Regal Investment Advisors LLC Sells 517 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Regal Investment Advisors LLC lessened its stake in British American Tobacco p.l.c. (NYSE:BTI) by 3.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,631 shares of the company’s stock after selling 517 shares during the period. Regal Investment Advisors LLC’s holdings in British American Tobacco were worth $514,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BTI. O Brien Greene & Co. Inc raised its stake in shares of British American Tobacco by 1.7% in the 2nd quarter. O Brien Greene & Co. Inc now owns 17,102 shares of the company’s stock valued at $529,000 after purchasing an additional 289 shares during the period. 1832 Asset Management L.P. increased its stake in shares of British American Tobacco by 4.2% during the 1st quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock worth $274,000 after purchasing an additional 363 shares during the last quarter. Gallacher Capital Management LLC raised its holdings in shares of British American Tobacco by 3.8% in the 1st quarter. Gallacher Capital Management LLC now owns 11,100 shares of the company’s stock valued at $339,000 after purchasing an additional 402 shares during the period. Dearborn Partners LLC lifted its stake in British American Tobacco by 5.0% in the 1st quarter. Dearborn Partners LLC now owns 8,853 shares of the company’s stock valued at $270,000 after purchasing an additional 425 shares during the last quarter. Finally, Moody National Bank Trust Division increased its position in British American Tobacco by 6.3% during the first quarter. Moody National Bank Trust Division now owns 7,802 shares of the company’s stock worth $238,000 after buying an additional 465 shares during the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded British American Tobacco from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 11th.

British American Tobacco Stock Performance

NYSE BTI opened at $36.45 on Wednesday. The stock has a market cap of $80.95 billion, a PE ratio of 7.53, a P/E/G ratio of 1.98 and a beta of 0.52. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. The firm has a 50-day moving average of $36.91 and a 200-day moving average of $32.90. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $39.54.

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.