First National Trust Co Has $1.24 Million Holdings in British American Tobacco p.l.c. (NYSE:BTI)

First National Trust Co increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 46.0% in the third quarter, Holdings Channel reports. The institutional investor owned 33,989 shares of the company’s stock after buying an additional 10,703 shares during the period. First National Trust Co’s holdings in British American Tobacco were worth $1,243,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Mather Group LLC. lifted its position in shares of British American Tobacco by 4,526.9% during the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock valued at $37,000 after acquiring an additional 1,177 shares during the period. Addison Advisors LLC raised its stake in British American Tobacco by 79.9% in the second quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock valued at $38,000 after purchasing an additional 545 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in British American Tobacco by 153.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after purchasing an additional 753 shares during the period. Pathway Financial Advisers LLC bought a new position in British American Tobacco in the 1st quarter valued at about $46,000. Finally, Bruce G. Allen Investments LLC raised its position in shares of British American Tobacco by 320.9% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,772 shares of the company’s stock valued at $65,000 after buying an additional 1,351 shares in the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Morgan Stanley lowered shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price target on the stock. in a research report on Thursday, October 3rd. Barclays raised British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. Finally, StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday.

British American Tobacco Price Performance

BTI stock opened at $35.24 on Wednesday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The company has a 50 day simple moving average of $36.37 and a 200 day simple moving average of $34.00.

British American Tobacco Company 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.