British American Tobacco Plc ADR (NYSE:BTI): Buy, Sell Or Hold At $30.23?

IPW

In recent trading session, British American Tobacco Plc ADR (NYSE:BTI) saw 2.07 million shares changing hands at last check today with its beta currently measuring 0.53. Company’s recent per share price level of $30.23 trading at $0.08 or 0.25% at last check today assigns it a market valuation of $67.41B. That most recent trading price of BTI’s stock is at a discount of -24.55% from its 52-week high price of $37.65 and is indicating a premium of 6.22% from its 52-week low price of $28.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.5 million shares which gives us an average trading volume of 4.93 million if we extend that period to 3-months.

British American Tobacco Plc ADR (NYSE:BTI) trade information

Upright in the green today for gaining 0.25%, in the last five days BTI remained trading in the red while hitting it’s week-highest on Tuesday, 03/19/24 when the stock touched $30.23 price level, adding 3.14% to its value on the day. British American Tobacco Plc ADR’s shares saw a change of 3.19% in year-to-date performance and have moved -0.25% in past 5-day. British American Tobacco Plc ADR (NYSE:BTI) showed a performance of -0.80% in past 30-days. Number of shares sold short was 5.52 million shares which calculate 1.23 days to cover the short interests.

British American Tobacco Plc ADR (BTI) estimates and forecasts

Statistics highlight that British American Tobacco Plc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -9.78% of value to its shares in past 6 months, showing an annual growth rate of 1.28% while that of industry is 2.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

BTI Dividends

British American Tobacco Plc ADR is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

British American Tobacco Plc ADR (NYSE:BTI)’s Major holders

Insiders are in possession of 0.27% of company’s total shares while institution are holding 6.50 percent of that, with stock having share float percentage of 6.52%. Investors also watch the number of corporate investors in a company very closely, which is 6.50% institutions for British American Tobacco Plc ADR that are currently holding shares of the company. Capital International Investors is the top institutional holder at BTI for having 21.59 million shares of worth $653.09 million. And as of Dec 30, 2023, it was holding 0.97% of the company’s outstanding shares.

The second largest institutional holder is Blackrock Inc., which was holding about 17.49 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 0.78% of outstanding shares, having a total worth of $529.05 million.

On the other hand, American Mutual Fund Inc and Washington Mutual Investors Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 16.16 million shares of worth $488.97 million or 0.72% of the total outstanding shares. The later fund manager was in possession of 9.59 million shares on Dec 30, 2023, making its stake of worth around $290.07 million in the company or a holder of 0.43% of company’s stock.