Carolina Wealth Advisors LLC Has $282,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Carolina Wealth Advisors LLC raised its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 5.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 9,233 shares of the company’s stock after acquiring an additional 506 shares during the quarter. Carolina Wealth Advisors LLC’s holdings in British American Tobacco were worth $282,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BTI. Stifel Financial Corp increased its position in shares of British American Tobacco by 5.8% during the third quarter. Stifel Financial Corp now owns 554,070 shares of the company’s stock worth $17,403,000 after buying an additional 30,238 shares during the period. SG Americas Securities LLC grew its holdings in British American Tobacco by 1,466.5% in the fourth quarter. SG Americas Securities LLC now owns 98,812 shares of the company’s stock worth $2,894,000 after purchasing an additional 92,504 shares during the period. QRG Capital Management Inc. acquired a new stake in British American Tobacco in the third quarter worth $4,036,000. Belpointe Asset Management LLC acquired a new stake in British American Tobacco in the third quarter worth $1,487,000. Finally, ICICI Prudential Asset Management Co Ltd grew its holdings in British American Tobacco by 40.1% in the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 1,394,129 shares of the company’s stock worth $40,834,000 after purchasing an additional 399,359 shares during the period. 21.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

British American Tobacco Stock Performance

Shares of British American Tobacco stock traded up $0.18 during trading hours on Wednesday, reaching $31.12. The company’s stock had a trading volume of 4,199,116 shares, compared to its average volume of 3,408,601. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $34.28. The stock’s fifty day simple moving average is $30.25 and its two-hundred day simple moving average is $30.07. The company has a quick ratio of 0.59, a current ratio of 0.91 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.