Bard Financial Services Inc. Grows Position in British American Tobacco p.l.c. (NYSE:BTI)

Bard Financial Services Inc. lifted its position in British American Tobacco p.l.c. (NYSE:BTI) by 49.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,209 shares of the company’s stock after purchasing an additional 31,174 shares during the quarter. Bard Financial Services Inc.’s holdings in British American Tobacco were worth $3,446,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in BTI. CWM LLC grew its holdings in shares of British American Tobacco by 4.0% in the second quarter. CWM LLC now owns 16,517 shares of the company’s stock valued at $511,000 after purchasing an additional 628 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its position in shares of British American Tobacco by 14.2% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 12,541 shares of the company’s stock worth $388,000 after buying an additional 1,563 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of British American Tobacco by 13.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 70,117 shares of the company’s stock worth $2,169,000 after buying an additional 8,089 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of British American Tobacco by 4.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 59,443 shares of the company’s stock worth $1,839,000 after buying an additional 2,334 shares during the last quarter. Finally, AlphaMark Advisors LLC raised its position in British American Tobacco by 65.9% in the 2nd quarter. AlphaMark Advisors LLC now owns 5,617 shares of the company’s stock valued at $174,000 after purchasing an additional 2,231 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Stock Up 1.0 %

NYSE:BTI opened at $38.11 on Wednesday. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54. The firm’s fifty day simple moving average is $35.93 and its 200-day simple moving average is $34.93.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BTI. StockNews.com downgraded shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, Morgan Stanley cut shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective on the stock. in a research note on Thursday, October 3rd.

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.