1,515 Shares in British American Tobacco p.l.c. (NYSE:BTI) Purchased by Pathway Financial Advisers LLC

Pathway Financial Advisers LLC acquired a new stake in British American Tobacco p.l.c. (NYSE:BTI) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,515 shares of the company’s stock, valued at approximately $46,000.

Several other large investors have also recently bought and sold shares of the business. Heritage Wealth Advisors purchased a new stake in British American Tobacco during the 4th quarter valued at approximately $26,000. Parkside Financial Bank & Trust raised its stake in shares of British American Tobacco by 308.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 940 shares of the company’s stock worth $28,000 after buying an additional 710 shares in the last quarter. HBC Financial Services PLLC purchased a new position in shares of British American Tobacco during the 4th quarter worth approximately $29,000. Cape Investment Advisory Inc. raised its stake in shares of British American Tobacco by 92.7% during the 4th quarter. Cape Investment Advisory Inc. now owns 1,060 shares of the company’s stock worth $31,000 after buying an additional 510 shares in the last quarter. Finally, Larson Financial Group LLC increased its stake in British American Tobacco by 153.7% in the 1st quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock valued at $31,000 after purchasing an additional 610 shares in the last quarter. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Trading Up 1.5 %

NYSE:BTI traded up $0.55 during mid-day trading on Friday, reaching $36.45. The stock had a trading volume of 7,872,081 shares, compared to its average volume of 5,279,556. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $36.45. The stock’s 50 day simple moving average is $32.14 and its two-hundred day simple moving average is $30.77. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded British American Tobacco from a “buy” rating to a “strong-buy” rating in a report on Saturday.

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.