First National Trust Co Buys 10,703 Shares of British American Tobacco p.l.c. (NYSE:BTI)

First National Trust Co boosted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 46.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,989 shares of the company’s stock after purchasing an additional 10,703 shares during the period. First National Trust Co’s holdings in British American Tobacco were worth $1,243,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Mather Group LLC. grew its stake in shares of British American Tobacco by 4,526.9% in the second quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock valued at $37,000 after buying an additional 1,177 shares in the last quarter. Addison Advisors LLC grew its position in shares of British American Tobacco by 79.9% in the 2nd quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock valued at $38,000 after acquiring an additional 545 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of British American Tobacco by 153.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after purchasing an additional 753 shares during the last quarter. Pathway Financial Advisers LLC bought a new stake in shares of British American Tobacco in the 1st quarter valued at about $46,000. Finally, Bruce G. Allen Investments LLC lifted its stake in British American Tobacco by 320.9% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,772 shares of the company’s stock valued at $65,000 after purchasing an additional 1,351 shares during the last quarter. 21.44% of the stock is currently owned by institutional investors.

British American Tobacco Trading Up 0.2 %

Shares of NYSE:BTI opened at $35.24 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $39.54. The business has a 50 day moving average of $36.37 and a 200-day moving average of $34.00.

Analyst Ratings Changes

BTI has been the topic of several research analyst reports. Morgan Stanley lowered British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective on the stock. in a research note on Thursday, October 3rd. Barclays upgraded British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, StockNews.com cut shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday.

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.