Addison Advisors LLC Has $38,000 Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Addison Advisors LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 79.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,227 shares of the company’s stock after buying an additional 545 shares during the quarter. Addison Advisors LLC’s holdings in British American Tobacco were worth $38,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BTI. Heritage Wealth Advisors acquired a new stake in British American Tobacco in the fourth quarter valued at about $26,000. Cape Investment Advisory Inc. boosted its stake in British American Tobacco by 92.7% in the fourth quarter. Cape Investment Advisory Inc. now owns 1,060 shares of the company’s stock valued at $31,000 after buying an additional 510 shares in the last quarter. Larson Financial Group LLC boosted its stake in British American Tobacco by 153.7% in the first quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock valued at $31,000 after buying an additional 610 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of British American Tobacco by 83.8% during the fourth quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company’s stock valued at $35,000 after purchasing an additional 550 shares in the last quarter. Finally, Mather Group LLC. boosted its stake in shares of British American Tobacco by 4,526.9% during the second quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock valued at $37,000 after purchasing an additional 1,177 shares in the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered British American Tobacco from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 11th.

British American Tobacco Price Performance

Shares of BTI stock opened at $38.62 on Friday. The business’s 50-day moving average price is $34.90 and its 200-day moving average price is $31.92. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $38.68. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58.

About British American Tobacco

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.