A. D. Beadell Investment Counsel Inc. Takes Position in British American Tobacco p.l.c. (NYSE:BTI)

A. D. Beadell Investment Counsel Inc. purchased a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,250 shares of the company’s stock, valued at approximately $299,000.

Other large investors have also added to or reduced their stakes in the company. ORG Partners LLC increased its position in British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after buying an additional 299 shares during the last quarter. Weaver Consulting Group raised its stake in British American Tobacco by 3.8% in the 4th quarter. Weaver Consulting Group now owns 11,130 shares of the company’s stock valued at $404,000 after acquiring an additional 408 shares during the period. Range Financial Group LLC bought a new position in British American Tobacco during the fourth quarter worth about $1,440,000. Bard Financial Services Inc. increased its stake in shares of British American Tobacco by 14.3% in the fourth quarter. Bard Financial Services Inc. now owns 107,635 shares of the company’s stock worth $3,909,000 after purchasing an additional 13,426 shares in the last quarter. Finally, CWA Asset Management Group LLC lifted its stake in shares of British American Tobacco by 17.8% during the 4th quarter. CWA Asset Management Group LLC now owns 42,313 shares of the company’s stock valued at $1,537,000 after buying an additional 6,401 shares in the last quarter. Hedge funds and other institutional investors own 16.16% of the company’s stock.

Analysts Set New Price Targets

BTI has been the topic of a number of analyst reports. Morgan Stanley cut shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price on the stock. in a report on Thursday, October 3rd. StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Barclays upgraded British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th.

British American Tobacco Price Performance

Shares of BTI traded down $0.54 during mid-day trading on Friday, reaching $36.20. 1,137,391 shares of the stock traded hands, compared to its average volume of 2,309,781. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54. The company has a market cap of $79.99 billion, a price-to-earnings ratio of 7.56 and a beta of 0.52. The firm has a fifty day moving average price of $36.71 and a 200 day moving average price of $35.82.

British American Tobacco 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.