British American Tobacco p.l.c. (NYSE:BTI) Stock Holdings Increased by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC grew its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 33.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 11,870 shares of the company’s stock after buying an additional 2,994 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in British American Tobacco were worth $434,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Stonegate Investment Group LLC bought a new stake in British American Tobacco during the third quarter valued at $274,000. Teamwork Financial Advisors LLC bought a new stake in shares of British American Tobacco during the 3rd quarter valued at about $217,000. Bleakley Financial Group LLC raised its stake in British American Tobacco by 6.9% during the third quarter. Bleakley Financial Group LLC now owns 34,682 shares of the company’s stock worth $1,269,000 after acquiring an additional 2,239 shares during the period. Good Life Advisors LLC bought a new position in British American Tobacco in the third quarter worth about $336,000. Finally, Creative Planning grew its holdings in shares of British American Tobacco by 32.9% during the third quarter. Creative Planning now owns 143,916 shares of the company’s stock valued at $5,264,000 after purchasing an additional 35,661 shares during the last quarter. 21.44% of the stock is currently owned by institutional investors.

British American Tobacco Stock Performance

BTI opened at $34.50 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $36.90 and its 200-day moving average is $33.31. The stock has a market cap of $76.62 billion, a PE ratio of 7.14 and a beta of 0.52. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $39.54.

Analyst Ratings Changes

BTI has been the topic of several recent research reports. Morgan Stanley downgraded British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price target on the stock. in a report on Thursday, October 3rd. StockNews.com downgraded shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 11th.

About British American Tobacco

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.