British American Tobacco p.l.c. $BTI Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. grew its position in British American Tobacco p.l.c. (NYSE:BTI) by 13.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 96,343 shares of the company’s stock after acquiring an additional 11,427 shares during the period. Daiwa Securities Group Inc.’s holdings in British American Tobacco were worth $5,455,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sittner & Nelson LLC raised its position in shares of British American Tobacco by 3.9% during the 4th quarter. Sittner & Nelson LLC now owns 8,050 shares of the company’s stock worth $506,000 after purchasing an additional 300 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of British American Tobacco by 45.5% during the 4th quarter. Sivia Capital Partners LLC now owns 14,162 shares of the company’s stock worth $802,000 after purchasing an additional 4,426 shares during the last quarter. Lido Advisors LLC raised its position in shares of British American Tobacco by 4.0% during the 4th quarter. Lido Advisors LLC now owns 16,201 shares of the company’s stock worth $865,000 after purchasing an additional 622 shares during the last quarter. Dynasty Wealth Management LLC raised its position in shares of British American Tobacco by 8.8% during the 4th quarter. Dynasty Wealth Management LLC now owns 22,191 shares of the company’s stock worth $1,256,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Natixis Advisors LLC raised its position in shares of British American Tobacco by 5.3% during the 4th quarter. Natixis Advisors LLC now owns 3,266,600 shares of the company’s stock worth $184,955,000 after purchasing an additional 164,798 shares during the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on BTI shares. Weiss Ratings upgraded shares of British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. Citigroup restated a “buy” rating on shares of British American Tobacco in a research report on Thursday, May 14th. Finally, Wall Street Zen upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a research report on Saturday, May 30th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, British American Tobacco presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.

British American Tobacco Trading Up 0.3%

Shares of NYSE BTI opened at $59.91 on Monday. British American Tobacco p.l.c. has a 12-month low of $46.38 and a 12-month high of $67.30. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 0.66. The company has a 50-day moving average of $60.11 and a 200 day moving average of $59.02.

British American Tobacco Profile

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.