Atria Investments Inc Has $3.97 Million Stock Holdings in British American Tobacco p.l.c. $BTI

Atria Investments Inc boosted its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 168.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 83,794 shares of the company’s stock after acquiring an additional 52,580 shares during the period. Atria Investments Inc’s holdings in British American Tobacco were worth $3,966,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Mather Group LLC. grew its holdings in shares of British American Tobacco by 292.7% in the 1st quarter. Mather Group LLC. now owns 644 shares of the company’s stock valued at $27,000 after buying an additional 480 shares during the period. Pandora Wealth Inc. acquired a new position in shares of British American Tobacco in the 1st quarter valued at $32,000. Bessemer Group Inc. grew its holdings in shares of British American Tobacco by 232.4% in the 1st quarter. Bessemer Group Inc. now owns 1,117 shares of the company’s stock valued at $45,000 after buying an additional 781 shares during the period. State of Wyoming acquired a new position in shares of British American Tobacco in the 1st quarter valued at $57,000. Finally, UMB Bank n.a. grew its holdings in shares of British American Tobacco by 36.4% in the 2nd quarter. UMB Bank n.a. now owns 1,371 shares of the company’s stock valued at $65,000 after buying an additional 366 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Price Performance

Shares of NYSE:BTI opened at $51.25 on Friday. The company’s 50-day moving average price is $53.58 and its two-hundred day moving average price is $50.33. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.87 and a quick ratio of 0.55. British American Tobacco p.l.c. has a one year low of $34.24 and a one year high of $59.29.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BTI shares. Royal Bank Of Canada lowered shares of British American Tobacco from a “sector perform” rating to an “underperform” rating in a report on Tuesday, September 2nd. Argus raised shares of British American Tobacco from a “hold” rating to a “buy” rating and set a $62.00 price objective on the stock in a research report on Monday, September 8th. Morgan Stanley reaffirmed an “underweight” rating and issued a $40.00 price objective on shares of British American Tobacco in a research report on Friday, August 15th. Jefferies Financial Group began coverage on shares of British American Tobacco in a research report on Wednesday, July 9th. They issued a “buy” rating on the stock. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of British American Tobacco in a research report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $51.00.

British American Tobacco Company 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.