British American Tobacco p.l.c. (NYSE:BTI) is Euro Pacific Asset Management LLC’s 5th Largest Position

Euro Pacific Asset Management LLC cut its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 665,462 shares of the company’s stock after selling 3,639 shares during the quarter. British American Tobacco makes up approximately 5.2% of Euro Pacific Asset Management LLC’s holdings, making the stock its 5th biggest holding. Euro Pacific Asset Management LLC’s holdings in British American Tobacco were worth $24,336,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Key Client Fiduciary Advisors LLC raised its position in British American Tobacco by 2.0% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock valued at $547,000 after purchasing an additional 295 shares in the last quarter. Red Door Wealth Management LLC bought a new stake in shares of British American Tobacco in the fourth quarter valued at about $201,000. Mutual Advisors LLC bought a new position in British American Tobacco during the 4th quarter worth about $283,000. SG Americas Securities LLC increased its position in British American Tobacco by 45.3% during the 4th quarter. SG Americas Securities LLC now owns 46,286 shares of the company’s stock valued at $1,681,000 after purchasing an additional 14,432 shares during the period. Finally, Atomi Financial Group Inc. lifted its position in shares of British American Tobacco by 12.3% in the 4th quarter. Atomi Financial Group Inc. now owns 26,244 shares of the company’s stock worth $953,000 after purchasing an additional 2,881 shares during the period. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Price Performance

NYSE BTI opened at $37.93 on Friday. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $39.54. The firm’s fifty day simple moving average is $36.88 and its two-hundred day simple moving average is $36.14. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

A number of analysts have weighed in on BTI shares. StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Barclays upgraded British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, Morgan Stanley lowered British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price on the stock. in a research note on Thursday, October 3rd.

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.