Jackson Wealth Management LLC raised its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 5.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,369 shares of the company’s stock after purchasing an additional 1,335 shares during the period. Jackson Wealth Management LLC’s holdings in British American Tobacco were worth $1,772,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Miles Capital Inc. grew its holdings in British American Tobacco by 0.4% in the second quarter. Miles Capital Inc. now owns 4,922 shares of the company’s stock valued at $337,000 after purchasing an additional 20 shares during the period. National Asset Management Inc. boosted its stake in shares of British American Tobacco by 1.2% in the second quarter. National Asset Management Inc. now owns 3,568 shares of the company’s stock worth $246,000 after acquiring an additional 44 shares during the last quarter. Fiera Capital Corp boosted its stake in shares of British American Tobacco by 1.8% in the second quarter. Fiera Capital Corp now owns 3,282 shares of the company’s stock worth $225,000 after acquiring an additional 59 shares during the last quarter. Financial Counselors Inc. boosted its stake in shares of British American Tobacco by 2.5% in the second quarter. Financial Counselors Inc. now owns 5,390 shares of the company’s stock worth $369,000 after acquiring an additional 131 shares during the last quarter. Finally, FTB Advisors Inc. boosted its stake in shares of British American Tobacco by 10.7% in the second quarter. FTB Advisors Inc. now owns 1,804 shares of the company’s stock worth $117,000 after acquiring an additional 174 shares during the last quarter. 7.20% of the stock is currently owned by institutional investors.

A number of analysts have recently issued reports on the company. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of British American Tobacco in a research note on Wednesday, August 9th. Jefferies Group LLC set a $78.00 price target on British American Tobacco and gave the stock a “buy” rating in a research note on Saturday, November 18th. Zacks Investment Research raised British American Tobacco from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a research note on Tuesday, August 15th. UBS AG reaffirmed a “buy” rating on shares of British American Tobacco in a research note on Tuesday, August 1st. Finally, Goldman Sachs Group Inc reaffirmed a “neutral” rating on shares of British American Tobacco in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $71.25.

Shares of British American Tobacco p.l.c. (NYSE BTI) opened at $66.78 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.48 and a debt-to-equity ratio of 1.91. British American Tobacco p.l.c. has a 12 month low of $53.78 and a 12 month high of $73.41.

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British American Tobacco Company Profile

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

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Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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