ORG Wealth Partners LLC Purchases Shares of 1,800 British American Tobacco p.l.c. $BTI

ORG Wealth Partners LLC acquired a new position in British American Tobacco p.l.c. (NYSE:BTI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,800 shares of the company’s stock, valued at approximately $84,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rosenberg Matthew Hamilton raised its stake in British American Tobacco by 87.0% during the first quarter. Rosenberg Matthew Hamilton now owns 602 shares of the company’s stock worth $25,000 after acquiring an additional 280 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of British American Tobacco by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 610 shares of the company’s stock valued at $25,000 after buying an additional 305 shares in the last quarter. Financial Management Professionals Inc. boosted its holdings in British American Tobacco by 78.5% in the first quarter. Financial Management Professionals Inc. now owns 632 shares of the company’s stock worth $26,000 after purchasing an additional 278 shares during the last quarter. Mather Group LLC. lifted its position in shares of British American Tobacco by 292.7% in the first quarter. Mather Group LLC. now owns 644 shares of the company’s stock valued at $27,000 after acquiring an additional 480 shares in the last quarter. Finally, Pandora Wealth Inc. bought a new position in British American Tobacco during the first quarter valued at $32,000. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Stock Performance

Shares of BTI stock opened at $52.97 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.55 and a debt-to-equity ratio of 0.68. The company has a market cap of $108.99 billion, a P/E ratio of 10.88, a PEG ratio of 3.64 and a beta of 0.40. The firm has a fifty day moving average price of $55.55 and a 200 day moving average price of $48.41. British American Tobacco p.l.c. has a 12 month low of $34.17 and a 12 month high of $59.29.

Wall Street Analysts Forecast Growth

BTI has been the topic of several analyst reports. Wall Street Zen lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. Jefferies Financial Group began coverage on British American Tobacco in a research report on Wednesday, July 9th. They set a “buy” rating on the stock. Royal Bank Of Canada downgraded shares of British American Tobacco from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, September 2nd. Argus upgraded British American Tobacco from a “hold” rating to a “buy” rating and set a $62.00 price objective on the stock in a research note on Monday, September 8th. Finally, Barclays reissued an “overweight” rating on shares of British American Tobacco in a research report on Friday, June 13th. Five analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $51.00.

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.