Capital International Investors Reduces $956M in British American Tobacco p.l.c. ($BTI)
Key Points
- Capital International Investors changed its British American Tobacco p.l.c. ($BTI) stake by 24.2% last quarter, cutting to 48,815,570 shares worth $3.00 billion.
- Wall Street's consensus rating on $BTI is Strong Buy and an average price target of $67.54.
- $BTI last traded around $61.39.
Capital International Investors reduced its position in British American Tobacco p.l.c. ($BTI) by 24.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,815,570 shares of British American Tobacco p.l.c. after selling 15,573,911 shares during the quarter. Capital International Investors's holdings in British American Tobacco p.l.c. were worth $3.00 billion as of its most recent filing.
British American Tobacco p.l.c. ($BTI) Stock
British American Tobacco p.l.c. Earnings
British American Tobacco p.l.c. Dividend
Analysts Set New Price Targets
About British American Tobacco p.l.c.
British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa. The company offers vapour products; heated products, which consists of a battery-powered device and a plant-based substance consumable that is heated; modern oral products, such as nicotine pouches; combustibles, including cigarette sticks and other tobacco stick products; traditional oral products, such as snus and moist snuff; and fine cut/roll-your-own tobacco products. It sells its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Newport, Natural American Spirit, and Camel Snus brands, as well as Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, and State Express 555 brands. The company distributes its products to retail outlets. British American Tobacco p.l.c. was founded in 1902 and is headquartered in London, the United Kingdom.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.