British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by Greenleaf Trust

Greenleaf Trust increased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 1.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,211 shares of the company’s stock after acquiring an additional 376 shares during the period. Greenleaf Trust’s holdings in British American Tobacco were worth $776,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Symphony Financial Ltd. Co. acquired a new position in British American Tobacco during the third quarter worth $349,000. Signaturefd LLC grew its holdings in British American Tobacco by 15.2% during the third quarter. Signaturefd LLC now owns 41,791 shares of the company’s stock worth $1,529,000 after acquiring an additional 5,519 shares during the period. Sequoia Financial Advisors LLC grew its holdings in British American Tobacco by 4.7% in the third quarter. Sequoia Financial Advisors LLC now owns 11,459 shares of the company’s stock valued at $419,000 after purchasing an additional 514 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in British American Tobacco by 14.8% in the third quarter. Foundations Investment Advisors LLC now owns 149,771 shares of the company’s stock valued at $5,479,000 after purchasing an additional 19,345 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in British American Tobacco by 28.9% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 4,131 shares of the company’s stock valued at $151,000 after purchasing an additional 927 shares during the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

British American Tobacco Price Performance

BTI stock opened at $34.65 on Friday. 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 1 year low of $28.25 and a 1 year high of $39.54. The firm has a market cap of $76.95 billion, a P/E ratio of 7.17 and a beta of 0.52. The stock has a 50-day simple moving average of $36.81 and a 200-day simple moving average of $33.43.

Wall Street Analysts Forecast Growth

BTI has been the topic of several recent analyst reports. StockNews.com downgraded British American Tobacco from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 11th. Barclays upgraded British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Morgan Stanley downgraded British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective on the stock. in a report on Thursday, October 3rd.

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.