Ritholtz Wealth Management Buys 18,410 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Ritholtz Wealth Management boosted its stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 11.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 174,231 shares of the company's stock after buying an additional 18,410 shares during the period. Ritholtz Wealth Management's holdings in British American Tobacco were worth $6,328,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. ORG Partners LLC lifted its holdings 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 purchasing an additional 299 shares in the last quarter. First City Capital Management Inc. lifted its stake in British American Tobacco by 2.8% during the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company's stock valued at $398,000 after acquiring an additional 300 shares during the period. Grove Bank & Trust boosted its holdings in shares of 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 last quarter. Greenleaf Trust grew its stake in shares of British American Tobacco by 1.8% in the third quarter. Greenleaf Trust now owns 21,211 shares of the company's stock worth $776,000 after acquiring an additional 376 shares during the period. Finally, MADDEN SECURITIES Corp lifted its position in British American Tobacco by 1.3% during 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 during the period. 16.16% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on BTI shares. StockNews.com downgraded shares of British American Tobacco from a "buy" rating to a "hold" rating in a research report on Tuesday, November 12th. Morgan Stanley cut British American Tobacco from an "overweight" rating to an "underweight" rating and set a $33.00 price objective for the company. in a research report on Thursday, October 3rd. Finally, Barclays raised British American Tobacco to a "strong-buy" rating in a research report on Thursday, October 17th.

British American Tobacco Trading Up 1.2 %

BTI traded up $0.43 during trading on Friday, hitting $36.32. The company's stock had a trading volume of 3,859,219 shares, compared to its average volume of 4,422,424. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $39.54. The business's 50 day simple moving average is $36.75 and its 200-day simple moving average is $35.96. 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.