Brucke Financial Inc. Makes New $296,000 Investment in British American Tobacco p.l.c. (NYSE:BTI)

Brucke Financial Inc. purchased a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,455 shares of the company's stock, valued at approximately $296,000.

A number of other institutional investors have also recently made changes to their positions in the company. Sound View Wealth Advisors Group LLC grew its position in shares of British American Tobacco by 3.0% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 8,904 shares of the company's stock valued at $323,000 after purchasing an additional 258 shares in the last quarter. Keystone Financial Group grew its position in British American Tobacco by 1.5% in 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 in the last quarter. Stokes Family Office LLC grew its position in British American Tobacco by 1.9% in the fourth quarter. Stokes Family Office LLC now owns 14,697 shares of the company's stock worth $534,000 after acquiring an additional 269 shares in the last quarter. Harbour Investments Inc. grew its position in British American Tobacco by 17.0% in the fourth quarter. Harbour Investments Inc. now owns 2,095 shares of the company's stock worth $76,000 after acquiring an additional 305 shares in the last quarter. Finally, Moors & Cabot Inc. grew 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 acquiring an additional 321 shares in the last quarter. Hedge funds and other institutional investors own 16.16% of the company's stock.

British American Tobacco Trading Down 0.4%

NYSE BTI traded down $0.17 during trading on Thursday, hitting $44.93. The stock had a trading volume of 4,700,383 shares, compared to its average volume of 4,971,222. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. The stock has a market capitalization of $92.87 billion, a price-to-earnings ratio of 9.22 and a beta of 0.32. British American Tobacco p.l.c. has a one year low of $30.29 and a one year high of $45.41. The stock has a 50 day simple moving average of $42.21 and a 200 day simple moving average of $39.57.

Analyst Ratings Changes

BTI has been the subject of several recent research reports. Wall Street Zen upgraded British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday, February 17th. Bank of America began coverage on shares of British American Tobacco in a research note on Wednesday, April 30th. They issued a "buy" rating for the company. One analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $33.00.

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.