Captrust Financial Advisors Sells 11,631 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Captrust Financial Advisors trimmed its position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 47.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,773 shares of the company's stock after selling 11,631 shares during the quarter. Captrust Financial Advisors' holdings in British American Tobacco were worth $464,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sound View Wealth Advisors Group LLC raised its stake in 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 worth $323,000 after purchasing an additional 258 shares during the period. Keystone Financial Group grew its holdings in British American Tobacco by 1.5% during the 4th 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 boosted its holdings in shares of British American Tobacco by 1.9% in the 4th quarter. Stokes Family Office LLC now owns 14,697 shares of the company's stock valued at $534,000 after buying an additional 269 shares during the period. Key Client Fiduciary Advisors LLC boosted its stake 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 during the period. Finally, Harbour Investments Inc. lifted its stake in shares of British American Tobacco by 17.0% in the 4th quarter. Harbour Investments Inc. now owns 2,095 shares of the company's stock worth $76,000 after acquiring an additional 305 shares during the period. Hedge funds and other institutional investors own 16.16% of the company's stock.

British American Tobacco Stock Up 1.4%

Shares of BTI stock traded up $0.61 during trading on Friday, reaching $45.21. The company's stock had a trading volume of 2,807,444 shares, compared to its average volume of 4,941,863. The business has a fifty day moving average price of $41.88 and a 200-day moving average price of $39.30. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. The company has a market cap of $93.45 billion, a price-to-earnings ratio of 9.29 and a beta of 0.32. British American Tobacco p.l.c. has a one year low of $30.01 and a one year high of $45.28.

Analyst Ratings Changes

BTI has been the subject of several research analyst reports. Wall Street Zen upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday, February 17th. Bank of America started coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They set a "buy" rating for the company. Finally, UBS Group raised shares of British American Tobacco from a "neutral" rating to a "buy" rating in a report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus 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.