British American Tobacco p.l.c. $BTI Shares Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC boosted its stake in British American Tobacco p.l.c. (NYSE:BTI) by 130.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,345 shares of the company’s stock after buying an additional 10,390 shares during the period. Personal CFO Solutions LLC’s holdings in British American Tobacco were worth $1,088,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of BTI. First Command Advisory Services Inc. raised its stake in shares of British American Tobacco by 1,386.7% in the 4th quarter. First Command Advisory Services Inc. now owns 446 shares of the company’s stock valued at $25,000 after acquiring an additional 416 shares during the period. Glen Eagle Advisors LLC purchased a new position in shares of British American Tobacco during the 4th quarter worth approximately $26,000. Cary Street Partners Financial LLC acquired a new stake in British American Tobacco in the 2nd quarter valued at approximately $30,000. SHP Wealth Management acquired a new stake in British American Tobacco in the 4th quarter valued at approximately $35,000. Finally, Cornerstone Planning Group LLC raised its position in British American Tobacco by 141.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 591 shares of the company’s stock valued at $36,000 after purchasing an additional 346 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Stock Performance

NYSE:BTI opened at $61.42 on Thursday. British American Tobacco p.l.c. has a 52 week low of $48.53 and a 52 week high of $67.30. The company has a fifty day simple moving average of $61.63 and a two-hundred day simple moving average of $59.67. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.57 and a current ratio of 0.87.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BTI. Weiss Ratings upgraded British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. Wall Street Zen downgraded British American Tobacco from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Morgan Stanley reissued an “overweight” rating on shares of British American Tobacco in a research note on Monday, June 8th. Finally, Citigroup restated a “buy” rating on shares of British American Tobacco in a report on Thursday, May 14th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $51.00.

British American Tobacco Profile

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.