Mitchell & Pahl Private Wealth LLC Trims Stake in British American Tobacco p.l.c. (NYSE:BTI)

Mitchell & Pahl Private Wealth LLC lessened its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 2.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,740 shares of the company’s stock after selling 698 shares during the period. Mitchell & Pahl Private Wealth LLC’s holdings in British American Tobacco were worth $1,106,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new stake in shares of British American Tobacco in the 4th quarter valued at about $26,000. SRS Capital Advisors Inc. raised its stake in British American Tobacco by 294.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after purchasing an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in British American Tobacco during the fourth quarter valued at approximately $27,000. Cullen Frost Bankers Inc. grew its stake in British American Tobacco by 334.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company’s stock worth $40,000 after buying an additional 846 shares in the last quarter. Finally, Duncker Streett & Co. Inc. increased its holdings in shares of British American Tobacco by 43.1% in the 4th quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company’s stock worth $45,000 after buying an additional 374 shares during the last quarter. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Up 0.4%

Shares of NYSE BTI opened at $45.13 on Monday. The stock has a market capitalization of $93.29 billion, a P/E ratio of 9.27 and a beta of 0.32. British American Tobacco p.l.c. has a one year low of $30.29 and a one year high of $45.41. The firm’s 50 day simple moving average is $42.38 and its two-hundred day simple moving average is $39.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Bank of America assumed coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They set a “buy” rating for the company. Wall Street Zen raised British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.00.

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.