Capital Investment Advisors LLC Makes New Investment in British American Tobacco p.l.c. (NYSE:BTI)

Capital Investment Advisors LLC purchased a new stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,365 shares of the company's stock, valued at approximately $222,000.

A number of other large investors also recently made changes to their positions in BTI. SRS Capital Advisors Inc. lifted its stake in British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock worth $26,000 after purchasing an additional 525 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of British American Tobacco in the fourth quarter valued at $26,000. Financial Management Professionals Inc. lifted its position in British American Tobacco by 78.5% during the first quarter. Financial Management Professionals Inc. now owns 632 shares of the company's stock valued at $26,000 after purchasing an additional 278 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in British American Tobacco during the 4th quarter valued at about $27,000. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of British American Tobacco by 334.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock worth $40,000 after acquiring an additional 846 shares during the period. Institutional investors and hedge funds own 16.16% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on BTI shares. Wall Street Zen raised British American Tobacco from a "hold" rating to a "buy" rating in a research note on Monday, February 17th. Bank of America assumed coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They issued a "buy" rating for the company. One research 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. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $33.00.

British American Tobacco Trading Up 0.5%

BTI stock traded up $0.24 during mid-day trading on Friday, reaching $48.84. 3,628,125 shares of the stock traded hands, compared to its average volume of 5,114,892. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. British American Tobacco p.l.c. has a 52-week low of $30.33 and a 52-week high of $49.20. The stock's fifty day moving average is $43.56 and its 200-day moving average is $40.37. The company has a market cap of $100.96 billion, a P/E ratio of 10.03 and a beta of 0.31.

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.