Teamwork Financial Advisors LLC Makes New $217,000 Investment in British American Tobacco p.l.c. (NYSE:BTI)

Teamwork Financial Advisors LLC bought a new stake in British American Tobacco p.l.c. (NYSE:BTI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,942 shares of the company’s stock, valued at approximately $217,000.

Several other hedge funds and other institutional investors have also bought and sold shares of BTI. O Brien Greene & Co. Inc lifted its stake in shares of British American Tobacco by 1.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 17,102 shares of the company’s stock valued at $529,000 after buying an additional 289 shares in the last quarter. Grove Bank & Trust raised its holdings in British American Tobacco by 11.0% during the 3rd quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock valued at $116,000 after acquiring an additional 314 shares during the period. 1832 Asset Management L.P. lifted its position in shares of British American Tobacco by 4.2% during the first quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock worth $274,000 after acquiring an additional 363 shares in the last quarter. MADDEN SECURITIES Corp grew its position in shares of British American Tobacco by 1.3% in the third quarter. MADDEN SECURITIES Corp now owns 30,935 shares of the company’s stock valued at $1,132,000 after purchasing an additional 400 shares in the last quarter. Finally, City State Bank raised its stake in shares of British American Tobacco by 26.6% during the 3rd quarter. City State Bank now owns 1,905 shares of the company’s stock valued at $70,000 after purchasing an additional 400 shares during the period. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Stock Down 2.5 %

Shares of NYSE:BTI opened at $34.50 on Friday. The firm has a fifty day moving average of $36.90 and a 200 day moving average of $33.31. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $39.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. The firm has a market capitalization of $76.62 billion, a PE ratio of 7.14 and a beta of 0.52.

Analyst Ratings Changes

A number of research analysts have weighed in on BTI shares. StockNews.com lowered British American Tobacco from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 11th. Morgan Stanley lowered shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price on the stock. in a report on Thursday, October 3rd.

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.