ORG Partners LLC Invests $732,000 in British American Tobacco p.l.c. (NYSE:BTI)

ORG Partners LLC acquired a new position in British American Tobacco p.l.c. (NYSE:BTI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,108 shares of the company’s stock, valued at approximately $732,000. British American Tobacco comprises approximately 1.4% of ORG Partners LLC’s holdings, making the stock its 13th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its stake in shares of British American Tobacco by 1,466.5% in the fourth quarter. SG Americas Securities LLC now owns 98,812 shares of the company’s stock worth $2,894,000 after buying an additional 92,504 shares during the last quarter. ICICI Prudential Asset Management Co Ltd grew its position in shares of British American Tobacco by 40.1% in the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 1,394,129 shares of the company’s stock valued at $40,834,000 after purchasing an additional 399,359 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of British American Tobacco by 79.3% during the 1st quarter. GAMMA Investing LLC now owns 2,085 shares of the company’s stock worth $64,000 after purchasing an additional 922 shares during the last quarter. Clarius Group LLC grew its holdings in British American Tobacco by 40.3% in the 4th quarter. Clarius Group LLC now owns 13,066 shares of the company’s stock valued at $383,000 after buying an additional 3,752 shares during the last quarter. Finally, CWM LLC grew its position in British American Tobacco by 8.5% during the first quarter. CWM LLC now owns 15,889 shares of the company’s stock worth $485,000 after buying an additional 1,244 shares in the last quarter. 21.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Monday, May 6th.

British American Tobacco Trading Up 1.2 %

NYSE:BTI traded up $0.38 during mid-day trading on Friday, hitting $32.61. The company had a trading volume of 4,139,498 shares, compared to its average volume of 4,596,363. The firm has a market cap of $72.79 billion, a P/E ratio of 6.72, a P/E/G ratio of 1.64 and a beta of 0.52. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $34.28. The business’s fifty day moving average is $31.09 and its two-hundred day moving average is $30.29. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.59 and a current ratio of 0.91.

About British American Tobacco

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.