MADDEN SECURITIES Corp Purchases 3,375 Shares of British American Tobacco p.l.c. (NYSE:BTI)

MADDEN SECURITIES Corp boosted its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 10.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,310 shares of the company’s stock after buying an additional 3,375 shares during the quarter. MADDEN SECURITIES Corp’s holdings in British American Tobacco were worth $1,246,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc purchased a new position in British American Tobacco during the 4th quarter valued at about $34,000. ORG Partners LLC increased its stake in shares of British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after buying an additional 299 shares during the period. Kieckhefer Group LLC bought a new position in shares of British American Tobacco during the fourth quarter valued at approximately $44,000. Creative Financial Designs Inc. ADV boosted its holdings in British American Tobacco by 153.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock valued at $45,000 after acquiring an additional 753 shares in the last quarter. Finally, Continuum Advisory LLC increased its position in British American Tobacco by 122.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock valued at $48,000 after purchasing an additional 748 shares during the period. Institutional investors own 16.16% of the company’s stock.

Wall Street Analysts Forecast Growth

BTI has been the subject of several research analyst reports. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

British American Tobacco Price Performance

NYSE:BTI opened at $42.31 on Tuesday. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $42.31. The firm’s 50-day moving average price is $37.47 and its 200-day moving average price is $36.76. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

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.