British American Tobacco PLC (BTI) Shares Bought by Moody National Bank Trust Division

Moody National Bank Trust Division raised its holdings in shares of British American Tobacco PLC (NYSE:BTI) by 420.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,068 shares of the company’s stock after acquiring an additional 21,867 shares during the quarter. Moody National Bank Trust Division’s holdings in British American Tobacco were worth $1,262,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Gradient Investments LLC increased its holdings in British American Tobacco by 22.3% during the 2nd quarter. Gradient Investments LLC now owns 38,595 shares of the company’s stock valued at $1,947,000 after acquiring an additional 7,049 shares in the last quarter. Cumberland Partners Ltd increased its holdings in British American Tobacco by 1.7% during the 2nd quarter. Cumberland Partners Ltd now owns 114,075 shares of the company’s stock valued at $5,755,000 after acquiring an additional 1,948 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in British American Tobacco by 30.3% during the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 83,031 shares of the company’s stock valued at $4,189,000 after acquiring an additional 19,329 shares in the last quarter. New England Asset Management Inc. purchased a new position in British American Tobacco during the 2nd quarter valued at about $335,000. Finally, Alps Advisors Inc. purchased a new position in British American Tobacco during the 2nd quarter valued at about $587,000. Hedge funds and other institutional investors own 7.69% of the company’s stock.

Several equities analysts have weighed in on BTI shares. Jefferies Financial Group set a $66.00 target price on shares of British American Tobacco and gave the company a “buy” rating in a report on Monday, September 17th. Zacks Investment Research upgraded shares of British American Tobacco from a “sell” rating to a “hold” rating in a report on Wednesday, September 5th. Royal Bank of Canada downgraded shares of British American Tobacco to an “underperform” rating in a report on Monday, September 3rd. Sanford C. Bernstein started coverage on shares of British American Tobacco in a report on Tuesday, October 16th. They set a “market perform” rating for the company. Finally, UBS Group downgraded shares of British American Tobacco from a “hold” rating to a “sell” rating in a report on Thursday, October 18th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $73.00.

Shares of NYSE BTI opened at $43.51 on Monday. The stock has a market cap of $92.72 billion, a PE ratio of 11.82, a PEG ratio of 1.42 and a beta of 0.96. British American Tobacco PLC has a 12 month low of $41.69 and a 12 month high of $71.44. The company has a quick ratio of 0.41, a current ratio of 0.81 and a debt-to-equity ratio of 0.69.

British American Tobacco Company Profile

British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

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

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