United Advisor Group LLC Has $351,000 Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

United Advisor Group LLC cut its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 6.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,588 shares of the company’s stock after selling 630 shares during the period. United Advisor Group LLC’s holdings in British American Tobacco were worth $351,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Larson Financial Group LLC grew its stake in British American Tobacco by 153.7% in the first 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. Mather Group LLC. boosted its holdings in shares of British American Tobacco by 4,526.9% during the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock worth $37,000 after buying an additional 1,177 shares during the period. Addison Advisors LLC grew its position in shares of British American Tobacco by 79.9% in the second quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock valued at $38,000 after purchasing an additional 545 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in British American Tobacco by 153.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after buying an additional 753 shares during the period. Finally, Pathway Financial Advisers LLC acquired a new stake in British American Tobacco in the 1st quarter worth about $46,000. Institutional investors own 21.44% of the company’s stock.

British American Tobacco Stock Up 0.5 %

Shares of NYSE BTI opened at $35.62 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The company’s fifty day simple moving average is $36.50 and its 200 day simple moving average is $33.85. The firm has a market cap of $79.12 billion, a PE ratio of 7.48 and a beta of 0.53. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $39.54.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. StockNews.com downgraded British American Tobacco from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 11th. Morgan Stanley cut shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price on the stock. in a research note on Thursday, October 3rd. Finally, Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th.

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.