HHM Wealth Advisors LLC Boosts Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

HHM Wealth Advisors LLC grew its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 156.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,018 shares of the company’s stock after purchasing an additional 1,839 shares during the period. HHM Wealth Advisors LLC’s holdings in British American Tobacco were worth $93,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. 1832 Asset Management L.P. grew its position in shares of British American Tobacco by 4.2% during the 1st quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock worth $274,000 after buying an additional 363 shares in the last quarter. Gallacher Capital Management LLC boosted its position in British American Tobacco by 3.8% during the first quarter. Gallacher Capital Management LLC now owns 11,100 shares of the company’s stock valued at $339,000 after purchasing an additional 402 shares in the last quarter. Dearborn Partners LLC raised its holdings in British American Tobacco by 5.0% in the first quarter. Dearborn Partners LLC now owns 8,853 shares of the company’s stock worth $270,000 after purchasing an additional 425 shares in the last quarter. Moody National Bank Trust Division lifted its position in shares of British American Tobacco by 6.3% during the first quarter. Moody National Bank Trust Division now owns 7,802 shares of the company’s stock valued at $238,000 after buying an additional 465 shares during the last quarter. Finally, MADDEN SECURITIES Corp boosted its holdings in shares of British American Tobacco by 1.7% in the 2nd quarter. MADDEN SECURITIES Corp now owns 30,535 shares of the company’s stock valued at $944,000 after buying an additional 500 shares in the last quarter. 21.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 11th.

British American Tobacco Stock Down 0.3 %

British American Tobacco stock opened at $39.12 on Thursday. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.24. The business has a fifty day moving average price of $35.38 and a 200-day moving average price of $32.11. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. The stock has a market capitalization of $86.89 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 2.02 and a beta of 0.52.

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.