Whittier Trust Co. of Nevada Inc. Has $124,000 Stake in British American Tobacco PLC (NYSE:BTI)

Whittier Trust Co. of Nevada Inc. decreased its position in British American Tobacco PLC (NYSE:BTI) by 17.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,563 shares of the company’s stock after selling 737 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in British American Tobacco were worth $124,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BTI. Cypress Capital LLC grew its position in British American Tobacco by 10.2% during the second quarter. Cypress Capital LLC now owns 13,796 shares of the company’s stock worth $481,000 after buying an additional 1,275 shares in the last quarter. Coronation Fund Managers Ltd. acquired a new stake in British American Tobacco during the first quarter worth approximately $4,177,000. Quantamental Technologies LLC acquired a new stake in British American Tobacco during the first quarter worth approximately $408,000. Eagle Global Advisors LLC grew its position in British American Tobacco by 6.8% during the first quarter. Eagle Global Advisors LLC now owns 68,587 shares of the company’s stock worth $2,861,000 after buying an additional 4,375 shares in the last quarter. Finally, Financial Counselors Inc. grew its position in British American Tobacco by 56.5% during the first quarter. Financial Counselors Inc. now owns 147,187 shares of the company’s stock worth $6,141,000 after buying an additional 53,162 shares in the last quarter. 6.11% of the stock is currently owned by institutional investors.

BTI has been the topic of a number of analyst reports. Zacks Investment Research raised British American Tobacco from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th. Morgan Stanley downgraded British American Tobacco from an “equal” rating to an “underweight” rating in a research report on Monday, June 17th. Finally, Piper Jaffray Companies downgraded British American Tobacco from an “overweight” rating to a “neutral” rating in a research report on Thursday, July 11th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $53.00.

Shares of BTI stock traded down $1.44 during trading hours on Monday, reaching $36.26. The company’s stock had a trading volume of 32,760 shares, compared to its average volume of 1,821,278. The company’s 50 day moving average is $36.63. The firm has a market capitalization of $77.50 billion, a P/E ratio of 9.15, a price-to-earnings-growth ratio of 1.25 and a beta of 0.86. British American Tobacco PLC has a fifty-two week low of $30.67 and a fifty-two week high of $54.59. The company has a quick ratio of 0.41, a current ratio of 0.77 and a debt-to-equity ratio of 0.66.

British American Tobacco Company Profile

British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus, tobacco-free nicotine pouches, and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Camel, Natural American Spirit, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

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Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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