British American Tobacco p.l.c. $BTI Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its position in British American Tobacco p.l.c. (NYSE:BTI) by 21.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 114,652 shares of the company’s stock after purchasing an additional 20,584 shares during the period. TD Waterhouse Canada Inc.’s holdings in British American Tobacco were worth $6,102,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. SHP Wealth Management bought a new stake in shares of British American Tobacco during the fourth quarter valued at approximately $35,000. NFSG Corp boosted its position in shares of British American Tobacco by 69.4% during the third quarter. NFSG Corp now owns 881 shares of the company’s stock worth $48,000 after buying an additional 361 shares during the period. Community Bank N.A. bought a new position in British American Tobacco in the 2nd quarter worth approximately $55,000. Main Street Group LTD bought a new position in British American Tobacco in the 1st quarter worth approximately $76,000. Finally, Whipplewood Advisors LLC grew its holdings in British American Tobacco by 1,342.7% in the 1st quarter. Whipplewood Advisors LLC now owns 1,486 shares of the company’s stock worth $87,000 after buying an additional 1,383 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Price Performance

Shares of NYSE:BTI opened at $58.55 on Tuesday. The company has a 50 day moving average of $55.83 and a 200-day moving average of $58.87. The company has a quick ratio of 0.50, a current ratio of 0.84 and a debt-to-equity ratio of 0.64. British American Tobacco p.l.c. has a twelve month low of $49.88 and a twelve month high of $67.30.

British American Tobacco (NYSE:BTI) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.11 EPS for the quarter, missing analysts’ consensus estimates of $2.21 by ($1.10). The company had revenue of $8.10 billion for the quarter, compared to analyst estimates of $16.42 billion. On average, research analysts expect that British American Tobacco p.l.c. will post 4.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. BTIG Research began coverage on British American Tobacco in a research note on Tuesday, July 21st. They set a “buy” rating on the stock. Royal Bank Of Canada reissued a “sell” rating on shares of British American Tobacco in a research note on Friday, September 11th. Wall Street Zen cut British American Tobacco from a “buy” rating to a “hold” rating in a research note on Sunday, August 9th. UBS Group reissued a “buy” rating on shares of British American Tobacco in a report on Wednesday, September 2nd. Finally, Jefferies Financial Group restated a “buy” rating on shares of British American Tobacco in a research note on Wednesday, September 30th. Twelve investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, British American Tobacco presently has an average rating of “Moderate Buy” and an average price target of $68.10.

British American Tobacco Profile

British American Tobacco p.l.c. (NYSE:BTI) is a multinational tobacco and nicotine products company headquartered in London, United Kingdom. The company develops, manufactures and markets combustible tobacco products, including cigarettes and other traditional tobacco products, as well as a growing portfolio of potentially reduced-risk nicotine products.

Its brands include Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans and Newport, along with non-combustible products such as Vuse vapor products, glo heated tobacco products and Velo modern oral nicotine pouches.