Personal CFO Solutions LLC Raises Stake in British American Tobacco p.l.c. $BTI

Personal CFO Solutions LLC grew its position in British American Tobacco p.l.c. (NYSE:BTI) by 130.6% during the first quarter, Holdings Channel.com reports. The firm owned 18,345 shares of the company’s stock after acquiring an additional 10,390 shares during the period. Personal CFO Solutions LLC’s holdings in British American Tobacco were worth $1,088,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. First Command Advisory Services Inc. increased its holdings in British American Tobacco by 1,386.7% in the fourth quarter. First Command Advisory Services Inc. now owns 446 shares of the company’s stock valued at $25,000 after buying an additional 416 shares during the last quarter. Glen Eagle Advisors LLC purchased a new stake in British American Tobacco during the 4th quarter worth about $26,000. Cary Street Partners Financial LLC acquired a new position in shares of British American Tobacco during the 2nd quarter worth about $30,000. SHP Wealth Management purchased a new position in shares of British American Tobacco in the 4th quarter valued at about $35,000. Finally, Cornerstone Planning Group LLC increased its holdings in shares of British American Tobacco by 141.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 591 shares of the company’s stock valued at $36,000 after acquiring an additional 346 shares during the last quarter. 16.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BTI shares. Wall Street Zen downgraded British American Tobacco from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Citigroup reissued a “buy” rating on shares of British American Tobacco in a report on Thursday, May 14th. Morgan Stanley restated an “overweight” rating on shares of British American Tobacco in a report on Monday, June 8th. Finally, Weiss Ratings raised shares of British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $51.00.

British American Tobacco Price Performance

British American Tobacco stock opened at $61.42 on Thursday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.87 and a quick ratio of 0.57. British American Tobacco p.l.c. has a fifty-two week low of $48.53 and a fifty-two week high of $67.30. The stock has a 50-day simple moving average of $61.63 and a 200-day simple moving average of $59.67.

British American Tobacco Profile

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.