6,574 Shares in British American Tobacco p.l.c. (NYSE:BTI) Purchased by Pitcairn Co.

Pitcairn Co. bought a new position in shares of British American Tobacco p.l.c. (NYSE:BTI) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,574 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BTI. O Shaughnessy Asset Management LLC grew its holdings in British American Tobacco by 33.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 233,986 shares of the company’s stock valued at $7,137,000 after purchasing an additional 58,678 shares during the period. Osaic Holdings Inc. grew its holdings in British American Tobacco by 25.0% in the first quarter. Osaic Holdings Inc. now owns 487,983 shares of the company’s stock valued at $14,887,000 after purchasing an additional 97,556 shares during the period. Pinnacle Wealth Planning Services Inc. acquired a new stake in British American Tobacco in the first quarter valued at approximately $393,000. Prevail Innovative Wealth Advisors LLC grew its holdings in British American Tobacco by 30.9% in the first quarter. Prevail Innovative Wealth Advisors LLC now owns 32,169 shares of the company’s stock valued at $981,000 after purchasing an additional 7,593 shares during the period. Finally, Motco grew its holdings in British American Tobacco by 1.2% in the first quarter. Motco now owns 112,581 shares of the company’s stock valued at $3,434,000 after purchasing an additional 1,308 shares during the period. 21.44% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Stock Performance

Shares of British American Tobacco stock opened at $35.07 on Friday. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $35.07. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average price is $31.59 and its 200 day moving average price is $30.54.

Analysts Set New Price Targets

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

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.