Private Advisor Group LLC Has $1,517,000 Position in British American Tobacco PLC (BTI)

Private Advisor Group LLC increased its stake in shares of British American Tobacco PLC (NYSEMKT:BTI) by 432.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,261 shares of the company’s stock after buying an additional 10,770 shares during the period. Private Advisor Group LLC’s holdings in British American Tobacco PLC were worth $1,517,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Cutter & CO Brokerage Inc. acquired a new stake in shares of British American Tobacco PLC during the fourth quarter valued at $213,000. Cadence Bank NA increased its stake in shares of British American Tobacco PLC by 5.6% in the fourth quarter. Cadence Bank NA now owns 2,292 shares of the company’s stock valued at $258,000 after buying an additional 121 shares during the last quarter. State Street Corp increased its stake in shares of British American Tobacco PLC by 1.1% in the fourth quarter. State Street Corp now owns 3,794 shares of the company’s stock valued at $428,000 after buying an additional 40 shares during the last quarter. ETRADE Capital Management LLC increased its stake in shares of British American Tobacco PLC by 15.7% in the third quarter. ETRADE Capital Management LLC now owns 12,145 shares of the company’s stock valued at $1,551,000 after buying an additional 1,649 shares during the last quarter. Finally, Comerica Bank increased its stake in shares of British American Tobacco PLC by 11.7% in the fourth quarter. Comerica Bank now owns 54,650 shares of the company’s stock valued at $6,296,000 after buying an additional 5,742 shares during the last quarter.

Institutional Ownership by Quarter for British American Tobacco PLC (NYSEMKT:BTI)

Shares of British American Tobacco PLC (NYSEMKT:BTI) traded down 0.46% on Friday, hitting $125.25. The stock had a trading volume of 1,573,614 shares. The firm has a market cap of $116.36 billion and a price-to-earnings ratio of 21.59. British American Tobacco PLC has a 12-month low of $105.42 and a 12-month high of $131.34. The stock has a 50 day moving average of $118.11 and a 200 day moving average of $119.04.

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Several research analysts have commented on the company. Societe Generale upgraded British American Tobacco PLC from a “hold” rating to a “buy” rating in a report on Friday, October 28th. Zacks Investment Research upgraded British American Tobacco PLC from a “sell” rating to a “hold” rating in a report on Monday, December 19th. RBC Capital Markets upgraded British American Tobacco PLC from an “underperform” rating to a “sector perform” rating in a report on Friday, January 6th. Morgan Stanley upgraded British American Tobacco PLC from an “equal weight” rating to an “overweight” rating in a report on Wednesday, November 2nd. Finally, upgraded British American Tobacco PLC from an “underperform” rating to an “outperform” rating in a report on Monday, November 21st. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. British American Tobacco PLC has an average rating of “Buy” and a consensus price target of $121.50.

About British American Tobacco PLC

British American Tobacco p.l.c. is a tobacco company. The Company is engaged in manufacturing and marketing cigarettes and other tobacco products. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA). The Company’s brands include Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.

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