Dupree Financial Group LLC Has $14.14 Million Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Dupree Financial Group LLC increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 389,326 shares of the company’s stock after purchasing an additional 6,113 shares during the period. British American Tobacco makes up 6.5% of Dupree Financial Group LLC’s portfolio, making the stock its 3rd biggest position. Dupree Financial Group LLC’s holdings in British American Tobacco were worth $14,140,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Optas LLC acquired a new stake in shares of British American Tobacco in the 4th quarter valued at $225,000. Greenleaf Trust boosted its position in British American Tobacco by 4.7% in the fourth quarter. Greenleaf Trust now owns 22,214 shares of the company’s stock valued at $807,000 after buying an additional 1,003 shares in the last quarter. Avantra Family Wealth Inc. bought a new stake in British American Tobacco during the fourth quarter worth about $686,000. Inlet Private Wealth LLC increased its holdings in shares of British American Tobacco by 1.2% during the fourth quarter. Inlet Private Wealth LLC now owns 147,478 shares of the company’s stock worth $5,356,000 after buying an additional 1,800 shares in the last quarter. Finally, Concord Wealth Partners boosted its holdings in shares of British American Tobacco by 223.0% in the 4th quarter. Concord Wealth Partners now owns 4,008 shares of the company’s stock worth $146,000 after acquiring an additional 2,767 shares in the last quarter. 16.16% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Stock Performance

BTI stock opened at $39.76 on Tuesday. The business has a fifty day moving average of $37.15 and a 200-day moving average of $36.49. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $39.85. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88.

Analyst Ratings Changes

BTI has been the subject of several research analyst reports. UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th. StockNews.com downgraded shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th.

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.