VSM Wealth Advisory LLC Has $70,000 Stake in British American Tobacco p.l.c. $BTI

VSM Wealth Advisory LLC grew its position in British American Tobacco p.l.c. (NYSE:BTI) by 3,921.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,488 shares of the company’s stock after purchasing an additional 1,451 shares during the quarter. VSM Wealth Advisory LLC’s holdings in British American Tobacco were worth $70,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GQG Partners LLC grew its holdings in British American Tobacco by 59.8% during the 1st quarter. GQG Partners LLC now owns 9,598,465 shares of the company’s stock worth $397,089,000 after acquiring an additional 3,590,916 shares during the period. Orbis Allan Gray Ltd boosted its position in shares of British American Tobacco by 20.4% during the 1st quarter. Orbis Allan Gray Ltd now owns 12,021,231 shares of the company’s stock valued at $497,318,000 after purchasing an additional 2,040,011 shares in the last quarter. Citigroup Inc. grew its stake in British American Tobacco by 833.5% during the second quarter. Citigroup Inc. now owns 2,121,918 shares of the company’s stock worth $100,430,000 after purchasing an additional 1,894,617 shares during the period. Envestnet Asset Management Inc. lifted its stake in British American Tobacco by 93.0% in the second quarter. Envestnet Asset Management Inc. now owns 2,792,258 shares of the company’s stock valued at $132,158,000 after buying an additional 1,345,175 shares during the period. Finally, Trivest Advisors Ltd bought a new position in British American Tobacco during the second quarter worth $60,109,000. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Trading Up 0.3%

NYSE:BTI opened at $54.88 on Wednesday. The stock has a fifty day moving average of $53.12 and a 200 day moving average of $51.39. British American Tobacco p.l.c. has a 52-week low of $34.82 and a 52-week high of $59.29. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.87 and a quick ratio of 0.55.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on BTI shares. Royal Bank Of Canada lowered shares of British American Tobacco from a “sector perform” rating to an “underperform” rating in a report on Tuesday, September 2nd. Argus raised shares of British American Tobacco from a “hold” rating to a “buy” rating and set a $62.00 price objective for the company in a research report on Monday, September 8th. Wall Street Zen downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Weiss Ratings restated a “hold (c+)” rating on shares of British American Tobacco in a research note on Wednesday, October 8th. Finally, Morgan Stanley restated an “underweight” rating and set a $40.00 price target on shares of British American Tobacco in a research note on Friday, August 15th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $51.00.

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.