British American Tobacco p.l.c. $BTI Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. cut its position in British American Tobacco p.l.c. (NYSE:BTI) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 382,934 shares of the company’s stock after selling 12,925 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in British American Tobacco were worth $21,682,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Cornerstone Planning Group LLC boosted its position in shares of British American Tobacco by 141.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 591 shares of the company’s stock valued at $36,000 after purchasing an additional 346 shares during the period. Cary Street Partners Financial LLC purchased a new stake in British American Tobacco during the 2nd quarter valued at approximately $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in British American Tobacco during the 4th quarter valued at approximately $42,000. Binnacle Investments Inc raised its stake in British American Tobacco by 163.2% during the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the company’s stock valued at $40,000 after acquiring an additional 465 shares during the last quarter. Finally, Westside Investment Management Inc. raised its stake in British American Tobacco by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 782 shares of the company’s stock valued at $41,000 after acquiring an additional 391 shares during the last quarter. 16.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have commented on BTI. Wall Street Zen raised British American Tobacco from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings downgraded British American Tobacco from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Finally, Citigroup reaffirmed a “buy” rating on shares of British American Tobacco in a research note on Thursday, May 14th. Seven analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $51.00.

British American Tobacco Stock Down 1.2%

NYSE BTI opened at $61.07 on Tuesday. British American Tobacco p.l.c. has a 1-year low of $45.04 and a 1-year high of $67.30. The business has a 50 day moving average price of $60.01 and a 200 day moving average price of $58.89. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 0.66.

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.