British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 92.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,171 shares of the company’s stock after acquiring an additional 12,059 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in British American Tobacco were worth $914,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BTI. Oppenheimer Asset Management Inc. increased its position in shares of British American Tobacco by 35.6% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company’s stock valued at $7,599,000 after purchasing an additional 54,555 shares during the period. SG Americas Securities LLC increased its position in shares of British American Tobacco by 45.3% during the 4th quarter. SG Americas Securities LLC now owns 46,286 shares of the company’s stock valued at $1,681,000 after purchasing an additional 14,432 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of British American Tobacco by 25.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 131,871 shares of the company’s stock valued at $4,824,000 after purchasing an additional 26,863 shares during the period. Cerity Partners LLC increased its position in shares of British American Tobacco by 89.6% during the 3rd quarter. Cerity Partners LLC now owns 66,130 shares of the company’s stock valued at $2,419,000 after purchasing an additional 31,250 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in shares of British American Tobacco by 3,153.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock valued at $20,927,000 after purchasing an additional 554,491 shares during the period. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Price Performance

Shares of NYSE BTI opened at $39.58 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. The stock’s fifty day simple moving average is $37.78 and its 200 day simple moving average is $36.91. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $42.74.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BTI shares. StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Barclays upgraded British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. Finally, UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th.

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.