Virtu Financial LLC Acquires 119,778 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Virtu Financial LLC grew its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 275.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 163,280 shares of the company’s stock after buying an additional 119,778 shares during the period. British American Tobacco makes up 0.4% of Virtu Financial LLC’s investment portfolio, making the stock its 28th largest holding. Virtu Financial LLC’s holdings in British American Tobacco were worth $4,782,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Heritage Wealth Advisors acquired a new position in shares of British American Tobacco during the fourth quarter worth approximately $26,000. Parkside Financial Bank & Trust raised its position in shares of British American Tobacco by 308.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 940 shares of the company’s stock worth $28,000 after purchasing an additional 710 shares during the period. HBC Financial Services PLLC purchased a new stake in British American Tobacco in the 4th quarter valued at $29,000. CoreFirst Bank & Trust raised its position in British American Tobacco by 297.1% in the 3rd quarter. CoreFirst Bank & Trust now owns 945 shares of the company’s stock valued at $30,000 after buying an additional 707 shares during the last quarter. Finally, Cape Investment Advisory Inc. raised its position in British American Tobacco by 92.7% in the 4th quarter. Cape Investment Advisory Inc. now owns 1,060 shares of the company’s stock valued at $31,000 after buying an additional 510 shares during the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a research report on Monday, May 6th.

British American Tobacco Price Performance

NYSE BTI traded up $0.03 on Friday, reaching $30.63. The company had a trading volume of 3,599,197 shares, compared to its average volume of 3,412,026. The company’s fifty day moving average is $30.20 and its 200 day moving average is $30.09. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $34.28. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67.

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.