Sculati Wealth Management LLC Has $708,000 Stake in British American Tobacco p.l.c. (NYSE:BTI)

Sculati Wealth Management LLC grew its holdings in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 138.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,490 shares of the company's stock after purchasing an additional 11,300 shares during the quarter. Sculati Wealth Management LLC's holdings in British American Tobacco were worth $708,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Sound View Wealth Advisors Group LLC increased its position in British American Tobacco by 3.0% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 8,904 shares of the company's stock worth $323,000 after buying an additional 258 shares during the period. Keystone Financial Group increased its position in British American Tobacco by 1.5% during the fourth quarter. Keystone Financial Group now owns 17,695 shares of the company's stock worth $643,000 after acquiring an additional 267 shares during the period. Stokes Family Office LLC raised its stake in British American Tobacco by 1.9% during the 4th quarter. Stokes Family Office LLC now owns 14,697 shares of the company's stock valued at $534,000 after purchasing an additional 269 shares during the last quarter. Harbour Investments Inc. increased its position in shares of British American Tobacco by 17.0% during the fourth quarter. Harbour Investments Inc. now owns 2,095 shares of the company's stock valued at $76,000 after purchasing an additional 305 shares during the period. Finally, Moors & Cabot Inc. lifted its position in British American Tobacco by 0.4% in the fourth quarter. Moors & Cabot Inc. now owns 81,858 shares of the company's stock worth $2,973,000 after purchasing an additional 321 shares during the period. Institutional investors and hedge funds own 16.16% of the company's stock.

British American Tobacco Trading Down 0.4%

Shares of British American Tobacco stock traded down $0.17 during trading on Thursday, hitting $44.93. 4,700,383 shares of the company were exchanged, compared to its average volume of 4,966,828. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The firm has a market capitalization of $92.87 billion, a P/E ratio of 9.22 and a beta of 0.32. The firm's fifty day moving average price is $42.21 and its 200 day moving average price is $39.57. British American Tobacco p.l.c. has a 1-year low of $30.01 and a 1-year high of $45.41.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BTI. Wall Street Zen upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a research note on Monday, February 17th. Bank of America began coverage on shares of British American Tobacco in a research note on Wednesday, April 30th. They set a "buy" rating for the company. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, British American Tobacco currently has an average rating of "Moderate Buy" and a consensus price target of $33.00.

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.