Linden Thomas Advisory Services LLC Has $608,000 Stock Holdings in British American Tobacco p.l.c. $BTI

Linden Thomas Advisory Services LLC decreased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 18.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,853 shares of the company’s stock after selling 2,925 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in British American Tobacco were worth $608,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its position in British American Tobacco by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 610 shares of the company’s stock worth $25,000 after buying an additional 305 shares during the period. Rosenberg Matthew Hamilton increased its position in British American Tobacco by 87.0% during the 1st quarter. Rosenberg Matthew Hamilton now owns 602 shares of the company’s stock worth $25,000 after buying an additional 280 shares during the period. Mather Group LLC. increased its position in British American Tobacco by 292.7% during the 1st quarter. Mather Group LLC. now owns 644 shares of the company’s stock worth $27,000 after buying an additional 480 shares during the period. Pandora Wealth Inc. bought a new position in British American Tobacco during the 1st quarter worth $32,000. Finally, Bessemer Group Inc. increased its position in British American Tobacco by 232.4% during the 1st quarter. Bessemer Group Inc. now owns 1,117 shares of the company’s stock worth $45,000 after buying an additional 781 shares during the period. Institutional investors own 16.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Argus upgraded British American Tobacco from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a research report on Monday, September 8th. Jefferies Financial Group assumed coverage on British American Tobacco in a research report on Wednesday, July 9th. They issued a “buy” rating on the stock. Morgan Stanley restated an “underweight” rating and issued a $40.00 price target on shares of British American Tobacco in a research report on Friday, August 15th. Weiss Ratings restated a “hold (c+)” rating on shares of British American Tobacco in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada cut British American Tobacco from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, September 2nd. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $51.00.

British American Tobacco Stock Performance

Shares of BTI stock opened at $52.13 on Tuesday. The business’s 50-day moving average price is $54.12 and its 200-day moving average price is $50.05. British American Tobacco p.l.c. has a 12 month low of $34.24 and a 12 month high of $59.29. The firm has a market capitalization of $107.13 billion, a price-to-earnings ratio of 10.73, a PEG ratio of 3.67 and a beta of 0.42. The company has a current ratio of 0.87, a quick ratio of 0.55 and a debt-to-equity ratio of 0.68.

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.