockNews.com cut shares of British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Barclays raised shares of British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th.
British American Tobacco Trading Up 0.3 %
NYSE:BTI opened at $41.76 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The firm’s 50 day moving average is $37.47 and its 200 day moving average is $36.74. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $41.79.
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.
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