Prime Capital Investment Advisors LLC Has $301,000 Stake in British American Tobacco p.l.c. (NYSE:BTI)

Prime Capital Investment Advisors LLC boosted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 7.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,222 shares of the company’s stock after purchasing an additional 538 shares during the period. Prime Capital Investment Advisors LLC’s holdings in British American Tobacco were worth $301,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BTI. O Brien Greene & Co. Inc raised its holdings in British American Tobacco by 1.7% in the 2nd quarter. O Brien Greene & Co. Inc now owns 17,102 shares of the company’s stock worth $529,000 after acquiring an additional 289 shares during the period. Grove Bank & Trust increased its stake in shares of British American Tobacco by 11.0% in the third quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock worth $116,000 after purchasing 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 1st quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock worth $274,000 after purchasing an additional 363 shares during the last quarter. Greenleaf Trust boosted its stake in British American Tobacco by 1.8% during the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock valued at $776,000 after purchasing an additional 376 shares during the period. Finally, MADDEN SECURITIES Corp grew its holdings in British American Tobacco by 1.3% in the 3rd quarter. MADDEN SECURITIES Corp now owns 30,935 shares of the company’s stock valued at $1,132,000 after buying an additional 400 shares during the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

British American Tobacco Trading Up 2.5 %

Shares of NYSE:BTI opened at $36.39 on Friday. The business’s 50 day moving average is $36.16 and its 200-day moving average is $34.11. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.54.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BTI. 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. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. Finally, StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th.

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.